Market News

European Central Bank Expected to Cut Today to 2.15%; Low Non-Farms Forecast, ISM Services Data Suggest US Economy Slowing; Bank of Canada Holds Rates at 2.75%

US JOLTS Number Sends Equities Higher, MSCI World ETF Trading at Record High; S&P 500 Facing Resistance at 6,000; Bank of Canada Expected to Hold Rates

Memecoins like Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) are among the cryptocurrencies outperforming the market on June 3, highlighting a diversion from the momentum that drove the sector lower last week.

MSCI World Index Only 0.5% From All-Time High; US Equity Indices Facing Firm Resistance; US Manufacturing Contracts on Tariff Nerves; Swiss Inflation as Expected

Bitcoin (BTC) once again led the headlines in the crypto market this week after King Crypto rallied to a new all-time high near $112,000 amid geopolitical de-risking and rising turmoil in the Japanese bond market.

The Reserve Bank of New Zealand (RBNZ) lowered interest rates by a quarter-point to 3.25% on Wednesday.

Reserve Bank of New Zealand Dovish Tilt With Deeper Easing Cycle, Cuts by 0.25%; Australian Inflation Unchanged; Fed to Release FOMC Meeting Minutes Later

Reserve Bank of New Zealand Expected to Slash Rate to 3.25%; Australian Inflation Expected to Tick Lower; US Dollar Bid Over Past Few Hours

Trump Agrees to Give EU More Time, Boosting Stocks and the Euro, EUR/USD Reaches 1 Month High; GBP/USD Rises to New 4-Year High; Bitcoin Gaining Again Near $110

Bitcoin has broken out to a new all-time high not far from $112,000.

Bitcoin is rising strongly and Europe opened with Bitcoin less than $2,000 from its record high price

Moody's Downgrades US Sovereign Credit Rating One Notch to Aa1; US Stock Indices, Dollar Lower

Markets Showing Little Direction as China Trade Deal Euphoria Fades; Trump Claims Saudi, Qatar Deals Worth Over $1 Trillion to US Economy; Key US PPI, Retail Sales, Unemployment Data Due

US CPI Drops to Lowest Level Since 2021