🌅 NordFX Morning Update | June 2, 2026
🌏 Asian Markets Asia-Pacific markets are trading lower Tuesday amid renewed uncertainty over Middle East peace negotiations. Japan's Nikkei 225 fell 1.32%, South Korea's Kospi dropped 1.92%, and Australia's ASX 200 lost 0.71%. Hong Kong's Hang Seng bucked the trend, edging up 0.13%, supported by technology stocks and BYD following its first monthly sales increase in eight months. Mainland China's CSI 300 gained 0.10%.
🇺🇸 Wall Street (Monday Close) All three major US indices closed at record highs. The S&P 500 rose 0.26% to 7,600, the Nasdaq gained 0.42% to 27,087, and the Dow Jones added 0.09% to 51,079. Technology stocks led gains, with Nvidia surging over 6% following the launch of a new PC processor.
🛢️ Oil Energy markets remain elevated on supply disruption concerns tied to the Strait of Hormuz. WTI crude is trading near $92/barrel and Brent near $95/barrel. Ongoing diplomatic uncertainty in the Middle East continues to keep oil prices volatile.
🥇 Gold Gold is trading around $4,542/oz, facing pressure as elevated energy prices fuel inflation concerns and rate-hike expectations among major central banks.
💱 Forex EUR/USD edged up to 1.1637. Markets are pricing in over 90% probability of an ECB rate increase at the June 11 meeting, following accelerating inflation data across France, Italy, and Spain in May.
₿ Bitcoin Bitcoin is trading near $73,500, under mild pressure. Spot Bitcoin ETFs have recorded 10 consecutive days of net outflows — an unprecedented streak — with geopolitical uncertainty weighing on risk sentiment across crypto markets.
🔑 Watch Today JOLTS Job Openings and Bank of England Governor Bailey's speech are the key scheduled events. Middle East developments, oil price direction, and ECB rate expectations remain the primary macro drivers.
⚠️ Trading involves significant risk. This is not investment advice.
NORDFX Global
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