Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the US and Iran confirmed that they had reached an agreement. The two sides, however, did not provide more details on the memorandum of understanding (MoU). This article looks at some of
Silver rallied sharply on Monday as investors moved back into precious metals after a tentative US-Iran peace framework eased fears of a prolonged energy shock. Spot silver rose 4% to about $70.80 an ounce in Asian trade, extending a rebound that had built as oil prices fell and the dollar weakened. The move came after
Bitcoin has climbed back above $65,000 after a US-Iran peace agreement eased one of the biggest macro risks that had weighed on crypto markets for months. According to US President Donald Trump, negotiations with Iran have concluded and resulted in an agreement that includes the immediate removal of the US Navy blockade and the reopening
The WTI crude oil price retreated sharply, reaching its lowest level since April, after the United States reached a ceasefire agreement with Iran. It sank to $80, down significantly from the year-to-date high of $119. Still, there is a risk that Israel will work to undermine the agreement and draw the US back to kinetic
The US dollar lost some of its haven appeal on Monday as investors treated a tentative US-Iran peace framework as a reason to move back into risk assets and reassess the inflation threat from oil. The dollar index touched its weakest level since June 5 before steadying around 99.55 in Asia. The euro rose to
The US–Iran agreement to reopen the Strait of Hormuz has eased immediate fears of supply disruption, but analysts warn it will take months before global oil and gas trade flows normalise. The deal, reached after weeks of escalating hostilities, is expected to reduce risks in one of the world’s most critical energy corridors. Yet shipowners,
Humanity Protocol’s H token has recovered more than 300% from its post-exploit low, reviving speculation over whether the digital identity project’s token can climb back above the $0.80 level reached before last week’s security breach. According to CoinGecko data, H fell from around $0.70 to below $0.10 between June 8 and June 9 after an
Nvidia stock edged lower on Friday even as the chipmaker continued to expand its global artificial intelligence footprint through new partnerships, product initiatives, and growing demand for its next-generation processors. Shares of Nvidia NVDA slipped 0.18% during trading. The modest decline came despite a series of developments that highlighted the company’s efforts to strengthen its
Seagate Technology Holdings (STX) shares climbed sharply on Friday as investors responded positively to the company’s efforts to strengthen its balance sheet and capitalize on growing demand for data storage driven by artificial intelligence. The data storage manufacturer saw its stock rise 8.3% in trading after announcing plans to redeem all outstanding 3.50% Exchangeable Senior
Micron Technology (MU) shares edged lower on Friday as investors weighed valuation concerns and rising expectations ahead of the memory-chip maker’s upcoming earnings report. However, demand for artificial intelligence-related memory products continued to support the company’s long-term growth outlook. Micron stock fell 1.43% on Friday after Goldman Sachs raised its price target on the company