On a fateful Tuesday, the corn and agricultural commodity markets experienced a notable surge as traders and investors anticipated a drier and hotter climate for
US stocks surged, led by the Russell 2000 and regional banking ETF gains. Tech stocks like Microsoft and NVIDIA outperformed with AI updates. The US dollar remained steady despite mixed data. Upcoming focus includes New Zealand CPI and Australian MI Leading Index. Geopolitically, Russia suspended Kerch Strait navigation, and North Korea launched ballistic missiles. ECB’s Knot hinted at a July hike but remained cautious on further tightening.
