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British Pound Recovers as Japanese Yen Struggles to Capitalize on Bank of Japan’s Hawkish Rate Hike

GBP/JPY rebounds after a short-lived pullback on Wednesday as traders digest the Bank of Japan's decision to raise interest rates. At the time of writing, the cross is trading around 215.10, recovering from an intraday low of 214.53 The Japanese Yen (JPY) strengthen

  • mohammad501ps@gmail.com
  • June 16, 2026
  • oil

WTI Crude Plunges to $77.26 on Strait of Hormuz Reopening Hopes

Oil prices drop sharply as geopolitical tensions ease, with WTI falling over $14 from last week’s peak amid supply recovery expectations. West Texas Intermediate crude fell $3.13 to $77.26, extending a steep decline from $91.62 last Thursday. The sell-off follows assurance

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

AI-Linked Chip Stocks Hit Records on Iran Deal, Fed Bets

Western Digital jumps 9% premarket after Morgan Stanley lifts price target to $650, fueling broader semiconductor rally. Western Digital shares surged 9% in premarket trading Tuesday after Morgan Stanley raised its price target to $650 from $488 and maintained an Overweigh

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Fear is Driving the Stock Market: This is the Single Best Move Investors Can Make Right Now.

The S&P 500 (SNPINDEX: ^GSPC) is up by nearly 26% over the past year, as of this writing. Despite the record-breaking performance, however, many investors are feeling nervous about the stock market The Fear and Greed Index measures investor sentiment on a scale from

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

The Marijuana Industry Just Had a Massive Milestone

The marijuana industry hit a major milestone last week. While much of the focus was on SpaceX and its IPO, there was also big news in the pot market Trulieve Cannabis (NYSE: TRLV) is now trading on the New York Stock Exchange under the ticker symbol TRLV. It's a mas

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Elon Musk Calls This “the Greatest Company in Europe”

North America is home to many of the world's leading and most valuable companies, including SpaceX and Tesla, both run by Elon Musk. But there are also many solid businesses in Europe involved in tech that make compelling investments, helping U.S. investors diversify outsi

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Deere & Company (DE) Surged on Market Favour

Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the "Madison Large Cap Fund". A copy of the letter is available to download here The Madison Large Cap Fund (Class I) declined 2.7% in the quarter, outperforming the S&P

  • mohammad501ps@gmail.com
  • June 16, 2026
  • forex

Boj: Hawkish Hike Supports Yen Outlook – BNY

BNY’s Bob Savage notes that the Bank of Japan delivered a hawkish 25bp rate hike to 1.0% and will continue scaling back its JGB purchase program. The BoJ signaled confidence in underlying inflation despite slowing headline CPI Markets remain focused on central bank

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Nvidia Market Cap Surpasses $5 Trillion on AI Demand Surge

NVDA shares rally as Q1 Data Center revenue jumps 92% to $75.246 billion, offsetting China headwinds and fueling $300 target debate. Nvidia’s market capitalization reclaimed the $5 trillion threshold after Q1 FY27 Data Center revenue surged 92% year-over-year to $75.246 bi

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Madison Large Cap Fund Maintains Position on Agilent Technologies (a) Amid AI Fears

Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the "Madison Large Cap Fund". A copy of the letter is available to download here The Madison Large Cap Fund (Class I) declined 2.7% in the quarter, outperforming the S&P

  • mohammad501ps@gmail.com
  • June 16, 2026
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