Market news
Crypto, stocks, forex and macro, aggregated for traders.
Fed's Waller: Forward Guidance Can Be Valuable but May Hinder Policy
Federal Reserve Governor Christopher Waller stated that forward guidance can be a valuable tool for monetary policy but warned it may become a hindrance if it limits policymakers' flexibility.
TD Securities Sees US Sideways Growth, Sticky Inflation in 2026
TD Securities projects US output growth to move sideways in 2026, with GDP at 2.0% Q4/Q4 and unemployment around 4.3%. The firm notes stagflationary risks from Iran conflict and oil shock, while AI and high-income consumers provide support.
Oil and Gold Price Review for the Week Ahead
A preview of weekly data for USOIL and XAUUSD, with economic data expected later this week as the primary market drivers.
BNY Says OPEC+ Output Hike Adds Pressure on Brent Prices
BNY analyst Geoff Yu notes that OPEC+ has ratified another production quota increase, extending gradual supply normalization and adding downward pressure on Brent crude.
S&P 500 Rotation Slows Market Momentum as Tech Weakens
The S&P 500 faces a slowdown as a rotation out of technology shares offsets easing geopolitical and Fed rate concerns.
TD Securities: Fed to Hold Rates Through 2026 Amid Stagnant Growth, Sticky Inflation
Analysts from TD Securities expect the Federal Reserve to maintain the Fed funds rate at its current level through 2026, citing sideways US growth and persistent inflation.
AI-Native Startups Are 25% Smaller Than Traditional Firms, Study Finds
A joint study by Harvard Business School and INSEAD shows that AI-native startups employ 25% fewer workers while achieving comparable company value.
Hedge Funds Dump Asian Stocks at Near Record Pace in June
Hedge funds sold Asian equities at the second-fastest pace in at least five years during June, with Japan recording its largest monthly outflow on record. South Korea's year-to-date inflows were completely erased as sentiment deteriorated.
Weak Yen Drives Record 45 Japan Bankruptcies in H1 2026
A record 45 Japanese companies filed for bankruptcy in the first half of 2026, the highest first-half count since at least 2022, as the weak yen strains businesses with rising import costs.
Hedge Funds Slash Magnificent 7 Exposure as AI Trade Fades
Hedge fund gross and net exposure to the Magnificent 7 stocks has dropped to near three-year lows, amid a rotation out of crowded AI trades and underperformance relative to the broader market.
Gold Edges Lower as Firmer USD Caps Recovery
Gold (XAU/USD) edged lower on Monday as a stronger US dollar and profit-taking capped gains after last week's rebound from a more than seven-month low.
Earnings Season and Fed Meeting in Focus as Mid-Terms Approach
With the Fourth of July behind us, traders are turning attention to upcoming earnings season, the Federal Reserve meeting 23 days away, and the November mid-term elections. Trump accounts also launched today.
Gold Holds Above Resistance, Eyes 4210-4215 Target
Gold has broken strong resistance at $4,155-4,165 and is targeting $4,210-4,215 as long as it stays above that zone today.
WTI Oil Falls on Oversupply Concerns
West Texas Intermediate crude slipped to around $68.30 on Monday, down 0.64%, as worries over global oversupply from OPEC+ production decisions weighed on prices.
European Stocks Rise as Markets Shift Focus to Earnings, NATO Summit
European indices opened higher on Monday, bucking the trend from mixed Asian trading as markets look past geopolitical risks and refocus on earnings and fundamentals.
Dow Jones, S&P 500, Nasdaq Futures Rise Ahead of ISM Services PMI
Dow Jones futures gained 0.18% to above 53,280, S&P 500 futures added 0.46% near 7,560, and Nasdaq 100 futures advanced 1.03% near 29,860 during European trading as markets await the ISM Services PMI release.
UK F-35 Jets Intercept Russian Aircraft Near HMS Prince of Wales
The UK Ministry of Defence reported that a Russian aircraft was intercepted and escorted by two UK F-35 jets from HMS Prince of Wales until it left the area, calling the activity unsafe and unprofessional.
Oil and Natural Gas Prices Diverge in June as Different Drivers Emerge
Oil and natural gas, typically linked as energy commodities, moved in opposite directions in June. Oil rallied on Middle East supply fears, while gas prices remained tied to storage, weather, and domestic demand.
Upcoming Economic Events: US ISM, RBNZ, FOMC, Canada Jobs
Key economic data and central bank events scheduled for the week: US ISM Services PMI, RBNZ rate decision, FOMC minutes, and Canada unemployment figures.
China Exports First Shield Tunneling Machine to Saudi Arabia for Riyadh Metro
China has completed its first shield tunneling machine for export to Saudi Arabia. The machine will be used for the Riyadh Metro Line 2 extension project.
Zelensky Cites Insufficient Interceptor Missiles Against Russian Ballistics
Ukrainian President Zelensky reported that while forces successfully intercepted drones and cruise missiles, they could not stop Russian ballistic missiles due to a shortage of interceptor missiles, urging allies to take strong decisions at the NATO summit.
Macro Transmission Monitor: USD Resilience Amid Soft Labor Data
The macro transmission chain rotated back toward USD resilience last week as labor-market data softened but remained robust enough to sustain economic confidence.
RBNZ Decision Due Wednesday; South Korea Volatility Weighs
The Reserve Bank of New Zealand decision is due on Wednesday. Asia markets are mixed as South Korea equity volatility continues and the country starts 24-hour FX trading. Samsung releases Q2 prelim results on Tuesday, while Hon Hai rises on strong sales and Q3 guidance.
Kyiv Drone Attack Death Toll Rises to Nine, Expected to Climb
Ukraine reports that at least nine people have died in Russia's overnight drone and missile strike on Kyiv, with rescue operations ongoing and the toll likely to increase.