Fed FOMC voted 12-0 to hold fed funds rate at 3.5%-3.75% and maintain ample reserves. Statement says economy expanding steadily but inflation still above 2%.
SpaceX IPO Soars 19% on Day One! Retail Chasing SPCX: Wealth or Peak Trap? The worst is not missing out, but rushing in to catch Wall Street's chips. SPCX IPO price $135, opened at $150, closed up ~19%. This is not a normal IPO - Musk packaged rockets, Starlink, AI, defense orders, space computing into a 'next-decade story' served to capital markets.
The Fed's latest economic projections show a possible rate hike in 2026, with the median federal funds rate rising to 3.8%. However, new Chair Kevin Warsh did not submit personal projections, drawing attention to the outlook and communication approach.
G7 summit sends signal of support for Ukraine; Trump says 'I am the boss,' seen as warming to Ukraine. Summit also reached joint statements on Iran deal, AI, and critical minerals.
South Korea's KOSPI closed up 2.25% on Thursday, breaking through the 9,000-point mark for the first time, hitting a record high. Chip stocks, AI optimism, and net foreign buying drove the index to rise for the sixth consecutive trading day.
The US and Iran are close to a phased agreement, but the final text is still incomplete. The US demands Iran dispose of highly enriched uranium, abandon nuclear weapons, and restore navigation through the Strait of Hormuz, while reiterating military threats and economic pressure.
CFTC is investigating suspicious crude trades around Trump's Iran policy shift, focusing on abnormal futures volume before two key announcements, CME/ICE data, and potential insider trading.
Bitcoin ETFs saw a net outflow of $6.35 billion in 30 days, a record high. Why are investors collectively exiting? This article deeply analyzes the market panic, policy concerns, and future expectations behind the outflow, helping to understand the latest dynamics of the crypto market.
In June 2025, multiple LOFs under Caitong Fund hit consecutive limit ups due to capital gaming on tiny circulating shares, with premium rates exceeding 20%. The fund company urgently imposed purchase restrictions and trading halts, but speculative sentiment remained high. Industry insiders warn that high premiums are like games on quicksand; once the tide recedes, investors face the dual risk of price normalization and premium collapse.
European stock markets diverged, with UK bank stocks surging collectively—NatWest, Barclays, Lloyds up nearly 4%—while French luxury stocks underperformed. Analysis suggests the divergence is linked to inflation expectations and central bank policies.
