Trading Strategies

Oil rebounded after a vessel strike in the Strait of Hormuz, but ING strategists say price momentum remains to the downside as flows recover.

China kept its benchmark lending rates unchanged in June as weak credit demand limits the case for further monetary easing.

EUR/USD trades flat near 1.1504 after a hawkish Fed hold strengthened the US Dollar, wiping out seven sessions of Euro gains in one day.

Nomura now expects three more ECB rate hikes through March 2027, raising its terminal rate forecast to 3.00% from a prior 2.50% view.

Fed hawk Hammack says today's jobs report confirms the labor market is roughly in balance. She warns inflation is high, rising, and warrants decisive action.

ATFX has paused its prop trading unit ATFunded less than two years after launch, citing sustainability concerns and promising full refunds to active traders.

Nomura forecasts the ECB will trim 2026–2027 GDP growth in June projections. Inflation is still seen near target by Q4 2028.

US equities fell sharply after May payrolls beat expectations, lifting Fed hike odds. Tech led the selloff while consumer staples outperformed.

Brent rose on renewed US–Iran tensions, but price reactions remain muted. Inventory levels and rerouted flows are limiting upside pressure.

Meta is weighing a large equity raise to fund its AI expansion. The news has pushed shares down over 6% on the day.

Bitcoin fell to $59,743, its weakest level since October 2024. Stocks also declined, with the NASDAQ down 2.66% and the S&P 500 down 1.64%.