News

Copper: Mixed China signals and positioning shifts – ING

ING’s Warren Patterson and Ewa Manthey say China’s latest trade data for Copper are mixed, with higher unwrought Copper imports in May but lower year-to-date volumes due to stronger domestic refined output.

Source  Fxstreet1781076791
Better IPO Buy: SpaceX vs Anthropic

Key PointsSpaceX and Anthropic are both planning enormous market debuts.The former set its operation for later this week; the latter hasn’t yet set a date.These 10 stocks could min

Source  Motley_fool1781076600
What a 3.9% Social Security COLA in 2027 Would Add to Your Monthly Check

Key PointsBased on the average Social Security benefit today, a 3.9% COLA adds about $81 to the typical monthly check.That doesn't account for a rise in Medicare Part B.If the stan

Source  Motley_fool1781076360
With Mortgage Rates Stuck High, Can UWM Holdings Keep Taking Market Share?

Key PointsUWM keeps gaining share despite elevated mortgage rates.Its broker-focused model creates a meaningful competitive advantage.Scale helps UWM maintain profitability in diff

Source  Motley_fool1781076300
Alphabet Is Raising $80 Billion for AI Infrastructure. These 4 Semiconductor Stocks Win the Most.

Key PointsNvidia and Broadcom have long-term relationships to provide chips to Alphabet.TSMC has about 70% of the foundry chip market.Alphabet and Marvell are reportedly discussing

Source  Motley_fool1781076300
Euro remains near two-month lows with all eyes on US CPI release

The Euro (EUR) ticks up for the third consecutive day against the US Dollar (USD) on Wednesday, but remains capped below a previous support zone at 1.1575, with the two-month lows, in the 1.1500 area, at hand.

Source  Fxstreet1781076143
S&P 500: Tech-led swings as AI exuberance cools – Deutsche Bank

Deutsche Bank’s Jim Reid describes a volatile session for US equities, with a sharp intraday tech sell-off largely reversing by the close. The S&P 500 and NASDAQ finished modestly lower, while semiconductors underperformed.

Source  Fxstreet1781075958
Cardano Price Forecast: ADA downtrend deepens despite on-chain bottoming signals

Cardano (ADA) edges lower to $0.1600 at press time on Wednesday, signaling a potential extension of the 30% loss from last week. The altcoin remains under intense selling pressure, weighing on its retail support.

Source  Fxstreet1781075931
Oil: Hormuz risks and hidden flows – Rabobank

Rabobank’s Global Strategist Michael Every highlights that Oil prices fell as the United States (US) energy secretary reported rising Hormuz transits, with evidence the US Navy may be moving more crude through the Strait than official data show.

Source  Fxstreet1781075389
Japanese and South Korean Stocks Both Close Lower, SoftBank, SK Hynix Plunge Over 7%. VKOSPI Fear Index Hits Record High

TradingKey - During the Asian session on June 10, both Japanese and South Korean stock markets closed lower, weighed down by escalating military conflict between the U.S. and Iran, continued pressure

Source  Tradingkey1781075270
Tim Draper claims Bitcoin is safer than Banks in Quantum era

Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels...

Source  Cryptopolitan1781075015
Bitcoin Traders Watching Closely As Trump Hints At Imminent Iran Deal

Bitcoin is already being eyed for a move toward $65,000 if a US-Iran deal is sealed, with US President Donald Trump saying such an agreement could be signed within two or three days. Related Reading:

Source  Newsbtc1781074852
US Dollar Index: CPI and geopolitics underpin strength – MUFG

MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength.

Source  Fxstreet1781074820

Austria Industrial Production (YoY) fell from previous 1.7% to 0.6% in April

Source  Fxstreet1781074811
Euro flatlines against British Pound as traders brace for ECB rate decision

The EUR/GBP cross trades on a flat note near 0.8625 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision on Thursday.

Source  Fxstreet1781074593
Forex Today: Markets await US inflation data, BoC rate decision

Here is what you need to know on Wednesday, June 10:

Source  Fxstreet1781074480
Euro strengthens against Japanese Yen due to ECB rate hike odds

EUR/JPY extends its gains for the third successive day, trading around 185.30 during the early European hours on Wednesday.

Source  Fxstreet1781074430
Japanese Yen: Weakens gradually against US Dollar toward 160.75 – UOB

UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief spike and reversal, but maintain a slightly positive multi-day stance.

Source  Fxstreet1781074297
BNB Price Forecast: Ongoing correction threatens deeper losses below key support

BNB (BNB), formerly known as Binance Coin, continues to extend its losses, trading below $585 at the time of writing on Wednesday, having corrected over 3% so far this week.

Source  Fxstreet1781074208
IXUS vs. IEFA: Which International ETF Is Better for Most Investors?

Key PointsThe iShares Core MSCI Total International Stock ETF has outperformed the S&P 500 index in the past year (as of June 7).The iShares Core MSCI EAFE ETF has delivered a trai

Source  Motley_fool1781074200
TSMC May Revenue Hits NT$416.9 Billion, Surging 30%. AI Chip Orders Pour In.

TradingKey - Global semiconductor foundry giant TSMC ( TSM) announced its May 2026 revenue report on June 10, with monthly consolidated revenue reaching NT$416.98 billion, a significant year-on-year i

Source  Tradingkey1781074156
Silver Price Forecast: XAG/USD finds temporary support near $63.50; downside remains likely

Silver price (XAG/USD) rebounds to near $65.00 in the European trading session on Wednesday after attracting bids at around over the two-month low of $63.45 earlier in the day.

Source  Fxstreet1781073785
Indonesian Rupiah: BI tightening to defend IDR – Commerzbank

Commerzbank’s Charlie Lay reports that Bank Indonesia delivered a surprise off-cycle 25 bp hike to 5.50%, reinforcing its focus on Rupiah stability through higher rates and FX intervention.

Source  Fxstreet1781073686
Canadian Dollar holds near lows ahead of US CPI, BoC’s monetary policy decision

The Canadian Dollar (CAD) edges up against the US Dollar (USD) on Wednesday,  with the USD/CAD pair trading near1.3940 after hitting year-to-date highs at 1.3969 on Tuesday.

Source  Fxstreet1781073343
BTC Hovers Near 60,000 Mark After Plunge. US May CPI Set to Be Revealed, How Is Wall Street Betting?

TradingKey - Bitcoin's rebound falters as the U.S.-Iran conflict and CPI data likely sustain downward pressure.On June 10, escalating U.S.-Iran tensions put the already fragile crypto market to the te

Source  Tradingkey1781073316
Equities: Tech-led pullback weighs on indices – Danske Bank

Danske Research Team notes that major equity indices fell, led by weakness in the tech sector, which has dropped about 7% since Friday despite a modest rebound on Monday.

Source  Fxstreet1781073143
SpaceX Believes Its IPO Is "Highly Dependent" on This 1 Catalyst

Key PointsSpaceX claims a $28.5 trillion total addressable market.A single project could make or break that growth potential.These 10 stocks could mint the next wave of millionaire

Source  Motley_fool1781072700
goTop
quote