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Turnaround Tuesday Pattern Explained as Weekend Fear Cycle
The frequently cited 'Turnaround Tuesday' pattern is not merely a market cliché but a manifestation of the weekend fear cycle, according to trading commentary.
Big Tech's AI Push Drives Record $159B Corporate Bond Issuance
Alphabet, Amazon, Meta, Microsoft, and Oracle have issued a record $159 billion in corporate bonds in 2026, already surpassing the full-year 2025 total by 47% and exceeding the combined $150 billion issued from 2020 to 2024. AI-related global debt issuance is expected to double to about $570 billion in 2026.
US-Iran Deal Proposal: Ceasefire, Hormuz Reopening, Sanctions Relief
A proposed US-Iran deal includes a 60+ day ceasefire, reopening of the Strait of Hormuz within 30 days, phased sanctions relief tied to resumed Iran oil exports, and continued nuclear talks, according to Al Arabiya.
WTI Retreats to $85 Amid Middle East Peace Hopes
West Texas Intermediate crude oil fell to around $85, its lowest since mid-April, as optimism over a resolution to the Middle East conflict pressured prices.
Trump Says Iran Deal Near Final, Cancels Military Strikes
President Trump announced he has called off planned military strikes against Iran, citing an agreement that is in its final shape.
Trump Says Iran Deal Approved by Supreme Leader, Signing 'Coming Soon'
President Trump announced that Iran's Supreme Leader has approved a US-Iran deal, with details including the lifting of the US naval blockade, a memorandum of understanding, and the shelving of the Kharg Island operation. US oil prices extended losses on the news.
Rising Treasury Yields Pose Biggest Threat to Equities Since 2008
The 3-month correlation between the 10-year Treasury yield and the S&P 500 has reached -0.62, the most negative in at least 15 years, meaning stocks fall when yields rise.
Silver Rallies 4% on Trump's Iran Strike Cancellation, Bias Bearish
Silver (XAG/USD) bounced over 4% from daily lows near $61.50 after US President Trump canceled planned attacks on Iran, though the outlook remains bearish.
Standard Chartered: China May Data Shows Solid Production, Weak Demand
Standard Chartered economists note China's May economic data revealed robust industrial output but continued soft demand, keeping the recovery uneven.
Pentagon Partially Evacuated Over Possible Air Quality Issue
The Pentagon was partially locked down and evacuated after hazmat monitors detected a possible air quality issue. Hazmat teams from the Pentagon and Arlington County Fire Department are responding; no injuries have been reported.
CENTCOM: Strait of Hormuz Open for Transit, US Forces Postured Against Iran
The US Central Command has declared the Strait of Hormuz open for transit, with safe pathways for non-blockaded vessels, hundreds of ships having passed in two months, and US forces ready to defend against Iranian aggression. Iran does not control the strait, CENTCOM stated.
Iran Military Warns of Wider War and Threatens to Halt Oil Exports
Iran's top joint military command warned that 'the fire of war' will spread and cause regional insecurity, and declared that oil and gas exports must either be for everyone or for no one.
Iran Warns of 'More Severe' Response to Any US Attack
Iran's top joint military command has blamed contradictory US behavior for regional insecurity, especially in the Strait, and threatens a harsher response if the US attacks again.
Oil Drops as US-Iran Talks Ease Supply Worries, Focus on Fed
West Texas Intermediate crude slipped 0.86% to around $89.50 on Thursday as diplomatic progress between the US and Iran reduced supply disruption fears, while traders look ahead to the Federal Reserve's rate decision.
US Equity Outflows Hit Record $13.9B, Led by Tech Stocks
Last week saw $13.9 billion in US equity outflows, the largest single-stock withdrawal since 2008, with technology stocks leading at a record $10.8 billion in sales.
Trump Orders Second Round of Strikes on Iran, Seeks Deal
President Trump ordered a second wave of strikes against Iran on Wednesday, frustrated that Tehran was not taking the initial strikes seriously. He posted on Truth Social that a new, harder round was incoming.
Trump Furious Over Perceived Weak Response to Iran Strikes
President Trump was reportedly angry this week after ordering new strikes on Iran, believing that both Tehran and the media did not view the action as sufficiently powerful, according to two people familiar with his reaction.
Trump Furious Over Perceived Weakness of Iran Strikes
President Trump was reportedly furious this week after ordering new strikes on Iran, believing both Tehran and the media did not view the US military action as powerful enough, according to two people familiar with his reaction.
Ghalibaf warns impulsive decisions will destabilize Iran's energy and markets
Iranian politician Mohammad Bagher Ghalibaf cautioned that wrong strategies and impulsive decisions could reset the board for the worse, triggering an explosion in energy infrastructure and markets and creating a long-term quagmire.
US Inflation Returns to Pandemic Stimulus Levels
A market commentator warns that US inflation has climbed back to levels last seen after the $4 trillion pandemic stimulus, with most Americans reportedly unaware of the situation.
Oil Spikes on US-Iran Tensions, Analysts Flag Supply Risks and $150 Potential
Oil prices initially surged on renewed US-Iran tensions before pulling back, but BNY's Bob Savage warns that supply disruption fears and the fragility of any peace deal could push crude as high as $150.
UAE Pursues Bold Economic Ambitions with Oil and AI Investments
UAE leaders are pressing ahead with ambitious economic plans involving billions of dollars in increased oil production and AI data centers, while maintaining ties with Iran that were key for sanctioned oil trade before the war.
US Officials Warn Trump of Heavy Casualties in Potential Military Operation
CNN reports that officials have informed President Donald Trump that a planned military operation would likely require a significant number of ground troops and could result in heavy US casualties.
ECB's Lagarde Says Short-Term Inflation Expectations Have Risen
ECB President Christine Lagarde stated that short-term inflation expectations have increased, following the central bank's decision to raise key rates by 25 basis points at its June policy meeting.