U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%); U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

June 16: Amazon announced plans to invest billions of dollars to build an advanced data center campus in Montgomery County, Missouri, U.S. The project is projected to generate more than 400 full-time data center positions, thousands of construction jobs, and hundreds of millions of dollars in tax revenue for the county. As part of its commitment, Amazon will allocate over $7 million to local community initiatives: $3 million for emergency dispatch services, more than $1 million toward constructing the Montgomery County Exhibition Center Community Events Center, and the creation of a community fund to support local projects. Amazon noted the project will drive road and water infrastructure upgrades, and it’s partnering with local utility provider Ameren Missouri to ensure the data center’s additional electricity costs won’t be passed on to residential customers. On the sustainability front, Amazon said the data center will rely on natural air cooling for roughly 90% of its operation

June 16 – According to HTX market data, Ethereum has surged more than 10% over the past 24 hours, currently trading at $1,841.31, with a market capitalization of $221.99 billion.

June 16 data from Binance shows its SpaceX perpetual contract (ticker: SPCXUSDT) has become the platform’s second-most traded product, trailing only the Bitcoin perpetual contract (BTCUSDT). As of June 13, SPCXUSDT notched over $5.6 billion in 24-hour trading volume, while its total trading volume — covering both Pre-IPO and post-listing periods — surpassed $9 billion. As of June 15, Binance held more than 60% of the global SpaceX perpetual contract market share, ranking first across both centralized and decentralized exchanges, with an open interest of $191 million leading all platforms. Binance launched the SPCXUSDT on May 21, shortly after SpaceX submitted its S-1 registration filing. Ahead of SpaceX’s listing, users could gain price exposure to the high-profile private company via its Pre-IPO perpetual contracts; post-listing, the product automatically converted to a traditional-style perpetual contract, priced using real-time Nasdaq stock data. Notably, after SpaceX updated its

June 16 Update: The XLM/USDT trading pair on the Binance platform saw a short-term wick down to $0.17, with trading volume hitting $3.11 million in a single minute. The pair has since rebounded to $0.225, representing a 23.74% increase over the last 24 hours, and its total 24-hour trading volume stands at $53.1 million.

On June 16, U.S. President Donald Trump tweeted Friday that the Strait of Hormuz is fully open, a full agreement has been signed, oil prices have plummeted, and the stock market is rallying. Additionally, Trump stated Iran will not obtain nuclear weapons, and robust monitoring of Iran will be implemented. (IG)

June 15: U.S. stocks rallied on Monday as investors focused on the anticipated U.S.-Iran peace agreement, triggering a broad surge in risk assets. The Dow Jones Industrial Average climbed 702 points, a 1.4% gain, hitting a fresh intraday high. The S&P 500 rose 1.9%, while the Nasdaq Composite notched a 3% jump. SpaceX continued its strong performance on its second day of trading, surging more than 10% following a 19% gain on its debut. Market sentiment was boosted by President Trump’s announcement that a “U.S.-Iran deal has been finalized.” The memorandum is set to be signed in Switzerland this Friday, with the news driving a steep drop in crude oil prices: U.S. crude fell roughly 5% to around $80 per barrel. Vice President Mike Pence added that the Strait of Hormuz is expected to “reopen over the long term with toll-free passage,” further easing concerns about energy supply. Analysts pointed out that the oil price decline helps alleviate inflationary pressures, and markets are