Market news
Crypto, stocks, forex and macro, aggregated for traders.
Gold Declines as Iran Tensions Fuel Inflation Risks, Revive Fed Hike Bets
Gold (XAU/USD) fell during Asian trading on Thursday, approaching the previous day's low near $4,025, as rising Iran tensions stoked inflation concerns and strengthened expectations of further Federal Reserve rate hikes, boosting the US dollar.
BOJ Official Warns Delay in Stimulus Adjustment Amid High Inflation Risk
A senior Bank of Japan official stated that postponing stimulus adjustment while inflation remains high could trigger an economic downturn.
USD/CHF Edges Lower to 0.8060 Amid Middle East Tensions
The Swiss franc holds recent losses as the US dollar recovers on rising Middle East tensions, with USD/CHF trading around 0.8060 after opening with a bullish gap.
South Korean Won Rises After BoK Hikes Rates by 25 bps
The South Korean Won strengthened against the US Dollar after the Bank of Korea raised its benchmark interest rate by 25 basis points, the first hike in three-and-a-half years.
EUR/JPY Pulls Back to Triangle Top Near 186.00, Bullish Bias Remains
EUR/JPY edged lower during Asian trading on Thursday, pulling back to the top of an ascending triangle pattern around 186.00 after three days of gains. The pair maintains a constructive bullish bias as it trades above both the 9- and 50-period EMAs.
Silver Downtrend Persists Below $63 After Record High
Silver (XAG/USD) remains under downside pressure following its all-time high, with Elliott Wave analysis indicating a bearish bias below key resistance at $63.
US Dollar Index Hovers Near 100.50 as Fed Hike Bets Fade
The US Dollar Index consolidates near 100.50, close to a multi-week low, as expectations of further Fed rate hikes diminish.
Japanese Yen Strengthens on Intervention Warning, Cooling US Inflation
USD/JPY drops to near 162.15 during Asian hours as the yen gains after Japanese officials issued a verbal intervention warning and US inflation data eased.
Silver Falls to Near $57.00 as Middle East Tensions Boost Oil
Silver (XAG/USD) extends losses for a second day, trading around $57.00 per troy ounce during Asian hours on Thursday. Rising US-Iran tensions push oil prices higher and spark fresh inflation concerns, weighing on the non-yielding metal.
Japan’s Katayama: Ready to Act on Currency as Needed
Japan’s Finance Minister Satsuki Katayama stated on Thursday that authorities are prepared to take appropriate action on the currency at any time if necessary.
Big Tech Credit Risk Surges as CDS Spreads Hit Multi-Year Highs
Credit default swap spreads on major Big Tech firms have risen to near 7-year highs, more than doubling since the start of 2025, as record debt issuance to fund AI infrastructure raises credit risk concerns.
British Pound Weakens Below 1.3550 on Renewed US Strikes on Iran
GBP/USD fell to near 1.3530 in early Asian trading as renewed US strikes on Iran and shipping disruptions in the Strait of Hormuz stoked energy-driven inflation fears, pressuring the pound.
CAD Consolidates Near Four-Week High on Oil Support
The USD/CAD pair is consolidating near a four-week low, with elevated oil prices supporting the Canadian dollar. The pair oscillated in a range during the Asian session on Thursday.
PBOC Fixes USD/CNY at 6.7909, Slightly Lower Than Previous
The People's Bank of China set the USD/CNY central parity rate at 6.7909 for Thursday, marginally lower than the previous fix of 6.7910 and below the Reuters estimate of 6.7577.
NZD/USD Dips on Middle East Tensions, Awaits NZ Food Inflation Data
NZD/USD fell to around 0.5840 during Asian hours on Thursday, reversing two days of gains, as escalating Middle East conflict spurred risk aversion. Traders now eye Friday's New Zealand June food inflation data, which follows a sharp acceleration.
China's crude oil imports drop 41% YoY in June to lowest in 10 years
China's crude oil imports plunged 41% year-on-year in June to 29 million tons, the weakest level in a decade. Month-on-month imports fell 12%, marking an eight-year low.
Asian Stocks Fall as Semiconductor Rout Hits AI Trade; Oil Rallies
Asian stocks declined, led by South Korea's Kospi, as a selloff in semiconductor shares pressured the AI trade. Oil extended its four-day rally on heightened supply concerns after US strikes on Iran and risks to Strait of Hormuz shipping.
Crypto exchange WhiteBIT launches AI Hub
WhiteBIT launched AI Hub, connecting AI assistants such as Claude and Cursor directly to a user's trading account to place orders and manage positions.
New Products Launch - Jul 16, 2026
VT Markets announced a new product launch on 16 July 2026 to broaden the instruments available to clients.
Upbit and Bithumb Delist Fan Token SPURS and Others Amid Tighter Listing Reviews
Upbit removed the Tottenham Hotspur fan token (SPURS) as Korean exchanges tightened project listing standards.
Toobit Adds Trailing Stop to Futures Trading
Toobit launched a trailing stop order type for its futures trading platform.
SpaceX slump hits 23,000 NZ Sharesies investors
Roughly 23,000 New Zealand investors who bought SpaceX shares through Sharesies were caught in the stock's slide below its IPO price.
RoboForex Launches Full-Scale Trading in Telegram
RoboForex integrated its MobileTrader platform into Telegram as a Mini App, enabling account management, order execution and copy trading inside the messenger.
$30,000 Invite & Earn | Invite Friends & Win Bonus
Phemex launched an Invite & Earn campaign running July 16-23 with a $30,000 total prize pool for referring friends to trade futures.