2 Following Tables -
For trading week ended 17 July 2026 only (Highest & lowest in colour)
1. CPI surprise: inflation dropped sharper than expected. US June CPI came in at 3.5% y-o-y (consensus was 3.8%), from 4.2% in May. Core inflation softens to 2.6%.
2. Escalating middle east tensions - renewed operations & strikes on both sides (US and Iran).
3. Chinese AI model developments - China's "moonshot" and other open-weight AI models intensify competition, part leading to global tech sell-off over concerns of tightening US competitive advantages.
Bonus: Market sectors rebound - seeming "rotation" of funds into other sectors e.g. regional banks, consumer-facing equities, following the mega-cap tech sell-off.
