US president Trump says European leaders want to see a deal done ahead of online summit

Global stocks hit records on rate cut hopes & steady inflation data. Nikkei 225 surges to all-time high. Traders eye Fed policy.

US inflation cools, fueling Fed rate cut hopes. S&P 500, small caps, crypto surge. Tech giants lead rally, up 50%.

Trump: "Will be speaking to European Leaders in a short while. They are great people who want to see a deal done" - Truth Social

IEA lifts oil supply forecasts to 2.5M b/d (2024) & 1.9M b/d (2025) amid weak demand. Futures dip 0.7% to $62.75.

Mortgage rates dip to 6.67%, fueling refinances but not new buyers. Fed eyes rate cuts amid inflation worries.

Bullish IPO prices at $37, raising $1.1B+! Investors bid up CoinDesk parent ahead of NYSE debut.

ETH surges 50% in a month, nearing record highs on ETF inflows & active addresses. Fed rate cut hopes boost crypto.