Market news
Crypto, stocks, forex and macro, aggregated for traders.
Japan Tankan Large Manufacturing Index Jumps to 22 in Q2 vs 16 Expected
Japan's Tankan Large Manufacturing Index rose to 22 in Q2 2025, significantly exceeding the market consensus of 16 and the previous quarter's 17.
Trump Weighs War on Iran, Opts to Stick with Talks
According to the Wall Street Journal, US President Donald Trump has held multiple conversations with top defense officials about launching an all-out war on Iran but has chosen to continue diplomatic talks.
Marex Redomiciliation to Bermuda Becomes Effective
Marex completed its court-sanctioned redomiciliation from England and Wales to Bermuda, with the new Marex Group Limited shares beginning trading on Nasdaq under the same ticker MRX on July 1, 2026.
Topstep Labs: Real Experiments. Limited Drops. More Ways to Get Funded.
Topstep introduced Topstep Labs, whose first experiment is a $25K Static Trading Combine with a fixed $1,000 loss limit and $4,000 payout cap.
Central Banks Cite Crisis Performance as Key Gold Holding Reason
A record 90% of central banks cited gold's performance during crises as a key factor in their decision to hold gold, according to a World Gold Council survey. Emerging market banks particularly value gold as a geopolitical hedge.
Gold Holds Above $4,000 as Strong US Data, Fed Outlook Weigh
Gold prices remain above the $4,000 level as markets digest resilient U.S. labor data, the Federal Reserve's rate path, and ongoing U.S.-Iran peace talks.
ASX Agrees Revised Transformation Plan with ASIC and RBA
The ASX has agreed to a revised transformation plan with regulators ASIC and RBA, adopting an enterprise-wide approach with redesigned workstreams and target outcomes. The Reset Accelerate program implementation begins July 1.
PBoC Overnight Liquidity Tool Refines Interest Rate Framework
MUFG's Michael Wan notes that the People's Bank of China's new overnight liquidity tool, implicitly set at 1.25%, marks a step in refining China's interest rate framework.
US M2 Money Supply Surges $247.8B in May to Record $23.1T
The US M2 money supply rose $247.8 billion in May, reaching a record $23.1 trillion, the largest monthly increase since May 2021. Year-to-date, M2 has surged $698.6 billion, the strongest January-to-May gain in five years.
Republican Party to Hold First-Ever Midterm Convention in Dallas
Donald Trump announced the Republican Party will hold its first-ever midterm convention in Dallas, Texas on September 9-10, celebrating achievements including no tax on tips, overtime and Social Security, stronger borders, lower costs, more jobs and American energy dominance.
DBS Upgrades Singapore GDP Growth Forecast
DBS Group Research economist Chua Han Teng has raised Singapore's GDP outlook, citing resilience to renewed geopolitical shocks from the Middle East.
South32 Approves $725M Sierra Gorda Expansion, Capacity to 60MTPA
South32 approved the Sierra Gorda fourth grinding line project, expanding capacity from ~48 Mtpa to 60 Mtpa with a $725M capital expenditure. First production is expected mid-FY30, full production in FY31, and the expansion is projected to reduce operating unit costs by ~10%.
Qatar PM Reaffirms Mediation in US-Iran Talks with Witkoff, Kushner
Qatar's Prime Minister met with Witkoff and Kushner to reaffirm mediation efforts and support for all negotiation tracks stemming from the recent MOU, with a focus on US-Iran talks.
Trump Reports $635M in Meme Coin Royalties, $500M+ Crypto Sales
Donald Trump's 2025 annual financial disclosure reveals hundreds of millions in crypto earnings, including $635 million in meme coin royalties and over $500 million from World Liberty Financial token sales.
S&P 500 Caps Best Quarter Since 2020 as AI Rally Drives Stocks
The S&P 500 rose 0.8% to close its best quarter since 2020, adding over $8 trillion in market value as AI-driven gains in chipmakers boosted the Nasdaq 100 and Philadelphia Semiconductor Index. Strong U.S. jobs and consumer data supported confidence in economic resilience, while oil fell on hopes of a U.S.-Iran peace deal.
UK Defence Plan Reveals £28B Funding Gap; Starmer Commits £15B
The UK has published a 10-year defence investment plan with a £28 billion funding gap over four years. Prime Minister Starmer has pledged £15 billion, leaving £4.7 billion unfunded, with defence spending targeting 2.7% of GDP by 2030.
Shell Trading US to Retain Offtake Rights; Deal Includes Upside Payments and Royalty Interests
Shell Trading US will retain offtake rights from the assets, with the deal also including upside-linked payments through 2027 and overriding royalty interests. The transaction remains subject to BP's 30-day preferential right to purchase.
Gold ETFs See Record Weekly Outflows of $4.7B
Global gold-backed ETFs recorded $4.7 billion in outflows last week, the largest weekly dollar withdrawal on record, led by North American funds.
US Withholds $6B Iranian Frozen Funds, Cites Unmet Obligations
The United States has not released any of the $6 billion in frozen Iranian funds designated for humanitarian goods, and will not do so until Tehran fulfills its obligations, a US administration official told the New York Post.
Israeli Officials: Troop Withdrawal Tied to Lebanese Army Action Against Hezbollah
Israeli security officials say any troop withdrawal from southern Lebanon depends on the Lebanese army meeting clear criteria to act against Hezbollah militants and infrastructure. No timeline has been set, but the process must be executed properly.
Chinese Chip Material Makers Challenge Japanese Dominance
Chinese chip material manufacturers are stepping up their challenge to Japanese rivals, targeting key markets and expanding capacity. Guangyuan New Material seeks to challenge Nittobo's T-Glass market share, Shengyi Tech boosts AI server component production, and Konfoong Materials plans a South Korea facility.
Copper Rises 0.7% as Traders Eye Hormuz Talks and Fed Outlook
Copper rose 0.7% to $13,375 per ton, trimming its monthly loss to 1.9%, as traders focus on U.S.-Iran peace talks in Doha and the Federal Reserve's interest rate outlook.
Bennett Warns of Syrian Leader Al-Sharaa, Calls Him 'Terrorist in a Suit'
Former Israeli Prime Minister Naftali Bennett urges extreme caution regarding Syria's Al-Sharaa, branding him a murderer and terrorist who has killed many people.
JD Vance Says Iran Denies Talks Publicly as US Negotiations Continue
JD Vance criticized Iran's public denial of ongoing peace talks while technical U.S.-Iran negotiations proceed, calling it a Persian negotiating tactic.