Market news
Crypto, stocks, forex and macro, aggregated for traders.
Tech CapEx-to-Sales Ratio Hits Record 11.5% on AI Boom
Developed market tech firms have reached a record CapEx-to-Sales ratio of 11.5%, driven by the AI buildout, with utilities also seeing a surge to 23%.
French Central Bank Sees Q2 Growth Stagnation, Cuts 2026 Forecast
The Bank of France warns economic growth will stall in Q2 after a Q1 contraction, and slashes its 2026 GDP forecast while raising inflation projections, pointing to a stagflation-like scenario.
Canada and US Trade Officials 'Make Progress' at G7 Summit
Canadian Trade Minister Leblanc reported a long and constructive meeting with U.S. Trade Representative Greer at the G7 summit, with both sides agreeing to stay in touch next week and signaling continued progress in trade talks.
Gold's $300 Recovery Leaves Markets Awaiting Fed Clues
Gold has rebounded roughly $300 from its early-June low of $4,023, with the metal's next major move hinging on upcoming Fed policy signals. Traders are divided on whether the rally can push toward $4,500 or if a retest of $4,000 is more likely.
WTI Plunges as US Lifts Iran Sanctions on Oil Sales: WSJ
The Wall Street Journal reports that the US has agreed to lift sanctions on Iran's oil sales as part of a deal, allowing immediate crude exports and removing banking and transport barriers. WTI crude prices fell sharply on the news.
US to Allow Iran Oil Sales Under War-End Deal, WSJ Reports
The US will permit Iran to immediately begin selling oil and fuel as part of a deal to end the war, according to the Wall Street Journal. Oil prices fell sharply on the news.
Iranian Oil Tanker Crosses US Blockade for First Time Since April
An Iranian supertanker carrying crude oil has crossed the US naval blockade and exited the Gulf of Oman, marking the first such transit since the blockade began in April, according to a report by NGO United Against Nuclear Iran cited by the Wall Street Journal.
Sanctions Waivers on Oil Sales to Take Effect Immediately Upon Agreement Signing
According to WSJ, a provision for waivers of sanctions on oil sales will take effect immediately upon the signing of an agreement this week. The waivers also cover necessary services such as banking, transportation, and insurance to facilitate the sales.
US to Allow Iran to Sell Oil Immediately as Part of War-End Deal
The US will permit Iran to begin selling oil and fuel immediately under a deal to end the war, offering an early financial incentive for Tehran, according to people familiar with the agreement.
Iran Urges Israel to Withdraw from Lebanese Territories
Iran's top negotiator Mohammad Qalibaf told Lebanon's Parliament Speaker that Israel must withdraw from occupied areas in Lebanon and allow displaced residents to return home.
Gold Surges as US-Iran Tensions Ease on Reported Deal
Gold rallied at its fastest pace in two months after reports surfaced that Donald Trump canceled strikes against Iran and that a deal was reached between Washington and Tehran.
Serbia Grants 15-Day Extension for MOL, Gazprom Talks on NIS Stake
Serbia's President Aleksandar Vucic stated that Hungary's MOL and Russia's Gazprom Neft and Gazprom should receive a 15-day extension for negotiations to acquire a 51.56% stake in NIS, a Serbia-based oil company under U.S. sanctions.
Public Confidence in CEOs Continues to Decline
Recent trust surveys show weakening public confidence in CEOs, with many believing business leaders are disconnected from workers and too focused on shareholders.
US Tells NATO It Will Cut Crisis-Response Assets, Asks Allies to Fill Gaps
The Trump administration has informed NATO allies that the U.S. will reduce military assets assigned to the NATO Force Model, pressing European allies and Canada to contribute more aircraft, drones, surveillance platforms, tankers, and naval vessels.
UK to Restrict Social Media Access for Under-16s by Spring 2027
The UK government plans to introduce restrictions on social media use for citizens under 16, following the Australian model. The regulations are expected by the end of December, with first measures in spring 2027.
U.S. Stocks Open Mixed: Dow Up, S&P 500 and Nasdaq Down
The Dow Jones Industrial Average rose 0.43% at the open, while the S&P 500 edged down 0.03% and the Nasdaq slipped 0.13%.
Top 10 US Stocks Reach $25.3 Trillion Market Cap, Exceeding China's GDP
The combined market capitalization of the top 10 US stocks has hit $25.3 trillion, surpassing China's GDP of $19.4 trillion and making them the second-largest stock market in the world if considered separately.
Trump Signals Progress on Iran Deal, Eyes Full Reopening of Hormuz
President Trump outlined next steps in the Iran agreement, stating the deal's text will be released soon and that the Strait of Hormuz should be fully reopened.
US ADP 4-Week Average Employment Change Drops to 25.5K
Private-sector hiring in the US slowed in late May, with the four-week average ADP employment change falling to 25.5K jobs per week, according to the NER Pulse report.
45% of Central Banks Plan to Buy More Gold in Short Term – WGC
A World Gold Council survey shows 45% of central banks expect to increase gold purchases in the near term, with demand remaining strong despite a 120% price rise over the past two years.
WTI Oil Falls Below $78 to Three-Month Low on Hormuz Reopening Hopes
WTI crude oil hit a three-month low below $78 per barrel as expectations of a US-Iran deal and a possible reopening of the Strait of Hormuz pressure prices.
Qatar to Join Geneva Talks, No Funds Released for Reconstruction
Qatar's foreign ministry spokesperson announced participation in Geneva talks and stated that no Qatari funds have been paid under the $300 billion reconstruction framework.
Trump: US wants Iran's enriched uranium
US President Donald Trump stated on Tuesday that the US aims to obtain Iran's enriched uranium.
European Stocks Rise, Oil Drops on US-Iran Deal to Reopen Hormuz
European stock markets extended gains Tuesday after a Monday relief rally on news that the US and Iran will sign a deal to end the war and reopen the Strait of Hormuz. Oil prices fell on the prospect of increased supply.