U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Oil prices edged higher in Asian trading on Wednesday, supported by improved market sentiment following a new U.S.-Japan trade agreement and a surprise draw in U.S. crude stockpiles.
As of 22:07 ET (02:07 GMT), Brent crude futures for September rose 0.4% to $68.84 per barrel, while West Texas Intermediate (WTI) crude gained 0.3% to $65.50 per barrel.
The gains came after three consecutive sessions of losses, which were driven by U.S.-EU trade tensions and investor concerns over President Donald Trump’s upcoming August 1 tariff deadline.
Investor sentiment improved after Trump announced a major trade deal with Japan on Tuesday, which includes a reduced 15% tariff on Japanese imports—down from the initially proposed 25%. The agreement also includes a $550 billion Japanese investment in the U.S. and increased access to Japanese markets for U.S. exports, including autos, agricultural goods, and energy products. Markets interpreted the deal as a potential boost to global trade and oil demand.
Adding to the bullish momentum, the American Petroleum Institute (API) reported an unexpected 577,000-barrel decline in U.S. crude inventories for the week ending July 18, reversing a massive 19.1 million-barrel build from the previous week. The data suggested a possible rebound in fuel consumption during the peak summer driving season.
Gasoline inventories fell by 1.2 million barrels, while distillate stocks—including diesel and heating oil—rose by 3.48 million barrels. Analysts at ING noted this would bring some relief to the tight middle distillates market.
Investors now await official data from the U.S. Energy Information Administration (EIA) for confirmation. Increased fuel demand and easing trade concerns could continue to support oil prices in the near term.
