Market news
Crypto, stocks, forex and macro, aggregated for traders.
British Pound Holds 1.3400 as Fed Decision Looms
The British Pound holds above 1.3400 on Tuesday as the US Dollar recovers ground, with geopolitical tensions easing after the US-Iran peace agreement. GBP/USD trades with minimal losses ahead of the Federal Reserve's policy decision.
Iran Urges Israel to Withdraw from Lebanese Territories
Iran's top negotiator Mohammad Qalibaf told Lebanon's Parliament Speaker that Israel must withdraw from occupied areas in Lebanon and allow displaced residents to return home.
Australian Dollar Rises After Hawkish RBA Hold, Eyes on Fed
The Australian Dollar strengthened against the US Dollar on Tuesday after the Reserve Bank of Australia held rates steady with a hawkish tone, with AUD/USD trading around 0.7070.
BoJ Hikes Rate to 1%, Highest Since 1995, Yen Impact Muted
The Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years, but the move had little effect on the yen, which remains near 160 per dollar.
Gold Surges as US-Iran Tensions Ease on Reported Deal
Gold rallied at its fastest pace in two months after reports surfaced that Donald Trump canceled strikes against Iran and that a deal was reached between Washington and Tehran.
Serbia Grants 15-Day Extension for MOL, Gazprom Talks on NIS Stake
Serbia's President Aleksandar Vucic stated that Hungary's MOL and Russia's Gazprom Neft and Gazprom should receive a 15-day extension for negotiations to acquire a 51.56% stake in NIS, a Serbia-based oil company under U.S. sanctions.
Silver Advances on US Dollar Weakness Ahead of Fed Decision
Silver (XAG/USD) rose to around $70.45, up 0.60%, as the US dollar weakened ahead of the Federal Reserve's monetary policy decision.
Public Confidence in CEOs Continues to Decline
Recent trust surveys show weakening public confidence in CEOs, with many believing business leaders are disconnected from workers and too focused on shareholders.
US Tells NATO It Will Cut Crisis-Response Assets, Asks Allies to Fill Gaps
The Trump administration has informed NATO allies that the U.S. will reduce military assets assigned to the NATO Force Model, pressing European allies and Canada to contribute more aircraft, drones, surveillance platforms, tankers, and naval vessels.
Analysts Split as Bitcoin Rally Lacks Buyer Engagement
Despite a slight boost from US-Iran deal news, Bitcoin's recovery to $66k is dismissed by Wintermute as a bear-market rally while Swissblock notes record-low buyer involvement.
Spacex Market Cap Surpasses Amazon After IPO Surge
SpaceX's market value jumped to $2.7–$2.75 trillion following its IPO rally, overtaking Amazon to become the fifth-largest company worldwide.
UK to Restrict Social Media Access for Under-16s by Spring 2027
The UK government plans to introduce restrictions on social media use for citizens under 16, following the Australian model. The regulations are expected by the end of December, with first measures in spring 2027.
Hawkish RBA Fails to Boost Australian Dollar Amid Growth Worries
The Reserve Bank of Australia's hawkish hold was more aggressive than markets expected, but the Aussie dollar failed to rally as investors focused on slowing economic growth instead.
U.S. Stocks Open Mixed: Dow Up, S&P 500 and Nasdaq Down
The Dow Jones Industrial Average rose 0.43% at the open, while the S&P 500 edged down 0.03% and the Nasdaq slipped 0.13%.
Euro Upside Limited vs Dollar, Says National Bank of Canada
National Bank of Canada sees limited upside for the euro against the US dollar, citing favorable US growth and interest rate differentials.
Marvell Technology (MRVL) Target $400 on Elliott Wave III Expansion
Marvell Technology (MRVL) is flagged for a potential rally to $400, driven by an Elliott Wave III expansion pattern that signals a powerful upside move.
British Pound Rebounds as Yen Fails to Hold BoJ Rate Hike Gains
GBP/JPY recovers from a short-lived pullback after the Bank of Japan's hawkish rate hike, currently trading around 215.10.
Top 10 US Stocks Reach $25.3 Trillion Market Cap, Exceeding China's GDP
The combined market capitalization of the top 10 US stocks has hit $25.3 trillion, surpassing China's GDP of $19.4 trillion and making them the second-largest stock market in the world if considered separately.
BoJ Hawksish Hike to 1.0% Bolsters Yen Outlook – BNY
BNY's Bob Savage says the Bank of Japan's 25bp rate hike to 1.0% and continued JGB tapering signal confidence in underlying inflation, supporting the yen.
OCBC: Limited USD Downside as Fed Caution Persists
OCBC’s Sim Moh Siong warns that recent risk-on sentiment following a U.S.-Iran understanding has only triggered a modest pullback in yields and the dollar, while AI-driven growth, Fed event risk, and oil dynamics continue to underpin the greenback.
RBA Holds Rate at 4.35%, Maintains Tightening Bias
The Reserve Bank of Australia kept its cash rate unchanged at 4.35% while reaffirming a tightening bias, signaling further rate hikes remain possible if inflation pressures persist.
USD/JPY Steady After BoJ Decision, Focus Shifts to Fed
Rabobank notes that USD/JPY is little changed after the latest Bank of Japan meeting, with market attention now on the upcoming Federal Reserve decision and the new Fed President.
NBC: USD/CAD to Stay Range-Bound on Central Bank Expectations
National Bank of Canada expects USD/CAD to remain broadly range-bound, with recent moves driven by shifting expectations for the Federal Reserve and Bank of Canada.
Trump Signals Progress on Iran Deal, Eyes Full Reopening of Hormuz
President Trump outlined next steps in the Iran agreement, stating the deal's text will be released soon and that the Strait of Hormuz should be fully reopened.