Renewed hostilities in the Gulf and hawkish Fed commentary weigh on gold, while USD/CNY fixing misses estimates. Gold prices fell sharply as geopolitical tensions in the Gulf intensified, with Kuwait reporting missile and drone attacks. The US struck an Iranian military si
Prosecutors allege a Google software engineer used confidential search data to profit on the crypto prediction market. A Google software engineer has been charged with commodities fraud, wire fraud, and money laundering after allegedly using nonpublic company data to earn
Nio shares rise 9% after debut Nio launched its ES9 flagship SUV, priced as low as 390,000 yuan ($57,470) under a battery-as-a-service model. The premium vehicle pushed the U.S.-listed stock further into positive territory for 2026. The launch has contributed
Iran launches missiles and drones at Kuwait, escalating regional conflict and pressuring safe-haven assets like gold. Gold prices fell sharply as hostilities between Iran and the US escalated in the Gulf, with Iran launching missiles and drones at Kuwait. The attack marks
Chicago Fed President warns anticipated AI productivity gains and prolonged energy inflation could force higher interest rates in the U.S. Chicago Federal Reserve President Austan Goolsbee stated that the surge in excitement over artificial intelligence’s productivity pote
Kuwait air defenses respond to hostile missile and drone attacks Iran has launched attacks against Kuwait, a northern gulf neighbor, following earlier exchanges between Iran and the US around Hormuz. Oil prices are climbing as a result. The US has sanctione
Kraken’s new non-custodial Bitcoin vault surpasses $30 million in deposits as stablecoin yield products near $245 million. Kraken’s newly launched Bitcoin yield product secured $30 million in deposits from 4,000 unique wallets within 10 hours. The product converts Bitcoin
Chicago Fed President links rising oil prices to potential rate hikes, even amid expectations of productivity-driven growth. Chicago Fed President Austan Goolsbee stated that supply shocks, particularly from oil, could exacerbate inflation risks tied to anticipated product
GBP softens to near 1.3400 against USD The British Pound has weakened against the US Dollar. The GBP/USD pair attracted sellers near 1.3400 during Asian trading hours. Fresh geopolitical tensions between the US and Iran have boosted the safe-haven US Dollar
Geopolitical tensions lift the safe-haven USD, pressuring the GBP ahead of key US PCE inflation data later Thursday. The GBP/USD pair retreated toward 1.3400 in Asian trading Thursday as fresh US military strikes in Iran bolstered demand for the safe-haven US Dollar. The U
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