Market news
Crypto, stocks, forex and macro, aggregated for traders.
Oil Underperforms Historical Shocks Despite 14% Supply Loss – SocGen
Societe Generale analysts say oil prices have underperformed relative to past supply disruptions, even as global crude supply has dropped by 14%, suggesting a tighter market balance that is not fully reflected in the current muted price spike.
Gold: Avalanche Passed but Rubble Moving, Trapped in Trader Regime
Gold remains in a trader-driven regime as yields, oil, liquidity, and positioning drive short-term moves, while long-term debasement and reserve diversification narratives take a back seat.
US Payrolls Surprise, Tech Jitters, Geopolitical Risks Ahead
Markets start the week digesting a large upside surprise in US payrolls, tech stock jitters, a heavy macro data calendar, and escalating Iran-Israel tensions threatening a fragile ceasefire.
Silver Extends Decline to $66.50, Lowest in Over Two Years
Silver (XAG/USD) fell to near $66.50 during late Asian trading on Monday, its lowest level in over two years, as the sell-off continues. Some market participants are now questioning whether the price could head toward $60.
Israel-Iran Tensions Escalate, Markets Cautious as Oil and Bond Yields Edge Higher
Geopolitical risks from the Israel-Iran conflict pushed oil prices modestly higher and bond yields up, while equity sentiment remains cautious after Friday's losses.
Crude Oil Trades Between Missiles and Phone Calls
Crude oil began the week trading on perceived probabilities rather than events, caught between geopolitical tensions and diplomatic efforts.
Iran Says Strait of Hormuz to Stay Open, But With Transit Fees
Iran's ambassador to Moscow stated that the Strait of Hormuz will remain open, but Iran and Oman will impose new conditions including a transit fee, according to a Reuters report.
WTI Crude Holds Near $92.00, 200-SMA Key for Bulls
WTI crude oil prices maintain gains near $92.00 as renewed Gulf hostilities dim hopes for a ceasefire, with the 4-hour 200-SMA acting as a critical resistance for bullish traders.
Sirens Sound in Central Israel After Iranian Missile Launch
Sirens are sounding in central Israel as the government urges citizens to seek shelter, citing an Iranian missile attack. Iran has not yet acknowledged the strike.
Israel Intercepts Missile Launched from Yemen, Sirens Sound in Tel Aviv
The Israeli military intercepted a missile launched from Yemen toward Israeli territory, triggering air raid sirens in Tel Aviv, according to The Guardian.
Israeli Air Force Strikes Military Targets in Western and Central Iran
The Israel Defense Forces confirmed airstrikes on military targets in Iran in retaliation for Iranian missile attacks on northern Israel, according to BBC.
WTI Holds Gains Near $90.50 as Iran Launches Missiles Toward Israel
West Texas Intermediate oil prices opened with a bullish gap but edged lower, trading around $90.50 in Asian hours following Iran's missile launch toward Israel.
OPEC+ Agrees 188,000 bpd Output Hike for July
OPEC+ has agreed to a production increase of 188,000 barrels per day in July, the fourth consecutive monthly quota hike, despite ongoing disruptions to a key oil shipping strait.
Nvidia CEO Confirms SK Hynix as Largest Partner Under Multi-Year Deal
Nvidia CEO Jensen Huang confirmed that SK Hynix will continue as Nvidia's largest partner under a multi-year deal with extension options, with annual procurement already in the billions and expected to grow.
SK Telecom Plans Gigawatt-Scale AI Cloud in South Korea Using Nvidia Technology
SK Telecom announces plans to build a gigawatt-scale AI cloud infrastructure in South Korea utilizing Nvidia technology, with the first AI factory expected online by 2027 as part of a broader Nvidia-SK Group expansion.
Trump Urges Netanyahu to Delay Response to Missile Attack, Netanyahu 'Kind of Agreed'
A US official revealed that Donald Trump asked Israeli Prime Minister Benjamin Netanyahu not to retaliate immediately after a missile attack, but to wait a few days for negotiations. Netanyahu reportedly gave a conditional agreement.
Doosan Expects to Supply Equipment for NVIDIA AI Factories, Robotics in Talks
South Korea's Doosan Group expects its gas turbines, small modular reactors, hydrogen fuel cells, and industrial equipment to support NVIDIA's AI factories. Additionally, Doosan Robotics is in talks with NVIDIA to develop AI-driven robotics using NVIDIA's physical AI technology.
SK Telecom Plans Gigawatt-Scale AI Cloud in South Korea Using NVIDIA Technology
SK Telecom announces a gigawatt-scale AI cloud project in South Korea, leveraging NVIDIA technology, with the first AI factory expected online by 2027 as part of a broader NVIDIA-SK Group AI infrastructure expansion.
Zelensky Aligns with Starmer on Energy, Air Defence Ahead of Summits
Ukrainian President Zelensky is aligning with UK PM Starmer to prioritize energy infrastructure protection, winter preparedness, and additional air defence missiles at upcoming G7, NATO, and Coalition of the Willing meetings.
Trump to Ask Netanyahu Not to Strike Back at Iran After Missile Attack
US President Donald Trump stated he will urge Israeli Prime Minister Benjamin Netanyahu to refrain from retaliatory strikes following Iran's missile barrage on Israeli targets, which was itself a response to an attack near Beirut.
Trump says Netanyahu has 'no choice' but to accept US-Iran deal
Former President Donald Trump stated that Israeli Prime Minister Benjamin Netanyahu would be forced to accept a U.S.-Iran agreement, asserting that he, Trump, is the one making key decisions on negotiations.
Zelenskyy: Long-Range Strikes Effective, Defense Critical; Iran Halts Tehran Flights
Ukrainian President Zelenskyy says long-range strikes are effective but ballistic missile defense remains critical, and Europe must maintain a strong role in peace talks. Meanwhile, Iran has suspended all flights at Imam Khomeini Airport until further notice.
Xi Calls for Multilateral Globalization, Urges Resistance to Hegemonism
Chinese President Xi Jinping called for multilateral and inclusive economic globalization and urged countries to resist hegemonism, authoritarianism, and any revival of militarism.
Trump Says Netanyahu Will Have No Choice But to Accept Iran Deal
President Trump stated that Israeli PM Netanyahu will have no choice but to accept a US deal with Iran, claiming 'I call the shots.' Oil prices rose on the news.