👀 Today’s Key Stories at a Glance
🇮🇱 Israel Bombs Hamas Leaders in Qatar, Trump Disavows Strike
Israel's surprise airstrike in Doha shattered ceasefire talks and rattled markets—Trump called it "counterproductive."🧭 Judge Blocks Trump from Firing Fed Governor Lisa Cook
Court rules Cook’s dismissal lacked due process, preserving Fed board stability ahead of next rate decision.💥 Crypto Treasury Stocks Crash 75% Despite Strong Bitcoin
Bitcoin-holding firms collapse under regulatory, valuation, and dilution pressures—market now favors simpler ETF exposure.🛰️ Poland Shoots Down Russian Drones, NATO Alert Level Rises
Poland intercepts Russian drones, marking NATO’s first direct military engagement in the Ukraine conflict since 2022.🌍 Trump Urges EU to Impose 100% Tariffs on China, India
Trump demands extreme trade penalties to sever Russian oil sales—markets brace for global supply chain fallout.📉 Today’s PPI Report May Tip Fed Toward 50bps Cut or Hold at 25bps
Markets await key inflation signal—soft PPI could greenlight aggressive easing, while a hot print slams that door.
🧠 One Big Thing
Today’s PPI release could swing the Fed’s next rate move—soft data fuels hopes for a 50bps cut.
💰 Money Move of the Day
Watch Treasury yields and Fed fund futures after PPI; soft inflation data often sparks rallies in bonds and growth stocks.
📊 Market Snapshot
Cryptocurrencies:
Bitcoin (BTC): $112,266 (▲ +0.64%)
Ethereum (ETH): $4,320 (▲ +0.22%)
XRP: $2.96 (▲ +0.56%)
Equity Indices (Futures):
S&P 500 (SPX): 6,528 (▲ +0.09%)
NASDAQ 100: 23,908 (▲ +0.14%)
FTSE 100: 9,271 (▲ +0.16%)
Commodities & Bonds:
10-Year US Treasury Yield: 4.093% (▲ +0.17%)
Oil (WTI): $63.40 (▲ +0.49%)
Gold: $3,654 (▲ +0.84%)
🕒 Data as of UK (BST): 11:16 / US (EST): 06:16 / Asia (Tokyo): 19:16