Wednesday, June 25, 2025

EUR/USD, GBP/USD Extend Rallies as US Dollar Index Tests Support

EUR/USD and GBP/USD push higher as the US dollar index clings to support. All eyes now turn to the PCE inflation report for Fed rate-cut clues.

By :  Matt Simpson,  Market Analyst

The US dollar remains under pressure as EUR/USD and GBP/USD extend their bullish trends. While the Fed’s dot plot allows for two cuts this year, the reality will depend on incoming data. Powell reiterated this week that interest rates will stay in the 4.25–4.5% range until inflation shows clear responses to proposed tariffs. But with PCE inflation due Friday and nonfarm payrolls next week, markets could soon recalibrate their rate expectations—and that could dictate the next move for the dollar.

 

View related analysis:

 

 

Incoming PCE Inflation and Fed Expectations Drive EUR/USD and GBP/USD Trends

The Fed’s projections allow for two 25bp cuts this year, though whether they eventuate depends on incoming data. Powell told the House Financial Committee this week that rates will stay at 4.25–4.5% until there’s clear evidence on how tariffs are affecting inflation. He also warned that Trump’s proposed tariffs are likely to lift prices this summer as costs are passed on to consumers — noting they’re significantly higher than those imposed during the 2019 trade war.

That makes Friday’s PCE inflation report the more important one. While today’s GDP release will get some attention, it’s a final revision of Q1 data—making it relatively stale in the broader scheme of things. Next Friday’s nonfarm payrolls report will also be key, particularly if both inflation and employment data come in soft and reshape expectations for Fed policy.

With the Israel–Iran conflict fading from focus and Trump’s trade war less potent than before, traders may finally be able to refocus on monetary policy—and that means yields could drive currencies again. And if US data weakens, lower yields could weigh on the US dollar.

https://preview.redd.it/akdre0ogl59f1.png?width=700&format=png&auto=webp&s=3ddb584369138472a21249895bc066f3547cd84f

US Dollar Index (DXY) Technical Analysis

A head and shoulders (H&S) top projects a downside target for the US dollar index around 95.73. By textbook standards it’s debatable whether it qualifies, given the bearish breakout has lacked follow-through. Ideally, we want to see momentum accelerate out of such patterns. Still, the US dollar remains in a downtrend, and if incoming data justifies Fed cuts, the pattern argument becomes moot.

A bearish engulfing candle formed on Monday to mark a swing high around the 99 handle. Prices are now clinging to the April low at 97.28 for support. A break beneath the 97 handle could open the door to 96, which sits near the 2023 low (96.28) and the H&S target (95.73).

https://preview.redd.it/xfg1kuajl59f1.png?width=700&format=png&auto=webp&s=418b66584745f044726d12470a05760612ed3739

Click the website link below to read our exclusive Guide to bitcoin trading in Q2 2025

https://www.cityindex.com/en-au/market-outlooks-2025/q2-bitcoin-outlook/

https://preview.redd.it/kogfdoqbm59f1.png?width=1500&format=png&auto=webp&s=b9e49be7c3bb50c5e7020c235dfe8e8ae9793657

EUR/USD Technical Analysis: Euro vs US Dollar

EUR/USD rose to its highest level since November 2021. As noted in this week’s COT report, euro bulls have continued to add to positions, with net-long exposure from both large speculators and asset managers still well below sentiment extremes. The pair now sits within a day’s typical range of the October 2021 high at 1.1693 and the key 1.17 handle — a break above which could open the door to 1.18.

https://preview.redd.it/pvnk8wqcm59f1.png?width=700&format=png&auto=webp&s=7db65df0fa1678caeeb90033784c1ff6466ea621

Click the website link below to read our exclusive Guide to EUR/USD trading in Q2 2025

https://www.cityindex.com/en-au/market-outlooks-2025/q2-eur-usd-outlook/

https://preview.redd.it/nyu0qf8qm59f1.png?width=1500&format=png&auto=webp&s=e21fbf7596bc9bf06502a7cc91865975c7fb343a

GBP/USD Technical Analysis: British Pound vs US Dollar

The British pound rose for a third straight session, lifting GBP/USD above the February 2021 high. With a solid bullish trend structure on the daily chart and the potential for softer US inflation to revive Fed rate-cut expectations, GBP/USD looks poised to test the 2022 high at 1.3749. A break above that level would bring the October 2021 high at 1.3835 into focus.

https://preview.redd.it/mhexa7gul59f1.png?width=700&format=png&auto=webp&s=f2ef05629deb34c37ffe78af247c094d647ca744

USD/JPY Technical Analysis: US Dollar vs Japanese Yen

A bearish pinbar formed on Monday to mark a prominent swing high for USD/JPY just below the 200-day EMA (148.23). Tuesday’s bearish follow-through completes a 3-day Evening Star reversal pattern. A break beneath Tuesday’s low (144.58) could open the door to 144.00 and a potential revisit of the April volume point of control (VPOC) at 142.71.

https://preview.redd.it/m0r1n1wwl59f1.png?width=700&format=png&auto=webp&s=94ed2824ed37c1331e33954f62d0762c25853a7f

Click the website link below to read our exclusive Guide to USD/JPY trading in Q2 2025

https://www.cityindex.com/en-au/market-outlooks-2025/q2-usd-jpy-outlook/

https://preview.redd.it/17w6co7km59f1.png?width=1500&format=png&auto=webp&s=4347da30d8f7a2a6a45f738d1e8f53bd6e69fefc

USD/CHF Technical Analysis: US Dollar vs Swiss Franc

The Swiss franc continues to mirror the US dollar index. A head and shoulders top on USD/CHF projects a downside target around 0.7930, and the pair looks poised to break below its April low and the key 0.80 handle. Even if we see a short-term bounce, the broader trend structure on the daily chart remains bearish, favouring a move lower.

https://preview.redd.it/0ixjzjjgm59f1.png?width=700&format=png&auto=webp&s=d042cadeb47745226f5de506c9178b0ac0582b7c

Economic Events in Focus (AEST / GMT+10)

09:50 JPY Foreign Bonds Buying, Foreign Investments in Japanese Stocks (USD/JPY, Nikkei 225)
16:00 EUR GfK German Consumer Climate (Jul) (EUR/USD, DAX)
18:30 GBP BoE Breeden Speaks (GBP/USD, FTSE 100)
20:00 EUR EU Leaders Summit (EUR/USD, DAX)
21:00 GBP BoE Gov Bailey Speaks (GBP/USD, FTSE 100)
21:00 EUR ECB's Schnabel Speaks (EUR/USD, DAX)
22:00 USD FOMC Member Barkin Speaks (USD, S&P 500, Nasdaq 100, Dow Jones, Gold, Crude Oil)
22:30 USD GDP, Core PCE Prices, Consumer Spending (Q1), Goods Trade Balance (May), Core Durable Goods Orders (May), Jobless Claims (USD, S&P 500, Nasdaq 100, Dow Jones, Gold, Crude Oil)
22:30 CAD Average Weekly Earnings (Apr), Wholesale Sales (May) (USD/CAD, TSX)
22:45 USD FOMC Member Barkin Speaks (USD, S&P 500, Nasdaq 100, Dow Jones)

00:00 USD Pending Home Sales (May), Pending Home Sales Index (May) (USD, S&P 500, Nasdaq 100, Dow Jones)
00:30 USD Natural Gas Storage (USD, Crude Oil)
02:00 USD 7-Year Note Auction (USD, Treasury Market)

 

View the full economic calendar

 

-- Written by Matt Simpson

Follow Matt on Twitter u/cLeverEdge

https://www.cityindex.com/en-au/news-and-analysis/eur-usd-gbp-usd-extend-rallies-as-us-dollar-index-tests-support/

From time to time, StoneX Financial Pty Ltd (“we”, “our”) website may contain links to other sites and/or resources provided by third parties. These links and/or resources are provided for your information only and we have no control over the contents of those materials, and in no way endorse their content. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our website are complete or accurate. We are not under any obligation to update any such material.

As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our website (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed.

 


The Daily Market Flux - Your Complete Market Rundown (06/25/2025)

MarketFlux.io is a real-time financial news and analytics aggregator that gathers textual news from over 350 sources, providing instant insights and advanced filtering capabilities. With AI-powered sentiment analysis, historical search, and customizable filters, MarketFlux.io enables traders and investors to efficiently track market-moving events as they unfold. Visit Marketflux.io

Top Stories

S&P 500 Nears Record High Amid Easing Middle East Tensions and Tech Rally

The S&P 500 approaches record highs as Middle East tensions ease, with the Nasdaq 100 reaching a new peak. Investors remain optimistic about lasting peace between Israel and Iran, while oil prices rebound after a significant two-day decline.

Explore more at MarketFlux

NATO Nations Pledge 5% GDP for Defense by 2035, Strengthening Alliance

NATO allies have agreed to boost defense spending to 5% of GDP by 2035, with 3.5% allocated to core defense. This historic decision reaffirms commitment to collective defense and addresses security challenges, particularly from Russia and terrorism.

Explore more at MarketFlux

Trump Touts Success of Iran Strikes, Intelligence Reports Paint Different Picture

US strikes on Iran's nuclear facilities reportedly caused limited damage, setting back Tehran's program by only months. Trump disputes these assessments, claiming complete destruction. A fragile ceasefire holds as tensions escalate in the Middle East.

Explore more at MarketFlux

Company News

Nvidia Corporation (NVDA)

Performance Overview

1D Change:  4.39%

5D Change:  7.11%

News Volume:  174

Unusual Volume Factor:  1x

Nvidia Surges to Record High, Becomes World's Most Valuable Company Amid AI Boom

Nvidia Corporation (NVDA) has experienced a remarkable turnaround in 2025, with its stock reaching new all-time highs and the company becoming the world's most valuable, surpassing Microsoft. The surge is primarily driven by the booming artificial intelligence (AI) sector and Nvidia's dominant position in AI chip manufacturing.

Full coverage of $NVDA on MarketFlux.io

Shell Plc (SHEL)

Performance Overview

1D Change:  -0.98%

5D Change:  -3.98%

News Volume:  107

Unusual Volume Factor:  9x

Shell Denies Rumors of BP Takeover Amid Market Speculation and Brief Stock Surge

In a stunning development that sent shockwaves through the energy sector, reports emerged that Shell was in early-stage talks to acquire its rival BP in a potential $80 billion mega-deal. The Wall Street Journal broke the news, citing sources familiar with the matter, which immediately caused BP's shares to surge by 7-8%.

Full coverage of $SHEL on MarketFlux.io

Microsoft Corporation (MSFT)

Performance Overview

1D Change:  0.43%

5D Change:  3.01%

News Volume:  96

Unusual Volume Factor:  2x

Microsoft Rides AI Wave Amid Soaring Valuations and Strategic Partnerships

In a flurry of developments, Microsoft Corporation has found itself at the center of the AI revolution, with significant implications for its business and the broader tech landscape. Wedbush Securities analyst Dan Ives raised Microsoft's price target to $600 from $425, citing accelerating AI enterprise adoption and strong momentum in the company's AI initiatives. This bullish outlook is echoed by Wells Fargo, which hiked its price target for Microsoft, projecting that the company's AI business could reach $100 billion in revenue.

Full coverage of $MSFT on MarketFlux.io

General Mills, Inc. (GIS)

Performance Overview

1D Change:  -5.06%

5D Change:  -4.49%

General Mills Forecasts Profit Slump, Stock Tumbles Amid Consumer Caution and Rising Costs

General Mills, the maker of Cheerios and other popular food brands, released its fourth-quarter earnings report for fiscal year 2025 today, revealing mixed results and a cautious outlook that sent its stock tumbling. The company reported adjusted earnings per share of $0.74, beating estimates by $0.03, while revenue came in at $4.56 billion, slightly below expectations.

Full coverage of $GIS on MarketFlux.io

Fedex Corporation (FDX)

Performance Overview

1D Change:  -3.23%

5D Change:  -0.24%

FedEx Shares Plummet on Weak Profit Forecast Amid Tariff Concerns

FedEx Corporation's stock is experiencing significant turbulence following its Q4 2025 earnings call. Despite reporting strong results with margin expansion, the company's profit forecast for Q1 2026 has fallen short of expectations, causing the stock to tumble by 4.8% in pre-market trading.

Full coverage of $FDX on MarketFlux.io

Other News

Healthcare Events

Pharmaceutical Industry Surges Forward with Breakthrough Therapies and Regulatory Milestones

The pharmaceutical and biotech sectors are buzzing with activity as several companies report significant developments in drug trials, regulatory approvals, and strategic partnerships. BeOne Medicines received a positive CHMP opinion for a tablet formulation of BRUKINSA®, while Corvus Pharmaceuticals' partner in China got approval for an atopic dermatitis drug trial. The FDA granted RMAT designation to enGene's bladder cancer therapy and approved InspireMD's CGuard® Prime Carotid Stent System for stroke prevention. Precision BioSciences saw its stock jump after receiving FDA rare pediatric designation for a Duchenne Muscular Dystrophy treatment.

RFK Jr.'s CDC Vaccine Panel Meets Amid Controversy and Funding Cuts to Global Vaccine Initiative

The CDC's vaccine advisory panel, recently restructured under RFK Jr.'s leadership, is holding its first meeting to review major vaccine policies. The panel will vote on flu, RSV, and thimerosal recommendations, affecting vaccines from major pharmaceutical companies. Simultaneously, the U.S. has halted funding to Gavi, an international vaccine alliance, citing safety concerns. This move disrupts $300 million in annual aid.

Technology Events

Tesla's European Sales Nosedive Amid Rising Competition in Booming EV Market

Tesla's European sales plummeted 40.5% in May, marking the fifth consecutive month of decline. Despite overall EV registrations rising 27%, Tesla's market share dropped to 1.2%. Cheaper Chinese models and hybrid vehicles from competitors gained momentum, challenging Tesla's dominance in the European EV market.

Tesla Robotaxi Tests in Austin Reveal Alarming Safety Issues, Sparking Regulatory Scrutiny

Tesla's robotaxi trials in Austin face scrutiny as vehicles exhibit erratic behavior, including lane violations and abrupt braking. Officials and experts express concern over public safety, prompting regulatory attention.

Apple to Revamp App Store, Dodging EU Fines and Meeting Compliance Deadline

Apple plans to make App Store changes to comply with EU regulations and avoid additional fines, following a €500 million penalty in April. The company aims to meet the June 26 DMA compliance deadline.

BYD Scales Back EV Production and Expansion Amid Sales Slump and Inventory Surge

BYD, China's EV leader, has reduced production and delayed expansion plans due to falling sales and high inventory levels. The company cut factory shifts and paused new production lines despite implementing deep price cuts. Some dealers have closed amid the strain.

Micron Stocks Surge as AI Demand Propels Q4 Revenue Forecast

Micron's Q4 revenue forecast of $10.7B surpasses expectations, driven by soaring AI data center chip demand. The company's shares jumped 6.7% after hours as AI infrastructure spending fuels memory chip sales. Micron, the largest US memory chip maker, benefits from the AI boom.

Macro Events

Fed Proposes Easing Capital Rules for Big Banks, Potentially Reducing Requirements by Billions

The Federal Reserve has proposed changes to ease the enhanced supplementary leverage ratio for large banks, a key capital rule imposed after the 2008 financial crisis. The plan would reduce total tier 1 capital requirements for global systemically important banks by 1.4% ($13 billion) and by 27% ($213 billion) for bank subsidiaries. This move, long sought by banks, aims to adjust capital requirements but has sparked debate among regulators.

Fed Chair Powell: Stablecoins Mature and Go Mainstream, Business Sentiment Improves

Federal Reserve Chair Powell acknowledges the stablecoin industry's maturation and mainstream adoption in recent years. He notes businesses are feeling more optimistic, with tariff uncertainty peaking in April.

Spain's Economy Maintains Growth Pace, French Consumer Sentiment Steady

Spain's GDP grew 0.6% in Q1, with annual growth at 2.8%, meeting expectations. Spanish PPI remained steady at 1.9% YoY in May. Meanwhile, French consumer confidence held at 88, slightly below forecasts.

BOJ's Tamura: US Tariffs to Weaken Japan's Economy, Gradual Rate Hikes Possible if Inflation Stabilizes

Bank of Japan board member Tamura warns that US tariffs will likely weaken Japan's economic data from July onward. While inflation is surprising on the upside, the BOJ remains cautious about unloading ETF holdings. Tamura estimates Japan's neutral rate at around 1% and suggests gradual rate hikes if 2% inflation becomes sustainable. However, the timing of rate hikes remains uncertain due to ongoing trade talks and the need for more information on underlying inflation trends.

Swiss Predict Steady US Tariffs Amid Ongoing Trade Talks

Switzerland anticipates US tariffs to remain at 10% beyond July 9, provided negotiations between the two nations continue after the 90-day grace period expires. This expectation reflects ongoing trade discussions and potential economic impacts.

Hassett Forecasts Imminent Trade Deals Following Tax Bill Passage

White House Senior Adviser Hassett predicts trade deals will be finalized soon, especially after the tax bill passes, signaling optimism for upcoming economic negotiations.

French Consumer Confidence Holds Steady in June, Misses Forecast

French consumer confidence in June remained steady at 88, slightly below expectations of 89, indicating stable but cautious consumer sentiment.

Geopolitics Events

China's Premier Li Outlines Vision for Economic Transformation and Global Cooperation Amid Trade Tensions

Trump Pledges Unwavering Support for NATO, Emphasizes Alliance Strength

President Trump affirmed strong support for NATO during a visit to The Hague, emphasizing commitment to Article 5. He stated NATO would become "very strong" with US involvement, portraying himself as a leader of strength and peace.

Trump Threatens Spain with Double Tariffs Over NATO Spending Dispute, Sparking Trade Tensions

President Trump has threatened to double tariffs on Spain due to their reluctance to meet NATO's defense spending target. At a NATO summit, Trump criticized Spain's stance, calling it "terrible" and vowing to negotiate directly with the country. He suggested that Spain could face tougher trade terms and higher tariffs as a consequence. This move comes as NATO leaders are set to back Trump's defense spending goal, with Spain opting out. The President's comments have raised concerns about potential trade tensions between the US and Spain, with implications for various industries, including olive oil. Trump's aggressive stance on NATO spending and trade negotiations has become a focal point of the summit, overshadowing other global issues such as the Ukraine-Russia conflict.

Trump to Negotiate Iran Nuclear Deal Next Week

Trump plans to discuss a potential agreement with Iran next week, aiming to halt nuclear progress. He suggests a possible deal signing, focusing on preventing nuclear developments.

Trump Narrows Fed Chair Selection to 3-4 Candidates

Trump reveals he has narrowed down his choice for the next Federal Reserve Chair to a small group of three or four candidates, sparking market speculation.

Iran Reports Severe Damage to Nuclear Facilities Following U.S. Airstrikes

Iran's Foreign Ministry spokesperson claims that recent U.S. airstrikes have "badly damaged" the country's nuclear installations. This revelation escalates tensions between the two nations and raises concerns about the potential impact on Iran's nuclear program and regional stability.

Trump Launches Scathing Attack on Fed Chair Powell's Intelligence and Competence

Former President Trump harshly criticizes Federal Reserve Chair Jerome Powell, calling him "very stupid," "low IQ," and "mentally average." Trump's comments suggest he views Powell as politically motivated and intellectually unfit for his role.

Trump at NATO Summit: Iran-Israel War Over, But Tensions Remain; U.S. Vigilant on Nuclear Threats

President Trump, speaking at the NATO summit, addressed the recent Iran-Israel conflict. He believes the war is over, with both sides exhausted, but warns it could reignite soon. Trump doesn't foresee Iran resuming nuclear activities, citing their oil resources as an advantage. He emphasized U.S. readiness to intervene if Iran pursues nuclear weapons. Trump also mentioned plans to discuss ending the Ukraine war with Putin.

Trump Lauds Iran's Oil Advantage, Downplays Nuclear Concerns Amid Conflict Warnings

Trump praises Iran's oil resources, suggesting it gives them a significant advantage. He doubts Iran will return to nuclear activities, while intelligence warns of potential renewed conflict with Israel.

US Resists European Pressure for Russian Sanctions, Prioritizes Diplomatic Engagement

US Secretary of State Rubio states that the US will continue engaging with Russia, seeking opportunities to make a difference and bring Russia to the negotiating table. Despite Europe's pleas for increased sanctions, the Trump administration is holding off, preferring to maintain room for potential peace negotiations with Russia.

Trump Defends Iran Bombing at NATO Summit Press Conference

Trump addresses NATO summit, discussing recent Iran bombing and its outcomes. The event also touches on other news, including a primary win in NYC.

Trump Threatens Further Strikes if Iran Revives Nuclear Program

President Trump warned of potential future U.S. strikes if Iran rebuilds its nuclear program. When asked if the U.S. would strike again, Trump responded "Sure," reinforcing Washington's hardline stance amid post-ceasefire tensions.

Trump-CBS Lawsuit: $20M Settlement Proposed, Including $17M for Trump Foundation

A mediator has proposed a $20 million settlement in Trump's lawsuit against CBS over a "60 Minutes" interview with Kamala Harris. The deal includes a $17 million donation to Trump's foundation, legal fees, and anti-antisemitism PSAs on Paramount networks. This settlement is seen as a key hurdle in Paramount's $8.4 billion merger talks.

Oil And Gas Events

Shell Quashes Rumors: No Talks to Acquire Oil Rival BP

Shell PLC denies market speculation about acquiring BP, with a spokesperson confirming no talks are occurring between the oil giants. This statement quashes rumors of a potential industry-shaking merger.

Unexpected Plunge in US Oil Inventories Signals Tightening Supply

US petroleum inventories saw significant declines last week, with crude oil stocks falling by 5.836 million barrels, far exceeding forecasts. Gasoline and distillate inventories also dropped, surprising analysts. Refinery utilization rates increased, while crude oil imports rose. These unexpected inventory drawdowns across multiple categories signal tightening supply in the US oil market, potentially impacting fuel prices and energy sector dynamics.

Russia Open to OPEC+ Oil Output Hike, Showing Flexibility Ahead of July Meeting

Russia signals openness to supporting another oil output increase at the upcoming OPEC+ meeting on July 6, if the alliance deems it necessary. This shift in stance comes after initial resistance at the previous meeting. Moscow's flexibility reflects its readiness to adapt to market needs and collaborate with OPEC+ partners.

Russia Revises Oil Refining Capacity as India Dominates Russian Oil Purchases

Russia's offline primary oil refining capacity for June has been revised upward by 5% to 3.2 million tons. Meanwhile, India has become the dominant buyer of Russia's main oil grade, with private refiners increasingly purchasing the discounted crude. Indian imports now account for 80% of Russian seaborne oil exports.

Real Estate Events

US New Home Sales Plunge 13.7% in May, Signaling Housing Market Slowdown

US new home sales plummeted 13.7% in May to 623,000 units, falling short of the 693,000 estimate. This sharp decline follows a 10.9% increase in April. Building permits also decreased, indicating a cooling housing market amid economic uncertainties.

FHFA Directs Fannie Mae and Freddie Mac to Consider Crypto Assets in Mortgage Assessments, Signaling Major Shift in US Housing Finance

In a groundbreaking move, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to prepare for including cryptocurrency assets in mortgage risk assessments. FHFA Chair Bill Pulte announced this initiative, aligning with the vision to make the United States a crypto capital. This decision could potentially expand mortgage access by allowing borrowers to count their crypto holdings as assets. While this marks a significant step towards mainstream adoption of cryptocurrencies in finance, it also raises questions about volatility and risk management. The move is seen as a boost for both the real estate and crypto markets, potentially paving the way for Bitcoin-backed home loans in the future.

NYC Real Estate Stocks Tumble as Mayoral Frontrunner Sparks Rent Freeze Concerns

Zohran Mamdani's lead in NYC's mayoral race triggers a selloff in bank and REIT stocks due to fears of potential rent freezes. Analysts warn of long-term credit risks, but some view the dip as a buying opportunity for office REITs.

Mortgage Applications Climb Despite Rising Rates, Signaling Housing Market Strength

US mortgage applications rose 1.1% last week, with the 30-year fixed rate increasing to 6.88%. Despite the rate hike, applications are up 18.3% year-over-year. The mortgage market shows resilience amid fluctuating interest rates and housing demand.

Crypto Events

Bitcoin Surges Past $108,000 as Institutions and Nations Eye Crypto Investments

Bitcoin has rebounded strongly, surpassing $108,000 and reigniting bullish sentiment in the crypto market. This surge comes amid growing institutional interest, with Anthony Pompliano's ProCap BTC LLC purchasing an additional 1,208 bitcoins, bringing their total holdings to 4,932 BTC. The company is racing towards a $1 billion Bitcoin treasury before going public. Meanwhile, Senator Lummis has urged the U.S. Treasury to invest in Bitcoin, emphasizing its importance for America's digital future. Tether has also announced plans to become the world's largest Bitcoin miner by 2025. Market indicators show positive trends, with Bitcoin inflows to Binance hitting their lowest levels since the last bear market, suggesting strong holder sentiment and potential for further price increases.

FHFA Directs Fannie Mae and Freddie Mac to Consider Crypto Assets in Mortgage Assessments, Signaling Major Shift in US Housing Finance

In a groundbreaking move, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to prepare for including cryptocurrency assets in mortgage risk assessments. FHFA Chair Bill Pulte announced this initiative, aligning with the vision to make the United States a crypto capital. This decision could potentially expand mortgage access by allowing borrowers to count their crypto holdings as assets. While this marks a significant step towards mainstream adoption of cryptocurrencies in finance, it also raises questions about volatility and risk management. The move is seen as a boost for both the real estate and crypto markets, potentially paving the way for Bitcoin-backed home loans in the future.

EU Pushes Ahead with Stablecoin Rules, Defying ECB Warnings

EU plans to implement new stablecoin regulations, ignoring European Central Bank's concerns about potential risks to monetary policy and financial stability.

SoFi Revives Crypto Offerings, Introduces Blockchain Remittances for Enhanced Financial Services

SoFi is set to relaunch crypto investing and introduce blockchain-based international money transfers. This move aims to provide members with faster, cheaper, and more transparent global remittance services, enhancing their financial management capabilities.

Barclays Halts Crypto Purchases via Credit Cards, Tightening UK Crypto Market

Barclays is banning UK customers from purchasing cryptocurrency using credit cards starting June 27. This decision eliminates a popular payment method for crypto investors and signals tighter restrictions in the crypto market. The ban applies to all personal cards for any cryptocurrency transactions.

Mullen Automotive Embraces Crypto: Bitcoin and $TRUMP Coin Now Accepted for EV Purchases

Mullen Automotive is now accepting cryptocurrencies, including Bitcoin and $TRUMP meme coin, for purchases of its commercial electric vehicles. This move sets Mullen apart from most automakers, with plans to explore additional crypto options in the future.

Corporate Actions Events

EU Launches Antitrust Probe into Mars' $36B Kellanova Acquisition

EU antitrust regulators have launched a full-scale investigation into Mars' $36 billion acquisition of Kellanova, maker of Pringles. Concerns arise over potential reduced competition and higher prices in the food industry, marking the largest food M&A deal in nearly a decade.

Surf Air Mobility's Stock Dives Following $27M Offering

Surf Air Mobility raises $27 million through a registered direct offering of common stock, causing its stock price to plunge.

Fixed Income And Interest Rates Events

Fed Chair Powell: U.S. Economy Strong, Bond Market Stable, and Future Rate Cuts Possible

Federal Reserve Chairman Jerome Powell delivered his second day of testimony to the Senate Committee, offering insights into the current state of the U.S. economy and monetary policy. Powell stated that interest rates are slightly restrictive at present, with the U.S. economy outperforming other countries, justifying higher rates. He noted that future trade deals might allow for rate cuts, and emphasized that the bond market is functioning well despite recent fluctuations. Powell addressed concerns about the dollar's weakness, attributing it to markets digesting challenging circumstances. He also discussed the potential impact of artificial intelligence on the economy and the importance of the Fed's power to pay interest on bank reserves. Powell touched on the relationship between federal debt and monetary policy, stating that debt considerations don't directly influence their decisions.

U.S. Treasury's 5-Year Note Auction Sees First Tail Since March, Yields Edge Higher

The U.S. Treasury's $70 billion 5-year note auction saw a slight 0.5 bps tail, with a high yield of 3.879%. This marks the first tail since March. The bid-to-cover ratio was 2.36x, slightly below average. Domestic demand increased to 24.44%, while foreign interest declined. Treasury yields edged higher from recent lows as oil prices rebounded. The auction results reflect shifting market dynamics and investor sentiment in the face of economic uncertainties.

Powell Defends Fed's Interest Payments to Banks as Essential for Monetary Policy

Fed Chair Powell defends paying interest on bank reserves, stating it's crucial for interest rate control. He warns that eliminating this practice wouldn't save money and could lead to volatility in a scarce reserves system.

Earnings Events

Winnebago Slashes Forecasts Amid Weak Q3 Performance

Winnebago reports lower Q3 earnings, cuts revenue and profit outlook for FY25 due to soft demand, causing shares to decline.

Legal Events

SEC and Major Exchanges Consider Relaxing Public Company Rules

SEC, Nasdaq, and NYSE are reportedly discussing reforms to ease regulations for public companies, including reducing disclosure requirements and making it harder for minority investors to influence decisions.

Explore more at MarketFlux

© 2025 MarketFlux. All rights reserved.


Underworld RP |NA|

I'm just a player that wants to see this awesome server grow. I was brand new to FiveM and RP when joining and everyone has been super friendly and helpful!

Underworld RP NA has EMS & PD, both of which are hiring. The Fire department is being worked on(Z_Fire). Also, plenty of civilian jobs to be had, Bitcoin farming, room for more gangs(mafias, syndicates, cartels, & MC's) only requires 3 active members. NO PAY TO PLAY.

We have large city events pretty often. In the past 4 weeks we have had a meditation retreat, A car show on the pier with a legal street racing event, and the Nightclub had its grand opening! This Friday another DJ will be hosting and jamming out.

We have an in-depth illegal drug system which allows newer groups to quickly compete with existing ones. We have Cayo Perico and treat it like a different country in regards to Police actions.

We are wrapping up the Casino to be up and running soon as well for those gamblers, along with a blackmarket Mad Max Demolition Derby and fight club.

We have members in several time zones, the economy is real life friendly.

Check us out! We look forward to seeing you and showing you around!

https://discord.gg/C6PRQFDZ