Analyst David Uberti said the recent cooling in inf was partly driven by a small drop in gasoline prices, but the situation is likely to change in August. U.S. Labor Department data show July gasoline down 2.9% MoM and fuel oil down 1.7% MoM.

Spot gold rebounded to $4,418/oz after slipping to $4,382/oz following a data release.

Microsoft is reported to have raised Windows 11 licensing fees by roughly 7–10%, a larger increase than in prior years, with higher fees for devices using higher-end CPUs. The move adds to cost pressure on the consumer electronics sector already affected by semiconductor shortages. PC makers Asus and Acer plan about 5% retail price increases later this year; Asus’s average product price is up roughly 30% since 2025 Q4.