Market news
Crypto, stocks, forex and macro, aggregated for traders.
Israel raises military readiness as US-Iran talks risk collapse
Israel has increased its military readiness amid growing fears that US-Iran nuclear negotiations could break down and lead to a military confrontation, according to Israeli media.
US Envoy Heads to Switzerland for Iran Nuclear Talks Amid Delay
White House envoy Steve Witkoff is traveling to Switzerland for the first round of U.S.-Iran nuclear talks, originally set for Friday but delayed by the Israel-Hezbollah conflict. A new date is unconfirmed.
Oil Retreats to $80 as Iran Deal Speculation Unwinds War Premium
Brent crude fell back to $80 and WTI to $77, erasing nearly all the price premium accumulated during four months of open conflict.
Canadian Dollar Shifts Correlation from Crude Oil to Gold
The Canadian dollar, traditionally seen as a petro-currency, is now showing a stronger correlation with gold prices than crude oil, even as Middle East tensions keep oil bid.
Euro Falls Despite ECB Rate Hike
The euro weakened in the same period that the European Central Bank delivered its first rate hike in years, defying conventional market logic.
US Dollar Index rallies on Fed rate outlook
The US Dollar Index (DXY) has rallied this week, surprising markets that had dismissed a strengthening dollar, as the prospect of a Federal Reserve rate hike gains traction.
Emerging Market Central Banks Drive Historic Gold Purchases
Over the last three years, Asian and Eastern European central banks have averaged 12 tonnes of gold purchases per month, with African nations adding 2 tonnes monthly. In the past 12 months, Asian banks bought 8 tonnes per month and Eastern European banks 7 tonnes, as emerging markets diversify currency reserves into gold.
US Dollar Loses Momentum Ahead of PCE Data and Fed Decision
The US dollar is losing momentum as markets await key PCE inflation data and the first Fed policy decision under Chair Kevin Warsh. Global PMI releases and other central bank meetings are also in focus.
Silver Slides Below 200-Day SMA as Dollar Strengthens, Bears Eye $61
Silver fell over 3.32% on Friday, losing the 200-day SMA support, as the US Dollar rallied and Treasury yields rose on hawkish Fed signals.
China Retail Sales Fall Most Since Post-Pandemic Reopening
China's retail sales dropped 0.6% year-on-year in May, the steepest decline since late 2022, while fixed-asset investment fell 4.1% in the first five months of 2026, led by a 16.2% plunge in property investment.
Iran’s Quds Force Commander Warns Israel of Hezbollah and Gaza ‘Storm’
IRGC Quds Force commander Esmail Ghaani issued a statement on Friday warning Israel of consequences, referencing Hezbollah drones and a coming 'storm' from Gaza.
Zelensky: Belarus could be dragged into war by Russia
Ukrainian President Zelensky stated that Belarusian leader Lukashenko should be honest with his people, as Russia could drag the entire country into the war.
Top 20 MSCI ACWI stocks 60x larger than average, ratio doubles in 7 years
The average market cap of the top 20 stocks in the MSCI All-Country World Index is now 60 times larger than the average of the other ~2,500 constituents, up from below 25x between 2006 and 2017, driven by US mega-cap tech stocks.
USD/CAD Uptrend Intact, Bulls Eye 1.4200
USD/CAD extended gains during the North American session, up 0.27% on Friday and over 1.34% for the week, maintaining an upward bias as it targets last year's highs near 1.4200. The pair traded at 1.4175 after recovering from daily lows.
AUD/USD Flat as Hawkish Fed and RBA Signals Offset
AUD/USD traded little changed on Friday, with hawkish policy signals from both the Federal Reserve and the Reserve Bank of Australia offsetting each other and keeping the pair range-bound despite a modest pullback in the U.S. dollar.
NZD/USD Slumps Below 200-Day SMA, Eyes 0.57
The New Zealand Dollar fell for a third straight session, dropping over 1.48% on the week and hitting two-month lows near 0.5722 against the US dollar.
Retail Investors Set Record Options Trading Volume in June
Retail investors traded an average of $7.0 billion in options premium daily in June, an all-time high. Semiconductor options alone hit a record $1.9 billion per day.
US Dollar Hits Mid-May Highs Above 101.00
The US Dollar posted strong gains last week, pushing the DXY above the 101.00 barrier for the first time since mid-May 2025.
Crypto Market Roundup: Bitcoin Dips, MiCA Threatens USDT, Cardano in Crisis
A digest of key crypto developments: Bitcoin fell to $62,000, Europe's MiCA rules may impact USDT, Cardano faces a crisis, JPMorgan warns on mining economics, and more.
Private Credit Redemption Requests Surge 56% QoQ to $12 Billion
Investor withdrawal requests from large private credit funds jumped $4.3 billion, or 56%, to $12 billion in Q2 2026, led by the Cliffwater and Blackstone funds. New BDC sales plunged 74% year-on-year in April, signaling rapidly deteriorating confidence.
USD/JPY Pares Losses, Eases from Two-Year High Near 161.00
The USD/JPY pair eased to near 161.00 on Friday, pulling back from a two-year high of 161.81 as US Dollar momentum fades despite a hawkish Fed stance.
Swiss Franc Weakens by Design, USD/CHF Hits Year High
The Swiss Franc is the weakest major currency this week, dragging USD/CHF to a fresh year high. The move is attributed to an unwinding of safe-haven bids after a US-Iran deal, but the Franc's haven status was already questionable.
USD/CHF Nears Seven-Month Highs, RSI Approaches Overbought Territory
USD/CHF continues its rally, approaching seven-month highs while the RSI edges closer to overbought levels, signaling potential overextension.
JPMorgan: Bitcoin Mining Costs Exceed Price for Five Months, 20% of Miners Unprofitable
JPMorgan estimates average Bitcoin mining cost at $78,000, with BTC trading below that for five months. About 20% of miners are operating at a loss, and network difficulty has become more sensitive to price changes.