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βοΈ US forces struck Iran overnight for the ninth consecutive night, ramping up the campcampaign following the deaths of American service members β strikes continue hitting Tehran's military infrastructure and assets tied to the Strait of Hormuz. Oil has climbed past $90/barrel on the news.
π€ Chip giant TSMC is pouring $265B total into its US operations, citing relentless AI chip demand as the driver β the company admits it's still playing catch-up and can't fully satisfy customer orders even with the expansion.
π SpaceX's next Starship test is set for July 23 β expect a bumpy ride for the stock/market reaction given roughly a third of the free float is reportedly sold short right now.
#MarketNews
π TODAY'S CALENDAR - 20.07.2026 (US)
πΊπΈ CB Leading Index m/m (Jun) β 2:00 PM ET
πΊπΈ 3-Month Bill Auction β 3:30 PM ET
πΊπΈ 6-Month Bill Auction β 3:30 PM ET
Pretty sparse on hard data releases today β the tape is really being driven by the Iran headlines and oil, not the calendar. Let me know if you'd like this as a standing daily format.
NEWS
20 Jul 2026
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Data sources: exchangerate.host (FX) and Stooq CSV (indices).