July 8, 2026

Daily Morning Analysis Report – Wenesday – 08/07/2026

Daily Market Report

➢ Gold slipped to around $4,100 in early Asian trading.
➢ Fresh US–Iran tensions increased market uncertainty.
➢ The US launched strikes after attacks on oil tankers near the Strait of Hormuz.
➢ Rising geopolitical risks boosted concerns over energy inflation.
➢ Higher oil prices may keep inflation elevated.

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