Canada BoC Interest Rate Decision meets expectations (2.25%)

Oracle fell below the $200 mark as the market focuses on its upcoming earnings report, while Wall Street investment banks remain optimistic.

TradingKey - On Wednesday ET, the three major U.S. stock index futures broadly declined in pre-market trading as the tech sell-off continued. Escalating tensions in the Middle East, coupled with the imminent release of May CPI data, have significantly cooled market risk appetite. As of press time, Dow futures are down 0.92%, S&P 500 futures have dropped 1.06%, and Nasdaq 100 futures have declined 1.62%.

TradingKey - A classic indicator the Bond King says has stopped working may be the missing key to this gold boom and the repricing of money itself.

TradingKey - During the Asian trading session on June 10, sources familiar with the matter revealed that SoftBank Group’s negotiations to secure a margin loan of at least $6 billion, using its stake in OpenAI as collateral, have failed to make progress. This comes just weeks after the company reduced its initial $10 billion target by 40%. SoftBank declined to comment. The sources stated that SoftBank is still considering various financing options and may restart negotiations in the future.

TradingKey - The U.S. Bureau of Labor Statistics will release May CPI data at 8:30 AM ET on June 10. This report is the most critical inflation reading ahead of the Federal Reserve's June 16-17 policy meeting and serves as key data for the market to gauge whether the Fed needs to maintain its hawkish stance following strong non-farm payrolls.