Gulf traffic resumes under Iran-Oman regulation following a US-Iran ceasefire, easing supply concerns and boosting market sentiment. Iran confirmed the lifting of its naval blockade in the Strait of Hormuz after a US ceasefire memorandum, effective tonight. Gulf shipping r
The confirmed MOU ends Iran’s naval blockade, allowing regulated Gulf traffic starting tonight, but sanctions talks remain conditional. Iran’s confirmation of a ceasefire memorandum of understanding with the U.S. removes geopolitical risk premiums from crude markets, promp
Analysts question SpaceX's $226 billion valuation, requiring two successful moonshots to justify the price tag amid broader market shifts. US equity futures edged higher early Monday, with S&P 500 (ES) and Nasdaq (NQ) contracts up 0.7% and 1%, respectively, while oil price
May inflation rises to 4.2% YoY, the highest since April 2023, pressuring gold but sparking technical reversal signals. Gold prices are eyeing a breakout at $4,242 after May CPI climbed to 4.2% year-on-year, exceeding April’s 3.8% and marking the highest reading since Apri
Market shifts focus from rate cuts to inflation shock The market is no longer anticipating rate cuts. Instead, it is reacting to inflation shock. For most of 2025, the narrative was clear: inflation was retreating toward target and the labor market was softening.
The U.S. has reached an agreement with Iran, reopening a critical oil shipping route and easing supply disruption risks. U.S. President Donald Trump announced a completed deal with Iran, resulting in the reopening of the Strait of Hormuz to international shipping. The move
Thin market conditions amplify dollar weakness after unverified reports of a US-Iran peace agreement surface. The USD declined in thin early Asia trading after reports emerged of a potential peace agreement between the US and Iran. Market liquidity was limited, amplifying
Thin liquidity in Asian markets amplifies the dollar's decline following news of a US-Iran peace agreement. The USD weakened in early Asian trading hours after reports emerged of a peace agreement between the US and Iran. Trading volumes remained low, with only New Zealand
President Trump announces a potential agreement with Iran, including sanctions relief and Strait of Hormuz access, though Iran has not confirmed. President Trump stated that a U.S.-Iran deal covering nuclear weapons and the reopening of the Strait of Hormuz is imminent. He
A board member sold all 17,981 CPRI shares at $19.42 each, fully liquidating his position as of June 8, 2026. A Capri Holdings director sold his entire 17,981-share stake in an open-market transaction on June 8, 2026, generating approximately $349K. The shares were sold at