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Kpler's 10-day moving average shows an average of 10 cargo vessels transited the Strait of Hormuz per day, the lowest level since May.

2026-09-07

Kpler's 10-day moving average shows an average of 10 cargo vessels transited the Strait of Hormuz per day, the lowest level since May.

Other News
2026-09-07

ABC News: U.S. Energy Secretary Wright said on Sunday a nuclear deal with Iran may not be achievable in the near term and the U.S. may need to take military action to address threats from Tehran. Wright said, There may not be a nuclear deal, and it m

ABC News: U.S. Energy Secretary Wright said on Sunday a nuclear deal with Iran may not be achievable in the near term and the U.S. may need to take military action to address threats from Tehran. Wright said, There may not be a nuclear deal, and it may come down to destroying their ability to carry out a nuclear program. He added a deal might have to wait until Iran’s next government takes office and that the timing is uncertain.
2026-09-07

Nomura reports Lululemon (LULU.O) posted FY2026 Q2 constant-currency revenue down 5% YoY to $2.42bn, missing the $2.46bn consensus. Operating income fell 13% YoY to $454m; operating margin dropped 1.9ppt to 18.8%. Management cut FY2026 revenue guidan

Nomura reports Lululemon (LULU.O) posted FY2026 Q2 constant-currency revenue down 5% YoY to $2.42bn, missing the $2.46bn consensus. Operating income fell 13% YoY to $454m; operating margin dropped 1.9ppt to 18.8%. Management cut FY2026 revenue guidance to a 5–7% decline YoY, implying ~$10.35–10.5bn vs. market expected $10.98bn. Management flagged a slowdown in mainland China, saying negative social-media commentary on its China promotions and absence from post-618 discounting hurt e-commerce performance; it expects intense competition in North America and China, will prioritize full-price growth in China and will participate normally in Double 11, and still views mainland China as an expansion opportunity. Within its China sportswear coverage, Nomura prefers Anta (02020.HK), citing structural upside from outdoor and emerging sports and a multi-brand strategy that should help navigate industry competition.
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