Finprime Pro Market Trends

Asian equities recovered as a soft U.S. payrolls report reduced near-term Fed hike pressure and June PMIs showed regional services activity still expanding.

Asian markets began July cautiously as the yen hit a fresh 40-year low, Treasury yields rose, and traders priced renewed Fed hike risk ahead of key U.S. jobs data.

Asian equities drifted while oil and the dollar firmed as investors weighed fresh U.S.-Iran tension, stretched AI valuations and renewed Fed rate-hike risk.

May PCE inflation rose above 4% for the first time since 2023 while consumer spending stayed firm, keeping Fed hike risk alive despite a softer dollar reaction.

Mojtaba Khamenei's appointment as Iran's supreme leader consolidates hardline power, dimming ceasefire hopes. Oil tops $100/bbl as Hormuz disruptions take 20% of global supply offline.

Global markets opened sharply lower on Monday as coordinated US-Israeli military strikes against Iran sent oil prices surging above 8%, drove gold to record highs near $5,400, and sparked a broad flight to safety across asset classes.

President Trump used his State of the Union address to issue a firm nuclear ultimatum to Iran, rattling oil markets and injecting fresh geopolitical risk premium into crude prices ahead of Geneva talks.

The Supreme Court ruled 6-3 that Trump exceeded his authority with sweeping IEEPA tariffs. Stocks rallied on the news, but gains were tempered as the president immediately announced a replacement 10% global levy under Section 122.

A wave of IPO downsizes and withdrawals — including Clear Street, Agibank, and Liftoff Mobile — signals that 2026's expected listing boom is running into stiff headwinds from software selloffs and valuation scrutiny.

Gold surged past $5,000 per ounce for the first time, gaining 27% in three weeks as the debasement trade — driven by central bank de-dollarization, record ETF inflows, and threats to Fed independence — reshapes global reserve demand.

U.S. 10-year yield fell 8bps to 4.18% after May CPI surprised to the downside. Market now prices two Fed cuts by December.

DXY fell 0.6% to 103.8, its lowest in three weeks. EUR/USD reclaimed 1.09 as rate differentials narrow. EM currencies broadly firmer.

WTI fell to $77.20 as IEA revised global demand growth lower. U.S. inventories rose for the third straight week. OPEC+ compliance slipping.

BTC topped $71,000 for the first time since March. Spot Bitcoin ETFs saw $890M of net inflows in a single session. Ethereum lagged at $3,840.

The CBOE Volatility Index hit 12.5, signaling extreme complacency. Put/call ratio at 0.62. Historically, sub-13 VIX has preceded corrections within 3 months.

LME copper surged to $10,250/tonne on reports Beijing is preparing a $140B infrastructure spending package. Mining stocks rallied across the board.