ATFX Suspends Prop Trading Business as Industry Reflects on Asset Management Sustainability

he prop trading service, officially launched in October 2024, was halted after operating for less than two years. The official statement cited significant shifts in the prop trading landscape, stating the company deemed it necessary to prudently evaluate

Geopolitical Tensions and Tech Correction Drag Asian Stocks Lower

en by the combined effect of suddenly escalating geopolitical risks in the Middle East and profit-taking pressure in the technology sector. As renewed military friction between the US and Iran sparked risk aversion in the market, technology stocks that ha

IMF Warns Global Economic Resilience Insufficient as Geopolitical Turmoil and Inflation Shadow Future

nuous shocks. Senior officials stressed during public exchanges that nations must swiftly construct more resilient defense systems to navigate future uncertainties. Insights from these dialogues reveal policymakers concern that the world has yet to fully

Middle East De-escalation Sparks Chip Stock Rally as US Futures Dip Ahead of Inflation Data

al risk premiums began to fade, yet US stock index futures still posted a slight decline. Shortly after 8 PM Eastern Time, all three major index futures recorded drops of approximately 0.1%, with SP 500, Nasdaq 100, and Dow Jones futures trading near 7,41

US Secretary of State Affirms Danish Sovereignty Over Greenland; US and Denmark Launch Monthly Defense Consultations

rom a Democratic representative, Rubio acknowledged that control could benefit defense deployment but explicitly stated the island remains legally under Danish jurisdiction. Meanwhile, he disclosed that the US has established a routine monthly consultatio

Trump Claims Most Hormuz Strait Mines Cleared US-Iran Talks Stuck on Compensation

ait have achieved substantial breakthroughs. He indicated that the majority of mine threats have been neutralized and that the critical global energy corridor would reopen immediately upon Iran signing a memorandum of understanding to end hostile actions.

Geopolitical Tensions Push Up Oil and Copper Prices; Strong Employment Data Suppresses Gold Performance

nd base metal sectors continue to strengthen amid supply concerns, precious metals face downward pressure due to robust US economic data. The volatile situation in the Middle East remains a core variable driving energy market fluctuations. Although rumors

Interactive Brokers May Operational Data Released as Client Equity Approaches $1 Trillion

cs demonstrated an upward trend in May. Trading activity showed a significant recovery, with the average daily trade volume reaching 4.969 million orders. This represents a nearly 50% increase compared to the same period last year, along with a roughly 17

Gold Overtakes US Treasuries as Top Global Official Reserve Asset

quietly taken place. As of the end of 2025, golds share of total global official reserve assets rose to 27%, officially surpassing US Treasury bonds to become the largest asset class in global official reserves. Concurrent data indicates that the share of

Hang Seng Index Rebounds Over 600 Points Crosses Multiple Moving Averages Monthly Volatility Narrow Awaiting Trend Confirmation

llion HKD. Following volatility earlier in the month, the broader market extended its upward momentum yesterday, displaying a low-open, high-close intraday pattern. Despite opening slightly lower in the early session, the index gradually rose under the in

Trump Claims Israel-Lebanon Ceasefire Brokered; Iran Pauses US Talks

ons between Israel and Hezbollah. According to his account, following phone calls with Israeli Prime Minister Benjamin Netanyahu, the Israeli side committed to refraining from deploying troops to Beirut, with forces already en route being recalled. Additi

China-Brazil Foreign Ministers Reach New Consensus, Pledge to Bolster Community with a Shared Future

e Foreign Minister Wang Yi and his Brazilian counterpart, Vieira, engaged in in-depth discussions centered on deepening bilateral relations and reforming global governance. Both sides explicitly stated their commitment to coordinating actions within a com

Mainland Authorities Intensify Crackdown on Illegal Cross-Border Securities; Futu and Longbridge Launch Account Cleanup

ge Securities have initiated cleanup procedures for existing accounts. The move primarily targets accounts opened using falsified documentation and long-term dormant accounts devoid of assets or holdings. The initiative aims to implement a comprehensive r

Tencent Clarifies Dual-Track Chip Strategy Accelerating Domestic Substitution and Computing Power Export

ion regarding H200 chip procurement. While he did not directly confirm specific approval progress, he clearly stated that the company will continue to maintain cooperation with international advanced chip manufacturers while strengthening collaboration wi

Jefferies Considers Selling Stratos Business As FXCM Fades From Glory

ts subsidiary, Stratos. Stratos currently operates the FXCM and Tradu brands, primarily engaging in contracts for difference (CFD) trading. While specific transaction details remain unclear, market speculation suggests potential buyers may include cryptoc