Market news
Crypto, stocks, forex and macro, aggregated for traders.
CoinGecko: 70% of Pumpfun Tokens Stop Trading on Launch Day
A CoinGecko study of 18.6 million assets created on Pumpfun from January 2024 to June 2026 found that 68.6% saw their last trade on the day of launch, and only 4.5% traded for longer than three months.
AUD/USD Steady Near 0.6900 as US PCE Data Bolsters Fed Caution
The AUD/USD pair held near 0.6900 on Thursday, trading muted as the US dollar pulled back after PCE inflation data reinforced expectations of cautious Fed policy, while geopolitical risks added uncertainty.
USD/JPY Steady; Intervention Risk Near 162, Scotiabank Says
Scotiabank strategists report USD/JPY is steady ahead of Tokyo CPI data, with intervention risk emerging near 162 against the US dollar.
Canadian Dollar Gains on Oil Rebound, USD Slips After PCE Data
USD/CAD fell to 1.4205, down 0.21% on the day, as the Canadian dollar recovered on higher oil prices and a softer US dollar following PCE data.
Commerzbank: US Long-Run Growth Success but Faces China Challenge
Commerzbank economists highlight the US as a long-term growth success due to population gains, immigration, and productivity, but warn of a serious challenge from China.
Bitcoin Recovers to $61,500 After Dropping to $59,000
Bitcoin recovered to around $61,500 after briefly falling to $59,000. Ethereum holds near $1,650. Total crypto liquidations reached $994 million in 24 hours.
USD Rally Driven by Fed Repricing May Be Overdone – ABN AMRO
ABN AMRO strategist says recent dollar strength driven by reassessment of Fed outlook, but warns repricing may have gone too far as bank still expects rate cuts.
Euro Stabilizes Near 13-Month Lows After US Inflation Data
EUR/USD recovers from intraday lows after April US CPI came in line with expectations, trading around 1.1362 after hitting 13-month lows earlier.
Micron Stock Surges 18% on Strong AI-Driven Revenue Forecast
Micron Technology shares jumped roughly 18% at the open after the company issued a better-than-expected revenue outlook, fueled by booming demand for AI memory chips.
CoinShares Survey Reveals Gap Between European Wealth Managers and Client Crypto Investments
A CoinShares survey of 261 wealth managers across five European countries found that clients have already invested in digital assets but advisors often remain unaware, creating a 'management gap.' Internal company policies are the primary cause, with 61% of managers working at firms that ban or lack clear rules for crypto.
US Indices Open Higher: Nasdaq +0.92%, S&P 500 +0.78%, Dow +0.63%
All three major US stock indices opened higher on the day, with the Nasdaq gaining 0.92%, the S&P 500 rising 0.78%, and the Dow Jones adding 0.63%.
MUFG: Thai Baht Negative Bias Persists Under US Yield Pressure
MUFG analyst Lloyd Chan notes broad Asia FX weakness vs the Dollar, with the Thai Baht underperforming amid US yield pressure. The Bank of Thailand held its policy rate at 1% as growth remains low and uneven.
US May PCE Inflation Rises to 4.1%, Highest Since April 2023
The US May PCE inflation, the Fed's preferred metric, rose to 4.1% year-over-year, the highest since April 2023. Core PCE rose to 3.4%, its highest since October 2023, more than double the Fed's 2% target.
WTI Oil Declines on Hormuz Normalization, US Iran Waiver
West Texas Intermediate crude fell for a fourth straight session as the normalization of Strait of Hormuz traffic and a US waiver on Iran sanctions eased supply concerns. WTI traded around $69.30, down 0.65% on Thursday.
TD Securities: Gold Strong During US Equity Lost Decades
TD Securities analyst Izidor Flajsman notes that precious metals, especially gold, have historically delivered strong real returns during US equity 'lost decades', outperforming broad commodities.
Apple Raises Mac and iPad Prices on Higher Chip Costs
Apple has increased prices across its Mac and iPad lineup, citing soaring chip costs. The MacBook Air now starts at $1,299, up $200, while the base MacBook Pro rises $300 to $1,999.
Commerzbank: Persistent Inflation and Surging Debt Risk Erode Dollar's Long-Term Value
Commerzbank economists warn that persistent inflation and federal debt levels not seen since World War II are undermining the US dollar's long-term value, based on a review of 250 years of US economic history.
US Q1 GDP Growth Revised Up to 2.1% from 0.5%
The U.S. economy expanded at a 2.1% annualized rate in Q1 2023, according to the final estimate from the Bureau of Economic Analysis, a sharp increase from the previous quarter's 0.5% growth.
Apple Raises Prices on MacBook Pro, iPad Air, and iPad Pro
Apple is increasing prices on its MacBook Pro, iPad Air, and iPad Pro models in the US, with the 1TB MacBook Pro rising from $1,699 to $1,999, among other changes.
Apple Raises iPad and Mac Prices Citing AI-Driven Memory Cost Surge
Apple announced price increases across iPads and Macs, attributing the move to surging memory and storage costs driven by unprecedented demand from AI data centers.
US Durable Goods Orders Decline 4.5% in May as Expected
The US Census Bureau reported that Durable Goods Orders fell 4.5% ($15.6 billion) to $332.1 billion in May, following an upwardly revised 8.5% gain in April.
Iran Parliament Speaker Dismisses Trump's Claim on Frozen Assets
Iran's Parliament Speaker responded to President Trump's assertion that unfrozen Iranian assets would be used to buy US agricultural products, stating that the only harvest is 'decades of mistrust' planted by the US.
Quantum Computing Backs Case for US Industrial Policy, Economists Say
The Economist columnists argue quantum computing is a unique area justifying early US government intervention, as commercial products and dominant architectures are still lacking.
Micron's $50B Guidance Crushes Bears, Ignites AI Rally
Micron Technology (MU) reported a $50 billion guidance that reversed the previous day's semiconductor selloff, sparking an AI-driven rally and signaling a rotation into tech stocks.