Market news
Crypto, stocks, forex and macro, aggregated for traders.
EU Countries Agree to Extend Message Scanning Regime for Child Safety
European Union member states have agreed to prolong a temporary regime for scanning social media messages to detect users suspected of distributing child sexual abuse material, an initiative advanced by the current presidency.
WTI Oil Extends Correction After Hitting Two-Week High, Trades Near $71.50
West Texas Intermediate (WTI) crude oil futures edged lower to near $71.50 during the European session on Friday, extending a pullback from a fresh two-week high of $75.73, as signs of de-escalation in US-Iran tensions weigh on prices.
Brent Oil Retraces Gains on Fragile Iran-US Ceasefire – Rabobank
Rabobank strategist Molly Schwartz notes that Brent crude traffic through the Strait of Hormuz remains constrained despite a nominal ceasefire between the US and Iran, as war insurance costs surge and shipowners are advised to pause transit.
Deutsche Bank: Tech and Chips Drive Equities Relief Rally
Deutsche Bank strategists note a strong semiconductor rally and lower oil prices lifted global equities, with the S&P 500 rebounding as investors rotated into growth and cyclical stocks.
Pump Prices Sticky Despite Crude Decline
Global average fuel retail prices remain near $202/bbl, having unwound only 45% of their early 2026 spike, while Brent crude has given back about 70%.
Oil Prices Stay Contained Despite Strait of Hormuz Disruption
Oil prices remained subdued this week even as traffic through the Strait of Hormuz nearly halted again. A ceasefire faces jeopardy, while US-Iran technical talks continue.
Lower Oil Does Not Guarantee Lower Inflation
A recent commentary challenges the common market assumption that falling oil prices automatically mean lower inflation, hinting at a more complex dynamic.
Gold Breaks Below $4,050 Support, Described as Positioning Flush
Gold slipped below the $4,050/oz support zone into the low $4,020s/oz for the second time in a fortnight. Analysts view the move as a positioning flush rather than a structural breakdown.
US Tech Insider Buying Hits Record High
According to SentimenTrader, 28 executives at companies in the XLK tech ETF have bought their own stock in the last six months—the highest count on record and double the figure from the start of 2026.
WTI Consolidates Below $72.00 as Traders Eye Geopolitical Developments
West Texas Intermediate crude oil steadied during the Asian session on Friday, pausing its recent decline as traders weighed mixed signals from the US and geopolitical tensions.
Japan Finance Minister: Won't Comment on Specific Bond Yields, Monetary Tools BOJ's Prerogative
Japan's Finance Minister Katayama stated he will not comment on specific bond yield levels, acknowledged that the ruling party is adjusting wording in the economic blueprint, and emphasized that specific monetary tools remain the BOJ's prerogative.
Japan Producer Prices Jump 7.1% YoY in June, Fastest Since Early 2023
Japan's producer prices rose 7.1% year-over-year in June, the fastest pace since early 2023, reinforcing expectations for further Bank of Japan rate hikes amid persistent cost-push inflation driven by energy and pass-through.
US Official Reaffirms Commitment to Iran Resolution Despite Trump's Claims
A US official has stated that the US remains committed to a memorandum of understanding with Iran, and technical discussions continue. This comes after President Trump claimed the framework deal was 'over' following Iranian strikes in the Strait of Hormuz.
Gold Recovers Above $4,100 as Traders Assess US-Iran Conflict
Gold price edges higher to around $4,120 in early Asian session as traders weigh Middle East tensions.
Volkswagen Unveils Restructuring Plan; Works Council Rejects Plant Closures
Volkswagen announced a major restructuring plan to address weaker global demand and rising competition, including streamlining its model range by up to 50% and reducing production capacity to 9 million vehicles. The works council opposed plant closures and will only support voluntary job cuts.
Israel Warns It Will Match Turkish Military Bases in Syria
Israeli Energy Minister Cohen stated that Israel must prevent Turkey from establishing a military presence in Syria, warning that if Turkey sets up bases, Israel will do the same.
US Oil Product Exports Hit Record 8.7M Bpd
Last week, total US oil product exports surged to a record 8.7 million barrels per day, led by propane, diesel, gasoline, and jet fuel. Most diesel exports go to South America, while ~14% head to Europe.
US-Iran Military Strikes Escalate, Threatening Middle East Ceasefire
The US and Iran exchanged a new round of military strikes, raising fears the fragile ceasefire could collapse. The US said it struck 90 targets inside Iran to weaken Tehran's ability to threaten shipping, while Iran retaliated with missile and drone attacks.
New PCE Inflation Methodology, Similar Results
The Bureau of Economic Analysis will update the PCE price index methodology on September 30, affecting data from 2021. Early indications suggest the changes will not significantly alter the overall inflation picture.
Silver Two-Speed Market: New York Refills, Shanghai Pays Up
Silver vaults in New York are refilling—a bearish signal—but the supply tightness has relocated to Shanghai, where buyers now pay an 11% premium over the global price.
Morgan Stanley Direct Lending Fund Issues $350M Senior Notes at 6.10%
Morgan Stanley Direct Lending Fund has issued $350 million in 6.10% senior notes due July 15, 2031, per an SEC filing. The notes are redeemable before June 15, 2031 at par plus a make-whole premium.
US Consumer Credit Falls $182M in May, First Drop Since November 2024
US consumer credit unexpectedly fell $182 million in May, the first monthly decline since November 2024, driven by a sharp drop in revolving credit (credit cards) while non-revolving credit rose modestly.
Nordea: Eurozone Energy Shock Keeps ECB Under Pressure
Nordea's Jan von Gerich warns that Eurozone inflation risks remain tilted to the upside due to a persistent energy shock linked to Middle East tensions, maintaining pressure on the ECB.
Fed Task Force Co-Led by External Experts Including Marc Andreessen and Former Central Bank Heads
The Federal Reserve is forming task forces co-led by external experts, including former central bank heads, leading economists, Marc Andreessen, and Xbox CEO Sarah Bond Sharma, with Fed staff support.