Morgan Stanley has lowered its oil price forecasts for the remainder of 2026, citing expectations of improved supply flows following the US-Iran agreement to reopen the Strait of Hormuz. The bank said the deal has eased geopolitical risk premiums and could gradually normalise global trade routes disrupted by months of conflict, according to a Bloomberg
Middle Eastern crude markets weakened on Tuesday as optimism grew over a potential reopening of the Strait of Hormuz following progress in the US-Iran agreement. Traders are increasingly pricing in a faster return of blocked oil supplies from the Persian Gulf, leading to a noticeable easing of the war premium that had dominated the market
Stellar has climbed more than 14% over the past 24 hours, making XLM the best-performing asset among the top 100 cryptocurrencies by market capitalization as fresh ecosystem developments have drawn renewed buying interest. According to CoinGecko data, XLM traded near $0.22 on June 16 after surging from levels below $0.19 earlier in the week. The
The DAX Index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound happened as crude oil prices retreated after the US deal with Iran. Still, the index faces a major risk as hedge funds continue shorting German car companies. Hedge funds are shorting German automakers Top hedge funds
Alibaba is moving deeper into robots and AI agents, marking a sharp turn in the artificial intelligence race that was dominated only recently by chatbots. The Chinese e-commerce and cloud giant on Tuesday unveiled its first full suite of AI models built for robots, a move that signals where large technology companies now see the
Silver prices edged lower on Tuesday as traders took profit after a sharp relief rally driven by the US-Iran peace framework and lower oil prices. XAG/USD traded near $69.85 in early European dealing, retreating from a weekly high as attention shifted from geopolitics to the Federal Reserve’s policy decision on Wednesday. The pullback was measured
The gold standard of the cryptocurrency world has always been a simple rule: “Not your keys, not your coins” It was celebrated as the ultimate promise of financial freedom. Recent market shocks have proven otherwise. Holding your own keys is no longer enough to guarantee total control over your digital wealth. Owning a wallet does
SIREN, a BNB Chain-based AI meme token that briefly captured the attention of the crypto market earlier this year, is in freefall. The token has shed 98.3% of its value from its all-time high of $3.61, recorded on March 22, 2026, and is currently trading around $0.058. For a token that once commanded a market
Fox Corp. has agreed to acquire streaming platform Roku in a cash-and-stock deal valued at about $22 billion, including debt, in a move that would significantly expand the media company’s digital reach and reshape the US television landscape. The deal combines Fox’s portfolio of live sports, news and entertainment content with Roku’s connected-TV operating system
US stocks opened higher on Monday as investors welcomed signs of a potential agreement between the United States and Iran to end their conflict, while continued enthusiasm surrounding SpaceX’s blockbuster market debut added to the positive sentiment. The Dow Jones Industrial Average climbed 621 points, or 1.21%, while the S&P 500 advanced 1.5%. Nasdaq Composite