27m ago
Gold drops 0.8% to $3,974.75/oz as 10-year yield hits 4.465% and September hike odds rise to 67%
On July 1, spot gold fell 0.8% to $3,974.75 an ounce, after touching an intraday low of $3,942.99, the weakest level since last November. Silver, platinum and palladium also declined. The drop followed a sharp rise in U.S. Treasury yields, with the 10-year at 4.465%, and a market-implied 67% chance of a Fed rate hike by September, compounded by Cleveland Fed President Beth Hammack signaling a preference for further tightening.
27m ago
33m ago
Sterling falls 0.23% to $1.3234 as dollar strengthens amid UK political uncertainty
Sterling fell 0.23% to $1.3234, snapping a four-day run of gains. The pound ended June down 0.2% and was down 1.6% in the first half of the year. The dollar’s advance was supported by rising U.S. Treasury yields ahead of upcoming employment data and market focus on comments from new Fed Chair Kevin Warsh. In the UK, uncertainty over Labour Prime Minister Keir Starmer’s expected exit and the possibility of Andy Burnham succeeding him added to concerns about the recovery under fiscal constraints.
33m ago
36m ago
Gold slips 1% to $3,969.03 as higher Treasury yields weigh on Fed rate outlook
Gold fell 1% to $3,969.03 per ounce, hovering near a seven-month low, while silver, platinum and palladium also declined. Higher 10-year U.S. Treasury yields and a firmer dollar pressured bullion, as Federal Reserve officials reiterated that a September rate hike remains possible, with the CME FedWatch Tool showing a roughly 67% chance. Separately, Iran said it would not meet with senior U.S. envoys, heightening Middle East risks and pushing oil prices higher.
36m ago
45m ago
Iran rejects U.S.-led bilateral talks in Doha, lifting oil prices as ceasefire prospects fade
Iran declined to hold a U.S.-led bilateral meeting in Doha, dimming hopes for a Middle East ceasefire. The move marked a sudden diplomatic breakdown rather than a routine statement. Markets reassessed the security of energy shipments along the Red Sea–Persian Gulf corridor, pushing oil prices higher in the short term. The report pointed only to upward pressure on crude, without citing other assets.
45m ago
52m ago
Bitcoin millionaire addresses fall by 26,653 in H1 2026
Bitcoin (BTC) saw a steep drop in millionaire wallet addresses in the first half of 2026, as price declines pushed many wallets below the $1 million mark. Between January 1 and June 30, 2026, the number of Bitcoin addresses holding at least $1 million fell from 148,084 to 121,431, a decline of 26,653 addresses, or 18%, according to Finbold’s H1 2026 Cryptocurrency Market Report. The biggest contraction was among addresses holding $1 million to $10 million, which fell by 23,727 to 107,989.
BTC
BTC-0.80%
52m ago
1h ago
U.S. stock index futures fall 0.4%–0.55% as traders price in further Fed rate hikes
U.S. stock index futures were broadly lower, with S&P 500 and Dow futures down 0.4% and Nasdaq futures off 0.55%. New York gold futures slid 1.6% to $3,974 an ounce as Treasury yields pushed to one-week highs, with the 2-year at 4.175% and the 10-year at 4.464%. Traders leaned further into expectations for additional Federal Reserve rate increases ahead of Thursday’s June nonfarm payrolls report and remarks expected from new Fed Chair Kevin Warsh at the Sintra forum. Tech names including ASML and Micron were weaker in premarket trading.
1h ago
1h ago
Trump’s 2025 financial filing details $635,068,835 in TRUMP memecoin royalties as CLARITY Act stalls over crypto ethics limits
Donald Trump’s 2025 annual financial disclosure, certified on June 30, lists exposure to a wide range of crypto assets and related income, including $635,068,835 in TRUMP memecoin-linked royalties, $236,250,000 in World Liberty Financial token-sale proceeds, and 15,750,000,000 WLF governance tokens valued at over $50 million. The filing arrives as the CLARITY Act is stalled in the Senate over whether elected officials and their families should be allowed to hold, issue, promote, or profit from digital assets while writing market rules. Polymarket traders put the chances of the bill being signed in 2026 at 48%, down from 74% in May.
ETH
ETH-0.21%
1h ago