Market Update

For years, higher interest rates have been viewed as one of the strongest pillars supporting a currency. The logic is simple: higher rates attract capital, boost demand for the currency, and help strengthen its value.Yet the British pound is now challenging that assumption.Despite offering the highest policy rate among G7 …

Apple has unveiled a major upgrade to its voice assistant Siri during its annual global developer conference held in California on Monday, marking a new step in the company’s push to strengthen its position in the artificial intelligence race.The upgraded version, presented as part of Apple’s broader AI strategy, is …

Gold prices started the new week with a small decline, slipping slightly after recently trading at high levels. The metal briefly moved lower in early trading before stabilizing around the mid-$4,300 range per ounce. Even with this short-term weakness, gold remains significantly higher compared to last year, with gains of …

Bitcoin is once again fighting to hold its ground above the critical $60,000 threshold after one of its worst monthly performances in years. The cryptocurrency was trading around $63,600 at the start of the week, recovering slightly from recent lows but still carrying the scars of a brutal sell-off. Bitcoin …

US stock markets began the week on uneven footing, with technology shares rebounding strongly from last week’s sharp losses while the Dow Jones Industrial Average lagged behind. The recovery was driven largely by renewed buying in semiconductor and artificial intelligence-related companies, helping lift broader market sentiment after a turbulent trading …

Key Takeaways Dollar at 2-month peak: The DXY edged up 0.1% to 100.17 — its highest since April 6 — after Friday’s 0.7% surge. Jobs data the catalyst: The U.S. added 172,000 jobs in May — well above forecasts — reinforcing bets the Fed could tighten further. December hike now …

Key Takeaways Trump’s urgent plea: The president posted on social media: “Israel and Iran must immediately stop ‘shooting.'” First Iran-Israel exchange since April: The attacks marked the most serious breach of the U.S.-brokered ceasefire. How it started: An Israeli strike on Beirut triggered Iranian retaliation; Israel then hit targets in …

Key Takeaways Broad-based decline: The Stoxx 600 fell 0.9%, Germany’s DAX dropped 1.3%, France’s CAC 40 slid 0.9%, and the U.K.’s FTSE 100 was down 0.4%. Ceasefire collapses: Iran and Israel attacked each other for the first time since the April truce — the most serious breach yet. How it …

Key Takeaways Gold at 11-week low: Spot gold fell 0.8% to $4,296.08 per ounce — its weakest level since March 23; gold futures dropped 1% to $4,322.60. Friday’s 3% slump extended: The yellow metal suffered its worst single-day decline in months on Friday’s payrolls shock. Jobs data crushes rate cut …

Key Takeaways Modest bounce: Bitcoin rose 1.5% to $63,053.7 after shedding nearly 18% last week — its worst weekly performance of 2026. Record ETF outflow: U.S. spot Bitcoin ETFs saw $1.72 billion in outflows last week — the biggest weekly exodus since April 2025. Four-week outflow streak: Combined outflows over …