U.S. cotton futures fell across the board on Tuesday, with the benchmark Oct 26 contract settling at 79.6 cents per pound, down 23 points. Dec 26 and Mar 27 finished down 64 points and 70 points, respectively. Crop Progress data showed 60% of the U.S. cotton crop had squared and 22% was setting bolls, while the good-to-excellent rating slipped to 44%. ICE certified stocks fell to 121,258 bales as the Cotlook A Index held at 90.70 cents.

U.S. wheat futures advanced across CBOT, KCBT and MIAX on Tuesday, with front-month contracts up 4 1/4 to 11 3/4 cents. U.S. winter wheat harvest reached 67% by Sunday, running 6% ahead of normal, while spring wheat conditions showed mixed regional shifts led by a sharp drop in Montana. EU wheat exports in the first 12 days of July totaled 214,904 MT, down from 260,897 MT a year earlier, according to EU Commission data. Russia’s exports through the Kerch Strait remained limited following last week’s report of restrictions, adding to worries about potential disruptions to global supply.

The US reinstated a naval blockade on Iran and carried out airstrikes for a fourth consecutive night, raising concerns over shipping security through the Strait of Hormuz. Brent crude futures jumped more than 10% on the day and climbed as high as $US85.72 a barrel intraday. The move was treated as a tangible supply shock rather than routine geopolitical noise, triggering an immediate repricing across energy markets.

AKG Exim Ltd. promoter Kalapi Vinit Nagada pledged 38 lakh shares, or 11.96% of the company’s total equity, to ESAAR (India) on July 9, 2026. Before the pledge, he held 13.09% with no encumbrance; after the pledge, 1.13% of total equity remains unencumbered. The company reported a decline in operational income and net profit for FY2026.

Global equities advanced after U.S. inflation unexpectedly cooled to 3.5%, while major bank earnings came in above expectations, lifting financial shares. IBM moved the other way, with the report highlighting the stock’s weak performance. Oil prices briefly rose on U.S.-Iran tensions around the Strait of Hormuz before retreating, while the dollar softened and U.S. Treasury yields swung.

On July 8, the EU General Court rejected several Apple challenges to the Digital Markets Act and upheld the company’s obligations as a designated “gatekeeper,” including interoperability requirements. The ruling confirms that Apple must comply with measures such as opening App Store distribution to third parties and enabling interoperability for services including iMessage. The decision leaves the European Commission’s DMA designation in place but does not address fines or lay out immediate implementation details. It sets a compliance pathway that could reshape Apple’s EU operating model without triggering near-term financial changes or trading-mechanism adjustments.

Schmid Group raised its full-year 2026 order-intake guidance to €125 million–€130 million from about €114 million, citing stronger order momentum. The company reported €30.7 million in new orders in Q2 2026, bringing year-to-date order intake to €81.6 million, with a quarter-end backlog of €54.8 million. Schmid kept its FY2026 revenue target of more than €100 million and EBITDA margin guidance above 12%. Shares rose 7.59% in after-hours trading to $4.86, according to Benzinga Pro.

Yasho Industries’ FY2025-26 annual report shows profit after tax of ₹2,526 lakhs, up 312.74% year on year, while revenue increased 22.85%. EBITDA rose 20.98%, and net profit margin improved to 3.04% from 0.90%. The company also secured a 15-year lubricant additives supply agreement with a global multinational, with customer advances of ₹51.40 Crore. It expects the contract to contribute annual revenue of around ₹150 Crore from FY2027-28 onward.