Market news
Crypto, stocks, forex and macro, aggregated for traders.
Bitcoin Rises to $64,300 as Funding Rates Hit 20-Month High
Bitcoin gained about 1% on August 17 to trade near $64,300, while the S&P 500 slipped 0.5%. Glassnode says the crypto's three-month relative lag versus equities is the longest in six years.
WTI Holds Firm But Remains Below 100-Day SMA
WTI crude stayed supported on Tuesday after a nearly 3% jump, while stalled progress on reopening the Strait of Hormuz preserved a geopolitical risk premium.
ASML Elliott Wave Analysis Points to $2,108–$2,287 Bullish Path
A technical update on ASML Holding outlines a bullish Elliott Wave scenario with a projected upside path toward $2,108–$2,287.
Equinor Elliott Wave Signals Strong Long-Term Bullish Potential
Equinor ASA has shifted from prolonged underperformance to fresh all-time highs, with an Elliott Wave forecast pointing to a strong long-term bullish tone.
Gold holds near $4,400 despite rising Treasury yields
Commerzbank's Carsten Fritsch notes gold remains around $4,400 per ounce while US Treasury yields climb back toward late-July levels, decoupling from real rates.
UAE and US Presidents Discuss Cooperation and Middle East Developments
The UAE president received a call from the US president to discuss bilateral cooperation and developments in the Middle East.
US Stocks Open Lower; Nasdaq Drops 1.15%
Major US equity benchmarks opened lower, with the Nasdaq Composite falling 1.15% and the Dow and S&P 500 also in the red.
Gold Seen Range-Bound as Fed Rate Pause Bets Grow
Gold prices are expected to stay range-bound, with support tied to rising expectations that the Federal Reserve will keep rates on hold through year-end after softer US inflation and employment data.
Trump says no Iran talks scheduled, naval blockade remains in force
President Trump said no talks with Iran are scheduled and the naval blockade remains in effect, while the Strait of Hormuz is open and water mines are cleared.
Markets Are Pricing Too Many ECB Rate Hikes, Yield Outlook Warns
A yield outlook argues markets have overpriced European Central Bank tightening, while US-Iran tensions and firmer energy prices keep inflation risks in focus.
Copper Seen Lower as Tariff Distortions Unwind, TD Securities Says
TD Securities sees copper prices moving lower once tariff-related distortions fade, arguing the recent rally is driven by speculation and supply headlines rather than genuine demand.
Saudi Arabia Tightens Scrutiny on UAE-Bound Money Transfers
Saudi banks are reportedly applying additional checks to transfers heading to the UAE, causing delays and returned payments for businesses.
BNY: Market Overpricing RBNZ Hikes for New Zealand Dollar
BNY's Geoff Yu says markets are overpricing RBNZ rate hikes, while foreign holdings of New Zealand government bonds rose to 58.9% in July 2026.
US Housing Starts Tumble Toward COVID-Era Lows in July
Residential construction fell sharply in July, with single-family starts hit hard as high mortgage rates and affordability pressures kept buyers sidelined.
Warsh Warns Inflation Fear Returns, September Hike in Play
Renewed inflation concern has made a September rate hike harder to dismiss, with Mr. Warsh seen as uneasy about the shift even though CME pricing has not caught up.
Jamie Dimon Warns US Dollar Could Lose Reserve Status Within 25 Years
JPMorgan CEO Jamie Dimon cautioned that the dollar’s global reserve role depends on US economic, military and geopolitical strength, with its share of reserves already slipping from about 70% in 2000 to roughly 57% today.
Brazilian Real Faces Weakness Against Dollar on Fiscal Risks: Rabobank
Rabobank analysts argue fiscal risks point to a weaker Brazilian real versus the US dollar, while softer US inflation and cooling labor data give the Fed more time to assess policy.
EUR/USD Range-Bound Before FOMC Minutes, ING Says
ING sees EUR/USD holding a near-term range of 1.1520–1.1580 after the rally stalled just above 1.16, with traders cautious ahead of FOMC minutes and elevated gas prices.
Reuters Links Trump Crypto Project WLFI to Chinese AI Developers
Reuters reported that World Liberty Financial, a crypto venture linked to the Trump family, is working with Hong Kong-based WorldClaw, which provides access to AI models from sanctioned Chinese companies.
US ADP four-week average hiring rises to 9.5K in early August
Private-sector hiring showed tentative improvement in early August, with the ADP-related NER Pulse reporting a four-week average gain of 9.5K jobs per week.
European Gas Prices Hinge on LNG Inflows, Commerzbank Says
Commerzbank says European gas storage will rely on stronger LNG imports over winter, with current inflows of 8 bcm per month insufficient to prevent inventories trending toward zero.
CHFJPY Faces Rejection at 0.618 Arc; 195.80 in Focus
CHFJPY is losing bullish momentum near the 0.618 resistance arc on the 1-hour chart, with the pair potentially targeting 195.80.
NZD/USD fails above 0.5900 as Middle East tensions weigh
NZD/USD trades lower on Tuesday after failing to find follow-through above 0.5900, pressured by risk-averse sentiment linked to Middle East tensions.
Silver Pulls Back Toward $65 Ahead of Fed Minutes
Silver (XAG/USD) fell about 1.20% on Tuesday to trade near $65.00, holding within a consolidation range as traders await Federal Reserve meeting minutes and assess energy-related risks.