The euro just dropped below $1.12 for the first time since May 2025, and the dollar rose even as Fed hike odds collapsed. That only makes sense once you see what the bond market is saying about France. Here's how a 150-basis-point yield gap became a currency problem, and the level that decides whether it becomes a European one.

Wall Street just posted its worst session in a month, oil rocketed past $100 a barrel, and gold — usually a safe haven — fell anyway. Here's what's driving the moves across stocks, bonds, oil, gold, and Bitcoin, and what traders are watching next.