Happy 8th Anniversary, @Binance! Thank you for the amazing swag and for being a game-changer in the crypto world 💛 Here’s to innovation, community, and many more years ahead! 🚀
🚨 BREAKING: US-Iran Final Draft Agreement Reached via Pakistan Mediation! 🇺🇸🤝🇵🇰🤝🇮🇷
The ultimate geopolitical shift has just leaked. According to verified state media updates via ILNA (Iran News Agency), a final draft of the US-Iran agreement has been officially reached, mediated by Pakistan. An official announcement is expected within hours.
Stock futures fell slightly this morning after a record-setting week. Traders monitor oil prices and bond yields while awaiting further developments with the conflict in the Middle East. Oil prices were little changed. The major averages suffered a setback Friday, as sovereign bond yields around the world rose. Tech stocks, which had been leading the market to record highs got battered by the spike in yields. Tensions are still high between Iran and the U.S., keeping oil prices elevated as the path forward for the conflict remains unclear. On top of that, new inflation data released last week makes the Federal Reserve cutting rates anytime soon a long shot. The financial markets expect interest rates to remain higher for longer, notwithstanding President Trump's demands that Kevin Warsh, newly instated as Fed chief, get rates down. Meta is slated to start its latest round of layoffs this week, with a total of 8,000 projected job cuts. More layoffs are expected this year as Meta is ramping up its investments in artificial intelligence.
CPI - Headline YOY Previous - 3.3% Expected - 3.8% Current - 3.8% CPI Core YOY Previous - 2.6% Expected - 2.7% Current - 2.8% As expected, for Headline inflation. Higher than expected for Core. Negative but I don't think the situation is that bad. We will see how Crypto react.
Iran sent a new proposal to U.S. negotiators, centered on ending the monthslong conflict. Trump dismisses Iran's peace proposal response. Trump said, "I don't like it — TOTALLY UNACCEPTABLE!" Brent oil tops $103 as a result. Israel warned that the conflict with Iran is not over. Citi warned risks remain skewed upward for oil prices. WTI and Brent are both up around 40% since the U.S. and Israeli-led war against Iran started on Feb. 28. Nonetheless, some market watchers expect U.S. markets to remain resilient despite the uncertainty. Markets are bracing for impact.
THE EMPLOYMENT SITUATION - APRIL 2026 Total nonfarm payroll employment edged up by 115,000 in April, more than expected, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus. Job creation was better than expected in April. Job gains occurred in health care, transportation and warehousing, and retail trade. Federal government employment continued to decline.