Market news
Crypto, stocks, forex and macro, aggregated for traders.
Andy Burnham to Become UK Prime Minister Today
Andy Burnham is set to officially assume the role of Prime Minister around lunchtime today, with political observers focusing on his cabinet picks and policy agenda.
Iran Says Door to US Talks Not Closed, Policy Based on National Interests
Iran's foreign ministry spokesperson stated on Monday that Tehran pursues war and diplomacy based on its national interests, and indicated that the door to talks with the United States is not necessarily closed.
Brent Oil Near $90 as Rabobank Warns of Energy Risks from Hormuz Tensions
Rabobank highlights that Brent crude trading near $90 alongside elevated crack spreads points to tight energy conditions, with geopolitical risks escalating around Iran and the Strait of Hormuz.
Oil Prices Jump Over 3%, Testing $91 as Stocks Brace for Earnings
Brent crude surged more than 3% to test $91 per barrel, the highest in months, as geopolitical tensions and earnings season dominate the week ahead.
Iran Rejects Choice Between Negotiations and War, Says Diplomacy and Defense Align
Iran's Foreign Ministry dismissed the framing of its options as a binary choice between negotiations and war, asserting that diplomacy and defense serve the same national interests.
ForkLog Launches "Corporates" Section for Company News
ForkLog has introduced a new "Corporates" section aggregating news about companies, products, and deals, with a unique discussion mechanic featuring three perspectives.
WTI Oil Climbs to Fresh One-Month Highs Near $84.00 on Iran Escalation
WTI oil prices surged to a one-month high near $84.00 on Monday as escalating US-Iran hostilities threaten an all-out war, keeping the Strait of Hormuz closed to shipping.
Deutsche Bank: Oil, Geopolitics, AI Doubts Weigh on Global Stocks
Deutsche Bank strategists note that rising oil and gas prices, escalating US-Iran tensions, and renewed skepticism over the AI trade are pressuring global equities.
Moonshot AI's Kimi K3 Debut Shakes US Markets, SpaceX Rocket Fails
China's Moonshot AI unveiled its Kimi K3 model on Friday, causing a stir in US markets, while SpaceX's latest rocket launch ended in failure due to multiple engine issues.
Brent Oil Breaks Above $90 on Persian Gulf Conflict Disruptions
ING analysts note Brent crude has surpassed $90 per barrel amid escalating conflict in the Persian Gulf and potential chokepoint closures disrupting vessel traffic.
US-Iran Conflict Worsens as US Deaths Reported; CSRC to Meet on Stabilization
Tensions between the US and Iran escalate following reported US casualties. Meanwhile, Chinese equities gain as the CSRC plans a meeting with market players on stabilization. The AI value chain faces disruption from open-source models, China competition, and token commoditization.
Hungary to Continue Monetary Easing; ECB Expected to Hold Rates
Hungary is set to continue its monetary easing cycle, while the ECB is expected to hold rates steady at its Thursday meeting as inflation remains subdued and recent commodity price increases are not enough to trigger a policy change.
WTI Holds Near One-Month High Above $83 on Iran Risks
West Texas Intermediate crude oil prices remain elevated near a one-month high, trading above $83.50 as geopolitical risks from Iran support bullish sentiment.
Trump Says US Striking Iran 'Very Hard' in Honor of Killed Service Members
President Donald Trump stated that the latest US strikes on Iran are being conducted in honor of American service members killed in recent days, according to a report by The Guardian.
US Embassy Warns of Possible Iran Strike in Central Manama, Bahrain
The U.S. Embassy has issued a warning that Iran may attempt to strike unspecified locations in central Manama, urging Americans to stay alert and follow local authorities.
Asia-Pacific Equities Mixed on US-Iran Tensions, Japan Closed
Asia-Pacific stocks were mixed as US-Iran escalation weighed on sentiment, with Japan closed for a holiday and South Korea's KOSPI falling after a long weekend.
Asian Markets Tumble as Oil Surges on US-Iran Tensions, Fed Concerns Loom
Asian equities fell as oil prices hit multi-month highs following escalated U.S.-Iran strikes, fueling inflation fears. The tech sector also weakened on AI leadership doubts, while the Fed's rate path remains uncertain.
Oil Surges Past $91, WTI Above $84 on Middle East Tensions
Brent crude climbed above $91 and WTI rose above $84 after U.S.-Iran hostilities escalated. Asian stocks fell, the Philadelphia Semiconductor Index entered a bear market, and the dollar strengthened on rate hike expectations.
Gold Falls Toward $4,000 on US-Iran Tensions, Rate Hike Bets
Gold price (XAU/USD) slipped to around $4,000 in early Asian trading on Monday, as heightened US-Iran hostilities boosted expectations of a Federal Reserve rate hike. The precious metal has been hovering near the psychological level after posting a 14% decline in Q2, its worst quarter in recent years.
Brent Crude Surges Above $90 as US-Iran Tensions Disrupt Oil Shipping
Brent crude oil jumped above $90 per barrel as escalating US-Iran hostilities and threats to shipping in the Strait of Hormuz heighten global supply concerns, with attacks expanding to energy infrastructure and tight inventories offering little buffer.
US Central Command: New Wave of Strikes Against Iran for Ninth Consecutive Night
The US Central Command has begun a new wave of strikes against Iran as of 7pm ET, marking the ninth consecutive night of operations aimed at degrading Iranian military capabilities used to attack commercial vessels in the Strait of Hormuz.
Foreign Private Investors Pile Into US Stocks at Near-Record Pace in May
Foreign private sector net purchases of US stocks surged $35.2 billion month-on-month in May to $121 billion, the second-largest monthly inflow on record. Meanwhile, foreign investors dumped South Korean and Taiwanese equities at record or near-record rates.
TSMC CFO Cites Strong Multi-Year AI Chip Demand, Open to Bond Issuance for Capex
TSMC's CFO stated that demand for AI chips remains strong over multiple years and the company may issue bonds to fund capital expenditures if market conditions are favorable. Physical constraints at the Arizona plant are being addressed with U.S. government cooperation.
US launches airstrikes against Iran in response to troop deaths
The United States carried out airstrikes on Sunday aimed at punishing Iran for the first American military fatalities since hostilities with the Islamic republic resumed.