Market news
Crypto, stocks, forex and macro, aggregated for traders.
GBP/JPY Eases After Hitting Highest Level Since 2007
The British pound edged lower against the yen on Thursday, taking a breather after reaching its strongest level since December 2007 the previous day, supported by reduced political uncertainty and expectations of more expansive fiscal policy.
Micron Stock Extends Losses, Down 15% in Two Days
Micron Technology shares fell sharply, extending a two-day decline to 15% as the memory chip selloff intensifies. The stock is now over 30% below its June 22 record high.
US Initial Jobless Claims Drop to 208K
The number of Americans filing new unemployment claims fell to 208,000 last week, according to the U.S. Department of Labor.
US Retail Sales Rise 0.2% in June to $768.6 Billion, In Line with Expectations
US Retail Sales rose 0.2% month-over-month in June to $768.6 billion, matching market expectations after a 1% increase in May.
BBH: US Dollar Decline Overdone, Steadies Near One-Month Low
Brown Brothers Harriman analyst Elias Haddad says the recent US dollar decline appears overdone, noting the currency has steadied near a one-month low after softer PPI and CPI data weighed on Fed rate expectations.
Bank of Canada Holds Rate at 2.25%, Softens Guidance – TD
TD Securities notes the BoC held its policy rate at 2.25% and removed references to rate-cut risks and consecutive hikes, interpreted as mildly dovish.
Sterling Short Squeeze on Reports of Fiscal Prudence
A powerful short squeeze in Sterling was triggered by reports that Shabana Mahmood could become Andy Burnham's chancellor, a choice seen as less fiscally risky.
Blockchain Transparency vs. Privacy: OSINT and On-Chain Analysis
A look at how on-chain analysis combined with open-source intelligence (OSINT) is used to trace blockchain activity, the tools crypto detectives employ, and the fine line between investigation and surveillance.
Gold Edges Lower as Energy-Driven Inflation Fears Sustain Fed Rate Hike Bets
Gold slipped on Thursday as traders focused on rising Middle East tensions and the potential for higher energy prices to reignite inflation, keeping Federal Reserve rate hike bets alive despite recent softer US CPI data.
BoC Holds Rate at 2.25%, USD/CAD Consolidates
The Bank of Canada left its policy rate unchanged at 2.25% for a sixth consecutive meeting. USD/CAD consolidates after benign US CPI and PPI data.
UnitedHealth Stock Surges Over 8% on Strong Q2 Earnings, Up 75% From March Low
UnitedHealth shares jumped more than 8% after reporting better-than-expected Q2 results. The stock is now up over 75% from its March 27 low.
Euro Slips to 1.1460 as US Dollar Rebounds
The Euro edged lower against the US Dollar on Thursday, retreating from earlier gains to trade near 1.1460.
UOB: USD/JPY Downward Momentum Points to Lower Intraday Range
United Overseas Bank analysts note a slight increase in downward momentum for USD/JPY, suggesting a lower intraday trading range.
PPI Surprise Drives Rally, Rate-Hike Odds Dive
A better-than-expected PPI report triggered a broad market rally, sharply reduced rate-hike expectations, and sparked rotation into tech stocks.
TD Securities Forecasts US June Retail Sales at 0.0% MoM
TD Securities expects June US Retail Sales to be flat month-on-month, below the consensus estimate of 0.2%, with weakness in the control group, falling gasoline prices, and a drop in food services.
Gold Price Slides Below $4,030, Eyes Further Downside Below $3,940
Gold (XAU/USD) fell 0.7% to near $4,030 during European trading, pressured by persistent inflation concerns and elevated energy prices amid escalating US military aggression. The metal remains below its 20-day EMA, with analysts eyeing further losses under $3,940.
British Pound Rallies to Multi-Month Highs on Mahmood Appointment Reports
The British Pound has surged to multi-month highs against the US Dollar and Euro following reports of a potential appointment of Mahmood to a key economic role.
Lilly to Acquire Atai Life Sciences for $2.8B Upfront Plus CVR
Eli Lilly will acquire Atai Life Sciences for $6.75 per share in cash plus up to $2.50 per share in contingent value rights, valuing the deal at $2.8 billion upfront with potential additional $1 billion. The transaction is expected to close in the third quarter, subject to regulatory approvals.
GE Aerospace Beats Q2 Estimates, Raises FY Free Cash Flow Outlook
GE Aerospace reported Q2 2026 adjusted EPS of $2.02, beating the $1.86 estimate, and adjusted revenue of $12.63B, above the $11.86B consensus. The company also raised its full-year free cash flow guidance.
Stanford Researchers Find Manipulation in Polymarket Bitcoin Contracts
Researchers from Stanford University and Singapore Management University found signs of manipulation in 5-minute Bitcoin contracts on Polymarket. They estimate 821 wallets gained $8.22M, while retail and other traders lost $7.61M.
Societe Generale: USD/BRL Break Below 50-DMA Signals Move to 5.00
Societe Generale notes that USD/BRL has fallen to 5.07 after threatening 5.20 earlier this month, with a break below the 50-day moving average opening the door to a decline toward 5.00.
EUR/GBP Rises on Hawkish ECB Comments, Mixed UK Data
EUR/GBP edged up 0.24% to 0.8485 as hawkish comments from the European Central Bank outweighed mixed UK economic data.
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.