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Chart: US market data for Monday, July 20, 2026July 20 (Xinhua) -- Bulgarian Prime Minister Radev said on the 20th that the Bulgarian government has received a request from the United States to deploy up to eight refueling aircraft at the Bezmer Air Base in Bulgaria and will submit it to parliament for approval. Radev stated that the government received the request from the US on the 17th, which aims to support its military operations in the Middle East. The US cited a 2006 intergovernmental defense cooperation agreement between the two countries. This agreement allows the US military to use bases within Bulgaria, including the Bezmer Air Base. Radev said that although the US urgently submitted the deployment request, the Bulgarian government has not yet approved it because, according to Bulgarian law, such a decision must be made by parliament. The government will propose to parliament that the refueling aircraft be deployed at the Bezmer Air Base.July 20 – KPMG Canada Chief Economist Ali Jaffery stated that Canadas June inflation report showed limited evidence of rising energy costs being passed on to goods such as food. The June report indicated that the inflation rate slowed to 2.8% in June from 3.2% in the previous month. Jaffery said that economic literature suggests this transmission could take a year or more to peak, but the slow start is encouraging. He stated that concerns about accelerating commodity price increases due to the combined effect of rising energy prices and US tariffs have not been substantiated. He added that the CPI basket showed "considerable weakness" after excluding travel services; travel service prices rose in June due to the World Cup matches held in Toronto and Vancouver.The U.S. Geological Survey reports a 6.4-magnitude earthquake that struck approximately 86 kilometers southwest of San Augustine (Chiapas), Mexico.Jupiter Asset Management: Weak UK economic growth may eventually allow the Bank of England to cut interest rates.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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