Chinese Foreign Exchange Reserves (May) 3.442T (Prev. 3.411T)

Newsquawk Staff · 7 Jun 2026, 02:50 UTC

What our latest note said

US Market Open, 23 Oct, 10:15 UTC · what it led with

US President Trump says the US crushed Iran, and may want to do it a "little more".
Crude benchmarks firmer on ongoing tensions in the Middle East; recent bout of strength comes after the Houthis launched another missile towards Saudi interests.

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Headlines that moved markets

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Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%

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