Market news
Crypto, stocks, forex and macro, aggregated for traders.
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.
OPEC Output Hike Aims at Revenue, May Soften Crude
OPEC is increasing supply to meet member revenue needs and market demand, which could soften crude prices but does not eliminate the ongoing energy shock.
Asian Markets Mixed as Tech Rally Fades, Oil Drops
Asian equity markets traded mixed as the recent tech recovery lost steam and falling oil prices added to uncertainty.
WTI Rises to Near $69.00 Despite OPEC+ Production Hikes
West Texas Intermediate crude oil extended gains to trade around $69.00 per barrel during Asian hours, ignoring the impact of OPEC+ supply increases and Hormuz shipping flows.
ECB’s Moulin: Central Bank in ‘Good Position’ After June Rate Hike
ECB Governing Council member Emmanuel Moulin said the central bank is well-positioned after its June rate hike, citing easing inflation alongside a decline in oil prices.
OPEC+ Agrees to Raise Output Targets by 188,000 bpd Starting in August
OPEC+ has agreed to increase its oil output targets by 188,000 barrels per day beginning in August, signaling a gradual easing of production cuts.
Iran Considers New Fees for Ships Passing Through Strait of Hormuz
Iran's ambassador to China announced at the World Peace Forum that Tehran is considering introducing service fees for ships transiting the Strait of Hormuz, with special rates for allied nations.
Asian FX Markets Steady as Traders Reposition After Holidays
Asian foreign exchange markets remained steady with limited volatility as traders returned from holidays and adjusted positions.
OPEC+ Production Hike Sends Crude Oil Prices Lower
Crude oil prices fell after OPEC+ agreed to raise production targets, signaling higher global supply and easing earlier supply concerns. Investors sold off oil futures amid fears of oversupply.
Asian Shares Rise on Tech Rebound; KOSPI Surges Ahead of SK Hynix US Listing
Asian equities advanced Monday, led by a tech rebound, with South Korea's KOSPI surging ahead of SK Hynix's US listing. US stock futures extended gains, while oil eased after OPEC+ approved another output increase.
Earn2Trade Updates Evaluation Rules and Profit Split Structure
Earn2Trade removed its minimum 10-trading-day evaluation requirement and restructured profit splits to 50/50 below certain account thresholds and up to 80/20 above them, effective for purchases from July 6, 2026.
Bitcoin, Gold, Silver Rise on Hopes of Delayed Fed Rate Hikes After Warsch Inflation Comments
Bitcoin, gold, and silver gained as markets price in a slower pace of Fed rate increases following Warsch's remarks on easing inflation risks. The dollar held steady ahead of the FOMC minutes.
Gold Holds Near Record Highs on Weak US Jobs Data, Lower Oil
Gold prices remain near all-time peaks as disappointing US jobs data and falling oil prices reduce expectations of further Federal Reserve rate hikes. Renewed efforts by Trump allies to reshape the Fed are also seen by markets as a key factor supporting gold.
Trump to Meet Zelenskyy at NATO Summit as US Pushes for 5% Defense Spending
President Trump will meet Ukrainian President Zelenskyy at the NATO summit in Turkey as allies seek renewed efforts to end the Russia-Ukraine war, while the US pushes for a 5% GDP defense spending target.
Oil Eases as OPEC+ Boosts Supply; Focus Shifts to Earnings
Oil edged lower after OPEC+ agreed to a modest output increase for August, while market attention turns to Q2 earnings and the AI rally. Traders have dialed back expectations of a near-term Fed rate hike following softer US jobs data.
June Jobs Report at 57K Disappoints, Wall Street Turns Bearish
The June jobs report came in at a disappointing 57,000, far below expectations, prompting a bearish outlook on Wall Street during a shortened holiday trading week.
Japan May Join Iran's Post-War Reconstruction, Experts Urge Energy Diversification
Japan could participate in rebuilding Iran after conflict, as experts call for diversifying energy supplies. Iran cites historic ties, while analysts say Tehran aims to strain Japan-U.S. relations.
US Stock Market Reaches Record $81 Trillion, Now 48% of Global Market Cap
US stock market capitalization hit a record ~$81 trillion, accounting for ~48% of global market cap. It is now larger than the next 18 stock markets combined and twice as large as China, Japan, Hong Kong, and Taiwan combined.
Alibaba Wins Temporary Relief From US Lobbying Ban as Judge Pauses Pentagon Restrictions
A federal judge has temporarily blocked a Pentagon-imposed ban on Alibaba's lobbying access, granting the company continued federal lobbying privileges while a constitutional challenge proceeds.
OPEC+ Hikes August Output by 188,000 bpd Despite Oil Price Slump
OPEC+ agreed to increase August oil output by 188,000 barrels per day, the fifth consecutive monthly hike, despite a sharp drop in oil prices. The group retains flexibility to adjust production based on market conditions.
Seven OPEC Countries Agree to 188K Bpd Production Adjustment, Next Meeting Aug 2
OPEC nations including Saudi Arabia and Russia will adjust output by 188,000 barrels per day, reaffirming their commitment to market stability. The next meeting is scheduled for August 2.
US Tech Funds Attract Second-Largest Weekly Inflows on Record
Technology funds pulled in $14.3 billion in the week ending July 1, marking the second-highest weekly inflow ever. Meanwhile, US equity funds saw $17.2 billion in outflows, the largest weekly withdrawal since March, signaling a sharp rotation into tech.