22 articles in this category
The Fed delivered its first rate hike since 2023, and risk assets briefly rallied on the widely-expected move — before Chair Kevin Warsh's hawkish press conference and an updated dot plot erased the gains.
Read More →Crypto stabilized overnight after Tuesday's CLARITY Act-driven selloff, and Wall Street heads into Wednesday's FOMC decision — the first under new Fed Chair Kevin Warsh — with a 25-basis-point hike already priced in at roughly 91% odds.
Read More →A failed Senate cloture vote on the CLARITY Act erased Monday's regulatory-optimism rally, with XRP the hardest hit. Stocks, oil and gold all moved on the same oil-and-yields backdrop ahead of Wednesday's FOMC decision.
Read More →Bitcoin fell back below $78,000 overnight as oil topped $108 a barrel and the 10-year Treasury yield briefly broke 5% for the first time since 2023, unwinding much of Monday's crypto rally ahead of a pivotal day for both Washington and the Fed.
Read More →XRP led a broad crypto rally on Senate CLARITY Act optimism, decoupling from a mixed Wall Street session weighed down by AI-slowdown jitters ahead of Wednesday's FOMC decision.
Read More →Anthropic CEO Dario Amodei's call to slow frontier AI development, echoed by Sam Altman and Elon Musk, knocked futures and AI-linked Asian stocks on Monday, with Wall Street heading into a genuine coin-flip FOMC decision on Wednesday.
Read More →August's core CPI came in hotter than forecast, sending Fed rate-hike odds for next week's meeting to about 90%. Wall Street rallied anyway, snapping a four-day losing streak, while bitcoin spiked more than 4% on the release before fading back to a modest daily gain.
Read More →Wall Street closed out a fourth consecutive losing session Thursday, and futures were only modestly firmer Friday morning as markets awaited the August CPI report — the last inflation print before the Fed's September 16 decision.
Read More →August PPI came in hotter than expected, pushing CME-tracked odds of a Fed hike next week to 70%. Stocks, European indices and crypto all fell in response, with bitcoin's sharpest drop landing in the hour the data hit.
Read More →Gold broke above $4,400 an ounce as the dollar softened, even as US equities notched a third consecutive losing session and Brent crude held near $101 on the ongoing Iran conflict.
Read More →Brent crude broke back above $100 a barrel after US forces sank four Iranian tankers in the Gulf of Oman, dragging Wall Street and European equities lower into Wednesday's close.
Read More →Crypto majors drifted modestly higher overnight, a mild decoupling from equities after Tuesday's 627-point Dow slide on the Saudi oil-facility attacks. The week's real test — Thursday's PPI and Friday's CPI — sets the tone into next week's coin-flip FOMC.
Read More →A wave of Houthi drone and missile strikes on Saudi Arabia's southern oil region wounded 73 people and knocked out energy facilities, sending Brent toward $100 a barrel and pulling equities lower into Tuesday's close.
Read More →US markets reopened from the Labor Day break under fresh trade and geopolitical pressure: Canada's $20bn counter-tariffs on US goods took effect, oil stayed elevated after last week's Iran-US tanker strikes, and crypto traded a tight range ahead of Friday's CPI.
Read More →A much-stronger-than-expected August jobs report knocked stocks and crypto lower Friday, as traders raised the odds of a September Fed rate hike to roughly 60%.
Read More →Wall Street snapped a three-day losing streak as Fed Governor Waller struck a dovish note, easing Treasury yields even as Chair Kevin Warsh's hawkish Jackson Hole tone keeps September rate-hike odds near 60%. Bitcoin and ether both rallied more than 4% on the day.
Read More →Iran's overnight missile and drone strikes on US allies pushed oil to a 20-month high and Treasury yields to their highest since January 2025 — yet Wall Street closed higher, led by a blowout Snowflake quarter.
Read More →A reignited Israel-Iran conflict and a hawkish repricing of the Fed's next move — traders now put ~66% odds on a hike, not a cut — sent Treasury yields to a 2.5-year high and pulled bitcoin and ether lower even as Wall Street closed higher.
Read More →Fresh US strikes on Iranian targets and Iranian retaliation against Gulf neighbors and US bases pushed oil and bond yields to multi-year highs, even as US equities closed higher and crypto sold off.
Read More →Overnight strikes between the US and Iran around the Strait of Hormuz sent US and European equities lower, while a hawkish Fed pivot pushed September rate-hike odds to about 60%.
Read More →Stocks, gold and crypto all fell as tanker attacks in the Strait of Hormuz pushed Brent crude toward $94 and hardened bets on a Fed rate hike this month.
Read More →Oil jumped and equities slipped as the US and Iran traded strikes near the Strait of Hormuz, while Fed Chair Kevin Warsh's hawkish Jackson Hole speech has markets pricing better-than-even odds of a September rate hike.
Read More →
