Market news
Crypto, stocks, forex and macro, aggregated for traders.
US Investor Sentiment Hits Extreme Levels, Warning of Possible Correction
The U.S. Equity Sentiment Indicator reached 2.0, near its highest since 2021, signaling historically stretched positioning and raising the risk of a pullback.
Hedge Funds Cut US Tech Exposure at Fastest Pace in Over a Decade
Hedge funds are aggressively reducing their positions in US Technology, Media & Telecom (TMT) stocks, with outflows from the sector the largest and most persistent of any US sector in 2026.
China's RatingDog Manufacturing PMI Eases to 51.7 in June, Matching Forecasts
China's RatingDog Manufacturing PMI slipped to 51.7 in June from 51.8 in May, aligning with market expectations. The data may influence the Australian Dollar given China's role as a key trade partner.
Japan's Nikkei Rises 2.5% to 71,843.03 on Broad Buying Momentum
Japan's Nikkei share average extended gains, rising 2.5% to 71,843.03, driven by broad buying momentum amid positive global and domestic cues.
Japan's Final June Manufacturing PMI Eases to 54.8
Japan's S&P Global Manufacturing PMI for June was revised down to 54.8 from the preliminary 54.9, signaling continued expansion in factory activity at a slightly slower pace.
Asia-Pacific Equities Rise on Wall Street Gains, BoJ Tankan Survey
Asian stock markets advanced, buoyed by Wall Street's best quarterly performance in six years and stronger-than-expected Japanese business confidence from the BoJ Tankan survey.
Asian Stocks Advance as Tech Rally Continues, Fed in Focus
Asian markets rose after their strongest quarter in 17 years, led by technology stocks. Strong US economic data and sticky inflation keep Fed rate hike expectations alive, while the yen hovers near a 40-year low and gold holds above $4,000.
Anthropic Restores Fable 5 AI Model Access After Trump Administration Deal
Anthropic has reached an agreement with the Trump administration to restore public access to its Fable 5 AI model after a 2.5-week suspension, following enhanced security safeguards.
Japan Tankan Large Manufacturing Index Jumps to 22 in Q2 vs 16 Expected
Japan's Tankan Large Manufacturing Index rose to 22 in Q2 2025, significantly exceeding the market consensus of 16 and the previous quarter's 17.
Trump Weighs War on Iran, Opts to Stick with Talks
According to the Wall Street Journal, US President Donald Trump has held multiple conversations with top defense officials about launching an all-out war on Iran but has chosen to continue diplomatic talks.
Marex Redomiciliation to Bermuda Becomes Effective
Marex Group announced the effective completion of its redomiciliation from England and Wales to Bermuda on July 1, 2026, following shareholder and court approval.
Topstep Labs: Real Experiments. Limited Drops. More Ways to Get Funded.
Topstep Labs, a new innovation unit, debuts with a limited-time $25K Static Trading Combine featuring a fixed max loss limit and $4K payout cap.
Central Banks Cite Crisis Performance as Key Gold Holding Reason
A record 90% of central banks cited gold's performance during crises as a key factor in their decision to hold gold, according to a World Gold Council survey. Emerging market banks particularly value gold as a geopolitical hedge.
Gold Holds Above $4,000 as Strong US Data, Fed Outlook Weigh
Gold prices remain above the $4,000 level as markets digest resilient U.S. labor data, the Federal Reserve's rate path, and ongoing U.S.-Iran peace talks.
ASX Agrees Revised Transformation Plan with ASIC and RBA
The ASX has agreed to a revised transformation plan with regulators ASIC and RBA, adopting an enterprise-wide approach with redesigned workstreams and target outcomes. The Reset Accelerate program implementation begins July 1.
PBoC Overnight Liquidity Tool Refines Interest Rate Framework
MUFG's Michael Wan notes that the People's Bank of China's new overnight liquidity tool, implicitly set at 1.25%, marks a step in refining China's interest rate framework.
US M2 Money Supply Surges $247.8B in May to Record $23.1T
The US M2 money supply rose $247.8 billion in May, reaching a record $23.1 trillion, the largest monthly increase since May 2021. Year-to-date, M2 has surged $698.6 billion, the strongest January-to-May gain in five years.
Republican Party to Hold First-Ever Midterm Convention in Dallas
Donald Trump announced the Republican Party will hold its first-ever midterm convention in Dallas, Texas on September 9-10, celebrating achievements including no tax on tips, overtime and Social Security, stronger borders, lower costs, more jobs and American energy dominance.
DBS Upgrades Singapore GDP Growth Forecast
DBS Group Research economist Chua Han Teng has raised Singapore's GDP outlook, citing resilience to renewed geopolitical shocks from the Middle East.
South32 Approves $725M Sierra Gorda Expansion, Capacity to 60MTPA
South32 approved the Sierra Gorda fourth grinding line project, expanding capacity from ~48 Mtpa to 60 Mtpa with a $725M capital expenditure. First production is expected mid-FY30, full production in FY31, and the expansion is projected to reduce operating unit costs by ~10%.
Qatar PM Reaffirms Mediation in US-Iran Talks with Witkoff, Kushner
Qatar's Prime Minister met with Witkoff and Kushner to reaffirm mediation efforts and support for all negotiation tracks stemming from the recent MOU, with a focus on US-Iran talks.
Trump Reports $635M in Meme Coin Royalties, $500M+ Crypto Sales
Donald Trump's 2025 annual financial disclosure reveals hundreds of millions in crypto earnings, including $635 million in meme coin royalties and over $500 million from World Liberty Financial token sales.
S&P 500 Caps Best Quarter Since 2020 as AI Rally Drives Stocks
The S&P 500 rose 0.8% to close its best quarter since 2020, adding over $8 trillion in market value as AI-driven gains in chipmakers boosted the Nasdaq 100 and Philadelphia Semiconductor Index. Strong U.S. jobs and consumer data supported confidence in economic resilience, while oil fell on hopes of a U.S.-Iran peace deal.
UK Defence Plan Reveals £28B Funding Gap; Starmer Commits £15B
The UK has published a 10-year defence investment plan with a £28 billion funding gap over four years. Prime Minister Starmer has pledged £15 billion, leaving £4.7 billion unfunded, with defence spending targeting 2.7% of GDP by 2030.