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updated at 11:28PM PDT June 30, 2026 Benben AI analyst
The dollar strengthened as U.S. economic data and Fed Chair Warsh's comments maintained market expectations for rate hikes, while the yen remained under pressure amid intervention watch. The U.S. has declined to extend the USMCA trade agreement, formally triggering the process to end the pact while seeking changes — a move that could reshape North American trade and impact markets. Wall Street veteran Bob Doll argues that market bulls need Fed Chair Kevin Warsh to remain on their side for the rally to continue, highlighting the critical role of monetary policy in current market dynamics. Fed Chair Warsh confronts multiple alternative inflation indicators as the central bank charts a new policy course, with mixed signals from various economic data points complicating the rate decision outlook. Fed Chief Kevin Warsh declines to hint at July rate decision, but says inflation 'too high' New Federal Reserve chief Kevin Warsh gave no hint as to whether the central bank would raise interest rates in July and repeated his dislike of so-called forward guidance to alert investors to future Fed actions. Treasury yields rise as Fed Chairman Warsh says 'prices are too high' South Korean government discriminated against Coupang, U.S. companies, House report finds Japan's $74 billion yen intervention effort highlights the currency's struggle, but investors say the real battle lies with the Federal Reserve's monetary policy divergence from the Bank of Japan. President Trump's annual financial disclosure reveals over $580 million in crypto-related income, adding to the growing intersection of political leadership and cryptocurrency markets. The Trump administration has lifted export controls on Anthropic's Claude Fable 5 and Mythos 5 AI models, a significant regulatory development for the AI industry that could accelerate global deployment of Anthropic's technology. Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision Japan's manufacturing sector expanded for the sixth consecutive month in June, according to PMI data. The growth supports the case for continued BOJ monetary policy normalization. Go to Top More news