Market news
Crypto, stocks, forex and macro, aggregated for traders.
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%.
Silver Breaks Below 200-Day SMA, Targets YTD Low
Silver extended its weekly decline, breaking below the 200-day moving average and falling towards its year-to-date low.
Euro Muted Near 1.1550 Ahead of Expected ECB Rate Hike
The EUR/USD pair trades near the 1.1550 level as the euro remains little changed ahead of an anticipated European Central Bank interest rate hike.
USD/JPY Reclaims 160 as RSI Nears Overbought, BoJ Risk Looms
USD/JPY extended its gains for a second day, drifting above the 160.00 threshold, an intervention zone, but remains below the YTD high of 160.72 set on April 30. RSI is nearing overbought levels while BoJ intervention risk persists.
Swiss Franc Falls as US-Iran Tensions Boost Dollar Demand
The Swiss Franc weakened against the US Dollar on Wednesday as escalating tensions between the United States and Iran boosted safe-haven demand for the greenback, with traders showing little reaction to latest US inflation data.
Trump Says Secret Military Operation Secured Strait of Hormuz Oil Flow
US President Trump announced a secret military operation that helped secure commercial shipping through the Strait of Hormuz, allowing over 100 million barrels of oil to reach global markets amid ongoing regional tensions.
Gold Crashes Over 3% as US Inflation Data and Trump Threat Boost Yields, Oil
Gold (XAU/USD) fell over 3% on Wednesday after US inflation data remained elevated, reinforcing higher-for-longer rate expectations, while Trump's strike threat pushed oil and yields higher.
Trump Claims Secret US Military Mission in Strait of Hormuz Unlocked 100M Barrels of Oil
President Trump stated that he ordered a secret US military mission in the Strait of Hormuz, resulting in over 100 million barrels of crude oil successfully transiting the strategic waterway.
S&P 500 Falls Below 7,300, Erases $3 Trillion Since June High
The S&P 500 extended its losses to nearly 100 points on the day, falling below the 7,300 level. The index has now lost approximately $3 trillion in market capitalization since its peak on June 2.
Trump Threatens Heavy Iran Strikes as Tehran Defies Pressure
US President Donald Trump threatened to attack Iran "very hard," blaming Tehran for slow negotiations on a potential deal.
US Treasury Disrupts Iranian Military Procurement Networks
Treasury Secretary Bessent announced that the department has frozen Iranian regime assets, disrupted the economy, and dismantled procurement networks supporting the Iranian military.
US Energy Secretary Wright Unaware of Oil Trump Claims Taken from Iran
US Energy Secretary Wright said he has no knowledge of the oil that President Trump claimed the US is extracting from Iran, which Trump cited as a reason US oil prices fell toward $85 per barrel.
Crypto Roundup: Michael Saylor Business Model, Anthropic Models, EU Sanctions, and More
A summary of today's crypto news covering MicroStrategy's business model scrutiny, Anthropic's new AI models, Kalshi's insider trading crackdown, Russia's crypto tax bill, SpaceX IPO demand, Wintermute on weak Bitcoin inflows, Botanix L2 shutdown, EU sanctions on exchanges, Curve LlamaLend v2, and a quantum-resistant communication test.
Trump: 'I Love the Inflation' as CPI Rises to 4.2%; US Seizes Iranian Oil
President Trump commented on the latest US CPI reading of 4.2%, saying he loves the inflation, while also announcing the seizure of 22 Iranian oil ships.
Bank of Canada Holds Rate at 2.25%, Macklem Signals Patience
The Bank of Canada kept its policy rate unchanged at 2.25% on Wednesday, in line with expectations, with Governor Tiff Macklem signaling a patient approach to future moves.
Iran President Calls Trump's Infrastructure Threats a Sign of Desperation
Iranian President Pezeshkian responded to President Trump's threats to target Iranian infrastructure, calling the threats a sign of desperation and vowing national unity against any pressure.