Market news
Crypto, stocks, forex and macro, aggregated for traders.
US CPI Inflation Declines to 3.5% in June vs. 3.8% Expected
The annual US CPI inflation rate fell to 3.5% in June, below the 3.8% forecast and down from 4.2% in May, according to the Bureau of Labor Statistics.
Trump Proposes 20% Fee on Strait of Hormuz Cargo, Notifies Congress of Iran Blockade
President Trump has proposed a 20% fee on cargo shipped through the Strait of Hormuz and formally notified Congress of a renewed U.S. naval blockade on Iran, according to Semafor.
San Francisco protesters call for halt to AI race
About 200 activists marched between the offices of OpenAI, Anthropic and Google DeepMind, demanding a pause on training more powerful AI models while keeping existing services running. They also urged redirecting resources to applied systems and safety.
US Oil Prices Expected Above $85 as Iran Conflict Resumes
Oil prices are forecast to rise above $85 per barrel this month as the US and Iran resume hostilities and consider transit fees on the Strait of Hormuz.
The End of the Payout Anxiety Era: Why 1-Hour Payouts are the New Industry Benchmark
FinanceFeeds highlighted Hola Prime's Deloitte-reviewed payout record, with 98.35% of withdrawals completed within one hour.
Hola Prime Puts WealthCharts Inside Its Futures Platform
Hola Prime added WealthCharts as a selectable charting and execution platform for its funded Futures accounts.
AI Wave Reaches Prop Firms as FundedNext Launches MCP Server
FundedNext launched a Model Context Protocol server giving traders read-only access to connect their accounts with AI assistants such as Claude, ChatGPT and Gemini, appearing to be the first prop firm to do so.
NinjaTrader and Alpha Futures Breakup Turns Bitter, Exposing a Big Industry Risk
After NinjaTrader severed ties, Alpha Futures said it would refund and close all active Premium accounts, escalating into a public dispute.
S&P 500 Options Volume Hits Record, Triples Since 2022
The 10-day moving average of S&P 500 options volume has reached a record ~5.5 million contracts, more than tripling since 2022, while Euro Stoxx 50 options volume remains flat, widening the gap between US and European options activity.
Report: Trump Notifies Congress US Is at War with Iran
President Trump has formally notified the US Congress that the country is at war with Iran, according to a Politico report cited by The Kobeissi Letter.
Iranian Army Targets US Military Facilities in Kuwait
Iranian state media reports that the Iranian Army has begun targeting US military facilities and equipment in Kuwait, with the army confirming strikes on US assets and vessels.
Iran FM Acknowledges Trump's Strait of Hormuz Fee, Calls 20% Too High
Iran’s Foreign Minister Araghchi agrees with President Trump’s proposal for a transit fee through the Strait of Hormuz but considers 20% excessive, offering to set a fairer rate.
Silver Price Drops Nearly 4%, Targets $55.00 as Downtrend Accelerates
Silver fell nearly 4% on Monday, breaking below $60.00 amid escalating Middle East tensions and rising inflation fears, with analysts eyeing the $55.00 level as the next support.
Yemeni Footage Warns of Strikes on Saudi Airports and Refinery
Yemeni military media released footage titled 'The Response Is Coming,' highlighting Saudi targets including King Khalid International Airport and Ras Tanura refinery.
Trump Effect: Oil Rises, Stocks Fall as Iran Tensions Escalate
Tensions between the US and Iran escalate on Monday. Donald Trump announces a naval blockade in the Strait of Hormuz and a 20% fee on cargo shipped through it, pushing oil prices higher and stock markets lower.
US Navy Warns of Sustained Presence, Possible Iran Route Diversion
The U.S. Navy-led Joint Maritime Information Center warns mariners of sustained naval presence, increased IRGC monitoring, and possible diversion of AIS-equipped vessels to a northern Iranian-controlled route, with further hostile activity likely.
US Oil Surges 9% After Trump Reimposes Strait of Hormuz Blockade
US oil prices jumped 9% after President Trump announced the reimposition of a blockade on the Strait of Hormuz, requiring ships to pay a fee equal to 20% of their cargo's value to transit.
Gold Price Plunges as Fed's Waller Warns of Possible Rate Hike
Gold (XAU/USD) fell sharply on Monday after Federal Reserve Governor Christopher Waller warned that the Fed should consider raising interest rates if this week's CPI data shows an increase.
Fed's Waller: New Policy Task Forces to Provide Valuable Insights
Federal Reserve Governor Christopher Waller said the central bank's new policy task forces will offer valuable insights, and that changing the policy framework requires independent review rather than leaving it to the current regime.
US Federal Debt Hits Record $39.4 Trillion
Total US federal debt has reached a record $39.4 trillion, rising $3.2 trillion over the past 12 months. Since 2020, debt has surged by $16.3 trillion.
Fed's Waller Cites Tariffs, Energy, AI Demand as Inflation Upside Risks
Fed Governor Christopher Waller identified tariffs, energy prices, and demand from the AI buildout as factors creating upward pressure on inflation, while noting that earlier fears of oil prices broadly pushing up costs have receded.
Waller Vows to Avoid Repeating Fed’s 2021 Mistake; Labor Market Less Tight
Federal Reserve Governor Christopher Waller stated he is determined not to repeat the policy errors of 2021, noting that the labor market is now less tight and inflation expectations remain anchored. He also highlighted resilience in household and business spending despite higher goods costs from tariffs and energy price surges from the Middle East conflict.
Fed's Waller: Committed to 2% Inflation, Avoid Over-Tightening, But Worried About Need for More Hikes
Fed Governor Christopher Waller reaffirmed his commitment to returning inflation to the 2% target while also aiming to avoid over-tightening that could trigger a recession. However, he expressed concern that tighter policy may still be necessary.
Waller: Hot Core Inflation This Week May Force Rate Hike Consideration
Fed Governor Christopher Waller said that if another hot core inflation reading appears this week, the central bank would need to consider a rate hike in the near term. He added that several months of lower core inflation are required to feel inflation is moving in the right direction.