Market news
Crypto, stocks, forex and macro, aggregated for traders.
Gold Rebounds Nearly 2% on Ceasefire Hopes, Then Eases as Hezbollah Rejects
ING reports gold rebounded nearly 2%, briefly topping $4,500/oz, as a tentative Israel-Lebanon ceasefire reduced immediate geopolitical risk, before easing when Hezbollah rejected the proposal.
OECD cuts 2026 global growth forecast to 2.8%
The OECD lowered its 2026 global GDP growth projection to 2.8% from 3.4% in its latest Economic Outlook, signaling a weaker near-term outlook.
WTI Flattens Near $91 Despite Fragile Israel-Lebanon Ceasefire
WTI crude oil trades flat around $91.00 during early European trade on Friday, as a US-brokered ceasefire between Israel and Lebanon remains fragile due to continued attacks.
Asia Market Open: Korean Volatility, Indonesia Rates Steady, US Jobs in Focus
Asian markets open with continued Korean volatility, Indonesia's central bank holds rates, and attention shifts to US May nonfarm payrolls. Meanwhile, Anthropic issues a new AI risk warning.
NFP Preview: US Payrolls Seen Rising 85,000 in May, Jobless Rate Steady at 4.3%
The upcoming US nonfarm payrolls report for May is expected to show an addition of 85,000 jobs, with the unemployment rate holding at 4.3% and average hourly earnings rising 0.3% month-over-month.
US Leading Indicators Hold Up Despite Early 2026 Growth Slowdown
US nominal growth is heating up as leading indicators beat expectations, even as economic growth cooled at the start of 2026. Improving labor market conditions and solid investment demand are providing support.
US Nonfarm Payrolls Preview: Stable Job Market Could Bolster Fed Rate Hike Odds
The US Bureau of Labor Statistics will release May Nonfarm Payrolls data on Friday. The report is expected to show a broadly stable labor market, which may increase expectations for further Federal Reserve rate hikes.
Oman's Mina al Fahal Terminal Halts Oil Loading After Suspected Drone Attack
Crude oil loading at Oman's Mina al Fahal terminal was suspended following an explosion near its single-buoy mooring, reportedly caused by a drone attack, according to Reuters sources.
Eurozone Manufacturing PMI Input Prices Hit 3-Year High, Signaling Inflation Surge
Eurozone manufacturing PMI input prices surged to 80 in May, the highest since May 2022, with output prices hitting a 3.5-year high, indicating accelerating inflation pressures from rising energy and raw material costs.
WTI Falls Below $91 Despite Iran Threats
West Texas Intermediate crude oil dipped to around $90.85 during early Asian trading on Friday, as traders assessed the ongoing US-Iran peace developments.
US money market fund assets hit record $8.28T with $66B weekly inflow
Assets in US money market funds surged $66 billion in the week ending May 28 to a record $8.28 trillion, with $41 billion coming in a single day as month-end rebalancing boosted inflows.
Wedbush Launches Full Support for CME Group's 24/7 Cryptocurrency Futures Trading
Wedbush Securities announced full support for CME Group's 24/7 cryptocurrency futures trading, giving clients uninterrupted access to regulated digital asset derivatives markets.
Japan April Cash Earnings Beat Estimates, Household Spending Improves
Japan's April cash earnings rose 3.5% year-on-year, beating the 3.1% estimate, while household spending fell 0.5% year-on-year, better than the expected 1.5% decline.
Trump Open to Meeting Iran's Supreme Leader for Deal
President Trump stated he would be honored to meet Iran's Supreme Leader if it facilitates a deal to end the U.S.-Iran conflict, according to CNBC.
ISM Services Prices Index Hits Highest Since Aug 2022, Signaling Rising Inflation
The ISM Services Prices index rose 0.6 points in May to 71.3, the highest since August 2022, with diesel, gasoline, and oil cited as key drivers. The reading suggests CPI could rise above 5.0% for the first time since early 2023.
Trump Says He Would Be 'Honored' to Meet Iran's Supreme Leader
President Trump stated he would be 'honored' to meet Iranian Supreme Leader Mojtaba Khamenei if it leads to a deal, which would be the first such meeting between a sitting US president and an Iranian supreme leader.
Iran Adviser Accuses Trump of Pressuring Over Nuclear Deal
An adviser to Iran's Supreme Leader criticized Trump for pressuring Iran to accept U.S. conditions while keeping Iranian terms vague, stating the current draft contains ambiguities that must be resolved.
Silver Rebounds from Weekly Lows but Holds Below 50-Day SMA
Silver (XAG) bounced off weekly lows near $72.47 and climbed above $74.00, gaining over 1.70%, as mixed market sentiment saw rotation out of tech stocks into other sectors amid ongoing Middle East tensions.
Chinese Investors Dump Hong Kong Stocks at Record Pace, Rotate Into AI and Semiconductors
Hong Kong equity ETFs listed in China posted a record $3.7 billion in outflows last week, marking the fifth consecutive weekly outflow. Investors are rotating into China-listed semiconductor and AI stocks.
Zelenskiy: Russia Cannot Occupy Donetsk This Year; Decision on War Lies with Putin
Ukrainian President Zelenskiy stated that Russia will not be able to occupy the Donetsk region this year and warned that Ukraine will continue fighting if Moscow refuses to end the war, placing the decision on Putin.
WTI Crude Oil Slips Amid Israel-Lebanon Ceasefire
West Texas Intermediate crude oil fell nearly 3% on Thursday after a ceasefire between Israel and Lebanon eased Middle East tensions, breaking a three-day winning streak.
Zelenskiy Calls for Ceasefire, Proposes Talks with Putin Under US Monitoring
Ukrainian President Zelenskiy published an open letter to Vladimir Putin calling for an end to the war, proposing a bilateral meeting, and stating Ukraine is ready for a ceasefire during talks with US monitoring.
Fed's Schmid: Inflation Biggest Risk, May Need Higher Rates
Kansas City Fed President Jeffrey Schmid named inflation the top threat to the US economy and hinted that further rate hikes might be necessary to control price pressures.
Gold Rises Over 1% as Oil Slide Eases Inflation Concerns
Gold (XAU/USD) gained more than 1% on Thursday, driven by a sharp decline in oil prices that reduced inflationary pressures and supported risk appetite amid hopes for a US-Iran resolution.