[GVI Forex 2]

Newsquawk US Market Wrap: Tech weighs on indices with Treasuries bid on oil selloff and risk-off

SNAPSHOT: Equities mixed, Treasuries up, Crude down, Dollar up, Gold down

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Market Update: US500 and NAS100

Hope for the bulls…

Late day rally after US500 found support below 7350 and NAS100 below 29000 gives hope to the bull side  as long as the lows hold.

US500                                                                  NA100

[Mtl JP]

oh ya ?
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules

– Big banks passed: All 32 banks in the Fed’s annual stress test remained above minimum capital requirements despite a hypothetical recession generating more than $708 billion in losses.
– The Fed’s stress test scenario included a 10% unemployment rate, a 39% drop in commercial real estate prices and a 30% decline in home prices.
– The industry’s key capital measure, the common equity tier 1 ratio, fell just 1.6 percentage points during the scenario.
– The Fed said in February that it would leave the stress test buffers untouched until 2027.

“Today’s results underscore the strength of the banking system,” Federal Reserve Vice Chair for Supervision Michelle Bowman said in a release.

[GVI Forex 2]

Market Update: XAUUSD vs BTCUSD (WEEKLY)

Someone needs liquidity with both melting down (US stocks selling off as well)..

XAUUSD needs to hold 3885 or face a black hole. To state the obvious, back above 4999 is needed to slow the risk.

BTCUSD: Needs to hold 59000 (tested, double bottom) or face a black hole. To state the obvious here as well, 60K+ is needed to slow the risk.

XAUUSD                                                     BTCUSD

[Adam Global]

Us100Cash attempting to bounce 📈 up as the ascending trendline still supporting

[Adam Global]

GOLD 💛 📉 finally below 4000.00 💷🤑💷

Now 3955.00 is the new target 🎯

[GVI Forex 2]

EURUSD MONTHLY

Before getting excited about EURUSD trading at a 1 year low (below 1.1390), the range over this period has been around a measly 700 pips.(7 big figures)

More important is the former 2025 breakout level (1.1275) , the still distant 2025 low AT 1.0177 and the monthly trendline.

For short-term traders, 1.1350 is pivotal while within 1.13-1.14.

 

[Mtl JP]

USDJPY 161.77
–
ueda is healed apparently; came out overnite squawking hawkishly again
but looks like action will have to speak louder than yak as players keep pushing the pair up maybe to see what / who is around 162

[Mtl JP]

EurDlr 1.1345
–
it seems current puppy is plumbing low(er) on prospects of relative yield and pricing warsh’s hawk vs ECB’s wishi-washi ness.

looks like players will be contending with 1.13 – 1.14 range for a while

[Mtl JP]

GVI 12:41 good Qtn
as DLRX flying around 101.726 and likely towards 102

maybe over-pricing kevin’s hawk ?

[GVI Forex 2]

Market Update

Markets paying some attention to drop in US yields (US 2 year 4.148%, 10 year 4.408%… US500 back above 7400, EURUSD off its kiw but still below 1.1350, oil remaiuns under pressure

EURUSD                                    US500                                               XTIUSD

[Adam Global]

ßitcoin 📉 next stop to $60K seems to be inevitable

[GVI Forex 2]

Divergence or disconnext?

USD extending highs while US bond yields dip

[GVI Forex 2]

Market Update: US500 and NAS100

SImilar patterns (consolidating) with onus on the bull side to breaK resistance (see chart – blue lines) or risk stays on the downside (or more consolidation)

US500                                                      NAS100

 

[Adam Global]

GBPUSD 📉 broke below 1.3200 Holding above 1.3150

[Adam Global]

EURUSD 📉 dropping below 1year low as the dollar 💵 💲 gains ground

1.1300 is now the Tp 🎯

[Adam Global]

WTI Oil 🛢 has been in a descending route since early Monday, reaching the lowest level since March 5 at 73.70 due to Us-Iran agreement maintaining the opportunity for a further slide.

[Adam Global]

The US500 index (cash) is consolidating around 7,380 today, after undergoing a 2% drop yesterday that rapidly drove the index below its key SMAs.

[Adam Global]

GOLD 💛 dropping 📉 towards 4000.00

My TP was on 4055.00 🤑💷

Now we’re selling 📉 & aiming for 4000.00

[GVI Forex 2]

US PRE-MARKET MOVERS: Mag-7, HTZ, CBRS, FDX, GOOG, GME, TTWO, MU, Samsung Electronics
ES +0.2% NQ +0.5% RTY +0.2%

Mag 7: AAPL +0.8% NVDA +0.7% TSLA +0.6% GOOGL +0.5% META +0.1% AMZN -0.1% MSFT -0.6%
HTZ -20.5%: Files for offering of up to $100mln shares of common stock & disappointing guidance
CBRS -13.5%: Sees decline in GMs, overshadowing strong rev. growth
FDX -7.5%: Weaker-than-exp. profit guidance overshadowed stronger Q4 results & mgmts. positive comments on transformation efforts
GOOG +0.3%: To replace $VZ in the DJIA, effective BMO on June 29th
GME +0.8%: CEO Cohen will forgo potential $35bln performance pay package to focus on his bid to acquire EBAY
TTWO +3%: Pre-order of GTA 6 begins on June 25th
MU +3.5%: Ahead of earnings after-hours
Samsung Electronics plans a $58.61bln share buyback linked to employee stock bonuses
<p style=”text-align: center;”>Source: Try Newsquawk free for 7 days</p>

[GVI Forex 2]

SP500 7800?

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Bubble or blasphemy?

An 8% plunge in the high-flying U.S. chip stock index on Tuesday marked a jarring injection of volatility into mid-year trading. Memory chipmaker Micron Technology fell around 13%, reversing all its gains from the day before, ahead of its earnings update today.

For an index that had doubled so far this year, maybe it just ran out of steam, but the 10% retreat in South Korea’s chip-heavy and volatile KOSPI earlier in the day won’t have helped either.

Softbank CEO Masayoshi Son thinks it’s “blasphemy” to think of AI as a bubble, though after this week’s latest wobble, others may not be as confident…. full report on Reuters U.S. Morning Bid

[GVI Forex 2]

Looking ahead: Month end rebalancing

BofA says pension fund quarter-end rebalancing for June is expected to drive material outflows from equities into fixed income

Pension fund quarter-end rebalancing for June is expected to drive material outflowspite a marginal month-to-date tilt favouring equities, BofA says … See full update 

by trying Newsquawk free for 7 days

 

[GVI Forex 2]

Newsquawk Daily US Opening News – 24th June 2026

• Pakistan’s Foreign Ministry said it is conducting communications between the US and Iran to effectively implement the MoU and that technical talks will continue next week, potentially on Monday or Tuesday.
• US equity futures hold steady ahead of Micron earnings after-hours, with focus on guidance.
• DXY continues to gain, reaching new levels not seen since May 2025; Antipodeans underperform, with AUD softer amid cooler-than-expected inflation.
• Fixed income benchmarks firmer as it returns as a haven instrument.
• Crude continues to extend lower; spot gold slips below USD 4100/oz and nears a new YTD low.
• Looking ahead, highlights include BoC Minutes (Jun), Fed Bank Stress Test Report, Speakers including BoE’s Breeden & Dhingra, BoC’s Rogers, ECB’s Cipollone, Supply from the US, Earnings from Micron.

 

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR

Last line of support ahead of the 4023 low (and 4000) at 4052 tested (low 4050). I always pay attention when a “50” level trades so watch 4050 as it could become pivotal.

On the 4 hour, back above 4145 would be needed to break momentum and cool the risk.

[GVI Forex 2]

Forex Market Snapshot

Thge dollar has extended its highs overnight with AUD and NZD again underperforming.

EURUSD 1.1350 is now the pivotal level as firmly bel;ow would put 1.12 on the radar while above would slow the risk.

USDJPY is maintaining a bid above 161 but risk of BoJ intervention continues to see caution with 162 looming above.

[GVI Forex 2]

Market Update

First thing I do when I start the day is scan the news and then look to see if any markets are correlating.

Regarding the latter there are few clues: USD is up, US stocks are steady, oil is down , gold is down,and bond yields are still elevated but off slightly.

EURUSD                          US500                                        XTIUSD

]

[GVI Forex 2]

Newsquawk Daily Asia-Pac Opening News – 24th June 2026 (continued)

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk Daily Asia-Pac Opening News – 24th June 2026

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

COMING UP: Holiday: Canada Provincial Holiday (Quebec).

Data: Australian Inflation (May), German Ifo (Jun). Events: Riksbank Minutes (Jun), BoJ SOO (Jun), BoC Minutes (Jun); Fed Bank Stress Test Report.

Speakers: RBA’s Hauser; BoE’s Breeden, Dhingra; BoC’s Rogers; ECB’s Cipollone.

Supply: UK, Italy, Germany, US. Earnings: Micron.(Newsquawk)

[Author]

Posts