Market news
Crypto, stocks, forex and macro, aggregated for traders.
June US CPI Misses Expectations, Easing Fed Rate Hike Pressure
US headline CPI fell 0.4% month-over-month in June, with the annual rate dropping to 3.5% from 4.2%, reducing expectations for further Federal Reserve rate hikes.
US Treasury Posts $120 Billion Deficit in June, Deteriorating from Surplus
The US Treasury recorded a $120 billion deficit in June, a sharp reversal from a $27 billion surplus a year earlier, as tariff refunds surged following a Supreme Court ruling and outlays rose sharply.
US Indices Mixed at Open: Dow Falls, Nasdaq and S&P Edge Higher
The Dow Jones Industrial Average slipped 0.23% at the open, while the Nasdaq rose 0.49% and the S&P 500 gained 0.13%, reflecting a mixed start for US equities.
ING Economists See Upside Risks to Hungary's GDP Growth
ING economists Peter Virovacz and Frantisek Taborsky have turned more optimistic on Hungary's growth outlook, citing positive high-frequency data and stronger consumption. They maintain a 1.5% GDP growth forecast for 2026 but see clear upside risks.
US Inflation Slows More Than Expected, Bitcoin Rises Nearly 2%
US consumer prices fell 0.4% in June m/m versus a forecast decline of 0.1%. Annual inflation slowed from 4.2% to 3.5%, and core CPI came in at 2.6% vs 2.8% expected. Bitcoin surged to near $64,000 on the news.
US June CPI Misses Forecasts, Inflation Cools More Than Expected
US headline CPI fell 0.4% month-over-month in June, well below the -0.1% forecast, while annual inflation eased to 3.5%. Core inflation also softened, with monthly reading flat and yearly rate slowing to 2.6%.
Fed July Rate Hike Odds Crash to 8% After Unexpected CPI Decline
The probability of a Federal Reserve rate hike at the July 29 meeting plummeted to 8% following a larger-than-expected drop in June CPI, the biggest monthly decline since April 2020.
Fed Chair Warsh to Stress No Tolerance for Persistent Inflation
According to prepared remarks, Fed Chair Kevin Warsh will tell Congress the Fed has no tolerance for persistently elevated inflation, signaling a hawkish stance.
US June CPI Inflation Drops to 3.5%, Below Expectations
June CPI inflation fell to 3.5% year-over-year, below the expected 3.8%. Core CPI fell to 2.6%, below 2.8% forecast. Month-over-month CPI dropped 0.4%, the largest decline since May 2020. US stock futures surged.
US CPI Inflation Declines to 3.5% in June vs. 3.8% Expected
The annual US CPI inflation rate fell to 3.5% in June, below the 3.8% forecast and down from 4.2% in May, according to the Bureau of Labor Statistics.
Trump Proposes 20% Fee on Strait of Hormuz Cargo, Notifies Congress of Iran Blockade
President Trump has proposed a 20% fee on cargo shipped through the Strait of Hormuz and formally notified Congress of a renewed U.S. naval blockade on Iran, according to Semafor.
San Francisco protesters call for halt to AI race
About 200 activists marched between the offices of OpenAI, Anthropic and Google DeepMind, demanding a pause on training more powerful AI models while keeping existing services running. They also urged redirecting resources to applied systems and safety.
US Oil Prices Expected Above $85 as Iran Conflict Resumes
Oil prices are forecast to rise above $85 per barrel this month as the US and Iran resume hostilities and consider transit fees on the Strait of Hormuz.
The End of the Payout Anxiety Era: Why 1-Hour Payouts are the New Industry Benchmark
FinanceFeeds highlighted Hola Prime's Deloitte-reviewed payout record, with 98.35% of withdrawals completed within one hour.
Hola Prime Puts WealthCharts Inside Its Futures Platform
Hola Prime added WealthCharts as a selectable charting and execution platform for its funded Futures accounts.
AI Wave Reaches Prop Firms as FundedNext Launches MCP Server
FundedNext launched a Model Context Protocol server giving traders read-only access to connect their accounts with AI assistants such as Claude, ChatGPT and Gemini, appearing to be the first prop firm to do so.
NinjaTrader and Alpha Futures Breakup Turns Bitter, Exposing a Big Industry Risk
After NinjaTrader severed ties, Alpha Futures said it would refund and close all active Premium accounts, escalating into a public dispute.
S&P 500 Options Volume Hits Record, Triples Since 2022
The 10-day moving average of S&P 500 options volume has reached a record ~5.5 million contracts, more than tripling since 2022, while Euro Stoxx 50 options volume remains flat, widening the gap between US and European options activity.
Report: Trump Notifies Congress US Is at War with Iran
President Trump has formally notified the US Congress that the country is at war with Iran, according to a Politico report cited by The Kobeissi Letter.
Iranian Army Targets US Military Facilities in Kuwait
Iranian state media reports that the Iranian Army has begun targeting US military facilities and equipment in Kuwait, with the army confirming strikes on US assets and vessels.
Iran FM Acknowledges Trump's Strait of Hormuz Fee, Calls 20% Too High
Iran’s Foreign Minister Araghchi agrees with President Trump’s proposal for a transit fee through the Strait of Hormuz but considers 20% excessive, offering to set a fairer rate.
Silver Price Drops Nearly 4%, Targets $55.00 as Downtrend Accelerates
Silver fell nearly 4% on Monday, breaking below $60.00 amid escalating Middle East tensions and rising inflation fears, with analysts eyeing the $55.00 level as the next support.
Yemeni Footage Warns of Strikes on Saudi Airports and Refinery
Yemeni military media released footage titled 'The Response Is Coming,' highlighting Saudi targets including King Khalid International Airport and Ras Tanura refinery.
Trump Effect: Oil Rises, Stocks Fall as Iran Tensions Escalate
Tensions between the US and Iran escalate on Monday. Donald Trump announces a naval blockade in the Strait of Hormuz and a 20% fee on cargo shipped through it, pushing oil prices higher and stock markets lower.