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Sri Lankan Rupee Jumps 2% After Central Bank Export Rule Change
The Sri Lankan rupee surged over 2% after the central bank shortened the period for converting export proceeds, a measure aimed at supporting the local currency.
US-Iran military escalation after Strait of Hormuz clash rocks markets
A direct US-Iran military exchange following a Strait of Hormuz incident has triggered a sharp risk-off move, with safe-haven currencies and oil surging as traders flee exposure to the region.
Japan 30-Year Bond Sale Draws Weakest Demand Since June 2025
Japan's 30-year government bond auction saw the weakest demand since June 2025, as declining yields and concerns over inflation and fiscal policy weighed on investor appetite.
Aluminum Hits One-Month Low on Iran Tensions and Rate Outlook
Aluminum prices dropped to a one-month low as escalating Middle East tensions and expectations of higher US interest rates weighed on the demand outlook for industrial metals.
BASF Valuation in Focus After 6% Pullback, Fair Value Signals Mixed
BASF shares fell 6% in the past month, prompting a reassessment of valuation amid conflicting fair value signals, while the stock remains up 5% over three months.
China Zinc Smelters Hit as Processing Fees Plunge to Record Lows
Chinese zinc smelters face a severe feedstock shortage as processing fees on imported concentrate hit a record minus $50 a ton, wiping out profits and raising the risk of output cuts.
China May CPI Misses Forecasts, PPI Surges 3.9% on Factory Costs
China's May CPI rose 1.2% y/y, missing the 1.3% forecast, while PPI surged 3.9% y/y, signaling a margin squeeze that may weigh on industrial earnings and global goods inflation.
Japan May PPI surges 6.3% y/y, far above 5.5% forecast
Japan's May PPI rose 6.3% year-on-year, well above the 5.5% forecast, signaling persistent wholesale inflation that may reinforce Bank of Japan tightening expectations.
IAMGOLD Boosts Côté Gold Mine Resource Estimate by 12% to 20.3M Ounces
IAMGOLD reported a 12% increase in measured and indicated gold resources at its Côté Gold Mine in Ontario, now totaling 20.3 million ounces, reflecting successful drilling and updated economic assumptions.
New York Fed Survey Shows US Households Under Growing Financial Strain
The New York Fed's May Survey of Consumer Expectations shows the highest share of households feeling financially worse off since January 2023, signaling rising stress that could weigh on consumer spending and economic growth.
1911 Gold Withdraws Overnight Marketed Offering Due to Market Conditions
1911 Gold Corporation withdraws its overnight marketed public offering due to unfavorable market conditions, impacting its financing plans for gold exploration.
Bond Traders Bet on Multiple Fed Rate Hikes Starting in September
Bond traders are positioning for multiple Federal Reserve rate hikes starting as early as September, signaling growing conviction that the central bank will act aggressively to curb inflation.
Tech stocks reverse lower, USD/JPY remains in focus
US tech stocks reversed gains in late trading, while USD/JPY remained on watch amid geopolitical tensions and a measured response from President Trump to a helicopter incident.
Million-dollar home sales surge as wealthy rush to buy before prices rise further
Sales of million-dollar homes are surging as wealthy buyers accelerate purchases to hedge against inflation, widening the gap with struggling renters.
Gold and Silver Slide as Precious Metals Test War Lows
Gold and silver are under heavy selling pressure, with both metals challenging their war-related lows as a broader risk-off event weighs on commodities and equities.
Golden Sky Minerals Rayfield-Gjoll U-Pb Ages Match New Afton, Copper Mountain
Golden Sky Minerals reports U-Pb zircon ages of ~198 Ma and ~195 Ma at Rayfield-Gjoll, matching the age range of major copper-gold deposits New Afton and Copper Mountain in British Columbia.
Analyst sees Bitcoin hitting $227K-$378K amid monetary scarcity, gold flows
U.S. Tiger Research sets a long-term Bitcoin valuation of $227,000 to $378,000, assuming it captures 15% to 25% of gold's market value amid monetary expansion and institutional adoption.
Gold Extends Decline as Iran Tensions Rekindle Inflation Fears
Gold and silver fell as rising Middle East tensions, after Iran shot down a US helicopter, fueled fears of prolonged energy tightness and higher interest rates.
Anthropic launches Claude Fable 5, a Mythos-class AI model
Anthropic has released Claude Fable 5, a Mythos-class AI model that leads benchmarks in agentic coding, knowledge work, and cybersecurity, with immediate rollout and double the usage of Opus.
Visionary Copper and Gold Mines Completes Maiden Drill Program at Point Leamington
Visionary Copper and Gold Mines Inc. has completed its maiden drill program at the Point Leamington project in Newfoundland, discovering a new zone named Kraken, which could expand the project's resource potential.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.