Japan stocks surged on Monday morning as investors embraced a risk-on sentiment following the deal between the US and Iran. The Nikkei 225 surged to a record high of ¥69,593, while the Topix soared to ¥4,023. This article looks at the top catalysts for Japanese stocks this week.Nikkei 225 and…
The Kospi Index jumped sharply on Monday as Asian stocks welcomed the new deal between the United States and Iran. It rose to 8,570 KRW, its highest point since June 4, and much higher than this month’s low of 7,373 KRW. South Korean stocks and bonds are jumping todayThe Kospi Index…
The WTI crude oil price retreated sharply, reaching its lowest level since April, after the United States reached a ceasefire agreement with Iran. It sank to $80, down significantly from the year-to-date high of $119. Still, there is a risk that Israel will work to undermine the agreement and draw…
Scottish Mortgage Trust share price jumped by over 1% on Friday, paring back some of the losses made earlier that week as investors cheered the SpaceX IPO, which marked a major milestone for the fund. It jumped to a high of 1,497p before paring back the gains to close at…
The crypto market has started the week well, with Bitcoin jumping above $66,000, and the valuation of all tokens jumping by 2.1% to $2.2 trillion. The 24-hour volume jumped by 31% to over $64 billion. This article explores some of the top crypto news to watch this week.Crypto Market News:…
SpaceX (SPCX) made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut.The frenzy is real, the story is compelling, but the valuation, hovering around the $2 trillion mark, is already priced for perfection.And for investors who prefer conviction over…
The Federal Reserve’s June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market Committee (FOMC) gathering.The two-day meeting, scheduled for June 16-17, comes at a time when expectations for lower borrowing costs have largely evaporated…
Crude oil prices retreated on Hyperliquid as investors focused on the upcoming deal between the US and Iran. Brent crude oil fell to $84 from the year-to-date high of $126, while the West Texas Intermediate (WTI) fell to $81. Still, some major risks may threaten the falling oil prices.Crude oil…
HYPE crypto price jumped for three consecutive days, helped by the ongoing Hyperliquid volume surge. Hyperliquid’s token rose to $60, up by 15% from its lowest point this month, and this trend may continue, especially after the SpaceX IPO boost.SpaceX IPO boosted Hyperliquid’s volumeData shows that Hyperliquid has become one…
Tesla (TSLA) shares fell on Friday as SpaceX made its stock market debut at $150 per share, fueling speculation among some investors that capital may be rotating from Tesla into SpaceX.Tesla stock was down by about 2.36% in late morning trading, after spending much of the morning swinging between mild…