Market news
Crypto, stocks, forex and macro, aggregated for traders.
China’s AI Investment Surge Drives 92% Jump in Integrated Circuit Exports
Global AI investment plays to China’s manufacturing strengths, with Chinese firms leading in printed circuit boards, optical components, and memory chips. Integrated circuit exports have grown over 20% annually for 13 consecutive months and surged 92% in April alone.
China's High-Tech Exports Surge on AI and Green Energy Demand
China's export sector remains robust, with high-tech products like AI hardware and green energy tech driving growth despite global uncertainty, according to the China Chamber of Commerce.
White House Crypto Advisor: 'Big Week Ahead for Clarity' on Crypto Regulation
White House crypto advisor Patrick Witt stated that the coming week is critical for regulatory clarity, with narrowing issues and good-faith offers being advanced.
Commerzbank: Russian Ruble's Oil-Driven Gains May Fade by Year-End
Commerzbank analyst Tatha Ghose warns that recent ruble support from high oil prices is likely to diminish towards year-end, while the central bank has adjusted EUR/RUB pricing methodology amid thin hard-currency trading.
GBP/USD Holds Near 1.3375 Amid Sideways Triangle Pattern
GBP/USD trades 0.26% higher at 1.3375 during European hours, with the dollar weakening on potential US-Iran deal news. The overall trend remains sideways as a triangle formation develops.
USD/JPY May Weaken to 160.75 – UOB Analysts
UOB analysts Quek Ser Leang and Lee Sue Ann see USD/JPY range-bound intraday between 159.90 and 160.40 but maintain a slightly positive multi-day outlook, with potential to weaken toward 160.75.
Humanity Protocol suffers $31M wallet compromise, token H crashes 83%
Unknown attackers compromised wallets linked to Humanity Protocol on June 9, causing an estimated $31 million loss. The project's native token H plunged 83% from $0.70 to $0.12.
USD/CAD Eases from 1.3960 Highs, Bullish Trend Intact
The US Dollar eased against the Canadian Dollar on Tuesday, pulling back from near the year-to-date peak of 1.3960, while the broader bullish trend remains in place.
Euro Holds Losses Against Pound Despite Stronger German Industrial Production
The EUR/GBP cross remains near 0.8640 during early European trading on Tuesday, with the Euro staying weak against the British Pound despite stronger-than-expected German Industrial Production data.
EUR/USD Hits Two-Month Low Near 1.1500 as Yields Swing – Danske Bank
EUR/USD briefly touched a new two-month low near 1.1500 before retracing slightly. Danske Bank analysts attribute the move to concurrent V-shaped swings in global yields.
Asia Tech Stocks Recover, OpenAI IPO Looms, China Trade Surplus $105B
South Korea's Kospi and Japan's Nikkei rebounded on tech gains, while China's trade surplus returned to $105 billion. OpenAI also reportedly enters the IPO queue.
Silver Trades with Caution Around $68 Ahead of US CPI Data
Silver price (XAG/USD) edges lower near $67.90 during European trading as investors await the US CPI data for May.
China Exports Surge 19.4% in May, Beating Expectations
China's export growth accelerated to 19.4% year-on-year in May, exceeding the consensus forecast of 15.0% and up from 14.1% in April, driven by strong demand for chips, autos, and AI-related tech goods.
Household Inflation Expectations Ease in May After April Spike
Household inflation expectations for the next 12 months eased in May, following a sharp spike in April driven by high commodity prices, according to a recent survey.
BoJ Expected to Raise Rate to 1.0% in June, Nikkei Reports
The Bank of Japan is widely expected to raise its short-term policy rate from 0.75% to 1.0% at its June 15–16 meeting, according to a Nikkei report.
EUR/USD Strengthens Toward 1.1550 on ECB Hawkish Bets
The euro edged higher against the dollar in early European trade Tuesday, supported by expectations of further ECB rate hikes. Traders are now awaiting US CPI data for fresh directional cues.
USD/JPY Holds Above 160.00 as Yen Stays Near One-Month Low, Intervention Risks Loom
The Japanese yen remains near a one-month low against the US dollar, with USD/JPY trading above the 160.00 mark despite a weaker greenback. Traders are cautious amid persistent intervention risks from Japanese authorities.
Indian Rupee Rebounds as Oil Prices Slump on Iran-Israel Truce
The Indian Rupee strengthened against the US Dollar on Tuesday morning after a sharp drop the previous day, driven by a decline in oil prices following reports of a ceasefire between Israel and Iran.
Trump Says Iran Agreement Proposal Possible Within Days
US President Donald Trump stated he may have a proposal for an Iran agreement within days, as reported by Reuters.
WTI Crude Oil Holds Below $89 as Bearish Setup Persists
West Texas Intermediate crude oil extends losses below $89.00 after a sharp retracement from mid-$93 levels, with bearish technicals pointing to further downside.
EUR/JPY Strengthens Above 184.50 as Hawkish ECB Supports Euro
EUR/JPY trades around 184.85, maintaining a bullish tone as the European Central Bank’s hawkish stance underpins the euro. The cross holds above 184.50 despite intervention risks.
EUR/USD Could Head Towards 1.1600 as Dollar Index Fails to Hold 100
The Dollar Index retreats below 100 after failing to sustain above that level, while EUR/USD bounces and may target 1.1600 or higher. EUR/INR remains bearish below 111, and EUR/JPY could test 186.
NZD/USD Steadies Above 0.5800 as Neutral Bias Prevails
The New Zealand Dollar holds above 0.5800 for a second day, with technical analysis showing a rectangle pattern indicating consolidation.
Meta Zigzag Pullback Nears Key $522-545 Support Range
Elliott Wave analysis shows Meta's short-term rally from March 27, 2026 low as impulsive wave ((1)), with the current pullback as wave ((2)) approaching the $522-545 support zone. Upside is favored while price holds above this pivot.