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
Gold steadied near a more than one-week high on Tuesday as investors waited for details of the preliminary US-Iran agreement that has cooled oil prices and revived hopes that inflation pressure may ease. Spot gold was little changed around $4,315 an ounce after Monday’s sharp rally, while August futures slipped. The metal remains supported by
The US dollar held near 10-day lows on Tuesday as traders weighed the relief from a preliminary US-Iran peace agreement against a heavy week of central-bank decisions. The deal has helped calm oil markets and improve risk appetite, but currency moves have been more measured than the rally in stocks and bonds. Investors are still
Ethereum has climbed more than 4% over the past week, recovering from a recent slide as corporate treasury buying, whale accumulation, and improving geopolitical sentiment have combined to lift demand for the second-largest cryptocurrency. According to Bitmine Immersion Technologies, the company recently completed a $273.8 million preferred equity raise and used $136 million of the
While a US–Iran deal to reopen the Strait of Hormuz may ease geopolitical tensions, auto repair shops in Tokyo and dealerships in Detroit are unlikely to see quick relief from shortages of motor oil, paint thinner, and other petroleum‑derived products. Industry executives warn that supply chains remain snarled, and smaller garages are being squeezed hardest,
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