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BofA Survey: Majority of Investors Expect Fed to Stay Hawkish

1 hours ago

June 16: A U.S. bank’s June Global Fund Manager Survey shows investors broadly expect the Federal Reserve to hold interest rates steady at its Wednesday policy meeting. About 55% of respondents anticipate a "hawkish hold"—meaning rates will stay unchanged, with Fed Chair Jerome Powell signaling rates will stay elevated for an extended period. Another 33% foresee a "dovish hold," where Powell keeps the possibility of future rate cuts on the table.
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Coinbase to List GEODNET (GEOD) on Its Coin Listing Roadmap

Coinbase announced on June 16th that it will add GEODNET (GEOD) to its listing roadmap, per an official statement.

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Trump: We Will Soon Be Able to Impose Tougher Sanctions on Russia

June 16 — U.S. President Trump announced that the U.S. will soon impose tougher sanctions on Russia and is prepared to let the Russian oil sanctions waiver expire.

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Trump: Will Further Depress Oil Prices

On June 16, U.S. President Trump said that the U.S. will further drive down oil prices. (FXStreet)

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Trump: Strait of Hormuz to Fully Reopen by Friday

June 16: U.S. President Donald Trump has reiterated that the United States has just reached an agreement with Iran. He stated that ships have started transiting the Strait of Hormuz, with the waterway set to be fully open by Friday. As a result, prices have begun to fall, and oil prices have plummeted.

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Mnuchin: Will not give Iran one dollar of U.S. funds

June 16: U.S. Vice President Pence announced that the United States will not provide Iran with a single penny of American taxpayer funds. (Source: ZeroHedge)

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US Optoelectronics Sector Sees Mixed Pre-market Trading, AAOI Up 2.6%

On June 16, per Bitget market data, pre-market trading in the U.S. optical communications sector showed mixed performance: NOK slipped 0.34%, AAOI climbed 2.6%, LITE declined 0.75%, and MRVL fell 1.72%.

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