Market news
Crypto, stocks, forex and macro, aggregated for traders.
RBA's Kent Signals More Decisive Response to Disinflation, Eyes Earlier Policy Easing
RBA official Kent indicated the central bank would respond more aggressively to future disinflation, potentially using policy tools earlier and front-loading support, with less tolerance for inflation below target.
Oil Rises as US and Iran Agree to Halt Strikes, Resume Talks in Doha
Oil prices climbed after reports that the US and Iran agreed to suspend military strikes and restart negotiations in Doha, temporarily easing supply disruption fears.
Oil Slips as Middle East Tensions Ease, Focus Turns to Economy
Oil prices have fallen from recent highs as fears of a wider Middle East war subside, prompting investors to shift attention back to global economic data, technology stocks, corporate earnings, and interest rate expectations.
US Stock Futures Rise on US-Iran Peace Talks, AI Optimism
US stock futures rose after reports the US and Iran agreed to halt strikes and resume peace talks in Qatar. Hopes for a lasting ceasefire and AI optimism have global stocks on track for their best quarter since 2020.
US Equities Pull Back, Oil Slides as Fed Remains Hawkish
Major US equity indices fell last week, with the Nasdaq 100 dropping 4.2% and the S&P 500 down 2%, while oil prices slid. The decline is seen as a healthy correction within an otherwise trending market.
UK to Replace Destroyer and Frigate Plans with Hybrid Drone-Capable Warships
The UK is set to replace plans for Type 83 destroyers and Type 32 frigates with at least six hybrid common combat vessels designed to deploy aerial and underwater drones, reflecting a shift toward autonomous warfare. The new ships are expected to enter service in the early 2030s.
Iran State TV Details Strait of Hormuz Transit Rules Vessels Must Coordinate with Revolutionary Guards
Iran's state television stated that passage through the Strait of Hormuz still requires coordination with the Revolutionary Guards, and specified the safest transit routes for vessels entering and leaving the Gulf.
Iran: Israel's Lebanon Withdrawal Mandated by Interim US Accord
Iran's foreign minister stated that Israel's withdrawal from Lebanon and cessation of strikes are mandated by an interim agreement with the US. Tehran also welcomes a Gulf security framework with Arab nations and pledges to expand ties with Iraq's new administration.
Iran Says It Alone Is Responsible for Restoring Strait of Hormuz Shipping
Iran's foreign minister stated that Tehran is solely responsible for reinstating Strait of Hormuz maritime traffic to pre-war levels, warning that any external party's involvement would complicate the normalization of Gulf shipping.
US Consumer Credit Surges $25B to Record $5.14 Trillion in March
Total US consumer credit rose $25 billion in March to a record $5.14 trillion, driven by a $10 billion jump in revolving credit (credit cards) and a $15 billion increase in non-revolving credit, according to The Kobeissi Letter.
Israel Destroys Hezbollah Underground Infrastructure in Southern Lebanon
The Israeli military announced it has destroyed Hezbollah's underground infrastructure in a southern Lebanese village. Israel also informed the U.S. ahead of the strike, according to the Prime Minister's Office.
Putin Says Russia Agreed to Concessions Proposed by US Negotiators
Russian President Vladimir Putin stated that Moscow consented to concessions formulated by U.S. negotiators, which were presented as compromises by the American side.
Putin Says Russia Agreed to Concessions Proposed by US Negotiators
Russian President Vladimir Putin stated that the compromises in question were exactly those proposed by the American side, and that Russia consented to those concessions as requested.
Putin: No Formal Agreements on 'Spirit of Anchorage' for Ukraine Conflict
Russian President Vladimir Putin stated that the 'Spirit of Anchorage' was never formalized in official documents, and no agreements were signed, though possibilities for resolving the conflict in Ukraine were discussed along with potential compromises.
Trump Announces September 1 Start for New East Potomac Golf Course
Former President Donald Trump announced that construction of a new East Potomac golf course will begin on September 1, designed by architect Tom Fazio and built through the Department of the Interior to high golf standards.
Trump Announces Rebuilding of East Potomac Golf Course as World-Class Public Facility
Donald Trump declared the East Potomac Golf Links dilapidated and dangerous, announcing plans to rebuild it as a world-class public course capable of hosting major tournaments.
Qatari National Killed, Vessel Vanished Amid Military Operations
A Qatari national was killed and another wounded after a vessel went missing during military operations and was discovered on Sunday. Authorities remain silent on any connection to recent Iranian drone attacks in Kuwait and Bahrain.
Putin: Russia Still Faces Fuel Shortages, Diesel Export Ban Under Consideration
President Putin says Russia still faces fuel shortages with queues at gas stations, and a diesel export ban is under consideration to stabilize domestic supplies.
Barclays Survey: 52% of Institutional Investors Use AI for Research
A Barclays survey of 410 fixed-income investors found 52% primarily use AI for research, while 44% of hedge funds use it for market data analysis.
Two Killed in Attack on Syrian Defense Ministry Vehicle Near Daraa
Unidentified assailants opened fire on a vehicle belonging to Syria's Ministry of Defense in Tafas, west of Daraa, killing two people and injuring a military official.
US Requests Israel Amend Lebanon Deal Text on Southern Village Withdrawal
Axios reports that the US asked Israel for two changes to the text of a potential Lebanon deal, including an Israeli withdrawal from a southern Lebanese village currently under occupation and a clear statement that this would begin a broader redeployment from Lebanon.
Tech Stock Volatility Gap Hits 23-Year High
The gap between the Nasdaq 100 volatility index (VXN) and the broader VIX has reached 12 points, the highest in at least 23 years, signaling extreme uncertainty in tech stocks relative to the market.
Iran and Lebanon speakers call for urgent meeting to end war in Lebanon
Iranian Parliament Speaker Mohammad Bagher Qalibaf and Lebanese Parliament Speaker Nabih Berri have stressed the need for an immediate unity meeting of the conflict monitoring committee to pursue an end to the war in Lebanon.
Iran: Ending War, Lebanon Sovereignty Key in MoU
Iranian Parliament Speaker told his Lebanese counterpart that ending the war and preserving Lebanon’s sovereignty are essential parts of the first clause of the memorandum of understanding.