The US and Iran reached a framework agreement to extend the current ceasefire by 60 days and reopen the Strait of Hormuz to shipping. The pact is scheduled to be signed this Friday in Switzerland, paving the way for the gradual resumption of energy exports from the Gulf region. Energy markets reacted with immediate relief.
Hyperliquid’s HYPE token has reached a new all-time high of $76.70 on the back of a plethora of developments. According to data from CoinGecko, HYPE climbed nearly 10% over the past 24 hours and touched a record $76.70 on June 16 before settling near $75 at press time. The token has gained roughly 46% over
Barclays has maintained its bullish long-term outlook for gold, forecasting the metal will reach $4,791 per ounce by the end of 2026 and $4,900 in 2027, even after a sharp correction during the Iran conflict. In a research note published this week, the UK bank’s cross-asset research team, led by Lefteris Farmakis and Themistoklis Fiotakis,
The US dollar edged lower on Wednesday as investors awaited the Federal Reserve’s first policy decision under Chair Kevin Warsh, while optimism surrounding an interim peace agreement between the United States and Iran helped improve market sentiment. Currency markets remained largely subdued during the Asian trading session, with traders reluctant to take significant positions ahead
Exxon Mobil Corp. has struck a preliminary deal to supply liquefied natural gas (LNG) to South Africa, helping the country diversify its heavily coal-dependent power grid, according to Bloomberg. The agreement will allow state utility Eskom Holdings SOC Ltd. to import LNG at the proposed Zululand LNG terminal in Richards Bay on South Africa’s east
LAB has extended its rally to a sixth consecutive day, climbing about 57% over the past week as whale buying, technical momentum, and renewed interest in the project’s ecosystem pushed the token back toward the $14 level. Data from CoinGecko showed LAB trading near $13.91 on June 17, up nearly 40% over the past 24
British inflation remained unchanged in May, according to official data released on Wednesday, providing a closely watched update for policymakers and investors ahead of the Bank of England’s latest interest rate decision. The Consumer Prices Index rose by 2.8% in the 12 months to May 2026, matching the annual rate recorded in April. Every month,
Markets adopted a cautious stance during the European morning session on Wednesday as investors prepared for the Federal Reserve’s monetary policy announcement and assessed a series of geopolitical and economic developments. Investors are also awaiting revisions to May Harmonized Index of Consumer Prices inflation data from Eurostat, while the United States economic calendar is scheduled
The crypto market is doing relatively well this week, helped by the risk-on sentiment following the US-Iran Memorandum of Understanding (MoU) to reopen the Strait of Hormuz. This article provides a forecast for top altcoins like Venice Token (VVV), Worldcoin (WLD), and Stellar (XLM). Venice Token price prediction Venice Token has been one of the
SpaceX’s new options market exploded on Tuesday, giving traders a fresh and far riskier way to bet on the rocket company’s post-IPO surge. The contracts began trading only days after SpaceX’s blockbuster Nasdaq debut, and demand was immediate. Call options, which profit when a stock rises, dominated early activity. But the pricing also showed something