US jobs report boosts Fed rate hike odds, sparking $1.7B Bitcoin ETF outflows and a tech sell-off. Crypto diverges from equities amid macro uncertainty.
Strong May jobs report pushes odds of Fed rate hike to 70%, sending Treasury yields higher and weighing on stocks.
Oil slides 3% on Israel-Lebanon ceasefire hopes, while gold gains and stocks mixed. Dollar dips, yen nears intervention zone. Markets eye Iran peace talks.
Friday's nonfarm payrolls report will be crucial for the dollar's direction amid Middle East tensions and Fed rate uncertainty.
Dimming Fed rate cut expectations amid sticky inflation and geopolitical uncertainty are reshaping Treasury yields, dollar, gold, and crypto markets.
HSBC's forex chief sees a pivotal moment for the dollar as geopolitical relief fades and economic data & Fed policy become key drivers.
Fidelity reports gold overtakes USD assets in central bank reserves, while Bitcoin emerges in cross-border trade settlements, signaling a structural shift away from dollar dominance.
Gold falls to two-month low, silver and platinum hit near one-month lows as strong dollar and rate hike fears weigh on precious metals.
SoFi launches SoFiUSD, the first stablecoin from a US national bank embedded in a consumer app, signaling a shift in digital dollar adoption.
Oil prices jump 3% as U.S.-Iran conflict intensifies, with Strait of Hormuz threats and fresh strikes rattling global markets. Analysis of spillover effects on equities, currencies, and crypto.
US strikes in Iran reignite volatility; oil jumps 4% as markets weigh ceasefire odds and Strait of Hormuz blockade.
The dollar strengthened against the offshore yuan on May 26, as renewed US strikes on Iran dampened optimism for a Strait of Hormuz deal, boosting safe-haven demand.
Non-dollar stablecoins reach $1.2B supply, with euro tokens leading at 80%. MiCA regulation drives adoption, processing $10B monthly.
The Swiss franc gained 0.29% against the dollar as renewed U.S. strikes on Iran dampened ceasefire hopes, boosting safe-haven demand.
US consumer confidence dipped in May as inflation worries tied to the Iran conflict offset labor market improvements. The dollar firmed amid renewed geopolitical uncertainty.
The Australian dollar tumbled after unemployment rose unexpectedly to its highest since 2021, dimming rate hike prospects and widening the divergence with a resilient USD.
Gold breaks $5,400 as Grok AI predicts $6,300 by end-2026. Tether Gold (XAUT) sees rising activity amid structural demand shift. Central bank buying and de-dollarization fuel the rally.
BOJ hawkish comments push yen away from 160 trigger level, but inflation and geopolitical risks keep intervention speculation alive.
The US dollar trades near a six-week high, pressuring Bitcoin and altcoins as ETF inflows slow and bear market signals intensify.
Iran's supreme leader orders enriched uranium kept domestically, complicating peace talks and impacting oil, bonds, and currencies.