Forex
The AUD/USD pair trades 0.35% higher to near 0.6945 during the European trading session on Tuesday. The Aussie pair gains as the US Dollar (USD) underperforms its peers ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.
Oil prices extend gains on Tuesday, with the barrel of the US benchmark West Texas Intermediate (WTI) consolidating at one-month highs in the $80.00 area, trading about 18% above the lows seen in early July.
Commodities
XAG/USD gains ground after two days of losses, trading around $58.10 per troy ounce during the European hours on Tuesday. The technical analysis of the daily chart shows that the spot price is remaining within the descending channel pattern.
Forex
The USD/JPY pair remains on the back foot through the first half of the European session on Tuesday. Intervention risks support the Japanese Yen (JPY) and act as a headwind for spot prices amid a softer US Dollar (USD).
Equities
Goldman Sachs heads into its Q2 2026 earnings after outperforming the S&P 500 and financial sector by a wide margin, raising the bar for another positive surprise. Investors will focus on investment banking fees, trading revenue, and management's outlook for capital markets activity. With US CPI, Fed Chair Kevin Warsh's testimony, and renewed Middle East tensions also driving sentiment, bearish technical signals suggest the stock may be approaching a mean-reversion phase.
West Texas Intermediate (WTI) oil price continues to gain ground, trading around $80.20 per barrel during the European hours on Tuesday. Crude oil prices rise due to rising supply concerns, which could be attributed to the escalating United States (US)-Iran tensions.
Commodities
Silver price (XAG/USD) is up 0.75% to near $58 during the European trading session on Tuesday.
Forex
The NZD/USD pair catches aggressive bids during the Asian session on Tuesday and jumps to a nearly four-week top in the last hour amid a combination of supporting factors.
Forex
AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending channel pattern, suggesting a prevailing bearish bias.
The United Arab Emirates (UAE) Ministry of Defence said that two UAE national tankers, the Mombasa and Al Bahiyah, were targeted by two Iranian cruise missiles in the southern lane of the Strait of Hormuz, in Omani territorial waters, Reuters reported on Tuesday.
