Fitch Ratings: The forecast for Brent crude oil prices in 2026 remains unchanged at $87 per barrel, but current risks have turned to the downside. It is expected that the oil market will return to a supply surplus starting in September. Brent crude oil prices are projected to fall to $70 per barrel in the fourth quarter of 2026.

The rapid growth of the energy storage industry has driven up demand for battery metals, pushing lithium prices higher and allowing lithium producers to achieve substantial profits. China's major lithium producers, Tianqi Lithium and Ganfeng Lithium, both recorded their highest net profits in three years during the first half of the year. US-based Albemarle stated that, as of May, global lithium demand had increased by 45% year-on-year, outpacing supply growth. Australia's PLS Group also perfor

Why was the market startled after Waller's speech?

Xu Guojin, Vice President of Advanced Packaging Technology Development at TSMC, stated today that the underlying architecture of optical transceivers is undergoing a structural transformation, with silicon photonics becoming the mainstream type. It is expected that by 2027, market share could exceed 50%. The ultimate form of silicon photonics is Co-Packaged Optics (CPO), and some manufacturers are expected to begin mass production in the second half of this year.

Spot gold has just broken through the $4,420.00/ounce level, currently quoted at $4,419.96/ounce, down 0.77% on the day; the main COMEX gold futures contract is currently quoted at $4,470.00/ounce, down 1.32% on the day.