Bloomberg Television·2026-08-07 07:27Geopolitical & Market Dynamics - Crude oil prices rose above $80 per barrel, with Brent crude gaining 1.1% to 1.7% and reaching nearly $84 per barrel amid Middle East tensions and disruptions in the Strait of Hormuz [6][18][50] - The U.S. 10-year Treasury note yield stood at 4.68%, climbing 7 basis points in the U.S. session open [6][51] - Asian equities traded cautiously, with the Nikkei 225 and other regional indices falling due to disappointing tech earnings, while onshore Chinese stocks gained on strong July export and import data [9][53][54] - The Japanese yen weakened past the 158 level against the U.S. dollar, erasing half of the gains from recent joint interventions [5][10][55] Macroeconomic Indicators & Central Bank Policies - Bloomberg Economics anticipated U.S. non-farm payrolls to rise by 65,000 in July, while economists polled expected hiring to accelerate to over 80,000 with a steady unemployment rate of 4.2% [25][85] - U.S. investment-grade bonds related to AI saw $25 billion sold with peak demand attracting around $115 billion [37] - Saudi Arabia projected a budget shortfall of $44 billion for the full year of 2026, having already recorded $43 billion in the first half of the year due to rising logistics and defense costs [56] Corporate & Industry Developments - Deepseek resumed its second funding round, aiming to raise $8 billion at a valuation target of 500 billion yuan, up from 350 billion yuan in June, and announced significant price hikes for its AI models [38][39][41][42] - SoftBank met first-quarter profit estimates, posting an 8.5 million dollar gain on Intel shares and disclosing a margin loan backed by its OpenAI stake, with total investments in OpenAI expected to reach $65 billion by October [35][36][37]