- The MSCI All-World index rose 14% in the second quarter of 2026, marking its strongest quarterly performance in six years, while major U.S. indexes including the Nasdaq Composite gained more than 21%.
- Oil prices experienced a sharp contraction, with Brent falling nearly 40% and WTI down 30% for the quarter as the Strait of Hormuz reopened amid a fragile ceasefire between the U.S. and Iran.
- Gold prices wavered near $4,000 per ounce as traders monitored shifting inflation outlooks and upcoming negotiations between Washington and Tehran scheduled for Doha.
- The U.S. dollar strengthened for the fourth consecutive quarter against a basket of peers, though emerging market currencies managed to gain over 1% against the greenback during the period.
Quotes
“Results from drilling at Nyam continue to demonstrate the potential for high-grade gold and continuity of gold mineralization to depth.”