SPX500 falls ahead of key AI earnings on tech sell-off and hawkish Fed
The index declines amid rising Fed hike bets and pressure on tech names ahead of incoming Micron earnings that could define the AI trade.
Page 6 of 136
The index declines amid rising Fed hike bets and pressure on tech names ahead of incoming Micron earnings that could define the AI trade.
USOIL drops after the two sides spoke of progress in their first post-MoU talks, but uncertainty over a lasting deal does not go away.
The pair strengthens further amid rising Fed rate hike bets and cautious tightening by the BoJ, but FX intervention risks loom.
Micron reports earnings amid soaring memory demand from the AI boom that has driven the stock to new records, but pitfalls loom amid supply bottlenecks and tough macros.
The central bank of Australia kept rates at 4.35% as expected and pointed to a potentially prolonged hold, but maintained its tightening bias.
Oil prices drop while metals and stock markets rise after the two sides announced an interim deal, but risks still loom.
President Trump expects to sign a settlement with Iran, raising optimism around the global economy and copper consumption, but risks still loom.
USOIL slips as markets monitor conflicting signals, following Wednesday's jump due to fresh US-Iran hostilities.
XAU/USD falls deeper into bear territory on lingering geopolitical tensions and higher-for-longer Fed prospects, with the US CPI update looming today.
The Fed, the ECB, the BoE and other major central banks announce pivotal policy decisions in June, as inflation pushes them toward a hawkish stance but growth risks call for caution.
.png)
Oil, the US dollar, gold, and equities remain in a consolidation phase as investors balance inflation risks, interest rate expectations, geopolitical uncertainty, and optimism around resilient earnings and AI-driven growth.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.