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High Oil Prices Drive 34% Surge in European EV Sales
High oil and fuel prices drove a 34% year-on-year increase in European electric vehicle sales in May, supported by cheaper Chinese imports and rising demand for domestic models like Renault.
SNB Holds Rate at Zero, Maintains Franc Intervention Threat
The Swiss National Bank kept its key interest rate at 0% and reaffirmed its willingness to sell francs to curb appreciation, signaling caution amid geopolitical risks.
Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars
Saudi Aramco is considering selling a stake in its sulfur business for up to $7 billion, capitalizing on surging demand and tight global supply after Middle East disruptions.
Gold Rises 1.7% on US-Iran Peace Deal Despite Hawkish Fed
Gold surged as much as 1.7% after the US and Iran signed an interim peace deal, easing geopolitical tensions, though the Federal Reserve's hawkish rate hike signals limited gains.
China Stock Gauge Nears Bear Market as Tech Rout Deepens
A major Chinese stock index is sliding toward a bear market, pressured by persistent weakness in internet and consumer technology shares amid growth concerns.
Indoor Playground Prices Rise, Squeezing British Family Budgets
Soft-play centers across Britain are raising prices to offset soaring operational costs, adding to the financial strain on families already grappling with high inflation.
Anthropic Ban Forces Investor Rethink of Political Risk in AI Stocks
The ban on Anthropic introduces a new layer of political risk for AI stocks, potentially impacting valuations and sector rotation as investors reassess regulatory exposure.
Anglo American Fair Value Edges Higher as Analyst Views Split
Anglo American's fair value estimate rose to £38.39 from £36.80, reflecting a modest uplift, while analyst targets range from £31.60 to £45.00 amid a strategic shift toward copper.
Florida man pleads guilty in $1.8B HyperFund crypto fraud
Rodney Burton, known as 'Bitcoin Rodney,' pleaded guilty to operating an unlicensed money transmitting business in connection with the $1.8 billion HyperFund crypto fraud scheme.
UK April ILO unemployment rate falls to 4.9%, wages beat forecasts
UK unemployment fell more than expected in April while wage growth accelerated, reinforcing expectations that the Bank of England will hold rates steady.
Strategy STRC Preferred Stock Hits Record Low Below Par
Strategy's STRC preferred stock fell to a record low of $89, 11% below par, constricting a key funding channel for bitcoin purchases.
SARB Likely to Hike Before Year-End, AG Capital Says
AG Capital strategist Casey Sprake expects the South African Reserve Bank to hike rates before year-end despite recent lower inflation, as traders reduce hawkish bets.
Iran Leverages Hormuz in Nuclear Talks, Analyst Says
Iran successfully leveraged the Strait of Hormuz in negotiations with the US, according to RANE analyst Ryan Bohl, as a new deal to end the conflict was signed.
Bank of England Holds Rate at 3.75%, Stays Cautious on Inflation
The Bank of England left its key interest rate unchanged at 3.75%, signaling a cautious stance on inflation amid persistent price pressures and uncertain economic outlook.
FX option expiries for 18 June: key levels to watch at NY cut
Large FX option expiries on 18 June at the 10am New York cut, including EUR/USD at 1.1600 for €4 billion, may act as price magnets and influence intraday moves.
XRP slips 4% below $1.20 as breakout stalls near key resistance
XRP fell 4% to below $1.20 after its rally stalled near $1.25 resistance, with sellers stepping in on heavy volume and buyers now defending the $1.18 support zone.
Buying Bitcoin Below 200-Week Average Has Yielded 100% Median Returns, Kraken Says
Bitcoin's recent dips below its 200-week simple moving average have historically led to median returns exceeding 100%, according to Kraken's chief economist, highlighting a potential buying opportunity for long-term traders.
Kingboard Laminates Surges 570% as Mainland Investors Double Stake to 13%
Mainland Chinese investors have more than doubled their stake in Kingboard Laminates to 13% this year, powering a 570% rally in the AI-linked stock.
UK Jobs Data, SNB and BoE Decisions in Focus Today
Traders await UK employment data, the Swiss National Bank rate decision, and the Bank of England policy announcement, all due during the European session.
Mukesh Ambani's Jio IPO Promise Faces Key Test This Week
Reliance Industries' billionaire chairman Mukesh Ambani's pledge to list its digital unit Jio faces a pivotal week as investors watch for progress on the long-awaited IPO.
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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.