Market news
Crypto, stocks, forex and macro, aggregated for traders.
ABN AMRO Sees Market-Friendly Burnham Path After Starmer Exit
ABN AMRO economists assess the market implications of UK Prime Minister Starmer's resignation, with Andy Burnham seen as likely successor. They describe the path as market-friendly.
WTI Crude Drops Below $70, Approaching Pre-War Levels Amid Easing Gulf Supply Concerns
West Texas Intermediate crude oil extended its sharp decline, trading around $69.70, down 4.40% on the day and hitting its lowest level since March as fears over Gulf supply disruptions subsided.
US New Home Sales Miss Forecast in May, Drop to 580,000
May new home sales in the US fell to 580,000 units, missing the 640,000 forecast and declining from April's 622,000, signaling cooling housing demand.
Moody's: Iran Conflict Costs US Families $100 Billion
Moody's estimates the US-Iran conflict has cost American households $100 billion through higher government spending and energy expenses, with ripple effects on inflation and economic strain.
US Stock Indices Open Mixed: S&P 500 and Nasdaq Edge Higher, Dow Dips
At market open, the S&P 500 rose 0.09% to 7,372.40, the Nasdaq gained 0.04% to 25,597.90, while the Dow Jones fell 0.06% to 51,636.15.
WTI under bearish pressure as CTA liquidation nears end: TD
TD Securities analysts flag persistent selling pressure on WTI crude despite signs that CTA liquidation is almost complete, while elevated flows through the Strait of Hormuz weigh on market sentiment.
US-Iran Talks Set 60-Day Window for Oil Price Direction
The next 60 days of US-Iran negotiations will determine oil price trajectory, with markets pricing out worst-case Middle East scenarios but remaining cautious.
CENTCOM Reaffirms Commitment to Defeating ISIS Remnants
U.S. Central Command stated that it and its partners remain dedicated to eliminating remaining ISIS elements to ensure their enduring defeat, while continuing to protect the U.S. homeland and allies.
CENTCOM Strike Kills Terrorist Ali Husayn Al-‘Ulaywi in Ongoing Anti-Terror Efforts
U.S. Central Command confirmed a precision strike killed terrorist Ali Husayn Al-‘Ulaywi as part of ongoing efforts to disrupt attacks on Americans and the U.S. homeland.
Aluminium Deficit View Intact After Risk-Off Selloff – ING
ING analysts Warren Patterson and Ewa Manthey note that aluminium led a broad metals selloff triggered by a sharp global equity decline and a more hawkish Federal Reserve, but the underlying deficit view remains unchanged.
Trump: Iran Says No Tolls on Ships in Strait of Hormuz; US to Fund Food for Iran
President Trump stated that Iran has informed the US it does not seek or receive tolls or charges on ships transiting the Strait of Hormuz. He also announced the release of Iranian funds to US farmers and ranchers to purchase food for Iran exclusively from the United States.
Gold Sell-Off Sharp After Record Highs, ING Says Slower Grind Higher
ING’s commodities strategist Ewa Manthey notes gold sold off sharply after record highs, pressured by higher Treasury yields, a stronger dollar, and weaker ETF demand. Forecasts have been cut but a slower grind higher is expected.
Trump: Iran Denies Charging Ships in Strait of Hormuz
President Trump says Iran told the U.S. it is not seeking tolls, insurance costs, or other charges on ships transiting the Strait of Hormuz, contradicting some media reports. He also states no money has been given to Iran, but some funds will be used to buy U.S. food for Iran.
Hawkish Fed Sparks Risk-Off, Markets in Consolidation
Risk assets continue to decline as the Federal Reserve's hawkish stance at last week's FOMC meeting fuels risk-off sentiment and keeps markets in consolidation.
Iran: Nuclear Site Access Only Within Final US Agreement
Iran's deputy foreign minister stated that access to attacked nuclear sites and materials will only be examined within a final agreement with the US.
Oil Drops Below $80 on US-Iran Thaw, Yield Outlook Signals Rate Hikes
Oil prices slipped below $80 as a more conciliatory US-Iran tone and increased shipping in the Strait of Hormuz eased energy pressures. Meanwhile, a new central bank chair has cemented expectations for further rate hikes.
Oil prices cool as Europe heatwave intensifies, tech sector volatile
Oil prices decline amid an intensifying heatwave in Europe and ongoing volatility in the tech sector, as markets continue to digest asymmetries.
France Detects First Imported Ebola Case
French authorities have detected an Ebola case in a doctor recently returned from the Democratic Republic of Congo, initiating isolation and contact tracing.
OpenAI releases full GPT-5.5-Cyber model for cybersecurity specialists
OpenAI has launched the complete version of GPT-5.5-Cyber, a model specialized in finding, checking, and fixing vulnerabilities. The release comes amid restrictions on rival Anthropic and is limited to verified cybersecurity professionals under the Daybreak program.
AI Drives Nasdaq Higher as Oil Warns of Inflation Return
The Nasdaq 100 continued its rally in the first week of June, supported by AI optimism, while oil prices hinted at a potential comeback of inflation.
UAE Oil Exports Rebound to 85% of Pre-Conflict Levels
UAE crude shipments have recovered to 85% of Abu Dhabi's pre-conflict levels, signaling a rapid normalization of energy exports from the Gulf region despite ongoing Middle East tensions.
WTI Oil Drops Below $72 as Iran Eases Strait of Hormuz Tensions
WTI crude oil extended its decline below $72.00 on Wednesday, hitting its lowest level since the UAE and Israel attacked Iran in late... as Iran eased its grip on the strategic Strait of Hormuz.
Tech Rout Sends US Stocks Lower, Dollar Hits Fresh 2026 High
US equity benchmarks fell sharply on Tuesday as a selloff in technology stocks deepened, while the US dollar strengthened to a new high for 2026.
Gold Falls Toward $4,000 on Strong USD, Fed Expectations
Gold has retreated toward $4,000 per ounce amid a broad market sell-off, pressured by a stronger US dollar and expectations of higher-for-longer Federal Reserve policy, according to ING analysts.