Market Update

For weeks, markets were trading the fear of conflict. On Monday, they suddenly had to price in the possibility of peace.Gold surged above $4,300 an ounce after the United States and Iran moved closer to a landmark agreement that could end months of tensions, reopen the Strait of Hormuz, and …

The US dollar started the week under pressure as investors reacted to growing optimism surrounding a potential peace agreement between the United States and Iran. Improved sentiment across global markets reduced demand for traditional safe-haven assets, prompting some traders to move away from the greenback.The shift followed reports that both …

A planned memorandum of understanding between the United States and Iran, expected to be signed on June 19, could mark one of the most significant diplomatic breakthroughs between the two countries in years. The proposed framework aims to extend the current ceasefire, reopen the strategically important Strait of Hormuz, and …

Growth in US industrial production slowed sharply in May, adding to signs that the country’s manufacturing sector may be losing momentum after a strong spring rebound.Official data showed industrial output rose by just 0.1% during the month, falling short of expectations and marking a significant slowdown from April’s 0.7% increase, …

Yen Advances as US Economic Data DisappointsThe Japanese yen strengthened on Monday after weaker-than-expected US industrial data reduced support for the US dollar, while investors turned their attention to a crucial interest-rate decision from the Bank of Japan scheduled for Tuesday.US industrial production rose by just 0.1% in May, falling …

US industrial stocks climbed to a record high on Monday as investors welcomed news of an interim peace agreement between the United States and Iran, easing fears of a prolonged energy shock that had weighed heavily on major sectors of the economy.The rally was driven by growing optimism that the …

Key Takeaways Futures explode higher: S&P 500 futures jumped 1.2%, Nasdaq 100 futures surged 2.1%, and Dow futures climbed 1%. Peace deal confirmed: Washington and Tehran reached an interim agreement to end their three-month war and reopen the Strait of Hormuz. Switzerland signing Friday: Pakistan — the frequent mediator — …

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 2.3% to $65,809.9, continuing its recovery from recent annual lows. U.S.-Iran MOU confirmed: Both sides announced a memorandum of understanding Sunday, with formal signing set for Friday. Deal details: The agreement includes an immediate end to hostilities, Hormuz reopening within 30 …

Key Takeaways Dollar retreats: The DXY fell 0.2% to 99.52 — its third consecutive losing session — as the wartime safe-haven premium unwound. Euro and pound at weekly highs: Both currencies climbed to their strongest levels since June 5. Peace framework confirmed: Washington and Tehran agreed to end hostilities, lift …

Key Takeaways Gold jumps sharply: Spot gold rose 2.2% to $4,311.64 per ounce, while gold futures also gained 2.2% to $4,332.75. Extends recovery from multi-month lows: Bullion continues to rebound from last week’s near-$4,000 trough. U.S.-Iran peace framework announced: Both sides confirmed a deal Sunday to halt hostilities, end the …