Asian countries have been buying all the oil they can get their hands on since the Strait of Hormuz shut down for business. Asian countries have been buying all the oil they can get their hands on since the Strait of Hormuz shut down for business. Thanks to ample supply of
Summary: Gold edges higher after hitting a two-week low, with bargain-hunting emerging Iran tensions persist as maritime incidents and US blockade continue Ceasefire extension tempers immediate escalation and oil shock risks Dollar direction remains key driver, competing with...<
Bitcoin rally above the $78,333 resistance signals sustained buying by the bulls, clearing the path for a potential rally to $84,000. Bitcoin rally above the $78,333 resistance signals sustained buying by the bulls, clearing the path for a potential rally to $84,000.
S&P 500 prints new highs as Oil surge fails to rattle risk Stocks powered to fresh highs, riding a wave of earnings strength and a last-minute ceasefire extension that flipped risk back on after a brief retreat, while bitcoin caught the same tailwind and surged alongside the...</
AI-linked stocks now account for nearly 45% of the S&P 500, up from ~25% in 2022, per Goldman Sachs. AI-linked stocks now account for nearly 45% of the S&P 500, up from ~25% in 2022, per Goldman Sachs. Strong earnings and momentum have driven concentration in mega-cap tech
Bitcoin Magazine (Twitter/X) JUST IN: US Congressman Lance Gooden says "the U.S. military is using a Bitcoin node to enhance national security." 🇺🇸 Bitcoin Magazine (Twitter/X) JUST IN: US Congressman Lance Gooden says "the U.S. military is using a Bitcoin node to enhance
US crude stocks rose 1.9m barrels vs a 1.0m draw expected, driven by higher imports and weaker exports. US crude stocks rose 1.9m barrels vs a 1.0m draw expected, driven by higher imports and weaker exports. However, gasoline (-4.6m) and distillate (-3.4m) draws signal fir
USD/IDR: Valuations support rupiah stability – MUFG MUFG’s Senior Currency Analyst Lloyd Chan argues that while geopolitical risks stay elevated, valuation metrics such as REER now show meaningful Rupiah undervaluation versus the US... USD/IDR: Valuations support rupiah st
GBP/USD holds near 1.35 as UK PMIs and retail sales loom GBP/USD was little changed on Wednesday, settling close to 1.3510 after a choppy session that reached 1.3540 in London hours before fading toward 1.3490. GBP/USD holds near 1.35 as UK PMIs and retail sales loom GBP/U
Oil producers in the Middle East would typically rejoice at oil prices of $100 per barrel as they would see windfall revenues from their exports. Oil producers in the Middle East would typically rejoice at oil prices of $100 per barrel as they would see windfall revenues f