Trade Reviews

Professional and technical analysis on products and past trades

SpaceX debt sale calms liquidity fears, but short sellers focus on AI losses

SpaceX’s $25 billion senior unsecured bond sale has shifted the market debate from liquidity risk to earnings quality. The company priced one of the largest investment-grade debt deals of the year, with proceeds mainly aimed at refinancing bridge debt and lowering financing costs, rather than filling a cash shortfall.

24 Jun 2026, 13:17

Dollar index advances beyond consolidation on rising hawkish Fed outlook

The dollar index broke above a consolidation range and reached its highest level since May 2025, as markets priced in a more hawkish Federal Reserve outlook.

SpaceX shares fall around 16%, market capitalisation retreats to $2 trillion

SpaceX shares tumbled 16.43% to close at $154.60 following the announcement of a senior unsecured notes offering.

Brent approaches $80 amid growing hopes of Strait of Hormuz reopening

Brent crude oil approached the $81 mark, touching levels not seen since early March 2026. Prices gained ground as market participants weighed the implementation of a ceasefire agreement between Israel and Hezbollah against the highly anticipated reopening of the critical Strait of Hormuz maritime chokepoint.

Canadian PPI hits multi-year high, signalling inflation pressures; USD/CAD advances

The USD/CAD currency pair advanced to 1.4128 as a soaring Canadian Producer Price Index (PPI) reached 13.6% year-on-year, driven primarily by energy supply disruptions in the Middle East.

UK inflation holds steady as GBP/USD falls sharply

UK inflation remained at 2.8% in May, below expectations, easing pressure on the Bank of England ahead of its policy meeting. However, core inflation edged higher and sterling fell by 1% against the dollar as the Federal Reserve’s hawkish stance widened policy divergence.

Nikkei reaches new record as BoJ intensifies its restrictive stance

The Nikkei 225 achieved a fresh record high after the Bank of Japan raised interest rates to 1%, marking its highest borrowing cost since 1995 and signalled potential further tightening to contain persistent inflationary pressures. Despite this hawkish policy stance, equities advanced.

Dow Jones hits record high on optimism over US–Iran peace deal

The Dow Jones reached a record high as optimism surrounding a preliminary US–Iran peace deal improved risk sentiment and reduced market volatility. Lower expectations of Federal Reserve rate hikes provided additional support.

SpaceX market cap advances as shares debut in public market

SpaceX surged 7.26% on its historic IPO debut, closing at $160.95 with an implied $2.1 trillion market capitalisation, marking Wall Street’s biggest public listing in history.

Nikkei under pressure amid rising producer prices and geopolitical instability

Japan’s Nikkei 225 retreated as producer prices surged to their highest level since March 2023, increasing pressure on the Bank of Japan amid yen weakness above ¥160 per dollar. Escalating tensions in the Middle East also weighed on market sentiment.