Market news
Crypto, stocks, forex and macro, aggregated for traders.
Anthropic Accuses Alibaba of Unauthorized Access to AI Models
Anthropic has accused Alibaba of unauthorized access to its AI models, detailing allegations in letters to US senators and the White House amid rising US-China tensions over AI.
WTI Crude Falls to Lowest Since March as Hormuz Shipping Normalizes
West Texas Intermediate crude oil slid more than 3% to its lowest level since March as stranded cargoes in the Strait of Hormuz gradually return to the market after a US-led interim peace agreement.
Gold and WTI Crude Slide Through Key Support Levels
Commodities are under pressure as gold and WTI oil break below important technical levels, according to Chris Beauchamp, Chief Market Analyst at IG.
IDF and Lebanese Army Clash Over Withdrawal Scope, Axios Reports
Representatives of the Israeli Defense Forces and the Lebanese Army presented contradictory and rigid positions regarding the extent and starting areas of the Israeli withdrawal, according to an Axios reporter.
Silver Hits New Yearly Low on Fed Rate Hike Fears, PCE Caution
Silver (XAG/USD) extended its correction to a fresh yearly low near $58.75, dropping 4.62% on the day as expectations of further Federal Reserve rate hikes and caution ahead of PCE data weighed on the precious metal.
VIX Call-Put Ratio Hits Highest Since July 2025 as Investors Seek Downside Protection
Open interest in VIX call options relative to puts has climbed to ~3.1, the highest since July 2025 and the second-highest since February 2025. Meanwhile, the spread between VIX and S&P 500 20-day realized volatility has narrowed to near zero, making volatility protection historically cheap.
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.