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Data show two Japan-owned supertankers carrying Saudi crude are transiting toward the Strait of Hormuz to exit the Gulf region.
2026-07-07
Data show two Japan-owned supertankers carrying Saudi crude are transiting toward the Strait of Hormuz to exit the Gulf region.
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2026-07-07
UBS recommends buying the SK Hynix ADRs planned for a US listing and shorting the company’s Korean-listed shares, arguing the new ADR could trade at a premium. UBS says ADRs are more efficient and cheaper for hedge funds and some global portfolio man
UBS recommends buying the SK Hynix ADRs planned for a US listing and shorting the company’s Korean-listed shares, arguing the new ADR could trade at a premium. UBS says ADRs are more efficient and cheaper for hedge funds and some global portfolio managers who do not hold the Korean stock may instead buy the ADR. The bank views a day-one long-ADR/short-local-stock trade as an obvious, scalable strategy with limited risk and a low probability of an ADR discount.
2026-07-07
New York gold futures slipped below $4,150/oz, down 0.42% on the day.
New York gold futures slipped below $4,150/oz, down 0.42% on the day.
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