World of Defish USD Price & Performance (WODUSD)

The US has brokered a ceasefire agreement in the Black Sea between Russia and Ukraine. However, Russia has attached conditions, including lifting sanctions on its financial institutions. With both sides outlining differing expectations, the deal's implementation remains uncertain, reflecting ongoing geopolitical complexities.123

The S&P 500 has officially entered a correction phase, dropping 10% from its February high. Analysts suggest this adjustment reflects healthy valuation recalibration rather than impending recession fears. While some strategists remain optimistic, others point to policy uncertainties and global risks as ongoing concerns.435

Asian stocks showed modest gains as investors navigated declining US consumer confidence and tariff anxieties. The S&P 500 saw a slight recovery, but fears of stagflation and recession persist. Meanwhile, Chinese tech stocks continue to slide, reflecting broader market unease.635