Market analysis

Super Micro Computer said fourth-quarter revenue was tracking near the low end of guidance, while gross margins were above prior guidance and new orders exceeded $60bn. Explore third-party SMCI price targets and technical analysis. Past performance is not a reliable indicator of future results.

Micron Technology is a US semiconductor company specialising in memory and storage products.Explore third-party MU price targets and technical analysis. Past performance is not a reliable indicator of future results.

Explore Forbes’ 2026 football club valuations, 2024/25 revenue figures and the commercial factors behind the world’s 10 most valuable clubs.

GSK reported second-quarter 2026 revenue and core operating profit above analyst-compiled consensus, alongside a £1.9bn cost-savings programme and a £400m Cambridge R&D investment. Explore third-party price targets and technicals. Past performance is not a reliable indicator of future results.

Markets end the week with caution as geopolitical tensions dominate the narrative ahead of the start of earnings season.

Oil jumps higher as Trump announces the ceasefire deal with Iran is over, reintroducing the Hormuz risk-premium into markets.

European indices take advantage of lower energy prices as the ECB stays ahead of the curve on inflation.

Markets focus on the latest economic data as central banks reiterate they are data-dependant at the ECB forum in Sintra.

Gold rebounds as falling yields and softer dollar allow the precious metal to regain some upside momentum.

Gold traded under pressure ahead of the Federal Reserve’s 29 July decision, as firm real yields, a resilient US dollar and easing haven demand weighed on prices. Explore third-party Gold price targets and technical analysis. Past performance is not a reliable indicator of future results.

US Crude and Brent Crude fell after US–Iran talks eased supply concerns and OPEC+ agreed to raise output quotas by 188,000 barrels per day from August. Explore third-party crude oiL price targets and technical analysis. Past performance is not a reliable indicator of future results.

Markets end the week with a risk off tone as higher oil and disappointing earnings weigh on sentiment ahead of the FOMC meeting next week.

USD/EGP traded near 50.73 after the CBE held interest rates at 19% and 20%, while June inflation data and Egypt’s latest IMF review remained in focus. Explore third-party USD/EGP forecasts and technical analysis. Past performance is not a reliable indicator of future results.

The bank of England is expected to keep rates unchanged in July as inflation and growth remain in focus.

EUR/USD traded near 1.1400 in mid-July 2026, as a firmer US dollar, Strait of Hormuz tensions and French political risk influenced the pair. Explore third-party EUR/USD forecasts and technical analysis. Past performance is not a reliable indicator of future results.

The ECB is expected to keep rates on hold but forward guidance could be the key as geopolitical risks rise again.

Trump coin is a politically linked meme token whose recent price action has followed disclosures of $635m in royalties connected to TRUMP and scrutiny of its supply schedule. Explore third-party TRUMP price targets and technical analysis.

Ethereum is trading near $1,952.48 as US spot ETF inflows reached $105m in the week of 13–17 July, their highest weekly total since April. Explore third-party ETH price targets and technical analysis. Past performance is not a reliable indicator of future results.

XRP traded near $1.10 in late July 2026 as inflows into US spot XRP ETFs moderated as markets await the Federal Reserve’s 28–29 July policy meeting. Explore third-party XRP price targets and technical analysis. Past performance is not a reliable indicator of future results.

Ethereum is the native token of the Ethereum blockchain, with July price action shaped by spot ETF inflows and Federal Reserve policy signals. Explore third-party ETH price targets and technical analysis. Past performance is not a reliable indicator of future results.