Market news
Crypto, stocks, forex and macro, aggregated for traders.
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.
Germany ZEW Economic Sentiment Turns Positive to 10.5 in June
Germany's ZEW Economic Sentiment index rebounded to 10.5 in June, moving into positive territory after a negative reading in May, sharply beating the expected -6.0.
RBA Holds Rate at 4.35%, Sees Sticky Inflation
The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, noting inflation remains sticky but broadly in line with its base case, allowing a restrictive stance.
Iran Says U.S. Talks Progress in Two Phases: War, Assets Then Nuclear
Iranian Foreign Minister Araghchi announced a two-step roadmap for Iran-US negotiations: the first phase ended the war, secured the Strait of Hormuz, and unlocked frozen assets, while the second phase will address the nuclear issue and sanctions relief.
Air Force Strikes Dozens of Iranian Targets 1,500 km from Home Base
An air force launched an offensive 1,500 kilometers from its home base, striking dozens of targets in Iran within hours. The strikes significantly damaged Iran's air defense system and hit additional regime components.
Israeli Airstrikes Hit Dozens of Targets in Iran, Damage Air Defense
Israeli aircraft struck dozens of sites in Iran in response to Iranian missile fire, causing significant damage to Tehran's air defense system and other government-linked infrastructure.
Israel Air Force Prepared to Strike Iran but Halted Operation, Report Says
The Times of Israel reports that Israel's air force was preparing to strike hundreds of targets in Iran during recent fighting, but the operation was halted just an hour before launch, according to Air Force Chief Major General Omer Tischler.
WTI Slumps to Three-Month Low Near $79 on US-Iran Deal Optimism
West Texas Intermediate crude oil fell to a three-month low around $79.20 during early European trading Tuesday, pressured by optimism over a potential US-Iran framework deal.
BNY Strategists Expect Slightly Hawkish FOMC Statement Under New Chair Warsh
BNY strategists John Velis and David Tam preview the upcoming FOMC meeting, expecting a slight hawkish shift in the statement and dot plot under new Chair Kevin Warsh.
Japan FM says government focused on appropriate economic, fiscal policies
Japan Finance Minister Satsuki Katayama stated that the government's responsibility lies in appropriately conducting economic and fiscal policies.
US Maintains Edge Over China in Quantum Race, But Lead Shrinking: Report
The US still holds a slight advantage over China in the quantum computing race, but the gap is narrowing and could disappear within a few years, according to a report by the Special Competitive Studies Project.
Silver Balances Industrial Demand and Fed Expectations Ahead of FOMC
Silver enters a key macro week as attention shifts from Asia-Pacific central banks to Wednesday's Federal Reserve decision, with industrial demand and rate expectations vying for influence.
Silver edges lower below $70 as bearish bias persists
Silver (XAG/USD) trades near $69.85 in early European hours on Tuesday, pulling back from a weekly high as profit-taking ahead of the Fed decision weighs on prices.
Oil Price Drop Expected to Ease CEE Inflation
The decline in oil prices, driven by prospects of a US-Iran peace deal and reopening of the Strait of Hormuz, is expected to contribute to easing inflation in Central and Eastern Europe through year-end.
Global Markets Rally on U.S.-Iran Deal; Warsh FOMC in Focus
Markets rallied on news of a preliminary U.S.-Iran agreement to reopen the Strait of Hormuz, ending a four-month conflict. Attention now turns to Kevin Warsh's first FOMC press conference.
Shipowners Cautious on Strait of Hormuz Resumption Despite US-Iran Deal
Shipping operators plan to wait weeks before returning to the Strait of Hormuz, citing the need for tangible evidence of improved regional security, despite a reported US-Iran agreement to reopen the waterway.
RBA Holds Rate Steady at 4.35% in June as Expected
The Reserve Bank of Australia kept its official cash rate unchanged at 4.35% at its June meeting, matching market expectations.
Rabobank: Strait of Hormuz risks persist despite US-Iran progress
Rabobank warns that reported progress in US-Iran talks has not eliminated supply risks around the Strait of Hormuz, as only a brief memorandum was agreed and major details remain unresolved.
India Regulators Challenge Starlink Over Laser-Linked Data Routing
Indian authorities are scrutinizing Starlink's use of inter-satellite laser links, which could route user data through gateways outside the country. They want all India-generated data to pass only through domestic gateways to comply with security and lawful interception rules.
Bank of Japan raises rate by 25 bps to 1%
The Bank of Japan raised its short-term interest rate by 25 basis points to 1%, as widely expected, following its two-day monetary policy review.
Gold Holds Below $4,400 as Fed Focus Keeps Sellers in Control
Gold is defending minor bids above $4,300 in Asia on Tuesday, holding a pullback from six-day highs of $4,369. Sellers retain control below $4,400 as attention shifts to the Federal Reserve.
WTI Edges Higher Near $80.00 as US-Iran Talks in Focus
WTI crude oil recovers slightly after yesterday's 3.7% drop, trading around $80.10 during Asian hours as market participants await developments from US-Iran peace negotiations.
Trump Says Iran Agreed to Never Have Nuclear Weapon
US President Donald Trump stated that Iran has agreed to never possess a nuclear weapon, as reported by The Guardian.
Japan's Economy Minister Kiuchi to Attend BoJ Meeting, Hopes for 2% Inflation Target
Japan's Economy Minister Minoru Kiuchi confirmed he will participate in today's Bank of Japan meeting and expressed hope for stable collaboration to achieve the 2% inflation target.