Trump’s posts crush hopes of an Israel-Iran ceasefire

Hopes of a fast ceasefire between Israel and Iran had been dashed by a number of social media posts from U.S. President Donald Trump. As he took an early departure from the Group of Seven summit, Trump stated it “definitely has nothing to do with a Stop Fireplace” and that he was concerned in one thing “a lot greater than that.”

What’s greater than a ceasefire? An escalation in battle on the prospect of the U.S. becoming a member of the hostilities within the Center East. Trump, on his social media platform Fact Social, threatened Iran’s chief Ayatollah Ali Khamenei that he’s an “simple goal” and needs him to “give up.”

Trump’s posts on Fact Social introduced U.S. shares decrease and precipitated oil costs, which had been on the retreat Monday, to shoot up greater than 4% throughout Tuesday’s buying and selling session. A weaker-than-expected U.S. retail gross sales report in May additionally added to the heavy sentiment in markets.

The U.S. Federal Reserve’s rate-setting assembly will conclude Wednesday. Whereas central bankers are anticipated to go away rates of interest unchanged, the committee will launch up to date projections of the place they see charges going. Chair Jerome Powell may also reply questions from the media at this press convention. All of these are market-moving occasions — so it is a reduction, at the least, they arrive from official communiques.

Trump weighs strike on Iran
A U.S. army strike in opposition to Iran is likely one of the choices Trump is contemplating, after assembly along with his high nationwide safety advisors on Tuesday afternoon, present and former administration officers informed NBC Information. Earlier within the day, Trump wrote on Fact Social that the U.S. is aware of “precisely” the place the Iran’s chief, Ayatollah Ali Khamenei, is “hiding,” and demanded “UNCONDITIONAL SURRENDER!”

Markets concern escalation of battle
U.S. shares retreated Tuesday as Trump’s rhetoric on Iran ramped up. The S&P 500 fell 0.84%, the Dow Jones Industrial Common shed 0.7% and the Nasdaq Composite was down 0.91%. The pan-European Stoxx 600 index misplaced 0.85% as regional bourses slipped. Israel’s Tel Aviv 35 index, nonetheless, touched an all-time excessive in the course of the day, although it pared some good points.

U.S. passes landmark crypto invoice
The U.S. Senate on Tuesday handed the GENIUS Act, a landmark crypto invoice that establishes federal guardrails, together with full reserve backing, month-to-month audits, and anti-money laundering compliance, for U.S. dollar-pegged stablecoins. It additionally opens the door to a spread of issuers, together with banks, fintechs, and main retailers seeking to launch their very own stablecoins or combine them into current cost techniques.

Oil provide chains may get strained
The CEOs of TotalEnergies, Shell, and EnQuest informed CNBC on Tuesday that additional assaults on vital vitality infrastructure in Iran may have critical penalties for the worldwide provide and costs of oil. Some shipowners are already steering away from the strategically vital Strait of Hormuz, in line with the world’s largest transport affiliation, reflecting a rising sense of unease because the Israel-Iran battle rages on.

Income-less Regencell price billions
Shares of Regencell, an early-stage, Hong Kong-based bioscience firm with no income, spiked 30% Tuesday, rocketed 280% Monday, and have risen greater than 58,000% in 2025 to hit $36 billion in market worth. Regencell — which develops conventional Chinese language drugs method — is the newest instance of a speculative worldwide inventory attracting consideration throughout summer season buying and selling.

[PRO] International shares will reign: Buyers
The period of U.S. exceptionalism could be coming to an finish. Not solely have international shares vastly outperformed these in America yr so far, buyers additionally suppose they would be the best-performing asset class over the following 5 years, in line with the outcomes of Financial institution of America’s newest fund supervisor survey.

The Fed is more likely to maintain charges the identical however give a forecast that strikes markets. What to anticipate

Whereas any fast motion on rates of interest appears unbelievable, the Federal Reserve’s coverage assembly, which concludes Wednesday, will characteristic vital alerts that also may transfer markets.

Among the many greatest issues to look at will probably be whether or not Federal Open Market Committee members keep on with their earlier forecast of two fee cuts this yr, how they see inflation trending, and any response from Chair Jerome Powell to what has grow to be a concerted White Home marketing campaign for simpler financial coverage.

As issues stand heading into the assembly, markets are pricing within the subsequent reduce to come back in September, which might be the one-year anniversary of a surprisingly aggressive half-percentage-point discount the FOMC instituted amid considerations over the labor market. The committee added two extra quarter-point strikes by the tip of the yr and has been on maintain since.