Global TradFi & Macroeconomics

According to Jinrui Futures, silver prices rebounded on June 2 as geopolitical tensions eased. Iran's overnight pause in negotiations and threats to block the Strait of Hormuz had driven crude oil, the U.S. dollar, and Treasury yields higher, weighing on precious metals prices. Today's improvement i

According to BlockBeats, on June 2 premarket, multiple U.S. optical module stocks surged broadly. AAOI (Applied Optoelectronics) jumped 7.39% with stock price approaching $200, while LITE (Lumentum Holdings) gained 8.2% surpassing $980. COHR (Coherent Corp.) rose 5.78% past $383, NOK (Nokia)

SK Hynix plans to double its wafer production capacity within five years, SK Group chairman Chey Tae-won disclosed to media on 6月2日 at Computex Taipei. The capacity expansion responds to sustained AI-driven demand for memory chips. Chey had warned in 3月 that global wafer shortages may persist

Ethereum fell to relative lows against the Invesco QQQ Trust not seen since January 2021, according to a chart shared by analyst Heisenberg on X. The ETHUSD to QQQ ratio dropped toward 2.66, marking fresh lows after reaching above 13 during the 2021 cycle. Separately, analyst TraderJB reported

According to Gate, the exchange's perpetual futures section launched SKHYNIX (SK Hynix), SAMSUNG (Samsung Electronics), and HYUNDAI (Hyundai Motor) perpetual contracts on June 2 at 14:00 UTC+8. The contracts are USDT-settled and support 1-20x

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Commerzbank lowers its year-end 2026 palladium price forecast to $1,600 per ounce from a previous estimate of $1,800.

Commerzbank lowered its year-end 2026 price forecasts for precious metals, cutting silver to $80 per ounce from $90, and platinum to $2,100 per ounce from $2,300.

According to Deutsche Bank, the bank lowered its year-end 2026 gold price forecast to $4,800 per ounce from the previous projection of $5,000 per ounce.

According to ChainCatcher, citing Shanghai Stock Exchange official website, Yushu Technology's IPO application status changed to registration submission on June 2. The robotics company's listing process has advanced to the submission

According to Santiment, Bitcoin fell to a 2-month low on June 2 as the divergence between traditional equities and crypto widened. Santiment noted that "the gap between traditional equities and crypto has become increasingly difficult for traders to

According to Kpler, India's fuel exports fell to 878,000 barrels per day in May, marking the lowest level since October 2022. This represented a 31% decline compared with the same period last year. The drop was driven by domestic supply priorities and maintenance work at refineries that

According to Citigroup strategists, U.S. tech stocks face reversal risk due to excessive bullish positioning, with investors exposed to potential market correction. The bank's team noted that sustained enthusiasm for artificial intelligence themes has pushed bullish bets to extreme levels,

According to the International Energy Agency, the reopening of the Strait of Hormuz could take 6 to 8 months at best under optimal conditions, the agency's head of oil policy stated on June 2.

According to an International Energy Agency (IEA) official, another coordinated emergency oil reserve release is possible, though no such discussion took place today (June 2). The IEA has previously coordinated strategic petroleum reserve releases to address market supply

Citi projects in its 'Tokenization 2030: Wall Street On-Chain' report that tokenized securities could grow from $17 billion currently to $5.5 trillion by 2030, with a range between $2.7 trillion and $8.2 trillion depending on adoption speed. The bank forecasts Treasury bills to represent the

According to Citi's Tokenization 2030: Wall Street On-Chain report, the bank projects tokenized securities could grow to $5.5 trillion globally by 2030 from current valuations around $17 billion. The forecast spans a range of $2.7 trillion to $8.2 trillion depending on adoption speed by

According to BlockBeats, on June 2, Sivers Semiconductors (SIVE) surged over 56% to 95.45 Swedish kronor following the announcement of a strategic partnership with GlobalFoundries (GFS). Under the deal, SIVE's laser arrays will be integrated into GF's silicon photonics platform and SCALE optical

According to Jin10, Thai financial markets will close on June 3 (Wednesday) for a national holiday. Trading will resume on June 4 (Thursday).

On June 2, Bitcoin briefly dropped below $70,000 for the first time since April, according to trading data, triggering $766 million in liquidations. The price decline coincided with Mt. Gox transferring 10,306 BTC worth $731 million to new wallets, sparking concerns about upcoming creditor