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Market wire

Market news

Crypto, stocks, forex and macro, aggregated for traders.

MacroJul 28

Trump and Zelenskyy Discuss Weapons Production, Patriot Licenses in White House Meeting

President Trump and Ukrainian President Zelenskyy met at the White House ahead of Senator Graham's funeral. Discussions focused on Ukraine's weapons production, Patriot interceptor licenses, and reinvigorating diplomacy.

MacroJul 28

Divided Market Awaits Unprecedented Fed Rate Decision

Interest rate futures show a 30% chance of a hike and 70% chance of a cut, a rare split ahead of a Fed meeting. Fed Chair Warsh has removed forward guidance, adding to uncertainty.

MacroJul 28

WTI Crude Slips Below $80, Bears Eye 200-Day SMA

West Texas Intermediate crude fell nearly 4% on Tuesday, extending Monday’s 9% plunge after the US and Iran paused military exchanges. The breakdown below $80 has sellers targeting the 200-day simple moving average.

MacroJul 28

All Semiconductor Stocks Slide Below 50-Day Moving Average in Broad Selloff

Every component of the Philadelphia Semiconductor Index (SOX) has fallen beneath its 50-day moving average for the first time since April 2025, as the index loses 18.9% in July.

SOXSMH
MacroJul 28

Gold Recovery Delayed by Hawkish Fed, Price Down Nearly 30% from Record

Gold has fallen nearly 30% from its January record as higher real yields and hawkish Federal Reserve expectations weigh, according to Commerzbank.

XAUUSD
MacroJul 28

NinjaTrader Adds CME Group Single Stock Futures, Giving Traders Direct Access to Nvidia, Tesla and Apple

NinjaTrader Group has launched CME Group Single Stock futures on its platform, giving eligible retail traders direct access to contracts on Nvidia, Tesla, Apple and Amazon. The rollout spans more than 50 companies from major U.S. indices.

MacroJul 28

Oil Prices Drop on US-Iran Deal Hopes and Fragile Supply Flows

Brent crude sold off sharply as tensions between the US and Iran eased, with President Trump signaling optimism for a deal. ING analysts also highlight ongoing risks to key maritime passageways.

MacroJul 28

Fed Decision on Knife-Edge, ING Analyst Says

ING’s Padhraic Garvey sees a 60% chance the Federal Reserve holds rates steady at the upcoming FOMC meeting, warning the decision could surprise markets.

MacroJul 28

AI boom splits software stocks: infrastructure and security soar while applications slump

The AI revolution is driving a stark divergence in software stocks, with infrastructure and security indices up 22% YTD, while vertical and application software indices are down 28% and 34% respectively, dragging the broad index to -13%.

MacroJul 28

Mixed Open for U.S. Stocks: Dow Gains While Nasdaq and S&P 500 Slip

U.S. equities started the session unevenly, with the Dow rising 0.65% while the Nasdaq and S&P 500 edged lower.

DJIASPXIXIC
MacroJul 28

ING Sees Tight Copper Supply Supporting Prices

ING strategists Warren Patterson and Ewa Manthey highlight that copper's July rally has been driven by easing Middle East tensions, tight physical conditions, low inventories and firm Chinese import demand.

HG
MacroJul 28

DBS economist: markets price 34% chance of July Fed hike, investors cautious

Investors remain cautious ahead of upcoming FOMC decisions, with markets pricing a 34% probability of a rate increase in July, according to DBS Group Research.

MacroJul 28

ADP Data Reveals US Private Hiring Slows to 15K Weekly Average

The four-week average for private-sector job gains in the US has cooled to 15,000 per week, according to ADP’s weekly NER Pulse, signaling further easing in labor market momentum.

MacroJul 28

Prediction Markets Slightly Raise Odds of Fed Rate Hike in July

Polymarket and Kalshi showed a modest increase in the probability of a 25 bps rate hike at the July 28-29 FOMC meeting, though a pause remains the consensus.

MacroJul 28

German traders can now access NinjaTrader’s full futures trading environment through TradingView platform

NinjaTrader has brought its full futures trading environment to German clients via TradingView, marking its first expansion into the European retail market.

MacroJul 28

Gold Drops to $4,047 as Fed Rate Worries Mount

Gold declined to $4,047 per ounce on Tuesday, erasing the prior session's gains, pressured by heightened expectations of Federal Reserve rate hikes.

XAUUSD
MacroJul 28

AI Automation Triggers Customer Service Job Cuts

Companies like Microsoft, Uber, and Hyatt are deploying AI to automate call centers, leading to thousands of job reductions. Analysts forecast nearly half of customer service roles could be affected by 2030.

MacroJul 28

Kospi Circuit Breaker Triggers as China DUV Challenges ASML

South Korea's Kospi index hit a circuit breaker amid a sharp sell-off, while Chinese advances in DUV lithography threaten ASML's market dominance. Investors also await SK Hynix earnings and the Fed decision.

ASML
MacroJul 28

Anthropic CEO: No Ban on Open-Weight Models, But Strict Oversight Needed

Dario Amodei said Anthropic does not support an outright ban on open-weight AI models, but called for strong safeguards including chip export limits to China and mandatory safety testing for powerful LLMs.

MacroJul 28

Warsh Remarks Set to Disappoint Markets as Fed Leans Hawkish Despite Data

US economic data offers no basis for a rate hike, but upcoming remarks by former Fed Governor Kevin Warsh could still sound a hawkish note, disappointing markets.

MacroJul 28

Silver Prices Dip 1.45% as Geopolitical Tensions Ease, Fed Decision Looms

Silver (XAG/USD) falls over 1% on Tuesday, pressured by reduced safe-haven demand from easing geopolitical tensions and caution ahead of the Federal Reserve's policy announcement.

XAGUSD
MacroJul 28

NFL Calls on CFTC to Ban Easy-to-Manipulate Sports Prediction Contracts

The National Football League urged the CFTC to ban sports prediction contracts that could be influenced by a single person, such as bets on a kicker missing a field goal or a quarterback’s first pass being inaccurate.

MacroJul 28

Fed Expected to Hold Rates in July, Focus Stays on Data

BNY strategists see the Fed keeping rates unchanged at the July meeting, with the decision described as a close call. Dollar traders remain highly sensitive to incoming economic data.

DXY
MacroJul 28

Trump’s Tuesday: Ukraine, Israel Leader Meetings and Tele-Rally

President Trump’s Tuesday schedule includes meetings with the leaders of Ukraine and Israel, a funeral attendance, and a tele-rally.