Market news
Crypto, stocks, forex and macro, aggregated for traders.
Trump to Meet AI Execs on Giving Americans Stake in AI Wealth
President Trump says he will soon meet with top AI executives to discuss plans to give Americans a stake in AI companies' wealth, claiming it will make the public very rich.
AUD/USD Bounces Off Two-Month Low, Upside Capped
The Australian dollar recovers from a fresh two-month low, moving back above 0.7000 against the US dollar, but further gains appear limited.
Silver Rebounds from 11-Week Lows, Trades Near $64.00
Silver price (XAG/USD) gained ground after two days of losses, trading around $64.00 per troy ounce during Asian hours, rebounding from 11-week lows.
GBP/USD Edges Higher to 1.3385 Despite Fed Rate Hike Expectations
GBP/USD rose to around 1.3385 during Asian trading on Thursday, but gains may be capped as markets anticipate higher US interest rates for longer.
USD/CAD Stays Weak as Canadian Dollar, Upside Seen Limited
USD/CAD failed to extend its bounce from the 1.3900 weekly low and edged lower during Asian trading, with the Canadian Dollar supported and upside potential described as limited.
US Hiring Rate Drops to Second-Lowest Since Pandemic, Conflicting with Strong Jobs Reports
The US hiring rate fell to 3.2% in April, the second-lowest since the pandemic, while JOLTs and the May jobs report both beat expectations, creating conflicting signals in the labor market.
US Dollar Index Declines Despite Safe-Haven Demand
The US Dollar Index (DXY) is trading around 100.00 during Asian hours, holding losses after minor gains the previous day, despite increased safe-haven demand.
PBOC Sets USD/CNY Reference Rate at 6.8150
The People's Bank of China set the USD/CNY central parity rate at 6.8150 for Thursday, up from the previous fix of 6.8130.
Iran Launches Drone Operation Against US Fifth Fleet in Bahrain
Iran's military announced a drone operation targeting the US Navy's Fifth Fleet in Bahrain, citing retaliation for US strikes in southern Iran.
Euro Strengthens to Near 1.1550 Ahead of ECB Rate Decision
EUR/USD rose to near 1.1540 in Asian trading on Thursday as markets anticipate a rate hike from the European Central Bank at its June policy meeting.
WTI Oil Rises to Near $91 as US Strikes Continue Against Iran
WTI crude oil extends gains for a second day, trading around $90.70 during Asian hours as US military strikes against Iran persist.
Japan’s Weekly Capital Flows: Foreign Bond Buying Turns Negative
Japan's weekly order flows showed a shift in foreign bond investment, with net selling of ¥1,038.5B against a previous net buying, while Japanese investors increased foreign bond purchases.
Japanese Yen Hits 6-Week Low Near 160.50 on US Inflation Report
USD/JPY rises to around 160.55 as the yen weakens to a six-week low after a hotter US inflation report raises expectations for higher Fed rates.
Japanese Yen Hits 6-Week Low Near 160.50 on Hot US Inflation
The USD/JPY pair rose to around 160.55 in early Asian trading, with the yen weakening to a six-week low after stronger-than-expected US inflation data reinforced expectations of prolonged higher Fed rates.
US Launches Strikes on Multiple Targets in Iran After Trump Threatens 'Hit Them Hard'
The US Central Command announced additional self-defense strikes against multiple targets in Iran, following President Trump's vow to 'hit them hard.'
NZD Trades Weakly Despite Steepest Hiking Path in Developed World
The New Zealand dollar carries the steepest implied tightening path among developed nations but continues to trade weakly, reflecting market skepticism.
AUD Caught Between Commodity Support and Weak Demand
A strong commodity backdrop continues to support the Australian Dollar, but weak domestic demand is capping gains, with Wednesday's session underscoring the divide.
Gold Falls to Multi-Month Low Near $4,050 as Hot US Inflation Fuels Fed Hawkish Bets
Gold price (XAU/USD) tumbled to around $4,050, the lowest since November 2025, during early Asian trading as stronger-than-expected US inflation data reinforced expectations of a more hawkish Federal Reserve.
Tech Sinks as Oil Puts Fed Tail Back on Table
Wall Street faced triple headwinds: a renewed tech unwind, a geopolitical oil rally that reignites Fed concerns, and a wave of equity supply straining AI liquidity.
Japanese Yen Weakens After Historic Rate Hike, US Inflation Surprise
The yen logged its weakest close in nearly two years as US inflation hit a fresh cycle high, raising the risk of currency intervention by Japanese authorities.
US leveraged ETF trading volume hits record $90bn
Trading volume in US-listed leveraged and inverse ETFs surged to $90 billion on Tuesday, an all-time high. Activity has more than tripled over the past year, signaling elevated risk appetite.
Oracle drops 7% after-hours on $20B AI fundraising plan
Oracle shares fell 7% in extended trading after the company reported earnings and revenue above estimates but announced a $20 billion capital raise for AI expansion.
Trump Holds Situation Room Meeting on Possible Iran Strikes
President Trump is holding a White House Situation Room meeting to discuss additional possible strikes on Iran, according to Axios. Two American sources indicate he is considering a large-scale but short-term operation to pressure Iran in negotiations.
US Dollar Rebounds After Hotter CPI Data
The US Dollar Index firmed above 100.00 after May CPI data showed inflation accelerating to 4.2% YoY from 3.8%, with a monthly rise of 0.5%.