Wholesale inflation stirred up by Iran war and high oil prices. What does it mean for the Fed?
Wholesale costs in the U.S. jumped again in August, flogged by higher gasoline prices, in the first of two inflation reports that will dictate if the Federal…
Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carrytrade unwind.…
Bitcoin climbs as oil tops $100, equities drop after Iran strikes
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.…
Iran eases currency controls to let traders bring earnings home in crypto: FT
Exporters can use overseas earnings to fund imports directly, bypassing the official foreignexchange system, the FT reported. Source:CoinDesk
Brent crude reaches $100 as war in Iran intensifies
Oil prices advanced on Thursday after the U.S. said it destroyed five Iranian crude oil vessels. Source:MarketWatch
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.…
Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz
The West Texas Intermediate and Brent crude contracts for October and November delivery, respectively, are steady after rising earlier in the session.…
Oil up, bitcoin down as U.S. strikes Iranian crude carriers
Bitcoin trades lower by nearly 1% as escalating U.S.Iran hostilities push oil higher. Source:CoinDesk
Jobs and Iran add to Trump’s midterm headaches. Why that’s good for bonds and bad for energy stocks.
The president needs lower gasoline prices and mortgage rates — fast. Source:MarketWatch
Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93
Bitcoin fell 1% since midnight as Brent jumped past $93 and Treasury yields climbed toward 4.8%. Source:CoinDesk
Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff
Every largecap token fell over the past 24 hours, and the highbeta majors gave up roughly triple what bitcoin did. Source:CoinDesk
This maneuver is boosting oil shipments through the Strait of Hormuz
Middle East oil producers are finding more ways to evade Iranian threats and push more of their product to market. Source:MarketWatch