What? Finance again, Toronto, ON (2026)

06/17/2026

📊 Market News for 17 June 2026:

1. 🗺 Geopolitics is no longer among the leading risks highlighted by portfolio managers when assessing the outlook for the global economy. Inflation risks and the “AI bubble” have once again become the primary concerns, according to BofA’s June survey.

2. 🛢 Citi lowered its forecast for average Brent crude prices in 2026 to $75 and $70 per barrel in the third and fourth quarters respectively, down from $110 and $90.

3. 🛢🇪🇺🇷🇺 The first phase of the EU ban on Russian pipeline gas supplies has come into effect.

4. 🇺🇸 75% of housing in the United States is now unaffordable for the average American, according to Axios.

5. 🇺🇸 Intel: a new manufacturing technology has been launched.

6. 🇺🇸 Uber will launch a robotaxi service in Houston in partnership with Lucid and Nuro.

7. 🇺🇸 Yum Brands announced the sale of Pizza Hut for $2.7 billion.

8. 🇺🇸🇫🇷 French intelligence has terminated its contract with Palantir in favour of French company ChapsVision as part of the country’s drive for technological independence, Prime Minister Sébastien Lecornu said.

9. 🇩🇪 BMW significantly lowered its 2026 profit forecast due to weaker demand in China and the conflict in Iran.

10. 🪙 Grayscale believes the AAVE token is undervalued and forecasts a rise to $179 over the next year.

06/17/2026

🗺 International News for 17 June 2026:

1. 🇺🇸🗺 Most central banks expect the share of the US dollar in global reserves to decline over the next five years, according to a WGC and YouGov survey.

2. 🇺🇸 US Federal Reserve Rate = 3.75% (expected 3.75% / previous 3.75%).

3. Warsh (Federal Reserve Chair – Speech):

- The policy rate was left unchanged at 3.50–3.75%, and the ample reserves framework was reaffirmed.
- Inflation has remained noticeably above the 2% target for more than five years; persistently high prices are a burden on Americans.
- The FOMC is united and unanimous – the Committee will deliver price stability.
- The new statement is shorter and simpler; some previous language and forward guidance have been removed because they are “not suitable for the current situation”.
- I did not submit my own projections in the SEP, consistent with my long-standing views on the SEP in its current form.
- GDP growth is projected at +2.2% this year and +2.3% next year; PCE inflation at 3.6% and 2.3%; unemployment around 4.3%; the policy rate at 3.8% by the end of 2026 and 3.6% by the end of 2027.
- Five independent working groups are being created: 1) Federal Reserve communications, 2) Federal Reserve balance sheet, 3) data sources, 4) productivity and employment (including AI), and 5) the inflation framework.
- Economic activity is growing at a solid pace; productivity and capital investment remain strong.
- The main source of uncertainty is the conflict in the Middle East; higher energy prices are fuelling inflation, but the scale and duration remain unknown.
- I cannot provide any hints regarding future policy moves; many things are being reassessed, and markets will need to become accustomed to less guidance than under Powell.
- Current data are more important than historical data; some economic indicators may merely reflect the past. I am open to new data sources.
- Financial markets are the most important source of information; they respond best to new information and perform less effectively when trying to anticipate how the Federal Reserve will react to old data.
- ❗️The removal of forward guidance is the key change; the Federal Reserve will no longer publish “projections” that were long viewed as signals of future policy actions.
- Quoting his mentor George Shultz, Warsh said: “If you hold a press conference, you should say something important.” He did not commit to holding press conferences after every meeting.
- Warsh: the 2% inflation target will not be reviewed until it has been achieved.
- When asked about discussions with Trump, Warsh replied: “I have nothing to report.” He has already met with Bessent three times, and weekly meetings with the Treasury are very useful. Developments in the Middle East genuinely affect the Federal Reserve’s daily work, even though they are not directly within its remit. Today the Committee discussed productivity and AI.

4. 🇺🇸 The US Congress has reached agreement on the largest housing bill in recent years. The legislation includes a provision prohibiting the Federal Reserve from issuing a digital dollar until 2030.

5. 🇬🇧 UK Consumer Inflation CPI (May):

- m/m = +0.2% (expected +0.4% / previous +0.7%)
- y/y = +2.8% (expected +3.0% / previous +2.8%)
- Core CPI = +2.6% y/y (expected +2.7% / previous +2.5%)

6. 🇫🇷 The Bank of France lowered its 2026 economic growth forecast, noting that a recession may still be avoided.

7. 🇺🇦 G7 leaders agreed to increase deliveries of air defence systems and long-range weapons to Ukraine, according to a joint statement.

8. 🇺🇦 European G7 countries and the United States will grant licences for the production of long-range missiles and air defence systems in Ukraine. The agreement will allow Ukraine to significantly expand weapons production under Western licences, including long-range systems, according to Le Parisien.

9. 🇺🇦🇪🇺 Ukraine’s accession to the European Union by 2030 is realistic, EU officials confirmed following the formal opening of the first negotiation cluster.

10. 🇮🇷 Iran threatened Israel with a strong response to strikes in Lebanon.

11. 🇷🇺 G7 leaders expressed support for stronger sanctions against Russia, according to a joint statement.

06/16/2026

📊 Market News for 16 June 2026:

1. 🛢 The US has lifted the maritime blockade on Iran.

2. 🛢 Major Wall Street banks are lowering their oil price forecasts for the coming quarters as optimism grows over the restoration of Middle Eastern oil production following the temporary agreement to reopen the Strait of Hormuz.

3. 🛢 Shipping activity in the Strait of Hormuz is beginning to increase. Iranian tankers and cargo vessels have started passing through the area of the US maritime blockade, according to Tasnim.

4. 🧠 Qualcomm's CEO says that AI agents will replace apps.

5. 🇺🇸 Yardeni forecasts that the S&P 500 Index will reach 10,000 by 2029.

6. 🇺🇸 BlackRock has laid off another 200 employees. The company has begun "quietly" reducing staff on a systematic basis.

7. 🇺🇸 SpaceX does not intend to publish quarterly or annual financial reports or other major announcements through electronic distribution services. The company will primarily disclose important information to the public via its investor relations page on its X account, according to an SEC filing.

8. 🇺🇸 SpaceX is acquiring Anysphere, an artificial intelligence company and the developer of Cursor. The deal is estimated at $60 billion and will be structured as a merger, with payment made in shares.

9. 🇺🇸 SpaceX has overtaken Microsoft and Amazon to become the world's fourth-largest company by market capitalisation.

10. 🇺🇸 NVIDIA has increased its bond offering from $20 billion to $25 billion to finance artificial intelligence investments.

11. 🇺🇸 Marvell's CEO has filed with the SEC to sell 207,000 shares in the company.

12. 🇺🇸 ExxonMobil plans to drill 35 wells in Guyana's Stabroek block between 2028 and 2033.

13. 🇺🇸 Robinhood will lay off a further 10% of its workforce.

14. 🇺🇦 The ballistic missile interceptor is fully ready, according to FirePoint CEO Shtilerman.

15. 🇺🇦🇪🇺 Ukraine intends to bring its banks and insurers into line with EU regulations by 2028, the central bank governor said.

16. 🇨🇳 Shares of Chinese property companies have fallen to levels seen before the introduction of economic stimulus measures in 2024. This indicates that pessimism surrounding the sector remains, according to Bloomberg.

17. 🇨🇳 Alibaba is moving beyond chatbots and beginning to release artificial intelligence models for robots, according to SCMP.

18. 🇨🇳 DeepSeek raised a record $7 billion in its latest funding round, according to The Information.

19. 🪙 TON has officially been renamed GRAM. Exchanges have begun the transition process, and token balances will be automatically converted.

06/16/2026

🗺 International News for 16 June 2026:

1. 🇺🇸 US Housing Starts (May) = -15.4% m/m (expected -2% / previous -2.8%).

2. 🇺🇸🇷🇺 Trump: We may soon tighten sanctions against Russia.

3. 🇺🇸🇮🇷 The memorandum between the US and Iran is general in nature, and the details of the agreement will be worked out during technical negotiations, Vance said.

4. 🇺🇸🇮🇷 The US-Iran agreement promises to bring the war to an end, but how it will operate remains unclear, according to Reuters.

5. 🇨🇦🇷🇺 Canada has expanded sanctions against Russia.

6. 🇨🇭 Switzerland did not support the initiative to introduce a population cap.

7. 🇬🇧🇷🇺 At the G7 summit, Starmer announced new energy sanctions against Russia.

8. 🇪🇺 The European Union has begun developing a mechanism to limit the veto rights of new EU members, according to Politico.

9. 🇪🇺🇺🇸 EU lawmakers approved a trade agreement with the US ahead of Trump's deadline.

10. 🇪🇺🇲🇩 The European Union has officially launched accession negotiations with Moldova.

11. 🇺🇦 Ukraine is already ready to end the war today, Zelenskyy said.

12. 🇺🇦 Germany's Foreign Minister stated that negotiations to end the war could begin this summer.

13. 🇺🇦🇬🇧 The UK will supply Ukraine with enriched uranium for nuclear power plants worth $280 million, Prime Minister Starmer announced.

14. 🇺🇦🇺🇸🇷🇺 Trump spoke with Zelenskyy and urged Russia to reach an agreement with Ukraine.

15. 🇯🇵 Japan - Central Bank Rate = 1% (expected 1% / previous 0.75%).

16. 🇨🇳 China - Industrial Production (May):

- y/y = +4.5% (expected +4.4% / previous +4.1%)
- YTD y/y = +5.4% (previous +5.6%)

13. 🇦🇺 Australia - Central Bank Rate = 4.35% (expected 4.35% / previous 4.35%).

14. 🇷🇺 The number of drone attacks on Russia's energy infrastructure has risen sharply in recent months, resulting in the full or partial shutdown of oil processing at several refineries and a significant decline in the production of petrol, diesel fuel and aviation kerosene in Russia, creating the conditions for fuel shortages in the country, according to Reuters.

06/15/2026

📊 Market news for 15 June 2026:

1. 🗺️ Commodity supercycles tend to last around 14–22 years on average. The current bullish macro trend is still relatively young at six years, according to BofA.

2. 🛢 Trump: Ships are beginning to leave the Strait of Hormuz, and many of them are loaded with oil...

3. 🛢 The reopening of the Strait of Hormuz would confirm the viability of the agreement between the United States and Iran, - WSJ.

4. 🇺🇸 Goldman forecasts that by the end of 2026, technology giants could be spending nearly 100% of their cash flow on artificial intelligence.

5. 🇺🇸 Nvidia plans to raise at least $20bn through a bond offering.

6. 🇺🇸 Tesla provided misleading safety data regarding its FSD autopilot system to European regulators, - RTRS.

7. 🇺🇸 Salesforce is acquiring artificial intelligence developer Fin for $3.6bn.

8. 🇺🇸 FOX is acquiring Roku in a cash-and-stock deal valued at $160 per share.

9. 🇺🇸 Strategy purchased 1,587 BTC worth $105m, bringing the company's total holdings to 846,842 BTC.

10. 🇺🇸🇪🇺🇨🇦 Following the restriction of Anthropic's latest models for foreign users, Europe and Canada have decided to accelerate the development of their own AI models in order to reduce dependence on external providers.

06/15/2026

🗺️ International news for 15 June 2026:

1. 🇺🇸 Output in the US manufacturing sector failed to grow for the first time this year, - BBG.

2. 🇺🇸🇫🇷 Trump has threatened France with 100% tariffs on wine over its tax on technology companies, - NYP.

3. 🇺🇸🇮🇷 Prime Minister of Pakistan: Following intensive negotiations, we are pleased to announce that a peace agreement between the United States and Iran has been reached.

4. 🇺🇸🇮🇷 The United States and Iran have announced an imminent end to the war. Details remain undisclosed, and many questions remain unanswered, - The Guardian.

5. 🇺🇸🇮🇷 Iran's nuclear fuel will be placed under the supervision of the United States or international organisations, - Hegseth.

6. 🇨🇭 Switzerland – Producer Price Inflation PPI (May):

- m/m = -0.4% (previous +0.8%)
- y/y = -1.8% (previous -2.0%)

7. 🇪🇺🇮🇷 The United Kingdom, Germany, Italy and France could lift sanctions on Iran if it pursues a transparent nuclear policy, according to a joint statement.

8. 🇪🇺🇷🇺 The EU has imposed additional sanctions against Russia.

9. 🇪🇺🇷🇺 NATO would strike Kaliningrad, the Kola Peninsula, Saint Petersburg and the Black Sea area in the event of a conflict with Russia, German Air Force commander Holger Neumann said in an interview with The Telegraph.

10. 🇫🇷🇺🇸 Macron stated that he would not abandon the tax on American technology companies despite Trump's threats.

11. 🇺🇦🇪🇺 The EU has officially launched accession negotiations with Ukraine.

12. 🇺🇦🇪🇺 Von der Leyen: At the G7 summit, the European Union will propose allocating an additional €45bn to Ukraine.

13. 🇺🇦🇲🇩🇪🇺 All EU member states have agreed to open the first negotiation cluster for Ukraine and Moldova, according to the European Commission.

14. 🇺🇦🇷🇺 Ukrainian President Zelenskyy has invited Putin to meet at the G7 summit, - RTRS.

15. 🇯🇵🇬🇱 Japan will explore the possibility of mining rare earth metals in Greenland in an effort to reduce dependence on China.

16. 🇮🇳🇫🇷 India and France have signed a strategic partnership agreement.

17. 🇮🇷 Iran's Foreign Ministry stated that an announcement will soon be made regarding a ceasefire, the lifting of the US naval blockade, and the start of negotiations on a final agreement, with sanctions relief being the main topic.

06/14/2026

🗺️ International news for 13–14 June 2026:

1. 🗺️ The World Bank has downgraded its forecast for global economic growth in 2026.

2. 🗺️ The coming week will be packed with interest rate decisions from major central banks. Many policymakers are expected to remain cautious, as the impact of the Middle East conflict on inflation has not yet been fully assessed, - BBG.

3. 🗺️ A meeting of G7 leaders will take place in France from 15 to 17 June.

4. 🇺🇸 Hedge funds, asset managers and speculators have increased their long positions in the US dollar to the highest level since February 2025, according to CFTC data.

5. 🇺🇸 Elon Musk's wealth now amounts to around 3% of US GDP, surpassing the record previously held by John Rockefeller, whose fortune once represented 2% of GDP.

6. 🇺🇸 On his anniversary, Trump pledged to "discombobulate" America's adversaries using a "new weapon".

7. 🇺🇸🇨🇦 Separatist movements in the US and Canada are gaining momentum. Activists in the states of Washington and Oregon, as well as in the Canadian province of Alberta, are preparing referendums on leaving their federations or changing borders. They cite economic inequality and the belief that central authorities are ignoring their interests, - NYT.

8. 🇺🇸🇮🇷 Iran and the United States will hold direct talks in Switzerland this week, according to BFMTV.

9. 🇬🇧🇷🇺 UK Prime Minister Starmer stated that Britain intercepted a Russian "shadow fleet" oil tanker in the English Channel for the first time on Sunday night.

10. 🇫🇷🇺🇸 Macron will host Trump for dinner at the Palace of Versailles on Wednesday, according to Macron's press office.

11. 🇺🇦🇪🇺 Hungarian Prime Minister Magyar announced Hungary's agreement to begin negotiations on Ukraine's accession to the European Union.

12. 🇪🇺🇺🇦🇲🇩 On 15 June, the EU will officially launch substantive accession negotiations with Ukraine and Moldova, according to Ursula von der Leyen.

13. 🇹🇼 The Taiwanese government has launched a website through which Chinese citizens can provide intelligence information about China and its government.

📊 Market news for 13–14 June 2026:

1. 🛢 Iran, following a series of comments by Trump, once again declared that it has full control over the Strait of Hormuz.

2. 🛢🇮🇷 Iran's Foreign Ministry stated that Iran will charge fees for services provided in the Strait of Hormuz.

3. 🛢🇮🇷 Fox News: Iran has agreed not to impose transit charges through the Strait of Hormuz following the signing of a memorandum with the United States.

4. 🇺🇸🪙 The CLARITY Act, the proposed US crypto market structure legislation, is expected to be passed by 4 July (US Independence Day), according to White House crypto adviser Patrick Witt.

5. 🇺🇸 MSCI has added SpaceX shares to its standard and large-cap indices.

6. 🇺🇸 Anthropic stated that the US government has restricted foreign nationals' access to its most advanced models, Fable 5 and Mythos 5, due to national security concerns.

7. 🇺🇸 OpenAI is under investigation by a coalition of US state attorneys general, who have requested information from the company on a broad range of issues.

8. 🇺🇸 The US Department of Justice has approved Paramount's $110bn acquisition of Warner Bros.

9. 🇺🇸 Coinbase has launched 24/7 trading of perpetual gold and silver futures in the United States.

10. 🇺🇸 Roku is considering the sale of its business.

11. 🪙 Ethereum could begin preparing accounts for the post-quantum era as early as today without the need for a hard fork. The proposed solution would cost approximately $0.07 per account, according to the head of Kohaku, a project focused on Ethereum privacy.

12. 🪙 From 15 June, TON will be displayed as Gram with a new name and logo.

06/12/2026

📊 Market news for 12 June 2026:

1. 🛢🇬🇧🇻🇪 British company Shell and a US company in Venezuela have signed five agreements to develop natural gas fields.

2. 🛢🇺🇸🇮🇳 The US has become India's leading LNG supplier amid the blockade of the Strait of Hormuz, - CNBC.

3. 🇺🇸 US equity markets recorded their first weekly outflow in three weeks, - LSEG.

4. 🇺🇸 Retail investors are selling technology shares to free up capital to participate in the high-profile SpaceX IPO, - BBG.

5. 🇺🇸 SpaceX completed the largest IPO in history, debuting with a market capitalisation exceeding $1.7tn. As a result, Elon Musk became the first dollar trillionaire in history, with his net worth surpassing $1.1tn following the IPO.

6. 🇺🇸 Retail investors rushed to participate in the SpaceX IPO, although some consider the company's valuation to be "stupid", - CNBC.

7. 🇺🇸 SpaceX shares opened at $150.

8. 🇺🇸 Alphabet, Amazon, Meta, Microsoft and Oracle have issued a record $159bn in corporate bonds this year to finance artificial intelligence development, according to Dealogic.

9. 🇺🇸 Xbox is planning large-scale job cuts, - BBG.

10. 🇺🇸 CME Group will expand WTI crude oil and gold trading to a "24/7" format.

11. 🇺🇸 BlackRock has filed to launch a new spot BTC ETF with an additional yield component – the iShares Bitcoin Premium Income ETF.

12. 🇺🇸 Michael Saylor: I never said that Strategy would never sell its BTC.

13. 🇺🇸🇨🇳 Nvidia informed Chinese customers that its new Vera processors for AI data centres could become available as early as August and that orders can already be placed, - RTRS.

14. 🇪🇺 Citi forecasts the STOXX Europe 600 Index will rise to 700 points by the end of the year, from its current level of 630.

15. 🇩🇪 Volkswagen will cut 19,000 jobs in Germany by the end of this year.

16. 🇩🇪 Infineon will open a semiconductor manufacturing plant in Germany as part of the EU's sovereignty initiative.

06/12/2026

🗺️ International news for 12 June 2026:

1. ☀️ The recently formed El Niño is likely to become one of the strongest on record, according to US experts, increasing the likelihood of devastating droughts and floods, - BBG.

2. 🇺🇸 USA – 1-year consumer inflation expectations (June – Prel) = +4.6% (previous +4.8%).

3. 🇺🇸 USA – 5-year consumer inflation expectations (June – Prel) = +3.4% (previous +3.9%).

4. 🇺🇸🇮🇷 The US is awaiting Iran's approval and is ready to sign an agreement, - NBC News.

5. 🇬🇧 United Kingdom – GDP (April):

- m/m = -0.1% (expected -0.1% / previous +0.3%)
- y/y = +1.2% (expected +1.3% / previous +1.2%)

6. 🇩🇪 Germany – Consumer Price Inflation CPI (May):

- m/m = -0.2% (expected -0.2% / previous +0.6%)
- y/y = +2.6% (expected +2.6% / previous +2.9%)

7. 🇺🇦 A swift end to the war should not be expected, - Prytula.

8. 🇺🇦 Ukraine will ask its partners for an additional $20bn to "burn through" Russia's resources, - Politico.

06/11/2026

📊 Market news for 10 June 2026:

1. 🛢 Iran announced the complete closure of the Strait of Hormuz following the US strikes.

2. 🛢🇺🇸 The United States has become the world's largest oil exporter.

3. 🌱 The conflict in the Middle East will lead to a significant increase in fertiliser prices, - World Bank.

4. 🇺🇸 Ahead of its stock market debut, Oppenheimer assigned SpaceX an "Outperform" rating and set a price target of $190.

5. 🇺🇸 OpenAI is considering cutting prices for its models as part of its competition with Anthropic for users, - CNBC.

6. 🇺🇸 Meta lost access to data on Manus Island following the cancellation of an acquisition agreement involving a Chinese company.

7. 🇺🇸 Oracle reported results above market expectations but increased its spending on AI.

8. 🇺🇸 Visa entered into a partnership agreement with OpenAI to develop AI-driven payments.

9. 🇺🇸🇰🇷 Google will begin purchasing Samsung AI chips amid supply shortages, - The Information.

10. 🪙🇺🇸 Delaware and New Jersey have joined the list of US states seeking to impose a complete ban on cryptocurrency ATMs.

What? Finance again

06/17/2026

06/17/2026

06/16/2026

06/16/2026

06/15/2026

06/15/2026

06/14/2026

06/12/2026

06/12/2026

06/11/2026

Address

Website

Alerts

Shortcuts

Share

Category