No Data
Trump TACOs again—what’s the cost?
Trump announced a U.S.-Iran ceasefire, prompting a sharp rally in global risk assets. However, the unusual signal of gold rising in tandem is warning investors that this 'TACO rally' differs from previous episodes, with its hidden cost potentially being an accelerating erosion of dollar credibility.
Futu Morning Brief | U.S.-Iran deal electronically signed; U.S. equities join global market rally; SpaceX valuation surpasses $2.5 trillion; FAB 10 concept replaces Mag7; NVIDIA plans bond issuance to raise over $20 billion
Kevin Warsh is set to chair his first FOMC meeting as the newly appointed chair, fueling market speculation over the Federal Reserve's balance sheet reduction path.
Express News | The U.S. and Iran to hold "preparatory talks" in Doha to finalize technical framework ahead of Friday's signing
U.S.-Iran deal 'reached'! Trump says 'Strait of Hormuz to be freely open on Friday,' while Iran claims 'gains far exceed commitments'
The United States and Iran simultaneously announced the conclusion of a Memorandum of Understanding on a ceasefire. Trump authorized the 'free opening' of the Strait of Hormuz and lifted the naval blockade, with the formal signing ceremony scheduled to take place in Switzerland on June 19.
Futu Morning Brief | U.S.-Iran deal reached! Trump says Strait remains freely open; all three major futures indices rise. Asia-Pacific markets perform strongly, with Japanese stocks hitting a new high and the Korean stock index surging nearly 6%. SpaceX g
A U.S.-Iran deal may be reached, potentially opening the Strait, with Asia-Pacific markets showing strong early-session performance; SpaceX rose 19% on its listing debut, and most semiconductor stocks advanced.
Weekly Outlook | 'Central Bank Super Week' Arrives! Fed Rate Decision Marks Walsh's Debut; Markets Focus on U.S.-Iran Deal; U.S. May Retail Sales Data Due; Hong Kong and U.S. Markets Closed Friday
The G7 summit is being held in France, with executives from Anthropic, OpenAI, and Google planning to attend; China has released key economic data for May, including retail sales, industrial output, and housing prices; a 'central bank super week' is underway, with the Bank of Japan potentially raising interest rates while the Bank of England and the Reserve Bank of Australia are expected to hold rates steady.