News
Dollar struggles to post gains; yen suffers from weak growth data
The U.S. dollar edged marginally higher Monday, struggling to make much progress in holiday-thinned trade after soft inflation data boosted the case for more Federal Reserve rate cuts later in the year.
Bitcoin falls below $70k as crypto markets nurse four-week losing streak
Bitcoin fell Monday, extending losses after cryptocurrency markets logged four straight weeks of outsized declines as uncertainty over interest rates spurred increasing aversion towards speculative assets.
Oil prices stable as investors weigh OPEC+ supply, US inflation data
Oil prices steadied on Friday after U.S. inflation data, recovering from an earlier dip on news that OPEC+ is leaning towards a resumption in production increases.
Gold bounces after hefty losses; Chinese demand a "bubble"
Gold prices rose Friday, bouncing after losses in the previous session, with traders focusing on rising tensions in the Middle East while digesting the latest U.S. inflation data.
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