Trump said Sunday that the United States and Iran had finished a "final" peace agreement and plan to sign it on Friday, June 19, in Switzerland. He also said he would authorize toll-free opening of the Strait of Hormuz and the immediate removal of a U.S. naval blockade. Pakistani Prime Minister Shehbaz Sharif said the deal includes a permanent halt to military operations on all fronts, including Lebanon.

Kevin Warsh is set to run his first Federal Reserve meeting on US interest rates this week, with traders largely expecting policymakers to keep the target range at 3.5% to 3.75%. Futures pricing points to no additional rate cut until March 2027, while stronger jobs data and 4.2% annual consumer inflation are being cited as support for holding rates steady.

A 12.5% tariff threat is overshadowing U.S.-India trade negotiations as Donald Trump plans to meet Indian Prime Minister Narendra Modi at the G7 summit in France. The summit runs June 15 to June 17 in Evian-les-Bains, and U.S. officials do not expect any agreement to be signed there. Talks are set to continue afterward, including another negotiating session in India led by U.S. Trade Representative Jamieson Greer.

Polymarket drew criticism after traders said it revised the settlement standard for a live market asking whether Strategy (NASDAQ: MSTR) would sell any Bitcoin by May 31. Strategy disclosed on June 1 that it had sold Bitcoin during the prior week, but Polymarket ruled the outcome based on a disclosure cutoff, affecting bets tied to 1,838 accounts and $3.8 million. One trader, Hunter Guo, said he lost an expected gain of about $35,000 after buying thousands of “Yes” contracts shortly before the ruling.

Following SpaceX's June 12, 2026 IPO at a valuation above $2 trillion, Strategy (NASDAQ: MSTR) executive chairman Michael Saylor said the market's "Magnificent Seven" should become "Mag8." SpaceX's S-1 listed 18,712 BTC worth about $1.18 billion, while Strategy reported adding more than 90,000 BTC in Q1 2026 and remains the largest institutional Bitcoin holder.

Elon Musk's SpaceX begins trading on Wall Street today following a record $75 billion initial public offering. The deal prices 555,555,555 Class A shares at $135.00 each, valuing the company at $1.77 trillion. Underwriters have an option to purchase an additional 83.3 million shares, which could raise the IPO size to about $86 billion.

Avalanche Treasury Co. is set to begin trading on Nasdaq on Thursday under the ticker AVAT, tied to AVAX One chaired by Anthony Scaramucci and led by CEO Bart Smith. The listing follows a merger with SPAC Mountain Lake Acquisition, a deal initially signed in October at $675 million. The treasury vehicle reports holding roughly 15 million AVAX and says it plans to allocate capital across Avalanche infrastructure, apps, staking, and ecosystem projects.

BlackRock (NYSE: BLK), led by Larry Fink, is seeking to purchase at least $5 billion in SpaceX shares ahead of the company's trading debut expected as soon as tomorrow. SpaceX said it sold the full 555,555,555-share IPO at $135 per share for an implied valuation of about $1.77 trillion, while retail orders topped $70 billion and Polymarket traders are pricing in high odds of a $1.8T–$2T market cap.

Donald Trump said a deal involving Iran could be reached within “two or three days,” adding that the Strait of Hormuz would reopen “immediately” after an agreement. Oil prices fell Tuesday morning, with Brent down 1.3% to $93.02 and WTI down 1.8% to $89.67, while analysts flagged downside risks for gold and warned crude could spike if fighting continues.