News

Brent crude climbed above $80 a barrel as oil shipments resumed through the Strait of Hormuz. Investors remain cautious amid ongoing geopolitical risks and uncertainty over the pace of supply recovery.

Institutional investors withdrew $1.42 billion from spot Bitcoin ETFs during the last week of May, marking the third-largest weekly outflow on record. Meanwhile, Solana’s decentralized exchange ecosystem suffered an 82% drop in trading volume over two weeks as meme coin speculation cooled, raising concerns about short-term crypto market momentum.

U.S. stock indexes have recovered after a shaky start to 2026, but historical patterns suggest the strongest part of the second quarter may already be over, with May typically bringing weaker returns.

Apple reports its first quarterly earnings since naming John Ternus as Tim Cook’s successor, with Wall Street eyeing 109.7 billionin revenue despite a global memory shortage. Meanwhile, Alphabet to post estimates of strong cloud growth; Meta beats earnings but falls 145 billion; oil prices surge to 126 a barrel amid Iran blockade fears; and Nvidia B300 server shipments reach 1 million in China due to US curbs.

FP Markets has integrated Acuity Trading’s AI-powered signal platform, giving retail clients access to sentiment analysis, trading signals, and real-time market news across thousands of instruments via MT4, MT5, and the broker’s client portal.

Gold rebounded above $4,850 on Thursday as dip-buyers entered the market following a six-day losing streak, despite rising oil prices from Middle East tensions and the Federal Reserve’s hawkish rate stance signaling just one cut this year.

Gold snapped a four-day winning streak as profit-taking kicked in following a 7% rally driven by trade war fears and Middle East tensions. Analysts see the dip as normal volatility, with geopolitical risks and tariff confusion still supporting prices longer-term.

In a holiday-shortened week, the Supreme Court delivered a 6-3 ruling striking down Trump’s reciprocal tariffs—only for the President to immediately announce fresh 15% levies under new legal authority. With $160 billion in refunds now in limbo and markets reacting to shifting rate cut bets, all eyes are on Nvidia earnings and key US data this week.

FP Markets announces its partnership with Hoc-trade, integrating the AI-powered TradeMedic platform to provide traders with advanced behavioural analytics and performance insights.