Public Markets 3h Briefing
×Last updated: July 23, 2026, 8:30 PM ET
Commodities and Markets React to Geopolitical Tensions and Economic Shifts
Oil futures edged lower wsj.com on potential technical correction after Brent crude bloomberg.com a barrel for the first time in two months, a move that stoked fears bloomberg.com of escalating Middle East conflict. Iran's proxy forces may be wsj.com hoping President Trump will blink as prices climb. The WSJ Dollar Index rose 0.28% wsj.com to 97.59, extending its gains for five of the past six trading days. A study bloomberg.com are being dictated by Tokyo as much as Wall Street, reflecting the $1.3 trillion US CLO market's evolving influences. Asian stocks were poised for declines bloomberg.com following a sharp Wall Street selloff.
Corporate Dealmaking and Sector Performance
HSBC is set to sell wsj.com its Singapore insurance business to Allianz for $2.1 billion, entering into a 15-year bancassurance partnership. In the tech sector, Stripe is reportedly wsj.com AI model marketplace Open Router, a deal that could value the startup at around $10 billion. Chipmaker Intel ft.com in 15 years, with revenue jumping 25% in the second quarter due to demand from AI data centers. Meanwhile, Deckers' sales growth moderated wsj.com in the first quarter, with gains for its two largest brands slowing. Advent International has bloomberg.com to explore a potential sale of its stake in Brazilian manufacturer Tigre SA.
Policy, Trade, and Global Economic Concerns
The Trump administration plans to impose nytimes.com new tariffs of around 10% on over 80 nations, replacing an expiring global tariff. These new duties are reportedly structured to wsj.com. Concerns over rising temperatures are posing a risk nytimes.com to summer travel in Western Europe, with calls for increased air conditioning. Sewage discharges have flouted guidance ft.com near 65 beaches in England since May, coinciding with the peak summer tourist season. In Los Angeles, the homeless population has grown again nytimes.com after two years of decline, potentially impacting Mayor Karen Bass's re-election prospects. Singapore's sovereign-wealth fund GIC plans to wsj.com in hedge funds over the next three years, tripling its commitments over the past decade. Defense technology firm Lyntris Inc. filed US bloomberg.com, joining a rush of companies in the sector seeking public market access.