Market Digest: Markets Flash Green on Trade Talk Optimism, BTC Fights for $110K

Key Takeaways

Global markets rose after reports of a draft U.S.–China trade framework targeting critical supply chains.
Investors remained cautious as the agreement awaits formal confirmation from both governments.
Bitcoin slipped to $109,606, down 0.62%, as crypto markets traded cautiously ahead of U.S. inflation data.
Gold climbed to $3,341.98, up 0.58%, supported by safe-haven demand amid geopolitical uncertainty.

Global markets edged higher on Wednesday, June 11, after reports from London indicated that U.S. and Chinese officials had drafted a preliminary “framework” agreement on trade, aimed at securing supply chains in several sectors, including rare earth minerals and advanced manufacturing.

While the development provided a boost to sentiment, investors remained cautious in the absence of formal confirmation from Presidents Donald Trump and Xi Jinping.

With so much resting on the credibility and execution of the proposed deal, financial markets leaned into cautious optimism. Wall Street rallied, led by a sharp surge in tech stocks, like Tesla and Meta. Gold rose as investors hedged against the risk of disappointment.

Bond traders, meanwhile, braced for two looming macro catalysts: a $39 billion 10-year Treasury auction and the release of key U.S. CPI data, both seen as potential pivots for interest rate expectations and risk sentiment.

Global Indices

S&P 500 (SPX): 6,038 (+0.55%)
Dow Jones Industrial Average (DJI): 42,866.87 (+0.25%)
Nasdaq Composite (IXIC): 19,714.99 (+0.63%)
Nikkei 225: 38,380.0 (+0.39%)
Euronext 100 (N100-D): 1,597.67 (+0.16%)
FTSE 100 (FTSE): 8,847.3 (–0.09%)

Cryptocurrencies Market

Bitcoin (BTCUSD): $109,606 (–0.62%)
Ethereum (ETHUSDT): $2,796.09 (–0.72%)
Solana (SOL): $163.35 (–1.88%)
Binance Coin (BNBUSDT): $669.55 (–0.59%)

Forex & Dollar Index

Euro/U.S. Dollar (EURUSD): 1.1416 (–0.03%)
British Pound/U.S. Dollar (GBPUSD): 1.3483 (–0.06%)
U.S. Dollar/Japanese Yen (USDJPY): 144.982 (+0.08%)

Commodities

Gold (GOLD): $3,341.98 (+0.58%)
Silver (SILVER): $36.60 (+0.18%)
WTI Crude (USOIL): $64.91 (+0.36%)
Brent Crude (BRENT31): $65.36 (–0.82%)

Individual Stocks

NVIDIA (NVDA): $143.96 (+0.93%)
Tesla (TSLA): $326.09 (+5.67%)
Microsoft (MSFT): $470.92 (–0.39%)
Meta (META): $702.40 (+1.2%)
Apple (AAPL): $202.67 (+0.61%)
Amazon (AMZN): $217.61 (+0.29%)

Market Wrap-Up

Markets were caught between optimism and caution on Wednesday, as signs of progress in U.S.–China trade talks supported risk sentiment, but the lack of concrete commitments kept investors wary. With key U.S. inflation data and a large Treasury auction approaching, traders are watching for signals that could determine whether the recent gains hold or give way to renewed volatility.