Market News

The United States GDP contracted by an annualized 0.5% for the first quarter of this year according to the latest figures from the Bureau of Economic Analysis (BEA) in its third and final estimate.

NASDAQ 100, NVIDIA Reach New Highs; Risk Sentiment Improves on Iran Ceasefire Holding, More US Rate Cuts Expected; Trump Likely to Get new Fed Chair in Place for Sept, or Oct.; Forex Market Sees US Dollar Index Fall to New 3.5-Year Low

NASDAQ 100 Trading Just Below All-Time High, Stock Markets Bullish, Risk Sentiment Improves on Iran Ceasefire; Powell Testifies Happy to Wait for Rate Cuts; Australian Inflation Declines to 3.5-Year Low; Bank of Japan Hints at More Aggressive Tightening

President Trump Announces Ceasefire After Symbolic Iranian Retaliation, Holding Since 7am IST; Stocks Higher, Safe Havens Lower; Crude Oil Tumbles; Markets Await Powell Testimony, Canadian Inflation

Iranian Parliament Votes to Block Strait of Hormuz, No Action Seen Yet; US Secretary Rubio Lobbies China on Strait; Iran Manages Only 1 Missile on Israel in 24 Hours; Minor Risk-On Advance as Markets Open, Gold, Crude Oil Lower

The Fed holds interest rates steady at 4.25%–4.5%, with Powell highlighting economic uncertainty and rising inflation from US tariffs. Markets react cautiously.

FOMC Meeting Leaves Rates Unchanged, Dampens Rate Cut Pace Expectations; Khamenei Angrily Rejects Trump's Surrender Demand; Iranian Missiles Hit Israeli Hospital, Financial Target; Swiss National Bank Expected to Cut Interest Rate Today, Bank of England is Not

USA Still Mulling Entering War, Has Tool to Destroy Fordow Plant; Crude Oil Remains Bullish, Though Not Spiking to New Highs Yet; Iranian Missile Fire on Israel Remains Weak; Israel Continues Striking Iran, Issuing Evacuation Order for Tehran Airport District; Markets Await Fed Policy Meeting; Silver Hits New 13-Year High; UK Inflation Higher Than Expected

US President Trump Calls to Evacuate Tehran, Mocks Tucker Carlson, Macron and Returns to White House Early from G7 Summit; Israel Scores Major Tactical Wins Without Losing a Single Plane; Rate of Iranian Missile Fire on Israel Drops Dramatically but Remains Lethal; Israel Kills New Iranian Military Head

Crude Oil Futures Reach 4-Month High; Iran Targets Civilian Residences in Tel Aviv With Precision Ballistic Missiles; Israel About to Issue Evacuation Orders for Tehran Neighborhood Demolitions; EUR/USD Trending Higher

Annualized US CPI now stands at 2.4%, up from 2.3% but lower than the expected rate of 2.5%.

US CPI Data Awaits; Bitcoin Still Trading Near $110,000; Silver, Palladium Near Long-Term Highs; China/US Trade Talks Conclude Well, US/Mexico Near Steel Deal

Bitcoin Breaks Above Resistance to Trade as High as $110,000; Silver Again Hits 13-Year High; Palladium Retreats From 7-Month High; WTI Crude Oil Rising as Iran Threatens Israel

Asian Equities Rise Ahead of US/China Trade Negotiation; US Dollar Declines, Looking Heavy Near Key Support; Silver Hits 13-Year High

European Central Bank Expected to Cut Today to 2.15%; Low Non-Farms Forecast, ISM Services Data Suggest US Economy Slowing; Bank of Canada Holds Rates at 2.75%