{"id":175256,"date":"2026-06-05T07:18:12","date_gmt":"2026-06-05T07:18:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=175256"},"modified":"2026-06-05T07:18:12","modified_gmt":"2026-06-05T07:18:12","slug":"nordfx-morning-update-june-5-2026","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=175256","title":{"rendered":"NordFX Morning Update | June 5, 2026"},"content":{"rendered":"<p><strong>\ud83c\uddfa\ud83c\uddf8 Wall Street (Thu close)<\/strong> Dow \ud83d\udfe2 +1.73% \u2192 51,562 <em>(new all-time record)<\/em> | S&amp;P 500 \ud83d\udfe2 +0.41% \u2192 7,584 | Nasdaq \ud83d\udd34 -0.09% \u2192\u00a026,831<\/p>\n<p>A sharp rotation out of AI\/chip stocks into healthcare and financials. Broadcom crashed 15% after missing its AI revenue target, dragging Nvidia and the broader tech sector lower. On the winning side: UnitedHealth +5%, Goldman Sachs +5%, JPMorgan +3%, Eli Lilly +4%. Quantum computing company Quantinuum made its Nasdaq debut, raising $1.68B at $68\/share.<\/p>\n<p><strong>\ud83c\udf0f Asia (Fri, June 5)<\/strong> Nikkei 225 \ud83d\udd34 -1.5% \u2192 below 66,500 | Hang Seng \ud83d\udd34 -1.5% \u2192 ~25,253 | CSI 300 \u2248\u00a0flat<\/p>\n<p>Tech selling continues across the region. Tokyo is hit hard\u200a\u2014\u200aTokyo Electron -5.6%, Advantest -4.4%, SoftBank -1%. On the macro front, Japan\u2019s real wages rose for a 4th straight month, strengthening the case for a BoJ rate hike later this month. In Hong Kong, Tencent, Meituan, and Xiaomi all traded\u00a0lower.<\/p>\n<p><strong>\ud83d\udee2\ufe0f Oil<\/strong> WTI ~$93 | Brent\u00a0~$95\u201397<\/p>\n<p>Eased on Israel-Lebanon ceasefire hopes and cautious optimism around US-Iran talks. However, the Strait of Hormuz situation remains a wildcard. US crude inventories fell for a 6th consecutive week.<\/p>\n<p><strong>\ud83e\udd47 Gold | XAU\/USD ~$4,440\u20134,480<\/strong> Under pressure from ceasefire optimism and rate-hike expectations. Down ~16% since the Iran war began in late February. The ECB is widely expected to hike +25 bps on June 11, while the FOMC meets June 16\u201317\u200a\u2014\u200aboth events weigh on the non-yielding metal.<\/p>\n<p><strong>\ud83d\udcb6 EUR\/USD ~1.161<\/strong> Holding above 1.16 as Eurozone May CPI hit a 2.5-year high of 3.2%, sealing expectations for an ECB rate hike next week. Core inflation also surprised to the upside at\u00a02.5%.<\/p>\n<p><strong>\u20bf Crypto<\/strong> Bitcoin \ud83d\udd34 ~$63,200 (-14% in 7 days) | Ethereum \ud83d\udd34 ~$1,760 (-1.7%) Crypto is firmly in risk-off mode. BTC has erased all gains made since the start of the US-Iran war and hit a 4-month low this week amid massive ETF outflows. Fear &amp; Greed Index sits in Extreme Fear territory. Standard Chartered says the bottom may be \u201calmost\u00a0in.\u201d<\/p>\n<p><strong>\ud83d\udcc5 Key today<\/strong> \ud83d\udd14 US Non-Farm Payrolls (May)\u200a\u2014\u200aconsensus: ~85,000 jobs. A major market mover for USD, gold, and equities heading into next week\u2019s central bank decisions.<\/p>\n<p>\u26a0\ufe0f <em>Not investment advice. Trading carries\u00a0risk.<\/em><\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/nordfx-morning-update-june-5-2026-0b34003b5364\">\ud83c\udf05 NordFX Morning Update | June 5, 2026<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83c\uddfa\ud83c\uddf8 Wall Street (Thu close) Dow \ud83d\udfe2 +1.73% \u2192 51,562 (new all-time record) | S&amp;P 500 \ud83d\udfe2 +0.41% \u2192 7,584 | Nasdaq \ud83d\udd34 -0.09% \u2192\u00a026,831 A sharp rotation out of AI\/chip stocks into healthcare and financials. Broadcom crashed 15% after missing its AI revenue target, dragging Nvidia and the broader tech sector lower. On the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":175257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-175256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/175256"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=175256"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/175256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/175257"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=175256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=175256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=175256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}