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Trump: Iran has spent too much time negotiating and will have to pay the price

2 hours ago

On June 10, former President Donald Trump took to Truth Social to claim Iran’s military has been "completely decimated." He asserted most of Iran’s military branches—including its navy and air force—no longer exist and are totally defeated. Trump also alleged Iran only talks and fails to take real action, accusing the country of wasting time negotiating a deal that should have been favorable to it, warning Tehran will now have to pay the price.
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The US CPI Annual Rate Continues to Rise, Returning to the "4% Level"

June 10: China’s non-seasonally adjusted May Consumer Price Index (CPI) climbed 4.2% year-over-year, meeting market expectations and hitting its highest level since April 2023. The consensus forecast stood at 4.20%, compared to the prior reading of 3.80%. — FXStreet

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After the CPI was released, the US stock index futures narrowed their losses, and spot gold saw a short-term increase.

On June 10, Bitget market data indicates U.S. stock index futures trimmed losses shortly after the CPI announcement. Nasdaq futures are now trading down roughly 0.9%, a narrowing from their earlier drop of more than 1.5%. In spot markets, gold prices surged approximately $20 in the short term, currently changing hands at $4,166.85 per troy ounce.

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After the CPI was released, the market reduced its bets on the Fed rate hike.

June 10: After the release of the Consumer Price Index (CPI) data, short-term interest rate futures signal the market has dialed back its expectations for Federal Reserve interest rate hikes. Per the CME FedWatch Tool, the probability of the Fed keeping interest rates unchanged at this month’s FOMC meeting is 98.2%. As for the end of the year, the likelihood of a Fed rate hike has fallen to 68.5%.

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ProShares to Launch Double Long ETF on SpaceX Listing Day, Surging Demand for Leveraged Trading on Hot IPOs

On June 10, ProShares — the world’s largest issuer of leveraged and inverse ETFs — announced plans to simultaneously launch its SpaceX Double Long ETF (ticker: SPCF) on SpaceX’s debut trading day, June 12. While rolling out a 2x long ETF on an IPO’s launch day isn’t standard, this strategy has grown increasingly popular in recent years, especially for high-profile IPOs in the tech and growth stock sectors. These high-profile debuts see significant price volatility, fueling rising demand for leveraged ETFs among retail investors and short-term traders.

4 minutes ago

The US-Iran Negotiation is Still Ongoing, with Trump Continuing to Pressure Iran

According to Fox News, a senior White House official disclosed on June 10 that negotiations with Iran remain ongoing, with President Trump committed to sustaining maximum pressure to strike a deal.

4 minutes ago

A Whale is Bullish on US Stocks, with a Position Worth Over $40 Million

June 10 – On-chain analyst Ai (@ai_9684xtpa) reports that wallet address 0x8af currently holds the largest Hyperliquid XYZ100 (Nasdaq 100) position and the second-largest S&P 500 position on the platform. The total value of this address’s positions hits $41.21 million, with an unrealized gain of $4.018 million. Earlier today, the address locked in partial profits by closing out a portion of its XYZ100 position, realizing a gain of $0.374 million. No additional trading activity has been recorded for this address as of press time.

4 minutes ago