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Axios, citing a U.S. official, reported the U.S. military used cruise missiles on the 8th to strike two railway bridges in northern Iran as part of U.S. airstrike operations. It is the first U.S. attack on Iranian infrastructure since the U.S.-Iran c

2026-07-09

Axios, citing a U.S. official, reported the U.S. military used cruise missiles on the 8th to strike two railway bridges in northern Iran as part of U.S. airstrike operations. It is the first U.S. attack on Iranian infrastructure since the U.S.-Iran ceasefire on April 8.

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2026-07-09

Citigroup economist Jin-Wook Kim says the Bank of Korea will raise the policy rate from 2.50% to 2.75% at next week’s meeting and is likely to signal a gradual hiking path. He expects the governor to indicate 25bp hikes each quarter in H2 2026 while

Citigroup economist Jin-Wook Kim says the Bank of Korea will raise the policy rate from 2.50% to 2.75% at next week’s meeting and is likely to signal a gradual hiking path. He expects the governor to indicate 25bp hikes each quarter in H2 2026 while remaining data-dependent and offering no specific guidance for H1 2027. Citigroup forecasts further hikes in July and October this year and in January and April next year. Kim adds the Bank may flag upside risks to its 2026 growth forecast after an upward revision to Q1 growth and resilient Q2 activity.
2026-07-09

At the opening of the morning session, most domestic futures contracts rose, with fuel oil, low-sulfur fuel oil (LU), and SC crude oil rising by more than 5%, methanol by more than 3%, and benzene, asphalt, propylene, and liquefied petroleum gas (LPG

At the opening of the morning session, most domestic futures contracts rose, with fuel oil, low-sulfur fuel oil (LU), and SC crude oil rising by more than 5%, methanol by more than 3%, and benzene, asphalt, propylene, and liquefied petroleum gas (LPG) rising by nearly 3%. On the downside, container shipping to Europe fell by more than 4%, Shanghai silver fell by nearly 4%, platinum, palladium, and polysilicon fell by more than 2%, and Shanghai gold, Shanghai tin, and stainless steel (SS) fell by more than 1%.
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