Market news
Crypto, stocks, forex and macro, aggregated for traders.
Google DeepMind CEO Proposes US Standards Body to Test AI Models Before Release
Demis Hassabis, CEO of Google DeepMind, has proposed the creation of a US standards authority to evaluate the most powerful AI models before public release, covering cybersecurity, biological threats, and system deception.
ABN AMRO: US CPI surprise shapes Fed rate path
ABN AMRO's Rogier Quaedvlieg analyzes the recent downside surprise in US CPI data and its implications for the Federal Reserve's interest rate trajectory.
CEE House Prices Continue Steady Upward Trend: Eurostat
Residential property prices in Central and Eastern Europe are showing sustained growth, according to the latest Eurostat data released about two weeks ago.
JPMorgan: Oil Risk Shifts North of Hormuz
JPMorgan warns that the most significant oil supply risk is no longer the Strait of Hormuz but a new threat nearly 2,000 miles farther north.
US Inflation Slips, Monthly Figure Most Negative in Six Years
US inflation came in softer than expected, with the monthly reading turning negative for the first time in six years, driven largely by falling energy prices.
WTI Balances as Softer Inflation Reshapes Demand Outlook
WTI crude oil is entering Wednesday's session in a market where macroeconomic conditions and physical oil logistics are beginning to rebalance, following weeks dominated by geopolitical headlines and monetary policy.
ECB's Kocher: Ready to Act on Monetary Policy if Needed
European Central Bank Governing Council member Martin Kocher said the central bank is prepared to implement monetary policy measures at any time if required.
WTI Crude Consolidates Around $79.00, Above Key Technical Levels
West Texas Intermediate crude oil trades in a narrow range during Asian session, consolidating weekly gains near a one-month high, while holding above the 200-day EMA and 23.6% Fibonacci retracement level.
Soft CPI Eases Fed Hike Pressure Amid AI and Oil Concerns
The latest CPI data came in soft, reducing the likelihood of an imminent Federal Reserve rate hike. Meanwhile, AI energy demands hit a power wall and oil supply routes are being rerouted around the Strait of Hormuz.
China NBS: Economy Remains Resilient Despite Q2 Slowdown
The Deputy Head of China's National Bureau of Statistics expressed confidence on Wednesday that the economy remains resilient despite a second-quarter slowdown.
Trump Discusses 'Massive Offensive' in Iran at Situation Room Meeting
President Trump held a Situation Room meeting to discuss a broader offensive against Iran, threatening that Tehran 'better make a deal' or face devastating strikes.
US CENTCOM Ends Latest Round of Strikes Against Iran
The US military's Central Command confirmed it conducted another set of strikes against Iran, concluding the latest round of operations.
China Q2 GDP Grows 4.3% YoY, Misses 4.5% Forecast
China's economy expanded 4.3% year-on-year in Q2 2026, below the market consensus of 4.5% and slowing from 5.0% in Q1, according to official data.
China Q2 GDP Growth Misses Expectations at 4.3% YoY
China's economy grew 4.3% year-on-year in the second quarter of 2026, below the 4.5% forecast and slowing from 5.0% in Q1, official data showed Wednesday.
China Q2 GDP grows 0.9% QoQ, matching expectations
China's economy expanded 0.9% quarter-on-quarter in Q2 2026, slowing from 1.3% in Q1 and in line with market forecasts, according to official data from the National Bureau of Statistics.
China Q2 GDP Grows 0.9% QoQ, Matching Expectations
China's economy expanded 0.9% quarter-on-quarter in Q2 2026, in line with market forecasts and slowing from 1.3% in Q1, according to official data.
Iran Claims Destruction of US Military Supply Center in Kuwait
Iran's Revolutionary Guard says it destroyed a main supply and support center linked to the US military in Kuwait's Abdullah Port area, escalating regional tensions.
WTI Refining Margin Hits Record $59 per Barrel
The 3-2-1 WTI refining margin has reached a record $59 per barrel, nearly tripling since the start of 2026, driven by a severe global refining capacity shortage due to the Iran War and attacks on Russian refineries.
WTI oil rises for third day as Trump threatens Iran strikes
West Texas Intermediate crude oil extended gains for a third consecutive session, trading near $79.20 during Asian hours on Wednesday, after US President Donald Trump threatened additional military strikes on Iran.
Asia-Pacific Equities Rise on Wall Street Lead, Easing Inflation, Trump's Hormuz Fee Withdrawal
Asia-Pacific stocks advanced Monday, tracking a positive Wall Street session after weaker-than-expected US inflation data reduced expectations for further Fed tightening. Sentiment was further boosted by President Trump's decision to drop a proposed 20% fee on vessels passing through the Strait of Hormuz.
Asian Markets Surge on Softer US Inflation Data, Tech Stocks Lead
Asian markets advanced after weaker-than-expected U.S. inflation data boosted global risk sentiment and reduced expectations of an imminent Federal Reserve rate hike. South Korea's KOSPI surged 6%, led by a strong rebound in technology stocks, while Japan and Australia also posted gains.
Rio Tinto Maintains Copper Guidance, Cites Higher Diesel Costs for Iron Ore
Rio Tinto has kept its full-year copper production guidance unchanged and stated that the Middle East conflict has not materially affected operations. However, higher diesel prices have pushed up costs at its Pilbara iron ore operations.
Rio Tinto Q2 Copper Output Falls 7% on Utah Smelter Outage
Rio Tinto reported a 7% sequential decline in second-quarter copper production due to an unplanned outage at its Kennecott smelter in Utah, with repairs expected to take about six months.
JoinProp Selects The Trading Pit as Official Partner for Its $200,000 Trading Challenge Giveaway
JoinProp named The Trading Pit the official partner for its $200,000 challenge-account giveaway, with the winner to be drawn in early September 2026.