Market news
Crypto, stocks, forex and macro, aggregated for traders.
EU Mid-Market Update: AI Spending Concerns, TSMC Capex, UK GDP Data
The sustainability of AI investment is questioned as TSMC raises capex but faces margin pressures, while UK GDP data supports a hawkish BOE stance.
UnitedHealth Q2 2026 Earnings Beat Estimates, Raises Full-Year Guidance
UnitedHealth Group reported Q2 2026 adjusted EPS of $6.04, well above the $3.74 estimate, and raised its full-year adjusted EPS forecast to $19.50-$20.00. Revenue also surpassed expectations at $112.03 billion.
AUD Consolidates Gains as USD Weakens on Soft US Inflation
The Australian Dollar held near recent highs on Thursday as the US Dollar slipped after unexpectedly soft US inflation data dampened expectations of immediate Federal Reserve tightening.
Iraq Halts Crude Oil Loading at All Terminals After Drone Incident
All Iraqi oil terminals have suspended crude loading after a drone struck a tanker at the Basra terminal. No damage or fire was reported, according to Reuters sources.
British Pound Strengthens on Fiscal Reassurance, MUFG Says
The British Pound gained sharply after reports that Shabana Mahmood is set to become the next UK chancellor, reinforcing expectations of sound public finances, according to MUFG analyst Lee Hardman.
US Dollar Remains Under Pressure After Soft US CPI and PPI Data – ING
The US dollar continues to weaken following softer-than-expected US CPI and PPI data, according to ING strategists. FX volatility is declining while Brent crude oil prices remain around current levels.
Silver Falls 1.34% to $57.00 per Troy Ounce
Silver (XAG/USD) fell 1.34% on Thursday to $57.00 per troy ounce, down from $57.77.
EUR/CAD Holds Gains After Eurozone Trade Balance Data
The euro strengthened against the Canadian dollar for a second straight session, trading near 1.6100 during European hours following the release of Eurozone trade balance figures.
Commerzbank: New Zealand Dollar Vulnerable to Softer Data
Commerzbank strategist Volkmar Baur warns that the New Zealand Dollar's recent recovery is fragile, with softer economic data posing downside risks despite market expectations of further rate hikes.
EUR/GBP Edges Higher After Hitting 13-Month Low, Bears Pause
EUR/GBP recovered slightly on Thursday after falling to a 13-month low on Wednesday, when the pound rallied on reports that UK Prime Minister Burnham will appoint a fiscally conservative finance minister.
Ex-US Defense Chief Warns US Cannot Beat Iran via Air Strikes Alone
Former US Defense Secretary says America must 'strangle' Iran’s economy to force open the Strait of Hormuz, arguing that air strikes alone will not win the conflict.
UOB: AUD/USD Breaks Above 0.7015 Resistance, Momentum Points Higher
UOB analysts note AUD/USD broke key resistance at 0.7015, reaching 0.7021, with further upside expected in the near term.
Pound Strengthens on Reports of New UK PM Appointing Shabana Mahmood as Finance Minister
The British pound strengthened across the board amid reports that incoming UK Prime Minister Burnham plans to appoint Home Secretary Shabana Mahmood as the new finance minister. Meanwhile, persistent US inflation worries continue to weigh on the dollar.
OpenAI Developing Smart Speaker with 'Personality'
OpenAI is entering the consumer electronics market with a smart speaker that can establish a human-like connection with users, featuring cameras, sensors, mechanical movement, and access to user messages and email.
EUR/GBP Falls to 0.84 as Pound Extends Gains, SocGen Says Move Stretched
EUR/GBP has dropped to the 0.84 handle, its lowest since June last year, after breaking a Head and Shoulders neckline at 0.8610. Societe Generale notes the move appears stretched.
Euro Holds Gains Near One-Month Highs at 186.00 Against Yen
The Euro trades nearly flat just below one-month highs at 186.00 against the Japanese Yen on Thursday, consolidating after a 0.8% rally.
Gold slumps to $4,033 on oil surge, Middle East tensions
Gold extended its losing streak on Thursday, falling to $4,033 per ounce as a sharp rise in oil prices amid intensified Middle East attacks stoked inflation fears and expectations of tighter central bank policy.
UK GDP Beats Expectations but Doubts Linger Over Sustainability
UK monthly GDP growth exceeded expectations, continuing a pattern of strong early-year performance. However, analysts expect activity to slow later in the year, raising doubts about sustained momentum.
Pound Strengthens as USD Declines on Oil Support Loss and Middle East Tensions
The US Dollar is losing support from rising oil prices, with Brent near monthly highs and the USD Index declining. Investors are avoiding the greenback as a safe haven amid Middle East escalation, boosting the British Pound.
BoE’s Breeden: Bank Stays Alert to Inflation Risks
Bank of England Deputy Governor Sarah Breeden said UK inflation would have already hit the 2% target if not for the Middle East conflict, adding that the central bank remains vigilant.
Commerzbank: Canadian Dollar Downtrend Unlikely to Reverse
Commerzbank’s Michael Pfister says recent Canadian labour data and the Bank of Canada’s latest decision indicate domestic policy will not reverse the CAD downtrend, with direction hinging on the US dollar.
Base Creator Admits Social Media Strategy Failed
Jesse Pollak acknowledged that his bet on social products as a mass adoption driver for crypto was wrong, with the Farcaster, Zora, and creator token ecosystem "completely collapsing." Base will now pivot to becoming a blockchain for global finance.
Dow Jones Futures Flat Ahead of US Retail Sales and Jobless Claims
Dow Jones futures edged slightly lower by 0.02% during European trading on Thursday, with S&P 500 and Nasdaq 100 futures also declining as traders awaited US retail sales and jobless claims data.
Kevin Warsh's First Fed Meeting Surprises Markets, USD Could Rally
Falling U.S. prices are seen as positive, but the dollar may strengthen further after Fed Chair Kevin Warsh's unexpected initial moves.