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Crypto, stocks, forex and macro, aggregated for traders.
Moody's: Iran Conflict Costs US Families $100 Billion
Moody's estimates the US-Iran conflict has cost American households $100 billion through higher government spending and energy expenses, with ripple effects on inflation and economic strain.
US Stock Indices Open Mixed: S&P 500 and Nasdaq Edge Higher, Dow Dips
At market open, the S&P 500 rose 0.09% to 7,372.40, the Nasdaq gained 0.04% to 25,597.90, while the Dow Jones fell 0.06% to 51,636.15.
Dollar Hits Highest Since November; Traders Urged to Take Profits
The dollar rose to its highest level since November as markets price in further Federal Reserve rate hikes. A Bloomberg report notes that traders should lock in actual profits rather than rely on mark-to-market gains.
US Catholic leaders slam CLARITY Act’s Section 604 over trafficking concerns
Eighty Catholic leaders and anti-trafficking activists in the US have criticised Section 604 of the CLARITY Act, arguing it would hinder oversight of illicit financial flows and create vulnerabilities for transnational criminal groups.
WTI under bearish pressure as CTA liquidation nears end: TD
TD Securities analysts flag persistent selling pressure on WTI crude despite signs that CTA liquidation is almost complete, while elevated flows through the Strait of Hormuz weigh on market sentiment.
US-Iran Talks Set 60-Day Window for Oil Price Direction
The next 60 days of US-Iran negotiations will determine oil price trajectory, with markets pricing out worst-case Middle East scenarios but remaining cautious.
MAS Stance Keeps Singapore Dollar Defensive, MUFG Says
Lloyd Chan at MUFG views the Singapore Dollar as relatively defensive versus other ASEAN currencies due to the MAS's tight S$NEER policy, which anchors volatility and inflation.
CENTCOM Reaffirms Commitment to Defeating ISIS Remnants
U.S. Central Command stated that it and its partners remain dedicated to eliminating remaining ISIS elements to ensure their enduring defeat, while continuing to protect the U.S. homeland and allies.
CENTCOM Strike Kills Terrorist Ali Husayn Al-‘Ulaywi in Ongoing Anti-Terror Efforts
U.S. Central Command confirmed a precision strike killed terrorist Ali Husayn Al-‘Ulaywi as part of ongoing efforts to disrupt attacks on Americans and the U.S. homeland.
Aluminium Deficit View Intact After Risk-Off Selloff – ING
ING analysts Warren Patterson and Ewa Manthey note that aluminium led a broad metals selloff triggered by a sharp global equity decline and a more hawkish Federal Reserve, but the underlying deficit view remains unchanged.
Korea Leverage Shock Triggers Tech Selloff, Micron in Focus
Tuesday's technology selloff was driven by a leverage shock in South Korea rather than a collapse in AI demand. Samsung Electronics and SK Hynix fell over 12%, dragging the KOSPI down 9.99% and triggering a market-wide trading halt.
US Dollar Index Hits Over 1-Year High on Fed Rate Hike Optimism
The US Dollar Index continues its upward trend, reaching its highest level in over a year on Wednesday, extending a six-session rally amid expectations of further Federal Reserve rate increases.
TD Securities: Australian Jobs Rebound Expected, RBA on Alert After CPI Miss
Australia's May headline CPI slowed to 4.0% year-on-year, missing consensus and TD Securities' forecast, driven by softer transport and fuel costs. The firm expects a jobs rebound, keeping the RBA alert.
Silver Hits Fresh YTD Lows as Hawkish Fed Boosts US Dollar to Over One-Year Highs
Silver (XAG/USD) dropped to new year-to-date lows near $59.32 as expectations of a hawkish Federal Reserve pushed the US Dollar to its highest level in over a year.
Indonesian Rupiah Supported by BI Tightening, But US Yields Weigh: MUFG
Bank Indonesia's proactive tightening and FX measures support the rupiah, but elevated US yields and domestic policy uncertainty pose challenges, says MUFG's Lloyd Chan.
XLF Bullish Impulse After June Low, Elliott Wave Favors Upside
The XLF ETF shows a bullish impulse from its June 3 low, with higher highs and higher lows on the 1-hour chart. Elliott Wave analysis suggests further upside, favoring buy-the-dip entries at defined support levels.
Trump: Iran Says No Tolls on Ships in Strait of Hormuz; US to Fund Food for Iran
President Trump stated that Iran has informed the US it does not seek or receive tolls or charges on ships transiting the Strait of Hormuz. He also announced the release of Iranian funds to US farmers and ranchers to purchase food for Iran exclusively from the United States.
Gold Sell-Off Sharp After Record Highs, ING Says Slower Grind Higher
ING’s commodities strategist Ewa Manthey notes gold sold off sharply after record highs, pressured by higher Treasury yields, a stronger dollar, and weaker ETF demand. Forecasts have been cut but a slower grind higher is expected.
Trump's Crypto Promises: Mixed Progress Mid-2026
Two years after his pro-crypto campaign, President Trump's administration has fulfilled some digital asset pledges while others remain stalled in Congress.
Trump: Iran Denies Charging Ships in Strait of Hormuz
President Trump says Iran told the U.S. it is not seeking tolls, insurance costs, or other charges on ships transiting the Strait of Hormuz, contradicting some media reports. He also states no money has been given to Iran, but some funds will be used to buy U.S. food for Iran.
GBP/USD Resumes Downside After Testing Triangle Breakdown Zone
GBP/USD fell 0.38% to near 1.3150 during European trading on Wednesday, extending losses after testing a triangle breakdown zone, pressured by a stronger US dollar on hawkish Fed expectations.
Dollar Extends Rally Despite Lack of Rate Support; Yen Intervention Risk Looms
The US Dollar continues its rally, gaining over 2% since the Fed's hawkish hold, but traders remain wary of potential Japanese intervention.
USD Strengthens After Hawkish Fed Guidance, PCE Risks Ahead – DBS
The US Dollar has reached its highest level since May 2025, driven by hawkish Federal Open Market Committee guidance and upcoming PCE data risks, according to DBS Group Research.
EUR/GBP Hits Multi-Month Low but Holds Above 0.8600 Support
EUR/GBP touched its lowest level since August 15, 2025 on Wednesday, briefly probing the 0.8610 zone, but strong support at the 0.8600 area remains intact.