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Market Update

Dollar Climbs to 2-Month High as Hot Jobs Data and Gulf Escalation Fuel Rate Hike Bets: Yen Hits Intervention Danger Zone

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 …

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Trump Demands Israel and Iran “Stop Shooting” as War Reignites: “Very Close to a Final Deal” — But Iranian Official Says It’s “No Longer Feasible”

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 …

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European Stocks Sink as Iran and Israel Break Ceasefire: Iranian Official Says Peace Deal “No Longer Feasible”

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 …

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Gold Crashes to 11-Week Low as Hot Jobs Data Cements December Fed Rate Hike: Iran-Israel Escalation Adds to Pressure

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 …

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Bitcoin Steadies at $63K After 18% Weekly Wipeout: Record ETF Exodus Meets Iran-Israel Escalation

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 …

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KOSPI Crashes 8.8% and Nikkei Tumbles 3.6% as Iran-Israel Missiles and Rate Hike Fears Trigger Tech Meltdown

Key Takeaways KOSPI worst in Asia: South Korea’s index plunged as much as 8.8% on massive losses in chip heavyweights. Samsung falls 4.7%: The memory chip giant was among the biggest KOSPI drags. SK Hynix limits damage: Fell only 1.1% after announcing an advanced chips tie-up with Nvidia. Nikkei slides …

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Oil Surges 2.6% as Iran Fires Missile Barrage at Israel: Ceasefire Collapses and Peace Deal Hopes Evaporate

Key Takeaways Crude jumps: Brent rose 2.6% to $95.49 per barrel, while WTI climbed 2.4% to $92.70 — sharply reversing last week’s late decline. Iran fires missiles at northern Israel: Multiple missile barrages were launched Sunday, with Israeli air defenses intercepting the projectiles. Retaliation for Beirut strike: Tehran said the …

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Weekly Recap: Dollar Leads Amidst Global Developments

The US dollar showed mixed performance over the past week, starting on a weak note as sentiment improved amid diplomatic efforts in the Middle East, before regaining strength later, supported by a combination of positive economic data, escalating geopolitical tensions, and rising oil prices. This is reflected, along with other …

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