Market news
Crypto, stocks, forex and macro, aggregated for traders.
US Treasuries Post Worst Real Returns Since 1980s, Structural Bear Market
Over the past decade, US Treasuries have delivered an average annual inflation-adjusted return of -3%, the worst since the 1980s, while the S&P 500 returned +12%. The gap between stocks and bonds is the widest since the 1960s.
AUD/USD Stalls Near 0.7300, Awaits Catalyst
The Australian dollar's uptrend from late March has lost momentum near the 0.7300 resistance, with traders now watching for a fresh catalyst to resume the rally.
Pre-Weekend Derisking Triggers Selling in Key Sectors, Not Peace Deal Fears
Stock bulls showed no fear of the long weekend, but selling hit key sectors before the close. The move is attributed to derisking rather than expectations that a peace memorandum could collapse.
Oil Prices Slide on Renewed Peace Talks Optimism
Oil prices fell sharply on Monday as optimism about peace talks between Russia and Ukraine dampened supply concerns, reversing earlier gains from a gap higher at the weekly open.
MUFG: Asian Currencies Set to Gain on Growth Gap, AI Exports
MUFG analyst Michael Wan says stronger regional growth differentials versus the US should support Asian currencies, especially in AI-linked export economies like South Korea, Taiwan, and Malaysia.
AUD/USD Falls Near 0.7000 Ahead of US PCE Data
The Australian dollar slipped against the US dollar, approaching the 0.7000 level, as traders adopt a cautious stance ahead of the release of the US PCE inflation report.
EUR/USD Hovers Near Three-Month Lows Amid Hawkish Fed, Mideast Talks
EUR/USD remains under pressure near three-month lows as expectations of a hawkish Federal Reserve boost the US Dollar, while progress in US-Iran talks reduces safe-haven demand but does not offset USD strength.
Dow Jones Rises 0.3% in Misleading Rally
The Dow Jones Industrial Average gained 167 points on Monday, but the advance is considered deceptive as market conditions remain broadly bearish.
Q2 Crypto Hacks Hit Record 83 Incidents, Losses Exceed $755 Million
The second quarter saw a record 83 crypto protocol hacks, with total losses of $755.3 million. The largest attacks targeted KelpDAO and Drift Protocol, while cross-chain bridge incidents accounted for $351 million.
Iran’s Top Negotiator Travels to Oman to Discuss Strait of Hormuz Cooperation
Iran's chief negotiator will visit Oman for talks on bilateral cooperation and managing arrangements in the Strait of Hormuz, according to Foreign Minister Araghchi.
SOX Semiconductor Index Posts Historic Volatility, Up 175% in Year
The Philadelphia Semiconductor Index (SOX) has seen nine single-day gains of 5% or more in the last 60 trading days—a level last seen in January 2009. The index is up 175% over the past 12 months and trading at all-time highs.
USD/SGD Range Trade Supported Around 1.29 – UOB
UOB analysts note USD/SGD remains supported near 1.29 as the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) trades near the top of its band, suggesting the pair will hover close to this level.
British Pound Rises as US-Iran Talks Offset UK Political Shock
The Pound Sterling advanced 0.14% on Monday as US-Iran negotiations laid a "good foundation" after the first round of talks, offsetting domestic political uncertainty.
BNY: Carry Trade Unwinding Signals Potential Recovery
BNY's Geoff Yu notes that iFlow Carry has turned negatively significant for the first time in 2026, indicating ongoing unwinding but also a potential contrarian opportunity.
USD/JPY Retreats from 161.90 Highs, Hits 161.07 on Intervention Watch
The USD/JPY pair fell to 161.07 on Monday, retreating from highs near 161.90, as traders remain alert to possible Japanese intervention after the pair approached four-decade highs.
Nomura: GBP Calm on Starmer Resignation, Focus on Burnham PM Prospects
Nomura's Dominic Bunning notes that the British pound has reacted calmly to Keir Starmer's resignation, with market attention shifting to the likelihood of Andy Burnham becoming Prime Minister and his policy choices.
Tether Blacklisted 2362 Addresses, Blocked $1.64B in Six Months
USDT issuer Tether has added 2,362 addresses to its blacklist over the past six months, freezing $1.64 billion in tokens across Ethereum and TRON networks. The move highlights the centralized control even on non-custodial wallets.
Silver Rises on US-Iran Diplomatic Progress, Upside Capped by Hawkish Fed
Silver (XAG/USD) edged higher on Monday, snapping a three-day losing streak, as diplomatic progress between the US and Iran boosted investor interest, though gains were limited by a hawkish Federal Reserve outlook.
BoC Holds Steady as Core Inflation Stays Contained Despite Headline Rise
National Bank of Canada analysts note that headline inflation rose to 3.2% in May, but the Bank of Canada remains patient due to contained core inflation. Gasoline and food drove the increase.
Chinese AI stocks surge as Zhipu, MiniMax gain hundreds of percent YTD
Zhipu shares have jumped over 2,000% year-to-date in Hong Kong, while rival MiniMax has gained 260%. The rally follows new Chinese government measures to boost AI adoption across multiple sectors.
TD Securities: Fed Hawkish Hold Through 2027
TD Securities forecasts the Federal Reserve will maintain a hawkish stance and keep policy rates unchanged through 2026, potentially extending into 2027.
Deutsche Bank: Sterling Risk Premium Already Priced In Ahead of UK Leadership Shift
Deutsche Bank notes that markets have largely anticipated a change in UK leadership, leaving the risk premium on sterling already priced in ahead of the Autumn Budget.
Canada Inflation Hits 3.2% in May on Energy, Airfares, Food – RBC
Canadian consumer price inflation rose to 3.2% year-over-year in May, driven by higher energy costs, airfares, and food, according to RBC economist Abbey Xu.
USD/CAD Holds Near April Highs Despite Stronger Canadian CPI
The Canadian Dollar failed to rally on stronger-than-expected inflation data, leaving USD/CAD little changed near 1.4165, its highest since April.