CEO of Spanish energy company Repsol: We are prepared for the worst-case scenario in the Strait of Hormuz, with sufficient kerosene production capacity to meet Spain’s needs and up to 30% of our output available for other countries.

Spot silver rose by 1.01% intraday to $65.33 per ounce; the main COMEX silver futures contract last traded at $65.48 per ounce, up 0.57% on the day.

Spot gold just broke through the $4,390.00 per ounce mark, now quoted at $4,390.15 per ounce, up 0.33% on the day; COMEX gold futures main contract is now quoted at $4,445.80 per ounce, up 0.19% on the day.

U.S. storage concept stocks SanDisk continued to rise nearly 3% in after-hours trading, after closing up more than 7% last Friday; Micron Technology and SK Hynix both rose more than 1%. U.S. optical communication stock AAOI continued to rise over 2% after-hours, surging more than 15% last Friday.

Japan's Q2 GDP growth falls short of expectations, complicating the rate hike process and potentially putting pressure on the yen