Market news
Crypto, stocks, forex and macro, aggregated for traders.
Retail Exit from Magnificent Seven Hits Lowest Level in Four Years
Retail investors accounted for just 6% of Magnificent Seven trading volume last week, the lowest in four years. The 5-day moving average of retail volume has dropped to ~25 million shares, down 79% from April 2025's peak.
Japan Security Flows: Foreign Investors Offload Japanese Stocks in Week to June 27
Japan's weekly security flows data for the week ending June 27 shows foreign investors were net sellers of Japanese stocks and bonds, while Japanese investors sold overseas bonds but bought overseas stocks.
Qatar Reports Positive Progress in US-Iran Talks
Qatar's Foreign Ministry spokesperson said 'positive progress' was made on issues related to the Memorandum of Understanding after separate meetings with US and Iranian delegations in Doha, according to CNN.
Palladium and Platinum Markets Show Diverging Sentiment
Investor sentiment is diverging in the precious metals space: bullish on platinum while bearish sentiment grows for palladium.
Do Government Job Figures Reflect Reality?
A commentary questions the accuracy of official labor market data, noting highly qualified job seekers struggling despite reported strong job creation.
Chinese Officials Plan to Streamline Gold Import-Export Rules
Chinese officials are considering an overhaul of gold import and export regulations to simplify administration and facilitate trade, according to a weekend report.
Qatar Says Parties Agree to Continue Talks After Iran Funeral
Qatari Foreign Minister Ansari reported that parties have agreed to continue deliberations, with a next meeting to be scheduled after the funeral processions for Iran's former supreme leader.
Silver Holds Below $60, RSI Bounce Hints at Breakout
Silver extends gains for second consecutive day, up over 1.25%, but remains below $60, with RSI bounce indicating potential breakout.
Warsh: Inflation Fears Ease as U.S. Economy Stays Resilient
Fed Chair Kevin Warsh said inflation risks have eased while reaffirming the Fed's data-dependent stance. U.S. manufacturing expanded for a sixth month, input costs saw the biggest monthly drop since July 2022, and private-sector hiring remained solid in June.
SoftBank in Talks for $10B Margin Loan Backed by OpenAI Stake
SoftBank is negotiating a $10 billion margin loan using its OpenAI stake as collateral, with Goldman Sachs, JPMorgan, and Mizuho expected to join the lending consortium, per Reuters.
US Job Openings Jump to Highest Since May 2024
US job openings rose to 7.6 million in May, the highest since May 2024, following a surge in April. The job openings-to-unemployed ratio reached 1.0, the highest since January 2025.
BoC's Macklem: Inflation Clearly Above Target, Economy Still Soft
Bank of Canada Governor Tiff Macklem said inflation remains clearly above target while the economy continues to soften, speaking at the ECB's annual forum.
Silver Developer Raises $300M for Future Ounces, Signal Supply Crunch
A silver developer that won't produce until 2031 raised over $300 million, drawing investment from Fresnillo, the world's largest primary silver producer, due to acute scarcity of dedicated silver supply.
US Officials Criticize Venezuela Opposition Leader Machado Over Post-Earthquake Return
Senior Trump officials sharply criticized Venezuelan opposition leader María Corina Machado for attempting to return to Venezuela after a recent earthquake, calling it political opportunism. Her requests to administer aid and lobby Secretary Rubio were rejected, and attempts to enter via Curaçao and Panama failed.
Warsh Says Inflation Risks Have Eased, Bolsters Confidence in 2% Target
Fed Governor Kevin Warsh said inflation risks have eased in recent weeks, strengthening confidence in a return to the 2% target. Short-term Treasury yields fell, while stocks were mixed and gold rose alongside the dollar.
Warsh Boosts Inflation Confidence; Markets Eye NFP
Fed Governor Kevin Warsh said inflation risks have eased, bolstering confidence in the 2% target. Short-term Treasury yields fell, stocks were mixed, and gold rose with the dollar as traders wait for Thursday's nonfarm payrolls report.
Gold Rises as Fed Chair Wars Sees Less Hawkish Than Expected
Gold advanced after traders interpreted Fed Chair Kevin Wars’ remarks as less hawkish than anticipated, with easing inflation risks supporting bullion. Markets now await Thursday’s U.S. payrolls report for further rate guidance.
US Oil Production Hits Record 21.84M Barrels Per Day in April
Total U.S. production of crude oil and petroleum products rose 254,000 bpd in April to a record 21.84 million bpd. Crude oil alone hit a record 13.93 million bpd.
Crude Oil Falls on Oversupply Fears as Iran Talks Progress
WTI and Brent crude prices dropped amid growing oversupply concerns, progress in US-Iran talks, and recovery of shipping through the Strait of Hormuz.
Micron to Invest $250 Million in Children’s Trump Accounts, Launching July 4
Micron will invest $250 million into new tax-advantaged children’s accounts through employee matching and direct contributions, benefiting up to 1 million children. President Trump called it the largest corporate investment of its kind.
Armstrong: US needs spending cap, hard currency; crypto, AI can help
Coinbase CEO Brian Armstrong stated that the United States lacks a cap on government spending and a hard asset-backed currency. He suggested that growth driven by AI, robotics, and crypto could help outpace debt and inflation.
Mexico criticizes US steel/aluminum tariffs and auto rules of origin
Mexico expressed disagreement with several US trade policies, including steel and aluminum tariffs, the exclusion of regional auto parts from tariff calculations, and agricultural seasonality rules, while calling auto rules of origin among the world's most complex.
Republican Party Favored to Win US Senate in 2026 Midterms
The Republican Party is now projected to win control of the US Senate in the 2026 midterm elections, as Democratic odds have slipped to 42%.
Gold Rises Nearly 2% on Mixed US Data and Fed Hawkish Remarks
Gold (XAU/USD) climbed almost 2% on Wednesday despite a strong US dollar and elevated Treasury yields, as mixed US economic data and hawkish comments from Fed Governor Kevin Warsh buoyed demand for the safe-haven metal.