Submitted 1 hr 40 min ago|From cnbc.com

Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in April and better than ...

Submitted 2 hr 22 min ago|From thestreet.com

On June 3, U.S. Treasury Secretary Scott Bessent testified before a Senate Finance Committee to discuss the 2027 budget and made some revealing statements regarding the U.S. reserves during the discussion. Bessent said the Treasury Department is ...

Submitted 2 hr 22 min ago|From youtube.com/cmegroup

Phillip Streible discusses the recent pressure on Gold futures, which dropped below 4,500 following an escalation of tensions in the Middle East. With Treasury yields climbing above 4.5% and the dollar index rallying, inflation expectations remain ...

Submitted 2 hr 24 min ago|From msn.com

The European Central Bank is set to raise its deposit rate to 2.25% on June 11, with another increase likely in September, as it balances energy-driven inflation against a weakening economy, a Reuters poll of economists showed. Inflation stood at ...

Submitted 2 hr 55 min ago|From abs.gov.au

The seasonally adjusted balance on goods rose $2,815m in March. • Goods credits (exports) increased $3,180m (7.2%) driven by Metal ores and minerals. • Goods debits (imports) increased $365m (0.8%) driven by Fuels and lubricants. tables Percentage ...

Submitted 3 hr ago|From fxstreet.com

Bitcoin (BTC) dipped further below $65,000 on Wednesday, with onchain data from Glassnode signaling a market firmly in a bear phase. The decline has pushed prices back into a key valuation range between the Realized Price and the True Market Mean. ...

Submitted 3 hr ago|From redwardassociates.substack.com

Gold is now in a bear market, falling >20% since its January peak. The metal looks set to break below its 200-day moving average (USD 4,417/oz) amid clear signs of subdued investor interest. These include: • Trading volume on CME is subdued – ...

Submitted 3 hr ago|From anz.co.nz

The ANZ World Commodity Price Index rose 0.7% m/m in May, with all commodity groups in the index seeing incremental gains. Dairy prices rose 0.1% m/m, with higher milk powder prices offsetting lower butter prices. Over the past year, skim milk ...

Submitted 3 hr ago|From financefeeds.com

Scope Markets has promoted long-time executive John Murphy to Managing Director, placing a senior commercial operator in charge of the brokerage’s global strategy, performance, and growth. Murphy announced the appointment in a LinkedIn post on ...

Submitted 3 hr ago|From financefeeds.com

A single order worth $212 million can freeze a market in minutes. In April 2025, a 2,500 BTC sell order appeared on Binance at $85,600 and then vanished, rattling traders and distorting price action, as CoinDesk reported. This article explains what ...

Submitted 3 hr ago|From silverdominion.substack.com

Imagine someone told you a few years ago that open interest in silver futures would fall by more than half from its previous peaks. What would you expect? Probably a much lower silver price. Less investor interest. A market losing momentum. Yet ...

Submitted 4 hr ago|From robinjbrooks.substack.com

I thought I’d do something a little bit different today. I’m going to give my diagnosis of what I think is wrong with Japan and what - therefore - needs to be done to lift the country out of its current debt trap. I’ll then contrast my views with ...

Submitted 4 hr ago|From cryptoinamerica.com

The battle for crypto developer protections is moving from Capitol Hill to the campaign trail. A new hybrid political action committee called Defend Developers PAC launched Wednesday with a mission focused specifically on championing American crypto ...

Submitted 4 hr ago|From zerohedge.com

First the good news: according to the latest World Gold Council update, central banks, a key pillar of the bullish case for gold, have returned to adding holdings in April after notable selling in March sent the price of the precious metal tumbling. ...

Submitted 5 hr ago|From financefeeds.com

Bitmine Immersion Technologies is facing an estimated $8.9 billion in unrealized losses after ether fell below $1,800, dragging down the value of the largest corporate Ethereum treasury. The company holds more than 5.4 million ETH, equal to roughly ...

Submitted 5 hr ago|From @BarakRavid|54 comments

Israel and Lebanon have reached an understanding about a plan for a full ceasefire in Lebanon conditioned on steps taken by Hezbollah, per two sources US STATE DEPARTMENT ANNOUNCES ISRAEL AND LEBANON HAVE AGREED TO A CEASEFIRE BROKERED BY WASHINGTON, WITH BOTH SIDES COMMITTING TO RAPIDLY ESTABLISH PILOT ZONES UNDER EXCLUSIVE LEBANESE ARMED FORCES CONTROL, FREE OF ALL NON-STATE ACTORS.

Submitted 5 hr ago|From kitco.com

Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals. At the time of writing, spot gold was trading near $4,432.60 an ounce, ...

Submitted 6 hr ago|From cnbc.com

Bitcoin’s highest-conviction holders have joined the sell-off in the cryptocurrency, which could signal the beginning of the end of the ongoing crypto slump, according to Compass Point. Long-term holders — defined as those who have held onto their ...

Submitted 6 hr ago|From kitco.com

One day after a bombshell report from Bloomberg claimed the Reserve Bank of India (RBI) sold gold reserves worth roughly $12 billion in the two weeks through May 22, the central bank issued a firm denial. The RBI said in a statement on Wednesday ...

Submitted 6 hr ago|From pbs.org|4 comments

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as ...