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Metals

Iron Ore Gains as Hot Metal Production Picks Up
Iron ore futures rose above CNY 740 per ton, rebounding modestly from near one-year lows as hot metal production showed…
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Markets

Meta CEO Zuckerberg directs development of standalone prediction markets app ‘Arena’
Mark Zuckerberg has reportedly tasked a Meta team with developing Arena, a prediction markets app modeled after Polymarket and Kalshi.…
Read More » Bitcoin, Ethereum, Ripple – BTC under pressure, ETH loses key support, XRP momentum weakens
Bitcoin remains under pressure on Wednesday after falling 2% on the previous day. Ethereum slips below $1,700 support, increasing the…
Read More »Bitcoin loses $63,000 amid tech sell-off – WLD, VVV tokens lead losses
Bitcoin hovers below $63,000 on Wednesday amid a global tech sell-off. Total liquidation hits $550 million over the last 24…
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Geo-Political

Iran’s Pezeshkian says no negotiation on ballistic missiles
Iran’s President Masoud Pezeshkian said that Tehran’s ballistic missile program will not be included in negotiations with the United States…
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Forex

New Zealand Dollar weakens as US Dollar rises on Middle East risks, firm US data
NZD/USD weakens as a complex Middle East situation sparks risk aversion. Trump claimed Iran agreed to nuclear inspections, but Iran…
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Forex

Australian Dollar bulls seem hesitant on mixed CPI data; hangs near April lows vs USD
AUD/USD edges higher following the release of Australian consumer inflation figures for May. Bulls, however, seem hesitant amid expectations that…
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Forex

Australian Dollar steadies vs Japanese Yen as CPI cools, BoJ hawks
AUD/JPY experiences volatility amid cooling Australian inflation. Australia’s annual CPI rose 4.0% while monthly prices fell 0.7%, both slowing much…
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Forex

Canadian Dollar strengthens despite hawkish Fed expectations
USD/CAD softesn to near 1.4205 in Wednesday’s Asian session. Iran’s Pezeshkian said no negotiation on ballistic missiles. Traders raise their…
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Forex

Swiss Franc slips to seven-month lows ahead of ZEW Survey Expectations
USD/CHF reached a seven-month high of 0.8107 on Wednesday. The US Dollar rises due to robust domestic economic data alongside…
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