Global Rally Ignites on US-Iran Peace Hopes, Oil Dips Below $89
Global markets experienced a notable 'risk-on' sentiment shift on June 12, 2026, primarily fueled by optimism surrounding a potential US-Iran peace deal.
Lead story
The top story
Top stories · today
What's moving
Crypto
Bitcoin at $63,657: CPI and $2.97B ETF outflows test key support
Bitcoin trades at $63,657 on June 13, 2026, facing pressure from a 4.2% year-over-year U.S.
Commodities
Gold's 0.06% dip on June 12 driven by hawkish Fed bets, strong dollar
Gold experienced a slight dip of 0.06% on June 12, 2026, closing at $4215.32 per ounce, as robust US economic data fueled expectations of prolonged higher
Crypto
VELVET's 1,400% Weekly Surge Fueled by SpaceX Hype, Despite $25.8M Token Transfer Concerns
VELVET experienced a remarkable 1,400% price increase over the past week, driven by its new pre-IPO trading exposure to private tech giants like SpaceX, though
Opinion
US-Iran peace hopes ignite global rally, oil hits two-month low
Global markets experienced a significant uplift on June 12, 2026, as renewed hopes for a US-Iran peace deal emerged, leading to a broad 'risk-on' rally across
Crypto
Bitcoin's 14.3% Drop: $2.97 Billion ETF Outflows and Hawkish Fed Drive Downtrend
Bitcoin has experienced a significant downturn, with its price falling to $63,572.07 as of June 13, 2026, marking a 14.3% decline in 24 hours.
Commodities
Gold's -0.06% dip on June 12, 2026, as rate hike fears outweigh geopolitical calm
Gold experienced a marginal decline of -0.06% on June 12, 2026, settling at $4215.34, as the market prioritized hawkish central bank sentiment and a
All articles · paginated
Latest from the desk
Forex
EURUSD Market Brief
On June 12, 2026, the EURUSD pair saw a slight decline to 1.1567, as the market processed the European Central Bank's (ECB) 25 basis point interest rate hike
Stocks
Amazon's 1.23% drop on $200B AI capex fears, regulatory headwinds
Amazon shares fell 1.23% on June 12, 2026, as investors reacted to the company's estimated $200 billion capital expenditure for AI infrastructure and ongoing
Crypto
VELVET Market Brief
VELVET has recently experienced a significant uptrend, with its price currently at $0.44215531552940524.
Stocks
AMZN Market Brief
Amazon (AMZN) stock declined by 1.2256% on June 12, 2026, primarily due to investor concerns over substantial AI infrastructure capital expenditure and ongoing
Opinion
SpaceX's 20% IPO surge and US-Iran de-escalation drive market rebound
Global markets experienced a significant shift on June 12, 2026, as US stocks rebounded powerfully, fueled by a combination of de-escalating US-Iran tensions