Gold fell another 1.2% to ~$4,400/oz after Friday’s 3%+ drop, as Warsh’s hawkish stance pushed odds of a September Fed hike above 50%.
Oil jumped nearly 3% after renewed US-Iran strikes, with Brent at ~$90.6 and WTI at ~$85.5 as Hormuz supply risks intensified.
John Ternus takes over as Apple CEO on Sept. 1, with AI as his top priority and a foldable iPhone, smart displays, glasses and AI AirPods in the pipeline.
Shein raised $1.7B in its Hong Kong IPO at a $26B valuation, down sharply from its former $100B valuation#MarketNews
CALENDAR FOR TODAY - 01.09.2026
Bank Holiday - All day
