NVIDIA (NVDA.O) shares fall more than 3%.

Gold fell below $4,000/oz ahead of Kevin Warsh’s speech at the ECB forum in Portugal as investors priced renewed Fed tightening. Saxo Bank analysts said buying interest was insufficient to establish the level as support. They added that, despite easing energy prices, investors still expect the Fed may tighten further to counter an inf rebound; gold slid 14% in Q2, its worst quarterly decline since 2013.

Citigroup expects H2 2026 average TTF gas price of EUR36.5/MWh (USD12.4/MMBtu), JKM LNG at USD13.5/MMBtu and US Henry Hub at USD3.2/MMBtu.