Market news
Crypto, stocks, forex and macro, aggregated for traders.
WTI Oil Rises as Middle East Tensions Outweigh OPEC+ Output Hike
WTI crude oil climbed to around $89.95 on Monday, gaining 1.57% as escalating geopolitical tensions between Israel, Iran, and the Houthis overshadowed OPEC+'s planned production increase.
NYDIG Blames Bitcoin Slide; ZEC Surges; Strategy Buys 1,550 BTC
NYDIG attributed bitcoin's decline to multiple factors, while ZEC jumped 41.5% after a network vulnerability. Strategy added 1,550 BTC for $101M, and MetaMask unveiled an AI-agent wallet.
South Korea Steps Up FX Defense as Won Hits 2009 Lows
South Korean authorities held an emergency meeting and vowed stern action against speculative FX activity as USD/KRW trades at its weakest since 2009. The National Pension Service has resumed forward FX selling with a higher hedge ratio.
Foreign Investors Unload South Korean Stocks at Record Pace
Foreign investors sold $801 million of Kospi-listed shares on Monday, adding to $10 billion in outflows from the prior week. Year-to-date sales total $75 billion, according to Goldman Sachs.
CENTCOM Disables 7 Vessels, Redirects 134 Since April 13 Blockade
U.S. Central Command reports it has disabled seven non-compliant vessels and redirected 134 ships that complied since initiating a naval blockade on April 13, while allowing 42 humanitarian aid vessels to pass.
US Warship Disables Tanker Bound for Iran in Gulf of Oman
CENTCOM reported that a US Navy F/A-18 Super Hornet disabled the Palau-flagged tanker M/T MARIVEX in international waters after the crew ignored directives. The vessel is no longer heading to Iran.
Hawkish RBI Holds Rate at 5.25%, Warns on Inflation and Currency
DBS Group Research economist Radhika Rao says the Reserve Bank of India kept its policy rate at 5.25% with a neutral stance but a hawkish tone, highlighting inflation and currency risks for FY27.
NY Fed Survey: Consumer Inflation Expectations Largely Stable, Job Market Weakens
The New York Fed's May Survey of Consumer Expectations shows that inflation expectations remained largely unchanged, while perceptions of the labor market deteriorated.
Dow Jones Tracks Chip Rebound but CPI Looms
The Dow Jones Industrial Average traded nearly unchanged in European afternoon trading, with futures hovering around 50,750 after an overnight rally from 50,500 to 51,000 faded. Focus shifts to upcoming CPI data that could spoil the chip-driven rebound.
Oil Prices Spike Then Drop on Middle East De-escalation
Brent crude briefly surged after Israel attacked Iran's energy infrastructure and Iran retaliated, but gains reversed when Iran announced an end to attacks, easing supply fears.
MetaMask Opens Early Access to AI-Powered Agent Wallet
MetaMask has launched early access to Agent Wallet, a non-custodial wallet that automates decentralized application interactions using smart account technology and AI agents.
Canadian Dollar Softens as Gulf Peace Hopes Weigh on Oil Prices
The Canadian Dollar weakened on Monday as a pullback in crude oil prices, driven by Gulf peace hopes, weighed on the commodity-linked currency. USD/CAD traded near 1.3950.
British Pound Edges Higher as Iran-Israel Halt Hostilities
The British Pound rose 0.10% on Monday as risk appetite improved following a ceasefire between Iran and Israel, with US President Trump demanding an end to hostilities to resume talks.
Saudi Defense Ministry: Ballistic Missile Fired from Yemen Fell in Empty Area Near Border
Saudi Arabia's Defense Ministry reported that a ballistic missile launched from Yemen was heading toward a regional country but fell in an empty area near the Saudi-Yemeni border.
SpaceX IPO Valued at $1.75 Trillion Raises Hype Questions
SpaceX's upcoming IPO on June 12 carries a $1.75 trillion valuation, sparking debate over whether demand is genuine or manufactured.
Euro Holds Near 1.1540 as Sentix Data and ECB Decision Awaited
EUR/USD trades near 1.1540 on Monday as investors digest mixed Eurozone Sentix confidence data and focus on the upcoming ECB rate decision.
Record $1.1B Volume in Leveraged S&P 500 and Chip ETFs
Combined trading volume in 3x leveraged S&P 500 and semiconductor ETFs hit a record $1.1 billion on Friday, more than quadrupling over recent sessions. Total US-listed option volumes also surged to 107 million contracts, the second-highest ever, signaling strong risk appetite.
National Bank Analysts Urge BoC to Add Explicit Unemployment Forecast
Analysts from National Bank of Canada suggest the Bank of Canada should include an explicit unemployment rate projection in its quarterly Monetary Policy Report.
Societe Generale: Euro Area Growth Noise, Inflation Outlook
Societe Generale strategists argue that the negative first-quarter GDP print mainly reflects Irish volatility, with ex-Ireland growth at 0.3% qoq.
BBH: Norges Bank Stance Supports NOK Crosses; May CPI Key
Brown Brothers Harriman notes that Norges Bank's stance is supportive for Norwegian Krone crosses. The May CPI print could be pivotal, with a hot reading potentially leading to another rate hike after May's surprise increase.
Bitcoin Tops $63K, ETFs Bleed $1.72B, Strategy Adds 1,550 BTC
Bitcoin rallied above $63,000 on an oversold relief bounce. U.S. spot bitcoin ETFs saw $1.72 billion in outflows last week. Strategy bought 1,550 BTC for $101.3 million. Other stories: Zcash fixed a critical vulnerability, the UK proposed crypto ETN allocations, and MetaMask announced an AI wallet.
RBI and Government Measures Could Drive $40bn Inflows, Supporting INR: MUFG
MUFG analyst Michael Wan says new Reserve Bank of India and government measures could generate about $40 billion in inflows, partially plugging India's FY2026/27 balance of payments and supporting the rupee near term.
Magnificent Seven ETF (MAGS) Cycle From March 2026 Low Ends
The Magnificent Seven ETF (MAGS) has completed its cycle that began from a low on March 30, 2026, according to technical analysis.
USD/JPY Holds Firm Near 160.00 as Yen Struggles Despite Weaker US Dollar
The Japanese Yen remains under pressure, keeping USD/JPY near the psychologically important 160.00 level despite a softer US dollar. Lingering intervention fears cap upside, as traders monitor fast-changing headlines from the Middle East.