Market news
Crypto, stocks, forex and macro, aggregated for traders.
US Consumer Confidence Rises to 91.2 in June
The Conference Board's Consumer Confidence Index increased to 91.2 in June, up from a revised 90.6 in May, indicating improved sentiment.
US JOLTS Job Openings Rise to 7.594M in May
Job openings in the US increased to 7.594 million in May, according to the latest JOLTS report from the Bureau of Labor Statistics.
Pentagon Watchdog: Hegseth's Weapons Testing Cuts Weaken Defense Oversight
The GAO says Defense Secretary Hegseth's staffing cuts to the Pentagon's weapons testing office have reduced independent oversight, raising concerns about less rigorous testing before deployment.
Bank of America Warns of Three-Wave Stock Correction
Bank of America has issued a warning that global equities may be entering a three-stage correction, citing stretched valuations, fading liquidity support, and macroeconomic risks.
Wall Street Mixed at Open: Dow Up 0.13%, S&P 500 and Nasdaq Dip
The Dow Jones Industrial Average advanced 65.30 points (0.13%) to 52,248.04 at the opening bell, while the S&P 500 fell 2.39 points (0.03%) to 7,438.04 and the Nasdaq Composite dropped 11.79 points (0.05%) to 25,808.35.
AI-driven debt issuance set to hit record $2.25 trillion in 2026
US investment-grade debt gross issuance is forecast to surge 25% YoY to a record $2.25 trillion in 2026, driven by AI capital expenditures, according to Morgan Stanley. Net new issuance is expected to rise 57% to $1 trillion.
Google Warns EU Digital Markets Act Could Increase Fraud and Privacy Risks
Google security managers warned that certain provisions of the EU's Digital Markets Act (DMA) could lead to increased fraud and privacy risks for European users.
US Drafts Ban on Foreign Energy Inverters Over China Cybersecurity Fears
The Trump administration is reportedly drafting a ban on foreign-made energy inverters, citing cybersecurity concerns linked to China. Enphase Energy is highlighted as the largest US-listed beneficiary.
Japanese Retail Margin Buying Reaches 30-Year High on Tokyo Stock Exchange
Margin buying on the Tokyo Stock Exchange surged to about ¥6.5 trillion ($40 billion), hitting levels not seen since 1994. The margin ratio rose to 6–8, well above the 10-year average of 4, signaling aggressive bullish positioning among Japanese retail investors.
Prediction Markets See 70% Odds Bitcoin Falls Below $50K This Year
Prediction markets now imply roughly 70% probability that Bitcoin will drop below $50,000 before year-end, driven by deteriorating macro conditions, ETF outflows, institutional selling, and rising demand for downside hedges.
Extreme Heat, Wildfires Affect 162M Americans in 35 States
Over 162 million people across 35 U.S. states are under extreme heat warnings as more than 50 major wildfires rage in the West. Temperatures are expected to rise through the week, raising risks of records and poor air quality ahead of the July 4 holiday.
Brent Crude Falls 40% from March Highs, Back to Pre-Conflict Levels
Oil prices have returned to levels seen before the Middle East conflict began, with Brent crude falling almost 40% from its March highs. The decline is attributed to increased supply from the Persian Gulf region.
Czech GDP Growth Confirmed at 2.2%, Consumption and Investment Revised Down
Czech real GDP growth was confirmed at 2.2%, with downward revisions to private consumption and fixed investment dynamics. Solid incomes may support consumer spending, but labor market difficulties pose challenges.
Gold set for biggest quarterly drop in 13 years, says Commerzbank
Gold briefly dipped below $4,000 per troy ounce before bargain buying emerged, but the metal is still heading for its largest quarterly drop in 13 years and a steep monthly loss, according to Commerzbank's Carsten Fritsch.
WTI Oil Steadies Around $70.00 as Markets Bet on Negotiated End to Iran Conflict
WTI crude holds near $70.00 for a second straight session, with traders pricing in a potential diplomatic resolution to tensions with Iran.
Qatar: $6B Iranian Frozen Funds Not Yet Transferred, for Humanitarian Goods
Qatar's foreign ministry spokesperson said the $6 billion in frozen Iranian funds have not been transferred to Iran, remaining subject to a 2023 agreement that earmarks them for humanitarian purchases.
Qatar Says $6 Billion Iranian Frozen Funds Not Transferred Yet
Qatar's foreign ministry stated that the $6 billion in frozen Iranian funds have not been transferred and remain subject to a 2023 agreement for humanitarian goods.
Kushner, Witkoff to Visit Qatar for Mediator Talks; No US-Iran Meeting Planned
Qatar's foreign ministry stated that Steve Witkoff and Jared Kushner will travel to Qatar to engage with mediators on negotiations, while confirming no high-level US-Iran meeting is scheduled.
UK PM Starmer: Defence Spending to Reach £80bn per Year by 2029
UK Prime Minister Starmer announced defence spending will rise to £80 billion annually by 2029, increasing to 2.7% of GDP with a trajectory to 3% in the next parliament. Non-military spending will be cut to fund the increase.
BoJ's Sato: Middle East De-escalation Welcome but Uncertainty Remains
Newly appointed Bank of Japan board member Ayano Sato said the de-escalation of the Middle East conflict is welcome for the economy, but uncertainty persists.
Gold Falls Below $4,000, Hits 8-Month Low on Fed, Geopolitics
Gold prices dropped below $4,000 per troy ounce on Tuesday, reaching an eight-month low amid expectations of further Fed tightening and Middle East uncertainty.
ECB's Wunsch: Another Rate Hike May Be Needed
European Central Bank policymaker Pierre Wunsch indicated that inflationary pressures in the eurozone could stay above the 2% target for several quarters, suggesting the ECB might need to raise rates again.
BNY Analysts: Fed May Adjust Reserve Management Purchases as Comfort with System Reserves Grows
BNY Markets analysts John Velis and David Tam flag new qualifying language in the Fed's stance, suggesting the FOMC is more comfortable with current system reserve levels and could adjust reserve management purchases accordingly.
ECB's Lane: Oil Prices to Stay Above Pre-War Levels Through 2028
European Central Bank chief economist Philip Lane said oil prices are expected to remain above pre-Ukraine war levels through 2027-2028, reflecting persistent supply-side pressures.