Markets opened with a cautious tone as investors assessed inflation risks, geopolitical developments, and changing interest-rate expectations. Sentiment remained mixed, with uncertainty around central-bank policy, energy supply risks, and global economic conditions keeping investors selective across major asset classes.
Today's Snapshot
- Dow Jones: 52,498.64 (-0.26%)
- Nasdaq Composite: 25,873.18 (-1.55%)
- S&P 500: 7,515.34 (-0.79%)
- Gold: $4,024.48/oz (+0.58%)
- Silver: $58.27/oz (+1.07%)
- Brent Crude: $81.25/bbl (+0.31%)
Note: Data and market levels are as of 07:00 UTC, July 14, 2026, subject to live market fluctuations.
Global Markets
(A) Precious Metals
Gold: $4,024.48/oz (+0.58%)
Gold rose 0.58% to $4,024.48/oz, recovering after its recent fall. Demand improved ahead of the U.S. inflation report, while continued U.S.-Iran tensions supported safe-haven demand. However, a stronger dollar and higher interest-rate expectations limited the rise.
Silver: $58.27/oz (+1.07%)
Silver gained 1.07% to $58.27/oz, following gold higher. Geopolitical concerns and cautious positioning before U.S. inflation data supported prices, although a stronger dollar and higher bond yields kept gains limited.
(B) Energy
Brent Crude: $81.25/bbl (+0.31%)
Brent crude increased 0.31% to $81.25/bbl as tensions around the Strait of Hormuz raised fears of supply disruptions. Concerns over shipping safety and possible limits on oil movement supported prices and added to global inflation worries.
(C) FX
Dollar Index: 101.18 (-0.09%)
The Dollar Index eased 0.09% to 101.18 as investors avoided major moves before the U.S. inflation report. However, rising oil prices and comments from Christopher Waller, who said interest rates may need to rise if inflation stays high, limited the dollar’s decline.
EUR/USD: 1.1392 (+0.10%)
EUR/USD rose 0.10% to 1.1392 as the dollar softened before the inflation data. Gains remained limited because higher oil prices raised inflation concerns and could lead to higher U.S. interest rates, which generally support the dollar.
GBP/USD: 1.3358 (+0.09%)
GBP/USD gained 0.09% to 1.3358, supported by the slight weakness in the dollar. Investors remained cautious ahead of the U.S. CPI report and central-bank comments, which could affect expectations for future interest-rate decisions.
USD/JPY: 162.30 (-0.10%)
USD/JPY fell 0.10% to 162.30 as the yen recovered slightly following comments that Japan could review how its government pension fund invests. However, the yen remained near 40-year lows, with markets watching for possible action by Japanese authorities.
High-Impact Economic Events
| Country | Release | Forecast | Previous | Time UTC (GMT+00:00) |
|---|---|---|---|---|
| United States | Core CPI m/m | 0.2% | 0.2% | 12:30 PM<br>(GMT-04:00) |
| United States | Core CPI y/y | 2.8% | 2.9% | 12:30 PM<br>(GMT-04:00) |
| United States | CPI m/m | -0.1% | 0.5% | 12:30 PM<br>(GMT-04:00) |
| United States | CPI y/y | 3.8% | 4.2% | 12:30 PM<br>(GMT-04:00) |
| United States | Fed Chairman Kevin Warsh Testifies | - | - | 2:00 PM<br>(GMT-04:00) |
| United Kingdom | BOE Governor Andrew Bailey Speaks | - | - | 8:00 PM<br>(GMT+01:00) |
Note: These high-impact economic events are for informational purposes only. Please do your own research before making any market decisions.
Volatility
The VIX remained around 15.0, indicating that investors are staying relatively calm ahead of the U.S. CPI inflation report and Federal Reserve commentary.
What Traders Are Watching
- U.S. CPI Inflation Report - Markets are watching whether inflation continues to ease or remains elevated, which could significantly influence Federal Reserve policy expectations.
- Fed Chairman Kevin Warsh's Testimony - Investors will closely monitor comments on inflation, interest rates, and the broader economic outlook.
- Strait of Hormuz & Oil Prices - Any escalation in U.S.-Iran tensions or disruptions to global oil supply could keep energy prices elevated and increase inflation risks.
“The four most dangerous words in investing are: 'This time it's different.”
Yesterday’s Market News - July 13, 2026
Gold Falls 1.52% to $4,058.52, Silver Drops 2.70%, While Brent Crude Rises 2.62% to $77.48
Read full recap →Sources
- 1. Reuters - Asian stocks fall as rising oil prices and geopolitical tensions weigh on market sentiment.
- 2. Reuters - Gold recovers from a two-week low ahead of U.S. inflation data.
- 3. Reuters - Oil reaches a one-month high as U.S.-Iran tensions increase risks around the Strait of Hormuz.
- 4. Reuters - Dollar remains steady before U.S. inflation data, while the yen stays under pressure.
- 5. Forex Factory - Economic Calendar.
Disclaimer
This report is for informational purposes only and does not constitute investment advice, financial guidance, or a solicitation to buy or sell any financial instruments. Market data and figures are subject to change without notice. Data has been taken from sources we believe to be reliable; however, please conduct your own research before making any investment decisions. Trading leveraged or complex products carries significant risk; please ensure you understand the risks before trading.
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