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EDITORIAL

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Jun 3, 2026Global

BTC price news: What next as Bitcoin falls below $66,000 - CoinDesk

Bitcoin dropped to a low of $65,708 during Asian morning trading on Wednesday, representing a 6.4% decline over 24 hours, with prices hovering around $67,175. The sell-off is occurring against a backdrop of rising traditional equity markets, highlighting a notable divergence between crypto and stock performance.

Digital AssetsEquitiesFXCommodities

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Jun 3, 2026Global

Stock futures are little changed after S&P 500 closes at another record: Live updates - CNBC

U.S. stock futures were little changed in early Wednesday trading following a strong regular session in which all three major indexes — the S&P 500, Nasdaq 100, and Dow Jones — closed at fresh record highs. The muted futures activity suggests markets are consolidating gains rather than extending the rally in overnight trading. This marks continued bullish momentum in U.S. equities heading into mid-2026.

EquitiesFixed IncomeFXCommodities

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Jun 2, 2026Global

Japan's Nikkei hits record high as Asia markets rise amid Middle East concerns - CNBC

Asia-Pacific markets opened broadly higher on Wednesday, with Japan's Nikkei 225 hitting a record high despite ongoing concerns surrounding Middle East geopolitical tensions. The rally reflects investor optimism that regional risk appetite remains resilient even amid elevated geopolitical uncertainty. The move higher was broad-based across the Asia-Pacific region.

EquitiesFXCommoditiesFixed Income

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Jun 2, 2026Global

7 states sue Trump administration over nearly $1 billion deal to halt offshore wind farm - ABC News - Breaking News, Latest News and Videos

Seven U.S. states have filed a lawsuit against the Trump administration over a nearly $1 billion deal designed to halt offshore wind farm development. The legal action challenges what appears to be a federal agreement or settlement that effectively blocks offshore wind energy projects. This represents a significant escalation in the conflict between state-level clean energy mandates and federal energy policy.

EquitiesFixed IncomeCommodities

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DEEP-DIVE ANALYSIS

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Federal Reserve building with neoclassical columns

Jun 3, 2026Macro Strategy

The Fed Pivot Playbook: Why "Higher for Longer" Is Fracturing in 2026

Renewable energy alone cannot handle AI's requirement for 24/7 uninterrupted power ("firm capacity"). Wind and solar are simply too intermittent. Consequently, natural gas is the inevitable bridddddes

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Shanghai skyline at dusk with financial district

Jun 1, 2026Macro Strategy

China's Credit Impulse: The Hidden Lever Behind Every Global Macro Cycle

China's credit impulse leads global manufacturing PMIs by nine months. Here is what the latest turn higher means for commodities, EM, and global trade.

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May 30, 2026Geopolitical Analysis

Oil at $120: Mapping the Three Geopolitical Scenarios for the Middle East

Three plausible escalation paths in the Middle East would each move crude differently. Here is the framework for sizing the geopolitical risk premium in oil.

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May 28, 2026Macro Strategy

The Dollar Smile Is Cracking: Why the 14-Year DXY Cycle Is Rolling Over

The US dollar has run in extended secular cycles for half a century. Multiple structural signals now suggest the bull cycle that began in 2011 is ending. Here is the multi-asset implication.

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FUNDAMENTAL KNOWLEDGE

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Editorial illustration showing how import tariffs increase production costs, raise consumer prices, and contribute to inflation through the cost pass-through mechanism, featuring a cargo ship, shipping container, shopping basket, and rising price chart.

Fiscal & Geopolitics

How Do Tariffs Affect Inflation? The Transmission Mechanism

Understand how import taxes ripple through corporate supply chains and what trade barriers mean for your money. Read the full explainer.

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Editorial illustration explaining a government budget deficit, featuring a balance scale comparing government spending and government revenue to illustrate how expenditures exceed tax income and create annual fiscal deficits.

Fiscal & Geopolitics

What Is a Budget Deficit? Why It Happens & Market Impacts

Understand how government budget deficits work, how they are funded through bond markets, and what they mean for interest rates. Read the full explainer.

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Editorial illustration explaining the U.S. national debt, featuring the U.S. Capitol, stacks of Treasury securities, and financial charts symbolizing government borrowing and the accumulation of federal debt.

Fiscal & Geopolitics

What Is the National Debt? Why It Impacts Your Money

Understand how accumulated sovereign borrowing shapes global bond yields and impacts your private borrowing costs. Read the full explainer.

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Editorial illustration of the U.S. debt ceiling, showing the U.S. Capitol beneath a heavy suspended weight symbolizing the federal borrowing limit and fiscal constraints.

Fiscal & Geopolitics

What Is the Debt Ceiling? Why It Matters to Markets

Understand how the statutory debt limit functions as a global liquidity bottleneck and how its mechanism hits markets. Read the full explainer.

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MARKET HEATMAP

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MARKET OVERVIEW

Navigate Global Macro with Confidence

Deep analysis, AI-powered insights, and volatility-indexed calendars for sophisticated investors.

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