May CPI rose 2.8% year-on-year, below the 3.0% estimate, easing pressure on the Bank of England to tighten policy further. UK consumer prices rose 2.8% in May from a year earlier, missing economists’ 3.0% forecast and matching April’s annual rate. Monthly CPI increased 0.2
Two crude carriers reverse course toward Fujairah after reports of a potential US-Iran agreement ease Hormuz transit risks. Two oil tankers, including a Suezmax and a very large crude carrier, have reversed course toward the UAE’s Fujairah port after initially heading to A
Fairshake PAC's record $12 million spending helped pro-crypto Republican Barry Moore secure the Alabama Senate nomination. Republican Barry Moore won Alabama’s GOP Senate primary runoff after crypto super PAC Fairshake spent over $12 million backing his campaign. The spend
BlackRock’s IBIT recorded $16.3526 million in net inflows, driving total U.S. spot Bitcoin ETF inflows to $10.0643 million on June 16. U.S. spot Bitcoin ETFs attracted $10.0643 million in net inflows on June 16, led by BlackRock’s IBIT with $16.3526 million. The inflows ma
Dollar steady as traders await Fed meeting decision The dollar is seeing more pushing and pulling on the week as traders digest the US-Iran framework agreement. The final details of the agreement are yet to be confirmed, but it is expected to have an impact on the mar
Markets price a 99.4% probability of unchanged rates as the Federal Reserve prepares its latest policy decision under new leadership. The Federal Reserve is expected to leave interest rates unchanged at 3.5-3.75% in its upcoming policy announcement. Market pricing reflects
Investors await the Federal Reserve's policy update after global tech stocks fell, capping gains in regional equities above $2,300 gold. Asian equities showed mixed performance Wednesday, pressured by a pullback in global technology shares and caution ahead of the Federal
WYHG resolved a December 2025 Nasdaq deficiency notice by meeting the minimum bid price requirement, the company announced. Wing Yip Food (WYHG) has regained compliance with Nasdaq’s minimum bid price rule, the company said after receiving formal notice from the exchange o
Traders pause ahead of the Federal Reserve’s interest rate announcement, pushing the yen higher against the dollar in early trading. The Japanese yen strengthened against the US dollar, with the USD/JPY pair falling to near 160.25 in early European trading on Wednesday. Ma
A key risk-adjusted return metric for BTC reached -20, a level historically signaling bear-market bottoms, per on-chain data. Bitcoin’s Sharpe ratio fell to -20 on June 11, a threshold that has preceded every major cycle low since 2015. The metric, which compares return to
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