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SpaceX (SPCX.O) rose 10% in U.S. after-hours trading; if the gain holds into Tuesday's open, its market value would surpass Amazon (AMZN.O).

2026-06-16

SpaceX (SPCX.O) rose 10% in U.S. after-hours trading; if the gain holds into Tuesday's open, its market value would surpass Amazon (AMZN.O).

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2026-06-16

Westpac: expects the Reserve Bank of Australia (RBA) to pause hikes in June but forecasts two further hikes in August and September as inflation remains elevated. Macquarie Group: expects a June pause while signaling the RBA will deliver a hawkish me

Westpac: expects the Reserve Bank of Australia (RBA) to pause hikes in June but forecasts two further hikes in August and September as inflation remains elevated. Macquarie Group: expects a June pause while signaling the RBA will deliver a hawkish message to reinforce market expectations for an August hike. ANZ: expects rates unchanged in June and no further hikes this year, but says an upside inflation surprise could still prompt a move in August. Commonwealth Bank of Australia: expects a June hold and no further tightening through the remainder of the year, with rate cuts only beginning in 2027. National Australia Bank: expects a June pause and a steady policy stance for the rest of the year, with the next action likely to be a cut.
2026-06-15

Neil Crosby of Sparta Commodities says reopening the Strait of Hormuz will be slow; restoring flows to above 50% could take about a month. After the recent sharp oil-price pullback, he says price risks are clearly skewed to the upside because many th

Neil Crosby of Sparta Commodities says reopening the Strait of Hormuz will be slow; restoring flows to above 50% could take about a month. After the recent sharp oil-price pullback, he says price risks are clearly skewed to the upside because many things could still go wrong, while further downside is limited if events proceed as planned. Even if the political process advances, vessels trapped in the Persian Gulf will likely leave slowly and mine‑clearing will also take time.
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