Eightcap

Intel surges 10.6% on massive Apple chip deal! The news powered a 1.91% Nasdaq rally, lifting Micron (+8.5%) and SMCI (+10.3%) along with it.🚀

Oil drops and Gold retreats to $4,208 after a US-Iran interim peace agreement dramatically eased geopolitical tensions.

Crypto faces pressure as a stronger DXY (100.8) and hawkish Fed vibes drag Bitcoin down to test key support near $62.7k.📉

💬 With tech roaring back but crypto testing support, where are you putting your money today?

🚀 A historic session for global markets.

SpaceX briefly reached a $2.94T valuation to leapfrog Amazon, driven by reports of a $60B Cursor acquisition. Simultaneously, the Dow breached the 52,000 milestone for the first time, though a broader semiconductor sell-off kept tech indices subdued.

With oil sliding below $76 and the Bank of Japan raising rates to 1%, macroeconomic crosscurrents continue to shape a complex investing landscape.📉

🚀 US & global stocks surged as an AI-led rally sent the S&P 500 to historic highs, while a surprise US-Iran ceasefire deal sent oil plunging over 4%.

Meanwhile, SpaceX continues its historic post-IPO rocket ride, and Bitcoin hit a two-week high.

What a week!

🚨 MARKET WRAP: Geopolitical Relief & Mega IPOs 📉🚀

The unwinding of US-Iran tensions has sent Brent crude sliding to $85, while equities rally and SpaceX histrionically clears a $2T market cap in just two days. All eyes now pivot to central banks, with the RBA expected to hold at 4.35% and the BoJ tipped for a 25bps hike. The real market driver today won't just be the data, but the forward guidance from Bullock and the tone out of Tokyo.

Where do you think the Yen heads next if the BoJ sounds dovish today? Let me know your plays below! 👇