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AI CapEx Booms, BofA Bull/Bear Indicator Hits 9.5, Upcoming Data

AI CapEx surges toward 3% of GDP, gold reserves rise, BofA flashes sell signal, US labour weakens ahead of key data.
6 July 2026

USD Continues to Weaken, Gold Stands Out, Gilts Modestly Softer

Weak US jobs cooled Fed hike bets, USD slipped, gold rallied, while JPY stayed in focus amid intervention warnings.
3 July 2026

Latest reports

Bear With Me

Crude eyes a reset while summer gasoline tightness keeps the light ends supported...
29 page report
6 July 2026

Blenders Gotta Blend

Naphtha cracks firm, but trade houses sell E/W heavily; bearish engulfing points to downside in the East/West spread.
17 page report
6 July 2026

Asian & European Margins Rally, US Gains Hold Steady

Refinery Margins Report for the week ending 03 July
11 page report
6 July 2026

June Review

This week, we look at trades in Crude and NGL swaps.
9 page report
6 July 2026