SpaceX shares closed at $148 on Wednesday, remaining below their initial trading price of $150 for a second consecutive session. Meanwhile, Jeff Bezos’ Blue Origin is reportedly seeking around $10 billion in its first external funding round, a deal that would value the rocket company at approximately $130 billion.
Minutes from the Federal Reserve’s June meeting (the first chaired by Kevin Warsh) showed policymakers remain divided over the path for interest rates. In currency markets, EUR/USD potentially faces resistance at its 100-hour moving average near 1.1433. The 50-hour moving average is perhaps trading too close to the current price to provide meaningful support.
Spanish government bonds extended their decline after U.S. President Donald Trump said at the NATO summit in Turkey that he wanted to “cut off all trade with Spain.”
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