Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% to $75.16 — both at their lowest since March 2. 10% crash in two sessions: The pace of the selloff underscores how dramatically market sentiment has shifted. Iran deal the driver: The MOU paves …

Key Takeaways Sales beat expectations: U.S. retail sales rose to $763.7 billion in May, exceeding the 0.5% growth forecast. Prior month revised: April’s reading came in at a 0.5% expansion. Strong annual growth: Retail sales were up 6.9% year-on-year in May. Retail trade outperforms: Retail trade sales specifically rose 1.0% …

Key Takeaways Headline CPI accelerates: Eurozone annual inflation rose to 3.2% in May from 3.0% in April — in line with expectations. Monthly pace slows: Month-on-month CPI eased to 0.1% from 1.0% — as anticipated — offering some comfort. Energy the key driver: Annual energy prices surged 10.8% — matching …

Key Takeaways Bitcoin barely moves: The world’s largest crypto fell 0.3% to $65,847.7, cutting short its recent peace deal-driven recovery. Tight ranges prevail: Crypto markets are holding cautious positions ahead of the Fed decision later today. ETF outflows easing: Spot Bitcoin ETFs are seeing reduced outflows, offering some relief — …

Key Takeaways Dollar stabilizes: The DXY traded largely flat at 99.55 — near a 10-day low — ending its four-session losing streak. Euro stalls: EUR/USD hovered near one-week highs at 1.16 after flatling as traders awaited the Fed. No large bets placed: Currency desks are holding back ahead of the …

Key Takeaways CPI steady at 2.8%: UK inflation was unchanged from April’s 13-month low — well below the 3.0% forecast by economists and the BoE’s own 3.3% projection. Sterling weakens slightly: The pound dipped against the dollar following the softer-than-expected print. Gilt yields fall: UK government bond yields dropped to …

Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ticked 0.2% lower to $4,347.26 — pausing after four straight sessions of gains. Rebounding from depths: Bullion has recovered significantly from recent multi-month lows near $4,000 per ounce. Iran deal the catalyst: The peace …

Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% to $75.16 — both at their lowest since March 2. 10% crash in two sessions: The pace of the selloff underscores how dramatically market sentiment has shifted. Iran deal the driver: The MOU paves …

Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average extended its strong performance across Wall Street trading, delivering a sharp upward surge that propelled the index past the formal target of 52,170 points outlined in our previous report, with the contract registering a fresh high near 52,638 …

USD/CAD Technical Analysis The USD/CAD pair extended its positive momentum within an orderly upward trajectory, preserving its recent gains after successfully tagging the first projected target at 1.4020 — with the pair registering an intraday high of 1.4018. This development underscores the continued strength of the uptrend and the firm …