Oil Hits Fresh Three-Month Low on Pressure From Potential US-Iran Deal $ID $ATM $BIO
Oil briefly touched a fresh three-month low before paring losses as prices stayed under pressure from a looming US-Iran deal that could add more barrels to the market, according to Bloomberg. #TrendingTopic #Write2Earn #SBFPlansCryptoTokenAfterPrison
PRECIOUS METALS | Gold and Silver Rebound After Testing Support Levels, Consolidation Seen $ID $ATOM $ATM
Gold and silver rebounded after testing support levels last week, suggesting they are in a technical rebound phase. According to Ming Pao, it is not advisable to be overly bearish at current levels, and prices are expected to enter a consolidation phase going forward. #TrendingTopic
European Stocks Offer Selective Value After Oil Pullback, Strategist Says $ID $ATM $BIO
European equities have presented selective value opportunities after a recent decline in oil prices, according to Hugh Gimber, a global market strategist at J.P. Morgan Asset Management. According to Jin10, Gimber said a temporary peace agreement that the United States and Iran were set to sign on Friday had helped cool energy prices and created opportunities beneath the surface of major equity indexes. He said bank stocks still had room to rise as the yield curve steepened. He also described chemical stocks as attractive because their businesses are highly dependent on energy, and they could benefit if the recent oil-price shock reverses. “I still think there are plenty of opportunities to position selectively within European markets,” Gimber said. On the European Central Bank, he said market expectations that it would need to raise interest rates appeared overstated. Gimber added that if 2025’s theme was embracing global asset diversification, he saw no reason not to continue that process now that investors could begin considering how to get through the worst period of the shock.
Trump Family-Backed World Liberty Financial Expects OCC Approval to Operate as National Trust Bank $BIO $ATM $ID
World Liberty Financial, a crypto project backed by the Trump family, is expected to receive approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a national trust bank. According to Odaily, two former OCC employees who requested anonymity said the application is almost certain to be approved. World Liberty Financial formed a U.S. trust company in January and submitted its application to the OCC. A federal trust bank charter would allow the project to issue and redeem its USD1 stablecoin under a single federal regulator, manage reserves, provide digital asset custody, and offer conversion and settlement services without relying on third-party intermediaries.#BondsRiseOilNear3MonthLow The project currently uses BitGo as its intermediary.
The US is considering selling VIP passes for passage through the Strait of Hormuz, a move that could impact global oil supplies. The conflict between the US and Iran has left numerous ships stranded at the strait's entrance due to attack risks and insurance issues. This development may lead to increased costs for oil tankers, potentially driving up oil prices 🇺🇸, while others argue it could provide a safer passage and reduce insurance costs. The community is invited to share thoughts on this matter ⚡, and consider the potential market implications 💡.
Two Oil Tankers U-Turn Toward Middle East on Possible Hormuz Reopening $ID $EPIC $ATM
Two oil tankers heading toward Africa have made U-turns in the Indian Ocean this week, switching their destinations to the Middle East. In a sign shipowners are repositioning vessels, according to Bloomberg, the moves come ahead of the possible reopening of the Strait of Hormuz. #TrendingTopic #Write2Earn
SK Hynix Shares Extend Gains to Record High $ID $ATM $PORTAL
SK Hynix shares extended gains and set another record high, with the stock trading at 2.41 million won. According to Odaily, the company’s share price continued to reach new historical highs as the rise widened.
Xiaohongshu Plans Hong Kong IPO by Year-End, Investors Expect Valuation Above $70 Billion $ID $ATM $SPCXB
Xiaohongshu plans to list in Hong Kong by the end of this year. According to Wall Street Journal, investors expect the company’s valuation to exceed $70 billion. #TrendingTopic #Write2Earn
STOCKS | Shanghai Stock Exchange Chair Says It Will Strengthen Risk Controls and Market Stabilization $SPCXB $OPG $ID
Shanghai Stock Exchange Chair Qiu Yong said the exchange would take more targeted and efficient steps to prevent and control risks and to reinforce the stability of China’s capital markets. According to Jin10, Qiu made the remarks on June 17 at the 2026 Lujiazui Forum during a plenary session focused on building a more complete and functional capital market. Qiu said the exchange planned to strengthen risk monitoring, early warning systems, and forward-looking assessments, and to fully support efforts to stabilize the market. He added that the exchange would promptly advance the implementation of countercyclical adjustment tools and related mechanisms to improve its ability to respond to risks. He also said the exchange would urge and guide listed companies to improve quality, corporate governance, and investor returns, aiming to help form stable expectations and a coordinated market effort to bolster confidence. Qiu said the exchange would improve expectation-management mechanisms and strengthen communication and guidance to build market consensus and create a favorable environment for deepening reforms.
Brazil Central Bank Seen Cutting Key Rate by Quarter-Point on Wednesday $GPS $ID $ATM
Brazil’s central bank is likely to cut its key interest rate by a quarter-point on Wednesday as policymakers weigh inflation risks, according to Bloomberg, with an Iran peace deal easing some pressure. #TrendingTopic #Write2Earn
U.S. President Donald Trump Says Strait of Hormuz to Fully Reopen Within One to Two Days $EPIC $JST $ID
U.S. President Donald Trump said markets are satisfied with an Iran agreement and that the Strait of Hormuz will reopen within one to two days. According to Odaily, Trump said the strait is currently partially open and will later be fully opened, adding that oil prices are falling. Trump also praised rising stock markets and declining oil prices, and said his trip to the Group of Seven was very successful.
Iranian NITC Tanker Leaves Blockade Line Carrying 1 Million Barrels of Crude, Tanker Trackers Says $GPS $TSLAB $ATM
A third tanker operated by Iran’s National Iranian Tanker Company (NITC) has left a blockade line carrying 1 million barrels of crude oil, Tanker Trackers reported. According to Odaily, the update was based on information from the ship-tracking website Tanker Trackers.
Iranian NITC Tanker Leaves Blockade Line Carrying 1 Million Barrels of Crude, Tanker Trackers Says $GPS $ID $ATM
A third tanker operated by Iran’s National Iranian Tanker Company (NITC) has left a blockade line carrying 1 million barrels of crude oil, Tanker Trackers reported. According to Odaily, the update was based on information from the ship-tracking website Tanker Trackers.
EU Capital Markets Integration Hurt by Brexit, EIB President Says $GPS $ID $ATM
Brexit is partly responsible for the European Union’s failure to integrate its capital markets, European Investment Bank President Nadia Calvino said. According to Bloomberg, she linked the UK’s exit from the European Union to the bloc’s difficulties in advancing capital markets integration.
Stellantis Pledges New Investments in Italy as It Crafts European Turnaround Plan $ID $ATM $GPS
Stellantis NV pledged new investments in Italy as it works on a European turnaround plan that is likely to involve difficult decisions. In a sign of improved relations, Chief Executive Officer Antonio Filosa gained some credibility with labor leaders, according to Bloomberg. #TrendingTopic #Write2Earn
China Regulator Clears Rollout of Actively Managed ETFs $AT $ATM $GPS
China’s regulator approved the rollout of actively managed exchange-traded funds, expanding the range of investment products in the world’s second-largest stock market. According to Bloomberg, the move brings China’s ETF market closer in line with more developed peers. #TrendingTopic
T. Rowe Price Economist Says Bank of England Is More Likely to Cut Rates Than Hike $ATM $GPS $COS
A T. Rowe Price economist said the Bank of England’s next move is more likely to be an interest-rate cut than a hike. According to Jin10, T. Rowe Price economist Tomasz Wieladek wrote in a report that U.K. inflation in May held steady at 2.8%, marking a second consecutive month below expectations. Wieladek said food inflation came in notably weaker than expected. He added that even excluding food, most categories’ contributions to May inflation tilted to the downside. He said U.K. monetary policy appeared to be working, arguing that a prolonged period of restrictive policy had, to some extent, weakened inflation momentum. As a result, Wieladek said policymakers were likely to conclude there was no need for further rate increases to stabilize inflation, particularly given the impact of the Middle East conflict on the real economy.
China Regulator Clears Rollout of Actively Managed ETFs $ID $ATM $EPIC
China’s regulator approved the rollout of actively managed exchange-traded funds, expanding the range of investment products in the world’s second-largest stock market. According to Bloomberg, the move brings China’s ETF market closer in line with more developed peers.
I'm watching more projects talk about open AI infrastructure. I'm looking at how quickly the conversation is shifting from model creation to model access. I've been noticing traders paying attention to networks that sit underneath the applications rather than the applications themselves. I'm waiting to see which systems can handle real demand when the excitement fades and actual usage arrives. OpenGradient keeps appearing in that part of the market where the theory sounds clean but the execution is harder than people admit. Everyone agrees that relying on a small number of providers creates bottlenecks. The agreement comes easily. The difficult part starts when developers need inference that is fast, consistent, and verifiable at the same time. Those requirements tend to collide with each other. What stands out is how the discussion is moving beyond simply hosting models. Verification is becoming part of the conversation because users increasingly want proof about what model ran, where it ran, and whether outputs can be trusted. That sounds like a technical detail until money, automation, or business decisions depend on those responses. The friction is still visible. Distributed infrastructure introduces coordination costs. Performance can vary. Incentives need to remain aligned across participants who may have different priorities. Markets usually underestimate these operational problems early and then obsess over them later. Watching OpenGradient develop, the interesting part is not the vision itself but how the network behaves when real workloads start exposing the edges of the design. $OPG #OPG @OpenGradient