01Daily Summary

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Advanced Micro Devices fell 7.3% and Intel dropped 8.5% today, dragging the Technology sector down 3.0% and pulling the S&P 500 to 7,511 (off 0.57%). Defensive rotation into Utilities (+1.5%) and Real Estate signals genuine risk aversion, not sector noise. Crypto Fear and Greed sits at 22 (Extreme Fear), Bitcoin hovers at $65,834 with mildly negative perpetual funding, and seven-day ETF outflows for Bitcoin total $205 million. With US CPI running at 4.25% year-over-year and the 10-year real yield at 2.15%, the cost of risk remains elevated.

S&P 500−0.57%NASDAQ−1.15%US10Y−1 bpWTI+0.72%Gold−0.25%BTC−0.43%ETH+1.00%DXY−0.43%VIX+1.30%

Driver:A sharp semiconductor selloff - AMD down 7.3% and Intel down 8.5% - drove the day's risk-aversion, concentrated in Technology.
Cross-asset:Equities soft, DXY weaker (-0.43%), gold slipped slightly, WTI crude firmed to $95.00, crypto broadly flat but sentiment deeply negative.
Bonds & rates:US 30-year yield at 4.97%; 2s10s spread +40 basis points; 10-year real yield 2.15%; 10-year breakeven 2.29%; HY OAS (high-yield credit spreads) tightened 5 basis points to 266 basis points; IPOR USDC rate 3.48%.
Sentiment:Crypto Fear and Greed at 22 (Extreme Fear); equity Fear and Greed at 39.3 (Fear); VIX at 16.41, up 1.3%; Bitcoin long/short ratio 1.20; Bitcoin funding slightly negative.
Forward bias:BoE rate decision and UK unemployment (June 18) plus Japan CPI (June 18) are next catalysts; a HY OAS widening above 300 basis points would confirm full Risk-Off.

02Macro Snapshot

Stagflation risk rising

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Benchmark Rates	Latest	Δ vs Prior	Released	Next Release	Implication
Fed Ratei	3.50 – 3.75 %	−25 bp	17 Jun 2026	29 Jul 2026	Fed funds at 3.50-3.75% signal steady policy amid sticky inflation.
ECB Ratei	2.25 %	—	—	23 Jul 2026	ECB rate at 2.25% supports gradual easing for European assets.
BoJ Ratei	1.00 %	+25 bp	16 Jun 2026	31 Jul 2026	BoJ rate at 1% keeps JPY carry trade attractive for global risk.
SOFRi	3.69 %	+4 bp	daily	tomorrow	SOFR at 3.69% rising 4bp indicates tighter short-end USD funding.
IPOR USDCi	3.48 %	−21 bp	real-time	—	USDC IPOR at 3.48% below SOFR shows deleveraging in onchain USD.
IPOR WETHi	1.84 %	+0 bp	real-time	—	WETH IPOR at 1.84% reflects cooling onchain ETH leverage demand.
ETH Ratei	2.39 %	—	real-time	—	ETH staking yield at 2.39% offers steady return for holders.

Inflation	Latest	Δ vs Prior	Released	Next Release	Implication
CPI YoY (headline)i	4.2 %	+0.4 pp	10 Jun 2026	14 Jul 2026	Headline CPI at 4.2% keeps Fed cautious on rate cuts.
CPI YoY (core)i	2.9 %	+0.1 pp	10 Jun 2026	14 Jul 2026	Core CPI at 2.9% shows moderate underlying inflation persistence.
PPI YoY (headline)i	6.4 %	+0.8 pp	11 Jun 2026	15 Jul 2026	PPI at 6.4% signals upstream inflation outpacing recent CPI prints.
PPI YoY (core)i	4.9 %	+0.0 pp	11 Jun 2026	15 Jul 2026	Core PPI at 4.9% indicates persistent upstream price pressures.

Labor	Latest	Δ vs Prior	Released	Next Release	Implication
Nonfarm Payrollsi (m/m)	159.00 M jobs	+172 k	5 Jun 2026	2 Jul 2026	NFP gain of 172k points to resilient labor market conditions.
Unemployment Ratei	4.3 %	unchanged pp	5 Jun 2026	2 Jul 2026	Unemployment at 4.3% suggests rising slack in the labor market.

Activity	Latest	Δ vs Prior	Released	Next Release	Implication
Industrial Productioni (YoY)	+1.7 %	+0.3 pp	15 Jun 2026	17 Jul 2026	Industrial production up 1.7% YoY shows modest manufacturing growth.
Retail Salesi (m/m)	+0.5 %	−1.4 pp	17 Jun 2026	16 Jul 2026	Retail sales up 0.5% indicate steady consumer spending momentum.
ISM Manufacturing PMIi	54.0	+1.3	May 2026	—	ISM manufacturing at 54.0 confirms expansion in the factory sector.
ISM Services PMIi	54.5	+0.9	May 2026	—	ISM services at 54.5 signals ongoing expansion in services activity.

Yield Curve	Latest	Δ vs Prior	Released	Next Release	Implication
US 10Y2Y Spreadi	40 bp	—	daily	tomorrow	Positive curve. Recession odds receding.

Sentiment	Latest	Δ vs Prior	Released	Next Release	Implication
CNN Fear & Greedi (Equity)	39 (Fear)	unchanged	daily	tomorrow	CNN Fear & Greed at 39 reflects Fear in equity markets.
Crypto Fear & Greedi	22 (Extreme Fear)	−1	daily	tomorrow	Crypto Fear & Greed at 22 signals Extreme Fear opportunity.
News Sentimenti	+8 (Greed)	−13	every 30 min	—	News sentiment at +8 indicates Greed in current narratives.

03News Sentiment

Greed

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Last 7 days · overall score (EWMA-smoothed) range −42 to +46 · current +8 (Greed) · −13 24h

7 days ago today

Direction

bull 53% bear 44% ± 8% uncertainty

Coverage

macro 37% crypto 56% mixed 7%

What's driving today's news sentiment Top 5 · sorted by impact

+42 Bullish short-term

Uniswap rallies 22% on Standard Chartered target, broad altcoin gains amid Bitcoin steadiness

Uniswap surged following a major bank's optimistic $100 long-term target; wide altcoin gains led by SOL and HYPE; Bitcoin held steady near $66,000 amid Fed's first meeting under new chair.

coindesk.comconf 85% UNIAltcoinsBTC

−32 Bearish XRP retreats below $1.23 amid heavy seller activity after brief breakout coindesk.com

−30 Bearish Illinois approves unique crypto transaction tax amid industry opposition cointelegraph.com

−15 Neutral Major US indexes mixed as chip sector weakens, mild risk-off impacts crypto nasdaq.com

−14 Neutral Oil Tankers Reroute to Middle East Ahead of Hormuz Strait Reopening bloomberg.com

04.1Tech Equitiesi

Bearish

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

The Mag-7 cohort is deeply split today, with only 3 of 9 names in the green. The damage is concentrated in semiconductors: Intel is off 8.45% and Advanced Micro Devices is down 7.30%, dragging Nvidia another 2.37% lower. Apple, Alphabet, and Meta are holding modest gains, but they are not enough to offset the chip-side selling.

AAPLApple

$299.24+0.95%

1D Range $293.97 — $300.48

1M Range $290.55 — $315.20

P/E TTMi35.9 P/E Fwdi31.1 50-DMAi+4.2% 200-DMAi+11.9% RSI(14)i52 YTDi+10.4% % from ATHi−5.7% Sharpe(1Y)i+1.50

MSFTMicrosoft

$393.83−1.48%

1D Range $390.69 — $396.84

1M Range $390.34 — $460.52

P/E TTMi23.4 P/E Fwdi20.2 50-DMAi−4.6% 200-DMAi−13.0% RSI(14)i40 YTDi−16.7% % from ATHi−29.1% Sharpe(1Y)i−0.36

GOOGLAlphabet

$373.25+1.06%

1D Range $367.07 — $376.00

1M Range $356.38 — $396.94

P/E TTMi28.2 P/E Fwdi26.2 50-DMAi+2.2% 200-DMAi+20.6% RSI(14)i52 YTDi+18.4% % from ATHi−8.7% Sharpe(1Y)i+2.84

AMZNAmazon

$246.00−0.01%

1D Range $245.45 — $249.51

1M Range $238.00 — $274.00

P/E TTMi29.1 P/E Fwdi27.9 50-DMAi−4.0% 200-DMAi+5.7% RSI(14)i43 YTDi+8.6% % from ATHi−11.7% Sharpe(1Y)i+0.62

NVDANVIDIA

$207.41−2.37%

1D Range $207.34 — $211.49

1M Range $200.42 — $224.36

P/E TTMi31.6 P/E Fwdi23.2 50-DMAi−0.4% 200-DMAi+9.4% RSI(14)i47 YTDi+9.8% % from ATHi−12.3% Sharpe(1Y)i+1.41

METAMeta Platforms

$600.21+1.13%

1D Range $592.00 — $605.81

1M Range $566.98 — $635.29

P/E TTMi21.5 P/E Fwdi18.2 50-DMAi−3.6% 200-DMAi−8.6% RSI(14)i49 YTDi−7.7% % from ATHi−24.6% Sharpe(1Y)i−0.06

TSLATesla

$404.66−1.58%

1D Range $400.54 — $412.42

1M Range $381.59 — $442.10

P/E TTMi337.6 P/E Fwdi214.6 50-DMAi+1.1% 200-DMAi−2.8% RSI(14)i48 YTDi−7.6% % from ATHi−18.9% Sharpe(1Y)i+0.61

INTCIntel

$117.05−8.45%

1D Range $116.94 — $128.70

1M Range $99.17 — $127.86

P/E TTMin/a P/E Fwdi108.0 50-DMAi+18.8% 200-DMAi+114.8% RSI(14)i55 YTDi+197.2% % from ATHi−11.8% Sharpe(1Y)i+2.45

AMDAMD

$507.29−7.30%

1D Range $507.29 — $548.95

1M Range $414.05 — $547.26

P/E TTMi165.2 P/E Fwdi67.9 50-DMAi+27.1% 200-DMAi+97.0% RSI(14)i57 YTDi+127.0% % from ATHi−9.1% Sharpe(1Y)i+2.44

04.2Indices

Bearishi

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

A fractured tape today: the Dow Jones Industrial Average is up 0.64% while the S&P 500 is off 0.57%, the Nasdaq is down 1.15%, and the Russell 2000 is lower by 0.87%. The Philadelphia Semiconductor Index (SOXX) is the session's standout laggard at -5.92%, reflecting the acute chip-sector pressure. Breadth is notably healthy by one measure: the cap-weighted S&P 500 YTD return of +9.52% is nearly in line with the equal-weight RSP at +10.01%, a gap of just -0.49 percentage points, signalling that the average S&P 500 name is keeping pace with the index rather than being left behind by Mag-7 concentration. VIX is edging higher to 16.41 but remains contained, and world markets are mixed with the FTSE and Nikkei modestly green while emerging markets (EEM -1.59%) underperform.

US Equity Benchmarks

SPXS&P 500

7,511.35−0.57%

1D Range 7,508.68 — 7,564.96

1M Range 7,267.00 — 7,609.77

50-DMAi+3.1% 200-DMAi+9.0% RSI(14)i57 YTDi+9.5% % from ATHi−1.4% Sharpe(1Y)i+1.87

IXICNasdaq Comp.

26,376.34−1.15%

1D Range 26,369.39 — 26,788.62

1M Range 25,169.50 — 27,093.90

50-DMAi+3.9% 200-DMAi+12.3% RSI(14)i55 YTDi+13.5% % from ATHi−2.8% Sharpe(1Y)i+1.85

DJIDow Jones Ind.

51,999.67+0.64%

1D Range 51,712.63 — 52,190.29

1M Range 49,363.89 — 51,999.67

50-DMAi+4.5% 200-DMAi+8.1% RSI(14)i64 YTDi+7.5% % from ATHi−0.3% Sharpe(1Y)i+1.61

RUTRussell 2000

2,939.19−0.87%

1D Range 2,936.36 — 2,984.81

1M Range 2,747.07 — 2,965.09

50-DMAi+4.3% 200-DMAi+13.4% RSI(14)i58 YTDi+17.2% % from ATHi−1.3% Sharpe(1Y)i+1.68

SOXXSemiconductors

591.24−5.92%

1D Range 591.15 — 629.64

1M Range 495.87 — 628.45

50-DMAi+18.8% 200-DMAi+65.9% RSI(14)i58 YTDi+88.5% % from ATHi−5.9% Sharpe(1Y)i+2.71

Risk & Breadth Gauges

RSPiS&P 500 Eq-Wt

212.17−0.33%

1D Range 212.08 — 214.30

1M Range 201.62 — 212.88

50-DMAi+3.9% 200-DMAi+8.3% RSI(14)i64 YTDi+10.0% vs SPX YTDi+0.5pp Cap-weight sharei-5%

VIXiVolatility Idx

16.41+1.30%

1D Range 16.20 — 16.44

1M Range 15.32 — 22.22

50-DMAi−9.3% 200-DMAi−11.5% RSI(14)i45 YTDi+13.1%

MOVEiMOVE Index

69.36−0.13%

5D Range 69.36 — 77.03

1M Range 69.36 — 86.07

50-DMAi−5.7% 200-DMAi−5.3% RSI(14)i43 YTDi+11.2%

DXYTrade-Wt. USD

112.56−0.43%

5D Range 112.56 — 113.04

1M Range 111.19 — 113.04

50-DMAi+1.0% 200-DMAi+1.0% RSI(14)i60 YTDi+1.2%

World Markets

FTSEFTSE 100

10,494.21+0.61%

1D Range 10,428.56 — 10,523.51

1M Range 10,227.33 — 10,505.01

50-DMAi+0.9% 200-DMAi+5.0% RSI(14)i57 YTDi+5.5% % from ATHi−4.0% Sharpe(1Y)i+1.74

N225Nikkei 225

69,735.04+0.48%

1D Range 68,985.63 — 70,125.75

1M Range 59,804.41 — 69,656.35

50-DMAi+13.3% 200-DMAi+31.2% RSI(14)i67 YTDi+34.4% % from ATHiATH Sharpe(1Y)i+2.40

HSIHang Seng

24,425.00−0.28%

1D Range 24,260.00 — 24,557.50

1M Range 24,249.30 — 26,038.33

50-DMAi−5.3% 200-DMAi−5.1% RSI(14)i38 YTDi−7.3% % from ATHi−12.9% Sharpe(1Y)i+0.37

Global Equity Baskets

URTHMSCI World

203.10−0.26%

1D Range 202.96 — 204.54

1M Range 197.44 — 206.18

50-DMAi+2.4% 200-DMAi+8.1% RSI(14)i55 YTDi+8.9% % from ATHi−1.5% Sharpe(1Y)i+1.76

EEMMSCI Emerging

68.64−1.59%

1D Range 68.58 — 69.73

1M Range 64.26 — 70.80

50-DMAi+5.2% 200-DMAi+17.9% RSI(14)i56 YTDi+22.0% % from ATHi−3.1% Sharpe(1Y)i+1.85

Valuations

CAPE 10iShiller P/E

41.9Overvalued

−0.61% today

Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−5.1%

Trailing P/EiS&P 500 (TTM)

32.4Overvalued

−0.61% today

Long-run mean16.2 Median15.1 All-time high123.7 (May 2009)

Buffett IndicatoriCorp Equities / GDP

218.5Overvalued

Long-run mean86.1 Median72.1 All-time high228.7 (Q4 2025) % from ATHi−4.5%

Sector Rotationi 11 GICS sectors · today's % change · sorted best to worst

Utilities+1.54%

Real Estate+1.05%

Telecom+0.94%

Staples+0.38%

Industrials+0.17%

Discretionary−0.17%

Materials−0.39%

Energy−0.42%

Healthcare−0.49%

Financials−0.54%

Tech−3.04%

04.3US Treasuries & Credit

Bid

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Nominal yields are drifting marginally lower across the front and belly: the 2-year Treasury is at 4.07% (-2 bp) and the 10-year at 4.47% (-1 bp), leaving the 2s10s spread at +40 bp with the 30-year anchored at 4.97%. The move is driven by real rates rather than inflation expectations: the 10-year TIPS real yield fell 2 bp to 2.15% while the 10-year breakeven dropped 3 bp to 2.29%, suggesting the modest rally is a mild risk-off bid rather than a re-pricing of inflation. Credit is constructive: high-yield OAS tightened 5 bp to 266 bp and investment-grade OAS edged 1 bp tighter to 73 bp, a divergence from the equity softness that points to contained credit stress.

US2YiTreasury 2Y

4.07%−2 bp

5D Range 4.05 — 4.13

1M Range 3.98 — 4.17

5-day Δ−8 bp YTD Δ+60 bp

US10YiTreasury 10Y

4.47%−1 bp

5D Range 4.45 — 4.55

1M Range 4.45 — 4.67

10–2 spread+40 bp YTD Δ+28 bp

US30YiTreasury 30Y

4.97%0 bp

5D Range 4.95 — 5.03

1M Range 4.95 — 5.18

5-day Δ−6 bp YTD Δ+11 bp

Fiscal

US Debt & Servicing

Total Public Debti

$39.29T +$83.1B (1d)

+8.5% YoY

Annual Interest (gross)i

$1.32T +10.4% YoY

gross · avg rate 3.35%

Rate & Rollover Risk

Wtd Avg Rate on Debti

3.35% +0.06pp YoY

on total interest-bearing debt

Maturing < 1 Yeari

26.0%

~$10.21T · refinancing-risk gauge

Macro Bond

Real Rates & Credit

Real Rates & Inflation Expectations

10Y TIPS Reali

2.15% −2 bp

10Y nominal − inflation expectations

10Y Breakeveni

2.29% −3 bp

market-implied 10Y CPI

Credit Spreads

HY OASi

2.66% −5 bp

ICE BofA US HY

IG OASi

0.73% −1 bp

tight · late-cycle

04.4Japan Rates · JGB Curve

Offered

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

No JGB curve data is available for this session. The Japan Rates section will update when feed data is restored.

JP2YiJGB 2Y

1.41%+0 bp

5D Range 1.41 — 1.43

1M Range 1.37 — 1.46

5-day Δ−1 bp YTD Δ+22 bp

JP10YiJGB 10Y

2.65%+7 bp

5D Range 2.59 — 2.68

1M Range 2.58 — 2.78

10–2 spread+124 bp YTD Δ+54 bp

JP30YiJGB 30Y

3.75%+2 bp

5D Range 3.73 — 3.82

1M Range 3.73 — 4.04

5-day Δ−8 bp YTD Δ+35 bp

04.5Commodities

Bullish

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Energy is firming modestly, with WTI Crude and Brent both nudging higher (up 0.72% and 0.17% respectively) and Natural Gas adding 1.64%. Precious metals are mixed: Gold is pulling back slightly to $4,343.70 (-0.25%) while Silver is holding a small gain at $70.11 (+0.14%).

CLWTI Crude

$95.00+0.72%

5D Range $94.32 — $99.76

1M Range $91.16 — $112.25

50-DMAi−5.7% 200-DMAi+28.5% RSI(14)i45 YTDi+66.1%

COBrent

$97.46+0.17%

5D Range $97.29 — $101.69

1M Range $92.88 — $116.73

50-DMAi−12.5% 200-DMAi+21.5% RSI(14)i42 YTDi+57.2%

NGNatural Gas

$3.10+1.64%

5D Range $2.97 — $3.10

1M Range $2.75 — $3.34

50-DMAi+7.7% 200-DMAi−16.1% RSI(14)i54 YTDi+9.9%

XAUGold

$4,343.70−0.25%

5D Range $4,337.40 — $4,369.80

1M Range $4,114.00 — $4,593.00

50-DMAi−4.7% 200-DMAi−5.3% RSI(14)i44 YTDi−1.0%

XAGSilver

$70.11+0.14%

5D Range $69.86 — $70.62

1M Range $64.00 — $76.61

50-DMAi−7.2% 200-DMAi−4.2% RSI(14)i45 YTDi−3.7%

04.6Crypto Assets

Bullish

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

The total crypto market cap is essentially flat on the day (+0.05%), masking a divergence at the asset level: Ethereum is outperforming at +1.00% to $1,794.12 while Bitcoin slips 0.43% to $65,833.71 and Solana adds a modest 0.42% to $73.77. Bitcoin dominance holds at 56.3%, consistent with a risk-off lean within crypto. The macro sentiment backdrop is deeply negative: the Crypto Fear and Greed Index sits at 22 (Extreme Fear), and BTC perpetual funding has flipped negative at -4.87% APR, indicating short-side positioning pressure on the leading asset. Spot ETF flows are thin at $10M each for BTC and ETH on the day, and the 7-day picture is outright negative (BTC -$205M, ETH -$24M), confirming that institutional demand via the ETF channel has cooled materially. DeFi TVL is a marginal bright spot, up 0.71% over 24 hours.

BTCBitcoin

$65,833.71−0.43%

1D Range $65,409.00 — $66,895.00

1M Range $60,850.48 — $77,547.62

50-DMAi−10.4% 200-DMAi−14.9% 200-WMAi($62,254.40) +5.7% RSI(14)i43 % from ATHi−47.8% Sharpe(1Y)i−1.36

ETHEthereum

$1,794.12+1.00%

1D Range $1,760.31 — $1,832.65

1M Range $1,568.87 — $2,131.96

50-DMAi−12.4% 200-DMAi−25.1% 200-WMAi($2,471.16) −27.4% RSI(14)i45 % from ATHi−63.2% Sharpe(1Y)i−1.46

SOLSolana

$73.77+0.42%

1D Range $73.10 — $74.39

1M Range $62.15 — $87.27

50-DMAi−9.2% 200-DMAi−25.7% 200-WMAi($106.68) −30.8% RSI(14)i50 % from ATHi−74.8% Sharpe(1Y)i−1.71

ENAEthena

$0.0866+0.67%

1D Range $0.0858 — $0.0887

1M Range $0.0721 — $0.1119

50-DMAi−13.4% 200-DMAi−38.1% RSI(14)i46 % from ATHi−94.3% Sharpe(1Y)i−2.23

HYPEHyperliquid

$74.28+0.97%

1D Range $72.55 — $75.26

1M Range $48.07 — $74.47

50-DMAi+39.9% 200-DMAi+99.7% RSI(14)i65 % from ATHi−1.0% Sharpe(1Y)i+0.84

PUMPPump.fun

$0.001518−1.31%

1D Range $0.001501 — $0.001610

1M Range $0.001372 — $0.001832

50-DMAi−10.7% 200-DMAi−27.7% RSI(14)i45 % from ATHi−82.3% Sharpe(1Y)i−0.40

Crypto Market

Macro Indicators

Market Caps & Dominance

BTC Mcapi

$1.31T −0.43%

56.3% of total

ETH Mcap

$216.5B +1.00%

9.2% of total

Stablecoin Mcap

$313.9B −0.01%

circulating supply

Total Crypto Mcap

$2.34T +0.05%

global market cap

Trading Volumes (24h)

CEX Volume (spot)

$75.9B −10.11%

24h · CoinGecko aggregate

DEX Volume (spot)

$6.7B −8.19%

24h · DefiLlama all chains

CEX Volume (perp)

$226.0B −9.93%

24h · derivatives exchanges

Hyperliquid (perp)

$5.0B −5.88%

24h · 230+ markets

DeFi Activity

Global DeFi TVL

$74.6B +0.71%

all chains

Lending TVL

$38.2B +1.62%

money markets

DEX TVL

$11.9B +2.08%

liquidity pools

ETH Staking APR

2.39%

Lido stETH base rate

Leverage & Sentiment

BTC Fundingi

−4.87% APR shorts pay

8h · Binance perp

ETH Fundingi

+2.04% APR longs pay

8h · Binance perp

BTC L/S Ratioi

1.20 large traders long

1.20× longs vs shorts

Crypto F&Gi

22 Extreme Fear

Δ −1 vs yesterday · 0-100

IPOR Rates

USDCi

3.48% −0.21 pp vs SOFR

24h avg 3.56%

USDTi

2.65% −1.04 pp vs SOFR

24h avg 2.70%

DAIi

3.82% +0.13 pp vs SOFR

24h avg 3.79%

WETHi

1.84% −0.00 pp vs avg

24h avg 1.85%

04.7Pre-IPO & Onchain Equity Perpsi

Neutrali

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Both Anthropic and OpenAI pre-IPO perpetuals are marking at zero premium to their oracle valuations, with the average premium at +0.00%; the section reads neutral across the board.

ANTHROPICi Anthropic

$1.62T -0.02% 24h

0.00% vs oraclei

Oraclei$1.62T Last roundi$965B · May 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i37.1× fwd · 84.3× TTM OIi0 Fundingi0.0%/yr Vol 24h$0

OPENAIi OpenAI

$1.34T -0.20% 24h

0.00% vs oraclei

Oraclei$1.34T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i55.9× OIi0 Fundingi0.0%/yr Vol 24h$0

CRCLi Circle Internet

$80.77 -3.20% 24h

OIi490,931 Fundingi+30.7%/yr Vol 24h$15.4M

COINi Coinbase

$170.74 +1.44% 24h

OIi35,086 Fundingi-10.9%/yr Vol 24h$7.6M

MSTRi MicroStrategy

$124.54 -4.19% 24h

OIi192,501 Fundingi-31.4%/yr Vol 24h$11.8M

Sector-thematic equity baskets

MAG7i Magnificent 7

66.43 -0.12% 24h

OIi1,175 Fundingi0.0%/yr Vol 24h$609k

SEMISi Semiconductors

616.62 -4.34% 24h

OIi396 Fundingi0.0%/yr Vol 24h$214k

DEFENSEi Defense

63.84 +1.12% 24h

OIi480 Fundingi0.0%/yr Vol 24h$10k

ROBOTi Robotics

37.87 -4.67% 24h

OIi1,740 Fundingi0.0%/yr Vol 24h$713

NUCLEARi Nuclear

124.82 -3.46% 24h

OIi188 Fundingi0.0%/yr Vol 24h$1k

04.8Crypto Treasuries & Spot ETF Flows

Accumulating

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Institutional and corporate treasury holders collectively hold 1,279,127 BTC (6.09% of supply, ~$84.3B), 7,632,605 ETH (6.32% of supply, ~$13.7B), and 18,483,376 SOL (3.19% of supply, ~$1.4B). Spot ETF flows are thin on the day (BTC +$10M, ETH +$10M, SOL flat) but the 7-day cumulative picture is negative across all three assets: BTC -$205M, ETH -$24M, and SOL -$2M, pointing to a sustained period of net redemption pressure in the ETF channel.

Asset	Total Held	USD Value	% of Supply	Top Public Holders
₿ Bitcoin BTC	1.28 M BTC	$84.3 B	6.09%	Strategy 847k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ Ethereum ETH	7.63 M ETH	$13.7 B	6.32%	BitMine Immersion 5.62M · SharpLink 869k · The Ether Machine 497k · Bit Digital 158k · Coinbase Global 151k
◎ Solana SOL	18.48 M SOL	$1.4 B	3.19%	Forward Industries 7.01M · DeFi Development Corp. 2.22M · Upexi 2.17M · Sharps Technology 2.08M · Solana Company 2.06M

Spot ETF Flows

Source: Farside Investors · AUM via FMP

BTC 13 funds · IBIT, FBTC, BITB…

AUM

$85.5 B

24h Flow+$10 M

7-day Flow−$205 M

YTD Flowi−$2.98 B

ETH 10 funds · ETHA, ETHB, FETH…

AUM

$10.1 B

24h Flow+$10 M

7-day Flow−$24 M

YTD Flowi−$1.10 B

SOL 6 funds · BSOL, VSOL, FSOL…

AUM

$710.8 M

24h Flow+$0 M

7-day Flow−$2 M

YTD Flowi−$39 M

05Technical Dashboard

Mixed

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Asset	Last	Trendi	Supporti	Resistancei	RSIi	RSI Status	Signal
SPX S&P 500	7,511.35	Bullish	7,285.21	7,564.96	57	Neutral	Buyconf 75%
IXIC Nasdaq Comp.	26,376.34	Bullish	25,394.58	26,788.62	55	Neutral	Buyconf 75%
DXY Dollar Index	112.56	USD ↑	111.47	113.04	60	Neutral	Sellconf 60%
VIX Volatility	16.41	Suppressed	16.20	18.09	45	Neutral	Hedgeconf 70%
US10Y US 10Y Yield	4.47%	Yields ↑	4.42%	4.55%	49	Neutral	Sell bondsconf 75%
CL WTI Crude	$95.00	Sideways	$73.92	$100.75	45	Neutral	Holdconf 50%
XAU Gold	$4,344	Bearish	$4,337	$4,556	44	Neutral	Sellconf 75%
BTC Bitcoin	$65,834	Bearish	$65,409	$73,440	43	Neutral	Sellconf 75%
ETH Ethereum	$1,794	Bearish	$1,760	$2,047	45	Neutral	Sellconf 75%

06Key Events

Next 7 days

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Today is front-loaded with Fed risk: the FOMC Interest Rate Decision and Economic Projections drop at 18:00 ET, followed by the Fed Chair press conference at 18:30 ET, making this the dominant macro catalyst for the session and likely into tomorrow. Retail Sales (MoM, May) at 12:30 ET will set the consumption narrative heading into the Fed window. No mega-cap earnings are on the calendar this week.

U.S. Macro Releases — FMP economic calendar (filtered)

Today
12:30 UTC · 14:30 CEST Retail Sales MoM (May)Est: 0.50 % · prev 0.50 % High
Today
18:00 UTC · 20:00 CEST FOMC Economic Projections High
Today
12:30 UTC · 14:30 CEST Retail Sales Ex Autos MoM (May)Est: 0.50 % · prev 0.70 % Medium
Tomorrow
12:30 UTC · 14:30 CEST Initial Jobless Claims (Jun/13)Est: 225 K · prev 229 K Medium
Wed, Jun 24 New Home Sales (May)Est: 0.60 M · prev 0.62 M Medium
Today
12:30 UTC · 14:30 CEST Retail Sales YoY (May)Est: 4 % · prev 4.90 % Low
Today
12:30 UTC · 14:30 CEST Retail Sales Ex Gas/Autos MoM (May)Est: 0.50 % · prev 0.50 % Low

Earnings — mega-cap reports drive index direction

No mega-cap earnings on the watchlist this week.

07Howard Marks' Market Cycle Indicators

Mid-cyclei

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Daily reading of the framework from Mastering the Market Cycle (Howard Marks, 2018).

Today's read

The economy stays vibrant with PMIs above 54 and positive payrolls, and Capital Markets plus Yield Spreads remain warm on stretched valuations (CAPE 41.54, HY OAS 278bp). Interest Rates, Terms, and Investors are clearly cold, anchored by a 2.21% real yield and equity Fear-and-Greed at 27.8.

View full cycle assessment — 9 indicators · 19 cited sources →

08Daily Alpha

Refreshed 17 Jun 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Add selectively. Crypto extreme fear and chip selloff create pockets, not broad entry

The mid-cycle label captures today's split personality well: PMIs above 54 and solid payrolls keep the macro floor intact, but the tape is rotating hard away from risk. The sector spread tells the story cleanly - Utilities gained 1.54% while Technology shed 3.04%, a 4.6 percentage point gap that is a textbook defensive rotation signal. Advanced Micro Devices and Intel fell 7.3% and 8.5% respectively, dragging the semiconductor complex into genuine oversold territory. That selloff is worth watching as a selective entry, not a broad one. Equities overall remain expensive at a trailing price-to-earnings of 32.39 against a 16.23 long-run mean, so chasing the index here is unattractive. The real opportunity is in crypto: the Fear and Greed index sits at 22 (Extreme Fear), Bitcoin funding rates are slightly negative, and Bitcoin trades 5.7% above its 200-week moving average - a setup that historically favors measured accumulation. High-yield credit spreads at 266 basis points tightened 5 bp today, offering no alarm. The Bank of England decision tomorrow adds near-term uncertainty; size positions accordingly.

24h Bias

Cautious; defensive rotation accelerating

Equities

Hold; trim tech, add beaten semis small

Bonds

Hold 30Y; await BoE clarity tomorrow

Commodities

Hold gold; WTI at 95.00 needs confirmation

Crypto

Add Bitcoin small; extreme fear, negative funding

Vol hedge

Hold light VIX calls into BoE event risk

Chip Stocks Crack, Crypto Fear Deepens

01Daily Summary

02Macro Snapshot

03News Sentiment

04.1Tech Equitiesi

04.2Indices

04.3US Treasuries & Credit

04.4Japan Rates · JGB Curve

04.5Commodities

04.6Crypto Assets

04.7Pre-IPO & Onchain Equity Perpsi

Sector-thematic equity baskets

04.8Crypto Treasuries & Spot ETF Flows

05Technical Dashboard

06Key Events

U.S. Macro Releases — FMP economic calendar (filtered)

Earnings — mega-cap reports drive index direction

07Howard Marks' Market Cycle Indicators

08Daily Alpha

Add selectively. Crypto extreme fear and chip selloff create pockets, not broad entry