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What you lose by staying in cash while oil hits $90

What you lose by staying in cash while oil hits $90

June 02, 2026

We Educate · We Build Wealth · We Transform Together

02 June 2026 | Read online

Stocks, crypto & forex — what you need to know before trading

N	Next Level Academy02 June 2026

Before the crowd reacts, the market usually leaves a trail.

This is where we uncover it. Each week, we distil the most important developments across stocks, crypto, and forex into a sharp, curated brief designed exclusively for the Next Level Academy community.

Three minutes to get aligned with what matters most.

This week we have a live session you won't want to miss — details below.

📊 Market Snapshot

S&P 500

7,580

Bitcoin

$73,704

XAU/USD

$4,543.50

Data is indicative. Always verify with your broker before trading.

🗞 This Week's Top Stories

📈 Stocks

Oil rises, U.S. stock futures inch higher as Wall Street looks to extend its winning streak

Crude oil prices and U.S. stock futures edged up on Sunday as markets positioned for continued gains into June. This reflects sustained investor confidence in equities following a strong rally, though gains remain incremental rather than dramatic. Watch for earnings reports and economic data this week—they'll determine if the uptrend holds or if profit-taking emerges.

💡 Investor Takeaway

Watch for increased price volatility in this sector. If you hold positions in related equities, consider reviewing your stop-loss levels and position sizing before making new entries.

₿ Crypto

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

A single investor sold approximately $1.26 billion of BlackRock's Bitcoin ETF (IBIT) in one transaction, likely signaling a rapid exit rather than a standard trading strategy. The sale's size and timing suggest institutional repositioning, which can indicate shifting confidence in near-term Bitcoin direction—worth monitoring if you hold crypto exposure. Watch for follow-up large redemptions from Bitcoin ETFs and Bitcoin futures volume on CME for clues about institutional sentiment moving forward.

💡 Investor Takeaway

Expect continued volatility in the short term. Any major headline could swing prices sharply in either direction — stay nimble and avoid overleveraging your positions.

💱 Forex

Asia-Pacific FX news wrap: Oil prices up. Deal elusive, attacks continue.

Geopolitical tensions escalated as Iran's president reportedly resigned over IRGC control, casting doubt on whether US nuclear negotiations have a genuine counterpart—while oil rose and US Navy quietly moved only 70 ships through Hormuz in three weeks (vs. 100+ daily pre-war). Japan's capex stalled at 0% growth in Q1, manufacturing PMI hit 32-month cost highs, and China tightened outbound investment rules, signalling regional economic pressure amid supply chain friction. Watch this week's US jobs data and Fed speakers for clarity on rate paths; monitor oil and shipping data for signs that Hormuz reopens, which could ease inflation narratives across Asia if confirmed.

💡 Investor Takeaway

Currency markets will be sensitive to this development. Watch for sharp intraday moves, particularly around news releases. Manage risk tightly with defined stop levels.

🔭 On the Radar

What to Watch This Week

▸🇺🇸 US Non-Farm Payrolls — sharp USD reaction expected across all forex pairs

▸🏦 Federal Reserve FOMC minutes — watch for any shift in rate cut timeline signals

▸₿ Bitcoin on-chain data — accumulation signals emerging near key support levels

▸🇸🇬 SGX earnings season — DBS, OCBC and UOB quarterly results in focus

▸🛢️ OPEC+ output decision — could trigger commodity and inflation-linked moves

🎙 Live Webinar

Join Us Live This Week

🔴 Live Webinar

The Set & Forget Trading Strategy Busy People Love

Julian's SRR & RSS strategies — trade in advance, then step away.

Most people imagine trading like this: 3 monitors, charts moving every second, someone glued to the screen all day.

But most people already have full schedules. Work. Business. Family. Responsibilities. They don't have hours every day to sit in front of charts.

That's exactly why so many traders are turning to Julian's SRR & RSS strategies. He maps out high-probability trades in advance, places them, then steps away — freeing up the rest of his day for family and simply living life without being tied to the screen.

Students inside the Genesis Pips community are seeing consistent progress while trading around their normal routines.