Market news
Crypto, stocks, forex and macro, aggregated for traders.
HSBC: Hawkish Pivot Reshapes Global Macro as Oil, China Exports, US AI Surge
HSBC Asset Management flags a hawkish pivot in its weekly outlook, driven by higher oil prices, a surge in Chinese exports, and rising US AI investment.
Tesla Cup and Handle Pattern Targets $765 Amid Peace Deal Tailwinds
Tesla shares extended gains on Friday, supported by a potential US peace deal, with a cup-and-handle pattern pointing to a $765 target.
AUD/USD Rises as US-Iran Framework Lifts Risk Appetite Ahead of RBA Decision
AUD/USD trades higher around 0.7070, up 0.35% on the day, as a US-Iran framework agreement boosts risk appetite ahead of the Reserve Bank of Australia decision.
USD Extends Losses After US-Iran Interim Deal – MUFG
MUFG’s Lee Hardman notes the US Dollar has extended losses after the US and Iran reached an interim agreement to end conflict and reopen the Strait of Hormuz.
European Regulator Orders Unlicensed Platforms to Cease EU Operations After Transition Periods
The European regulator demanded that unlicensed platforms stop operating in EU countries once national transition periods expire. It also urged market participants to obtain licenses promptly and warned of risks to investors.
BBH: Riksbank to Hold Rate at 1.75%, Lean Against Hike Expectations
Brown Brothers Harriman expects the Riksbank to keep its policy rate unchanged at 1.75% for a sixth consecutive meeting and push back against market expectations of a 25 basis point hike.
US-Iran MoU Unwinds War Risk Premium; Rate Decisions Ahead
Reports of a US-Iran Memorandum of Understanding are unwinding the Iran war risk premium, though the deal remains to be signed and nuclear issues persist. Meanwhile, SpaceX gains in premarket and a packed week of central bank rate decisions begins.
Silver Rises 3.91% on Monday to $70.69
Silver prices climbed on Monday, reaching $70.69 per troy ounce, a 3.91% increase from the previous level of $68.03, according to FXStreet data.
WTI crude plunges to three-month low below $79 on US-Iran deal hopes
West Texas Intermediate crude oil fell around 5% to a three-month low of $78.60 per barrel on Monday, as reports of a potential US-Iran deal eased supply concerns.
Eurozone Industrial Production Rises 0.1% in April, Misses Estimates
Eurozone industrial output edged up 0.1% month-on-month in April, below the 0.3% consensus, while March's growth was revised higher to 0.4%.
USD/CHF Slides Below 0.7950, Technicals Hint at Bullish Bias
USD/CHF fell nearly 0.5% to trade around 0.7930 during European hours on Monday. Despite the dip, the daily chart shows the pair remains inside an ascending channel, suggesting the bullish trend may continue.
EUR/GBP Bulls Test 0.8644 Resistance on Risk-On Sentiment
The euro strengthened against the pound on Monday, with EUR/GBP approaching one-week highs near 0.8645 as risk appetite improved.
Slovenia GDP Growth Accelerates to 3% in Q1 2026, External Risks Linger
Slovenia's GDP grew 3% year-on-year in the first quarter of 2026, driven by domestic demand, though negative inventory contributions and weak external trade weighed on the headline figure.
Euro Rises vs Yen on US-Iran Deal; BoJ in Focus
The Euro strengthened against the Japanese Yen during Monday's European session, gaining 0.26% to near 185.85, supported by a US-Iran agreement. Market attention now turns to the Bank of Japan's policy outlook.
BBH: BoJ Hike Offers Limited Yen Relief
Brown Brothers Harriman expects the Bank of Japan to raise rates by 25 bps to 1.00%, but sees limited potential for a sustained yen rally.
Dow Jones Futures Surge on US-Iran Peace Deal
Dow Jones futures rose over 1% to near 51,750 during European trading on Monday, driven by a US-Iran peace deal. S&P 500 and Nasdaq 100 futures also advanced.
Qatar to Host Separate US-Iran Meetings Before Deal Signing
Qatar will hold separate meetings with US and Iranian officials in Doha to resolve critical differences ahead of a deal signing on Friday, according to a diplomatic source cited by AFP and reported by The Economic Times.
Dollar Faces Downside Risks on US-Iran Ceasefire, ING Says
A US-Iran ceasefire and the reopening of the Strait of Hormuz are putting pressure on the dollar as energy prices fall and risk assets rally, according to ING analysts.
Ethereum Foundation Unveils SPHINCS- Quantum-Resistant Account Protection
Ethereum Foundation project lead Nicolas Consigny has introduced SPHINCS-, a quantum-computer attack protection concept for wallets that requires no hard fork and costs about $0.07 per implementation.
US Responsible for Implementing Agreement, Leader Says
A statement reports that a leader credited the US with implementing an agreement and thanked three countries for supporting a ceasefire and diplomatic efforts.
British Pound Hits 10-Day High at 1.3460 on Dollar Weakness, Peace Hopes
The GBP/USD pair rose to a fresh 10-day high of 1.3460 on Monday as the US dollar weakened amid a brighter market mood driven by peace hopes. However, the pair remains within its four-week trading range as focus shifts to upcoming central bank decisions.
ECB's Nagel: Oil Supply Normalization Will Take Months, Inflation Remains High
ECB Governing Council member Joachim Nagel stated that it will take months for oil supply to return to normal and that there is no relief from high inflation in the foreseeable future, despite the US-Iran deal finalization.
ECB's Kazaks Warns Upside Inflation Risks Remain, Ready to Hike Rates
European Central Bank Governing Council member Martins Kazaks said the bank is ready to raise interest rates, citing persistent upside inflation risks despite a US deal.
Silver Price Forecast: XAG/USD Trades Above $70.00, Extends Gains
XAG/USD continues its rally for a third day, trading around $70.30 and breaking above a falling wedge pattern, signaling potential bullish momentum.