Market news
Crypto, stocks, forex and macro, aggregated for traders.
DBS Forecasts Vietnam Q2 2026 GDP Growth at 7.8%, Matching Q1 Pace
DBS Group Research projects Vietnam's real GDP growth at 7.8% year-on-year for Q2 2026, consistent with Q1, citing strong electronics manufacturing, AI-driven tech demand, FDI, and resilient retail.
Canadian Dollar Trims Gains as US-Iran Tensions, Hawkish Fed Support USD
The Canadian Dollar pares intraday gains as US-Iran uncertainty and expectations of a hawkish Federal Reserve help the US Dollar recover from earlier losses.
US Rig Count Rises to 573 as Oil and Gas Drilling Picks Up
The Baker Hughes rig count for the week ending June 26 rose to 573, up from 563 the previous week, with oil rigs increasing by 7 and gas rigs by 3.
2x Leveraged Memory ETF RAM Posts Record $380M First-Day Volume
The 2x leveraged long memory ETF RAM recorded ~$380 million in notional volume on its debut, the largest first-day volume for any US-listed leveraged or inverse ETF. The fund tracks DRAM and delivers 200% of its daily performance.
Philippines Faces Stagflation Risks as Inflation Surges, Growth Slows – HSBC
HSBC strategists warn that the Philippines is flirting with stagflation as GDP growth decelerates while inflation reaches the highest in ASEAN, driven by weak public spending and cautious household demand.
US Dollar Index Reaches 102.00 Barrier on Fed Rethink
The US Dollar climbed to near 102.00, levels not seen since early May 2025, as markets reassess Federal Reserve policy expectations.
Thai Baht Steadies After Below-Consensus Export Data – Commerzbank
Commerzbank notes Thailand's May exports rose 10.6% year-on-year, missing consensus and sharply slowing from April's 23.1% growth, though capital inflows are supporting the baht. The government projects 8% export expansion for 2026 on front-loading.
Analysts Warn of Weak Bitcoin Buying Demand
Analysts have warned that Bitcoin's buying demand is weak, potentially signaling a lack of upward momentum.
Iran Revolutionary Guards Deny Direct U.S. Communication Line in Strait of Hormuz
The spokesperson for Iran's Revolutionary Guards has dismissed reports of a direct communication line with the United States in the Strait of Hormuz, calling them 'total lies' and asserting that the area remains Iranian territory with no U.S. connection.
Chris Perkins Maintains $150K Bitcoin Target Despite Weak Sentiment
Chris Perkins reaffirms his $150K Bitcoin forecast for 2026, arguing that fundamentals and institutional adoption remain strong despite current market sentiment.
Stocks Rally Off Lows as Oil Prices Slump, Says Analyst
Stocks rebounded from session lows while oil prices extended declines, according to Chris Beauchamp, Chief Market Analyst at an online trading platform.
USD/JPY Eases from New High as Intervention Risk Lingers
USD/JPY pulled back slightly on Friday but remains near its recent peak at 161.95, with traders wary of possible Japanese intervention.
MUFG: BNM FX Support Tempers Ringgit Downside, Caps Upside
Analysts at MUFG note that the Malaysian Ringgit rose 0.4% vs the USD after Bank Negara Malaysia reintroduced a 2024-style FX support measure aimed at encouraging repatriation and conversion of offshore funds. The policy is seen as limiting further downside but also capping upside potential.
Dow Jones Industrial Average Rallies 1%, Nears 52,000
The Dow Jones Industrial Average posted a weekly gain of over 1%, closing just below 52,000, with the record high near 52,300 still in sight.
Trump Threatens 100% Tariff Over Digital Services Tax
President Trump announced plans to impose a 100% tariff on all goods from any country that levies a digital services tax on American companies, escalating trade tensions.
Kashkari: One Rate Hike Penciled in for 2026
Minneapolis Fed President Neel Kashkari revealed at the Aspen Ideas Festival 2026 that he expects one interest rate increase in 2026, citing persistent service-sector inflation while acknowledging some labor market improvement.
Trump Threatens 100% Tariff on European Countries Over Digital Services Tax
President Donald Trump warned European nations considering a Digital Services Tax on US companies that any such move would be met with a 100% tariff on all goods exported to the United States, overriding existing trade deals.
Trump: Iran Launched Drones at Ships in Strait of Hormuz, Violating Ceasefire
President Trump said Iran launched four one-way attack drones at vessels in the Strait of Hormuz, with one hitting a cargo ship and U.S. forces intercepting the other three, calling it a ceasefire violation.
WTI Oil Falls 3.25% on Middle East Export Recovery
West Texas Intermediate crude dropped more than 3% on Friday, touching a low not seen since late February, as easing Middle East supply risks weighed on prices.
Trump Says Iran Broke Ceasefire with Hormuz Drone Strike
President Trump claimed on Truth Social that Iran violated a ceasefire by launching a drone strike on a cargo ship in the Strait of Hormuz.
Trump Accuses Iran of Violating Ceasefire After Drone Attack on Ships
President Trump condemned Iran for launching at least four one-way attack drones at ships in the Strait of Hormuz, calling it a 'foolish violation' of the US-Iran ceasefire agreement.
AUD/USD Recovers Near 0.6900 on US Dollar Profit-Taking
The Australian Dollar is recovering ground against the US Dollar on Friday, with AUD/USD trading near the 0.6900 level as profit-taking hits the Greenback after a two-week rally.
Standard Chartered: China Fiscal Spending to Rebound
Standard Chartered economists predict China's fiscal spending will rebound after underperforming in early 2026, which had weighed on growth despite a stronger-than-expected first quarter.
Iran Attacks Ships in Strait of Hormuz, Trump Says
President Trump stated on Truth Social that Iran launched at least four one-way attack drones at ships transiting the Strait of Hormuz, hitting a cargo vessel. He called the action a violation of the ceasefire agreement.