Author: FX
OPEC+ and OPEC continue to go through the motions with the quota meetings despite the Strait of Hormuz.OPEC+ announced it will raise its quota by 188K bpd for July with another meeting to come on July 5 for August production. The thing is, there are 10-13 million barrels per day shut in right now as Hormuz remains largely blocked.There is no end in sight to the blockade as the US is now talking about confiscating Iranian funds and giving them to Gulf countries to rebuild, rather than to Iran, which is one of its demands.On Sunday, Trump said he will…
May’s 172K NFP blowout ended the S&P 500’s 10-week streak and sent Bitcoin below $60K. Now Wednesday’s CPI decides if last week was a warning or a turning point. Source link
Mon: Japanese GDP (Q1), German Factory Orders (Apr), US Consumer Inflation Expectations, Apple WWDC 2026Tue: EIA STEO (Jun), South Korean GDP (Q1), UK BRC Retail Sales (May), Australian Westpac (Jun), Chinese Balance of Trade (May), German Balance of Trade (Apr), German Imports (Apr), Mexican Inflation (May), US ADP Weekly Change, Exports/Imports, Canadian Exports/Imports (Apr), Existing Home Sales (May), Wholesale Inventories (Apr)Wed: BoC Policy Announcement (Jun), Japanese PPI (May), Chinese Inflation (May), Norwegian CPI (May), Swedish GDP (Apr), US CPI (May)Thu: ECB Policy Announcement (Jun), CBRT Policy Announcement (Jun), OPEC MOMR (Jun), Swedish CPIF Final (May), US PPI (May), Jobless Claims…
Hollywood workers rally against Paramount-Skydance deal Source link
High fuel costs to trigger airline failures and consolidation, industry chief says Source link
The Nasdaq 100’s rally lost momentum as tech sentiment cooled and macro pressure returned, leaving traders to weigh whether the recent pullback is a pause or the start of a deeper correction. Source link
NFP landed squarely in the “Goldilocks” range — and the market reacted like it was a blowout. Here’s what the framework got right, what it missed, and why it matters. Source link
A look at why silver came under heavy pressure, how stronger US data reshaped the rate outlook, and what traders will be watching as XAG/USD tries to find its footing. Source link
A look at the forces pushing gold lower, from the blowout jobs report and rising real yields to the dollar’s rebound, and the levels to watch next week. Source link
Key takeaways for stock investors and swing traders OKLO was already trading below its post-earnings anchored VWAP before Friday’s sharp drop. Thursday’s rally into that VWAP area was rejected, which was a warning sign. Earnings should be judged by the stock’s price reaction, not only by EPS or revenue headlines. Anchored VWAP from the latest earnings date is one of the simplest tools investors can use before buying a stock. This is not a crystal ball, but it can improve decision quality and reduce emotional buying. Hindsight is not useless in trading educationSomeone in one of the investing groups mentioned…