Market news
Crypto, stocks, forex and macro, aggregated for traders.
Israel Accuses Hezbollah of Violating Ceasefire with Attacks
Israel's Foreign Ministry reports that Hezbollah continues to violate the ceasefire agreement by launching rocket and drone attacks from Lebanon into Israeli territory.
IEA: Oil Stock Draws to Persist if Hormuz Stays Blocked
The International Energy Agency warns that if the Strait of Hormuz remains closed, global oil inventories will keep falling through the end of summer. While American supply has outperformed, it can only partly offset Middle East losses, and high prices are starting to dent fuel demand.
US Startup Atana Elements to Explore for Lithium Under VW, BMW Battery Plants
American startup Atana Elements has secured exploration licenses for 1.5 million acres in Germany and Poland, with plans to mine lithium directly beneath battery plants owned by Volkswagen and BMW.
Lab-Grown Diamonds Benefit from China's AI Chip Boom, Bloomberg Reports
Surging demand for lab-grown diamonds in China is tied to their use as a key component in advanced semiconductor manufacturing, with the AI boom acting as a catalyst, according to Bloomberg.
US Senate to Resume CLARITY Act Talks on June 3
The U.S. Senate will restart negotiations on the CLARITY Act on June 3, aiming to pass a comprehensive crypto regulatory package by August 2026.
US Data Center Construction Spending Exceeds $50B Annually
Annual spending on data center construction in the US has surpassed $50 billion, a figure now comparable to federal expenditures on transportation infrastructure, according to Bloomberg.
Nvidia increasingly seen as critical US digital economy infrastructure – analysts
Analysts cited by Bloomberg say Nvidia is now perceived not just as a growth stock or chipmaker, but as a vital infrastructure pillar of the U.S. digital economy.
Russia to Boost Gold Output to 480-500 Tons in 2026
Russia's Natural Resources Minister Alexander Kozlov said gold production will rise to 480-500 tons in 2026, with silver output reaching 2,800-3,000 tons.
EU Unlikely to Impose Full Russian Oil Ban in 21st Sanctions Package – Politico
The European Union is not expected to include a complete ban on Russian oil or restrictions on maritime services in its upcoming 21st sanctions package, according to Politico citing EU diplomats. Instead, the bloc intends to freeze the existing oil price cap.
Number of banks in Russia may fall below 300 by year-end, says Expert RA
The head of rating agency Expert RA said the number of banks in Russia could drop below 300 by the end of the year, adding that a reduction of 5-10 institutions annually is acceptable.
UAC Head: Russian Aircraft Could Dominate Domestic Fleet, Output Surges
The head of Russia's United Aircraft Corporation (UAC) stated that Russian-made planes could account for up to 100% of the country's air fleet, with a realistic target of producing about 500 aircraft over 10–12 years. He also noted a 4-5 fold increase in combat aircraft output since 2022 and progress on several key programs.
PBOC Cuts Daily Cash Operations to Record Low to Curb Bond Rally
China's central bank reduced its daily open market operations to an all-time low, stepping up efforts to drain excess liquidity and rein in a surge in government bond prices and falling yields.
Today's Key Events: Eurozone CPI, US JOLTS, BoE Speech, API
A look at today's economic calendar including Eurozone preliminary CPI, US JOLTS job openings, a Bank of England Governor speech, API oil inventories, and earnings reports from Dollar General, Victoria's Secret, Palo Alto Networks, and Ulta Beauty.
Ebola Outbreak in Congo Becomes Third Largest in History
A rare strain of Ebola virus in the Democratic Republic of Congo has rapidly escalated to become the third largest outbreak on record, according to the Wall Street Journal.
Hezbollah Accepts US Ceasefire with Israel, Iran Warns of Escalation
Lebanon says Hezbollah accepted a US proposal for a mutual ceasefire with Israel, halting strikes on Beirut's southern suburb and attacks on Israel. Iran warns that US-backed Israeli actions in Lebanon and Gaza will strengthen the Axis of Resistance, potentially activating other fronts and disrupting key shipping straits.
Zelensky Orders Swift End to War; US Delegation to Visit Kyiv and Moscow
Ukrainian President Zelensky has instructed officials to end the war as quickly as possible, ideally before winter. A US negotiating delegation is expected to visit both Kyiv and Moscow soon, while Ukraine insists it will not cede the Donbas region.
Iran Former IRGC Commander Warns Strait of Hormuz Blockade Unacceptable
Mohsen Rezaei, a former IRGC commander and current military advisor to Iran's Supreme Leader, stated that Iran controls the Strait of Hormuz and will not tolerate a continued naval blockade, adding that escalation in Lebanon is also unacceptable.
Global M2 Money Supply Surged Over $17 Trillion, Fueling Stubborn Inflation
The global M2 money supply has increased by more than $17 trillion, contributing to persistent high inflation in major economies, according to experts.
Russia Cuts Asset, Income Thresholds for Qualified Investor Status
The Bank of Russia has simplified the requirements for clients of asset managers to obtain qualified investor status, halving the asset and income thresholds to 12 million rubles and 6 million rubles, respectively.
Georgia Government Launches Crackdown on Illegal Crypto Mining
Georgia's State Minister Mamuka Mdinaradze announced a government campaign against illegal cryptocurrency mining, citing excessive electricity consumption.
Iran aims to fully block Strait of Hormuz, IRGC to control diplomacy - Tasnim
According to Iranian news agency Tasnim, Iran has set a goal to completely close the Strait of Hormuz and activate other maritime chokepoints, including the Bab el-Mandeb Strait. The Islamic Revolutionary Guard Corps (IRGC) will take full control of Iran's diplomatic channels.
Iran Halts Mediated US Dialogue, Threatens Strait of Hormuz Restrictions
Iran has cut off indirect communication with the US in protest of Israeli actions in Lebanon and signaled possible restrictions on shipping through the Strait of Hormuz and Bab el-Mandeb, according to state media Tasnim.
Russia Central Bank Says Corporate Sector Stable Despite Lower Profit, Commodity Headwinds
The Bank of Russia's financial stability review states that companies and banks remain resilient, though real-sector profits have edged lower due to adverse commodity market conditions. Lower interest rates and reduced borrowing costs are supporting corporate stability.
Russia Data Center Capacity to Rise 2.4x by 2030, Novak Says
Russian Deputy Prime Minister Novak announced that data center installed capacity will grow from 1.8 GW to 4.3 GW by 2030. Operators may be required to fund new power generation and grid infrastructure.