Interstellar Capital

2025/07/06

Trump calls Musk's formation of new party "ridiculous" and confusing

President Donald Trump called Elon Musk's plans to form a new political party "ridiculous," saying Musk could have fun with his new project but that the United States functions best under a two-party system.

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2025/07/02

Stocks edge higher, dollar wobbles with tariffs, Fed uncertainty in focus

Global stocks edged higher and the dollar traded close to a three-year low on Wednesday, as investors pondered the prospect of U.S. interest rate cuts and the scramble for trade deals ahead of President Donald Trump's July 9 deadline for tariffs.

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2025/06/30

Wall Street analysts bullish on Circle after blockbuster IPO, but warn on sky-high valuation

Wall Street brokerages began coverage of stablecoin issuer Circle Internet Group (CRCL.N), on Monday with broadly bullish ratings, though some analysts voiced concerns about its elevated valuation after the stock more than doubled since its market debut.

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2025/06/27

Instant view: Wall Street closes at record highs after turbulent months

The S&P 500 and Nasdaq Composite closed at all-time highs on Friday, bouncing back from a turbulent period sparked by U.S. President Donald Trump's trade policies based on tariffs.

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2025/06/25

Shares hover near record highs, crude prices gain

Global shares hovered near record highs on Wednesday as Middle East tensions eased, with markets focused on U.S. inflation and prospects of an interest rate cut. Crude prices rose after snapping three straight sessions of losses.

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2025/06/23

Shares dither, oil spikes as investors mull Iran risks

World shares slipped on Monday and oil prices rose towards five-month highs before retracing gains as investors awaited possible retaliation from Iran following U.S. attacks on its nuclear sites, with knock-on risks to global trade and inflation.

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2025/06/20

Gold poised for weekly loss as US delays decision on Middle East involvement

Gold prices were steady on Friday and poised for a weekly loss after U.S. President Donald Trump delayed a decision on entering the Israel-Iran conflict.

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2025/06/18

Wall Street indexes set for subdued open ahead of Fed's interest rate verdict

Wall Street's main indexes were set for a muted open on Wednesday, ahead of the Federal Reserve's monetary policy decision, as the Israel-Iran conflict that entered its sixth day kept investors on edge.

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2025/06/16

Equities end higher as oil prices pull back on truce hopes

U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.

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2025/06/11

US-China trade truce leaves investors none the wiser

The latest trade truce between China and the United States offers investors hope that the two superpowers can reach a lasting resolution and prevent further market disruption, but the absence of detailed terms leaves room for potential future tariff conflicts.

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2025/06/10

Moody's flags risks from retail investors' push into private credit

The rapid growth in retail investors, who put their money into private markets, could create liquidity and asset quality risks, Moody's Ratings warned on Tuesday, highlighting potential vulnerabilities within the private credit sector.

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2025/06/09

Wall Street heads for cautious start, dollar eases ahead of US-China talks

Wall Street index futures hovered a touch higher while the dollar pared recent gains at the outset of London talks meant to mend a trade rift between the United States and China.

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2025/06/06

U.S. money market fund inflows surge on caution over tariffs

U.S. money market funds witnessed huge inflows in the week ended June 4 as investor caution over a rise in U.S. tariffs on steel imports, uncertainties over President Donald Trump's trade disputes with China and a crucial employment report on Friday, boosted demand for safer investment avenues.

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2025/06/05

Wall Street's potential winners and losers from Trump's tax bill

As President Donald Trump's sweeping tax-cut and spending bill heads to the Senate, analysts examine how his broad-ranging policies could turn the fortunes of U.S. companies if the package is enacted as law. What Trump has dubbed a "big, beautiful bill", narrowly passed the Republican-controlled House on May 22.

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2025/06/04

Gold holds ground as jobs data offsets safe-haven demand

Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by simmering trade tensions between the U.S. and China.

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2025/06/04

Wall Street set for subdued open after downbeat private payrolls data

U.S. stocks were set for a muted open on Wednesday as much weaker-than-expected private payrolls data deepened concerns about the Trump administration's erratic trade policies pressuring the labor market.

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2025/06/03

Morning Bid: Trump and Xi's big chat

What matters in U.S. and global markets today The dollar and U.S. Treasuries found their footing on Tuesday after a rough start to the week, but stocks remained edgy due to a mix of trade war concerns and spluttering factory activity.

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2025/06/02

Wall Street set for lower open after Trump's steel tariff threat

Wall Street's main indexes were on track for a lower open on Monday after President Donald Trump revealed plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies.

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2025/05/30

SNAPSHOT US stock index futures cut some losses after April PCE data

U.S. stock index futures pared some losses on Friday after a benign inflation reading added to hopes that the U.S. Federal Reserve could cut interest rates soon.

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2025/05/29

Musk's Trump administration exit lifts Tesla shares on hopes of renewed focus

Tesla shares (TSLA.O), rose more than 2% on Thursday after news that CEO Elon Musk was stepping away from the Trump administration, fueling hopes that he will sharpen focus on the automaker as it gears up for its hotly anticipated robotaxi debut.

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