Public Markets 3h Briefing
×Last updated: July 20, 2026, 8:30 PM ET
Energy Markets Digest
Oil prices bloomberg.com as escalating hostilities in the Middle East stoked inflation concerns, while bloomberg.com for clues on energy price impacts. Despite hopes for a U.S.-Iran ceasefire wsj.com in early Asian trade. Meanwhile, Yemen's Houthi militants bloomberg.com in the Red Sea, adding to supply disruption worries.
North American Trade and Currency Watch
The Canadian dollar weakened sharply wsj.com following President Trump's announcement of plans to impose a 50% tariff on a broad range of Canadian goods. This move wsj.com and could impact currency markets.
Global Economic Indicators and Corporate Dealmaking
New Zealand's annual inflation accelerated to its fastest pace bloomberg.com in over two years, primarily driven by soaring fuel prices, bolstering the case for additional interest-rate hikes by the Reserve Bank. In corporate news wsj.com its auto-service chain Pep Boys to Mavis for $700 million. Separately, the bankrupt $1.2 billion Oceanwide Plaza project in Los Angeles, known as the "Graffiti Towers," has been cleared for sale bloomberg.com and potential completion. Analysts are maintaining bullish outlooks on Kioxia Holdings Inc., expecting a rebound bloomberg.com despite current share price volatility.
U.S. Market Movements and Sector Performance
U.S. stocks opened lower wsj.com in cautious trading, though chip stocks showed signs of recovery from recent selloffs. Investors appeared to wsj.com from China. In other news, the White House confirmed the new Air Force One will be nytimes.com for unspecified upgrades this fall.