Key Takeaways Fastest pace in 2.5 years: Spain’s industrial price index rose 10.5% year-on-year in May — the steepest increase since December 2022. Accelerating from April: The prior month’s reading was revised up to 8.5% from an initial 8.3%. Energy the primary driver: A 28.2% surge in energy costs — …
Read More »Gold Breaks Below $4,000 for First Time Since November: Down 30% From January Record as Fed Tightening Bets Crush Bullion
Key Takeaways Gold breaches $4,000: Spot gold slipped 0.5% to $3,978.60 per ounce — hovering at its lowest in more than seven months after breaking below the key psychological level Wednesday for the first time since November 2025. Gold futures near $4,000: U.S. gold futures edged 0.4% lower to $3,993.80. …
Read More »Oil Slides Below Pre-War Levels as Hormuz Flows Near Normal: 20 Million Barrels Transited in 24 Hours Under Military Protection
Key Takeaways Four-day losing streak: Brent fell 0.5% to $73.38 per barrel, while WTI edged down 0.3% to $70.14 — both near pre-war levels. Brent at February 27 low: The global benchmark touched its lowest level since the day before the U.S.-Iran conflict began. Prior session’s 4% crash: Wednesday’s sharp …
Read More »Bitcoin Flatlines Near Annual Lows as Seven-Week ETF Outflow Streak Extends: CLARITY Act Could Be Coinbase’s Catalyst
Key Takeaways Bitcoin barely moves: The world’s largest crypto edged up 0.5% to $62,673.2, keeping just above annual lows in a tight trading range. Tech rout keeps risk appetite suppressed: This week’s wipeout in chipmaking and AI stocks left investors skittish toward crypto — even as capital rotated out of …
Read More »Oil Slides to 4-Month Lows as Supertankers Exit Gulf and Iran Sanctions Waiver Opens Supply Floodgates
Key Takeaways Oil extends losses: Brent fell 2% to $75.52 per barrel, while WTI slipped 1.8% to $71.89 — both settling around four-month lows. Third straight session of declines: The losing streak reflects rapidly unwinding supply disruption fears. Supertankers exiting the Gulf: Several previously stranded supertankers have successfully left the …
Read More »Gold Tests $4,000 Support as Dollar Hits Fresh 13-Month High: September Fed Hike Now 70% Priced
Key Takeaways Gold extends losing streak: Spot gold fell 0.5% to $4,090.72 per ounce after touching as low as $4,050.60 — approaching the critical $4,000 psychological level. Gold futures drop 1%: To $4,109.50 per ounce. Five losses in six sessions: Bullion is now suffering through three straight weekly declines. Dollar …
Read More »European Stocks Flatline as AI Rout and Fed Hawkishness Deliver Double Blow: 50bps of U.S. Tightening Now Priced
Key Takeaways Directionless open: The Stoxx 600 was flat; Germany’s DAX fell 0.6%; France’s CAC 40 gained 0.1%; Italy’s MIB and FTSE 100 each declined 0.2%. Tech rout hangover: Tuesday’s sharp technology selloff dragged the regional benchmark to a more than one-week low — momentum has yet to recover. Valuation …
Read More »KOSPI Rebounds 3.4% as Samsung Unveils $5.8B Buyback and SK Hynix ADR Listing Revives Investor Confidence
Key Takeaways Sharp rebound: The KOSPI jumped 3.4% to 8,480.21 points, recovering a portion of Tuesday’s near-10% crash. Samsung surges 7-10%: Yonhap reported the company is preparing a share buyback worth nearly 90 trillion won ($5.8 billion) — the key catalyst for the recovery. SK Hynix rises 3.4%: A report …
Read More »Dollar Hits 1-Year High as Two Fed Hikes Now Priced: Yen Approaches 40-Year Low as Katayama Holds Emergency Talks With Bessent
Key Takeaways Dollar at 1-year peak: The DXY rose to 101.18 — its highest in over a year — driven by elevated Treasury yields and aggressive Fed repricing. October hike at 80% probability: CME FedWatch now assigns roughly 80% odds of a Fed move in October after last week’s hawkish …
Read More »Dollar Hits 1-Year High as Two Fed Hikes Now Priced: Yen Approaches 40-Year Low as Katayama Holds Emergency Talks With Bessent
Key Takeaways Dollar at 1-year peak: The DXY rose to 101.18 — its highest in over a year — driven by elevated Treasury yields and aggressive Fed repricing. October hike at 80% probability: CME FedWatch now assigns roughly 80% odds of a Fed move in October after last week’s hawkish …
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