Market news
Crypto, stocks, forex and macro, aggregated for traders.
Trump Warns Iran to Stop Proxies in Lebanon, Threatens Severe Response
Donald Trump posted on Truth Social, demanding that Iran immediately stop its proxies in Lebanon from causing trouble, warning of a stronger military strike if they do not comply.
US Economic Data Week: PCE, GDP, PMI, Consumer Sentiment
A busy week of US economic data includes S&P Global PMI, new home sales, PCE inflation, Q1 GDP revision, and consumer sentiment. Inflation remains the focus.
Axelar bridge with Secret Network exploited for $4.67M via infinite mint bug
Axelar reported a hack on its bridge with Secret Network, with an attacker stealing about $4.67 million using an infinite mint vulnerability. The theft went undetected for seven days.
Iran Warns Israeli Presence in Lebanon Would Void US-Iran Peace Deal
Iran warned that continued Israeli military presence in southern Lebanon would nullify the US-Iran peace agreement, as Israel's defense minister confirmed no withdrawal from the area.
NSA Confirms Mythos Breached Classified Networks Within Hours
The NSA has confirmed that an entity known as 'Mythos' penetrated nearly all classified systems within hours, marking a significant cybersecurity incident.
IAEA Director Meets Swiss FM on Iran Developments
The head of the International Atomic Energy Agency met with the Swiss Foreign Minister in Burgenstock to discuss the latest on Iran and the agency's role.
Crypto Markets See Mild Gains Led by Solana, Avalanche
Major cryptocurrencies traded mostly higher, with Solana and Avalanche posting notable gains while Bitcoin held above $64,000 and Ethereum remained near $1,730.
Iranian Foreign Minister Meets Swiss Counterpart in Burgenstock
Iranian Foreign Minister Abbas Araghchi met Swiss Foreign Minister Ignazio Cassis in Burgenstock on Sunday, marking the first official event of the Iranian delegation’s visit to Switzerland.
Warsh Holds Fed Rate Steady, Vows to Make Policy Unreadable for Markets
Kevin Warsh kept the Fed's benchmark rate unchanged at 3.50%-3.75%, but his first press conference as chair signaled a radical shift toward opacity, dismantling the forward-guidance framework markets have relied on for a decade.
MEV Bot Jaredfromsubway.eth Loses $7.5M in Ethereum Attack
The well-known MEV bot operator Jaredfromsubway.eth suffered a loss of over $7.5 million in assets due to an attack on its automated execution system on Ethereum.
Iran Oil Sector Eyes Major Investment Opportunities Post-Agreement
Iranian official Paknejad said the country's oil sector is preparing to offer significant investment opportunities globally once an agreement is reached, with hundreds of projects and contracts ready for signing.
Iran Oil Minister Says Industry Key Test for US Peace Deal
Iran's Oil Minister Mohsen Paknejad stated that the country's oil sector will serve as a critical testing ground for any final peace agreement with the US, provided Western parties remain committed to the deal's spirit.
India to Hold Off on US Trade Deal Until Tariff Advantage Secured
India's Commerce Minister Piyush Goyal stated that while the framework for a trade deal with the US has been finalized, India will not implement the agreement until it secures a tariff advantage.
Iranian Newspaper Editor Revives Claim That Bahrain Is Part of Iran
Hossein Shariatmadari, editor of the hardline Iranian newspaper Kayhan, has stated that Bahrain is historically part of Iranian territory and was separated through a conspiracy involving the former Shah, the UK, and the US.
European CLO equity default raises credit-market red flags
A European collateralized loan obligation managed by Bain Capital affiliates has defaulted on its most junior tranche, the first such equity default since post-2008 regulatory reforms.
Robinhood Supports Effort to Eliminate Little-Known Market Rule
Robinhood Markets is backing a push to remove an obscure market rule, arguing the change would modernize U.S. equity trading and improve efficiency.
Wealthy Americans Increasingly View Economic System as Rigged
A growing number of affluent Americans believe the economic system is stacked against them, citing rising living costs, housing affordability, taxes, and healthcare expenses.
German Farmers Face Liquidity Squeeze as Crop Prices Fall, Costs Rise
Falling agricultural prices and rising input costs are squeezing margins for German farmers, raising the risk of a liquidity crunch across Europe's largest economy.
JD Vance Warns Israeli Critics of Iran Deal: Trump Is Your Only Ally
US Vice President JD Vance issued a sharp warning to Israeli officials opposing the US-Iran agreement, stating that President Trump remains Israel’s only major ally.
Bears Warn US Stocks Most Overvalued in 100 Years as Retail Buying Hits Record
A growing group of market bears argue that U.S. equities show signs of a major top, citing record valuations, surging retail participation, high leverage, and AI-fueled exuberance.
Wall Street Moves Toward 24-Hour Trading; Banks and Exchanges Build Always-On Markets
Major U.S. banks, trading firms, and stock exchanges are working to enable 24-hour trading for stocks and other assets, mirroring the round-the-clock nature of cryptocurrencies and global electronic markets.
Economists Unanimous on AI Productivity Gains but Split on Job Impact
A survey of 16 prominent economists reveals a consensus that artificial intelligence will significantly boost productivity, yet deep divisions remain over its effects on employment and wages.
US to Push Iran for UN Nuclear Inspections in Exchange for Sanctions Relief
The United States is expected to press Iran for UN nuclear inspections during upcoming talks, with billions in frozen assets as potential leverage.
Foreign Demand for US Treasuries Remains Strong as Japan and UK Buy, China Cuts
Foreign holdings of U.S. Treasuries rose $3.9 billion in April to $9.35 trillion, the second-highest level on record, with Japan and the UK increasing their positions while China reduced its stake.