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Trump warned Iran of severe military consequences if it refuses to sign an agreement, labeling the current ceasefire as the 'most violated in history'. VP Vance noted US engagement with various factions within Iran.
Read MoreMajor Asian stock markets opened sharply lower on Thursday, June 11th. South Korea's KOSPI index fell nearly 3%, while Japan's Nikkei 225 dropped over 1%, signaling investor caution at the start of the trading day.
Read MoreThe U.S. Central Command refuted Iranian claims that the Strait of Hormuz was closed, confirming continued commercial vessel traffic. Iran's Revolutionary Guard had announced a closure citing U.S. violations.
Read MorePresident Trump announced direct communication with Iranian officials, stating Iran requested a cessation of U.S. airstrikes. He indicated bombings may soon stop but left open the possibility of future actions. Trump also clarified Israel was not involved, introducing a potential diplomatic shift in Middle East tensions.
Read MoreA newly created wallet deposited $3M USDC into a derivatives platform, actively trading between long and short positions. It currently holds a 20x leveraged long on over 36,000 ETH ($58.49M), facing a $380K unrealized loss, having previously profited $1.7M from two earlier trades.
Read MoreOpenAI and Oracle announce a strategic partnership. Within weeks, existing Oracle Cloud Infrastructure (OCI) customers can use their Universal Credits to directly access OpenAI's cutting-edge models and Codex, streamlining enterprise AI adoption without new procurement.
Read MoreOvernight events shook global markets. US-Iran tensions escalated sharply, raising military risks. US core inflation cooled unexpectedly, yet Fed policy uncertainty remains. SpaceX's IPO faces hurdles, while BlackRock intensifies its Bitcoin strategy. Geopolitics and economic signals set a volatile tone for the week.
Read MoreReports of escalating military activity in the Middle East triggered a sharp risk-off move in futures markets. Nasdaq 100 futures fell 1%, while S&P 500 futures dropped 0.6%, indicating a swift shift toward safe-haven assets as geopolitical concerns resurface.
Read MoreSpaceX has reportedly achieved investment-grade ratings from three major bond agencies, according to informed sources. This strategic milestone is expected to substantially lower future borrowing costs and bolster investor confidence ahead of its potential IPO, marking a pivotal step in its financial maturation.
Read MoreIsraeli media, citing informed sources, reported that Israel was not involved in recent military actions against Iran. This denial offers a temporary respite from fears of escalating conflict, though regional tensions remain high and fluid.
Read MoreOn June 11th, Iran's military abruptly declared a complete closure of the Strait of Hormuz to all maritime traffic, including oil tankers and commercial ships, citing deteriorating regional security. Any vessel attempting passage will face attack, severely threatening global energy supply chains.
Read MoreDuring early Asia-Pacific trading, international oil prices surged over 2% following hawkish remarks from a senior US official, who hinted at potential US military strikes against key infrastructure in Iran, escalating Middle East tensions and immediately impacting crude futures and US stock index futures.
Read MoreMilitary clashes erupted in the Persian Gulf near the Strait of Hormuz. Iranian state media reported missile and drone strikes targeting US warships in the area, significantly escalating maritime tensions. Further details and casualty reports remain under investigation.
Read MoreMarket expectations, as tracked by the CME FedWatch Tool, overwhelmingly indicate the Federal Reserve will hold interest rates steady in June, with a 98.4% probability. While July is also expected to see no change, a small chance of a rate hike has emerged.
Read MoreEarly on June 11, explosions were reported in multiple locations across Iran, triggering widespread air defense alerts. Southern coastal areas and the capital, Tehran, were affected, with defense systems activated. Investigations are ongoing.
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