Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
The NASDAQ Composite has officially entered correction territory, posting its sharpest valuation decline since the dotcom era as markets react to escalating U.S.-Iran military tensions. While the selloff has rattled investor confidence, analysts at Capital Economics argue the downturn reflects a temporary repricing rather than the beginning of a systemic breakdown.
One of the most closely watched indicators is the S&P 500 IT sector's forward price-to-earnings ratio, which has nearly aligned with broader market averages. Some analysts draw parallels to the final stages of the 2000 tech bubble, but today's environment tells a different story. Unlike the speculative, cash-poor firms that dominated that era, today's technology giants carry strong balance sheets, generate consistent free cash flow, and sit at the center of global digital infrastructure. Capital Economics notes that the narrowing valuation gap reflects the unwinding of early enthusiasm rather than a warning sign of an earnings recession ahead.
Geopolitical uncertainty has accelerated a rotation into safe-haven and defensive assets, yet the tech sector's capacity to sustain margins amid inflationary pressure gives it a distinct advantage over previous cycles. Institutional investors increasingly view the pullback as a healthy reset — one that may lay the groundwork for a recovery in the second half of the year, assuming macro conditions stabilize.
All eyes are now turning to the April earnings season, which will be the clearest test of how well technology companies have insulated themselves from geopolitical and macroeconomic headwinds. Should the conflict stay contained and energy prices remain manageable, AI-driven revenue growth and productivity gains are expected to reassert dominance. Many long-term investors are already treating current price levels as a strategic entry point into high-conviction growth positions, betting that the sector's structural advantages remain firmly intact.
