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Dollar sees best day since June after stellar jobs report, set for weekly gain
The U.S. dollar surged on Friday, snapping a two-day losing streak and heading for a weekly gain after a blowout…
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Brent posts worst week since April 2020 amid post-midterms hopes for Iran detente
The global oil benchmark on Friday slumped nearly 17% for the week to post its worst weekly performance since late…
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Bitcoin set for weekly loss on post-midterms regulatory uncertainty, jobs report
Bitcoin erased losses and turned slightly higher on Friday, helped by a rebound in risk sentiment on Wall Street. Still,…
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Trump administration drops California mail-in ballot lawsuit after midterms
The Trump administration withdrew a lawsuit Friday seeking to prevent California from counting mail-in ballots from more than 20,000 registered…
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Tesla winds down Cybertruck production as Musk shifts focus to robotaxis
Tesla (NASDAQ: TSLA) is preparing to wind down production of its highly anticipated Cybertruck, marking a major setback for one…
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AI data center stocks drop as Democrats sweep U.S. midterms
Democrats swept the U.S. midterm elections, sparking a selloff in artificial intelligence data center stocks. Investors are bracing for tighter regulatory…
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UK inflation to peak at 4.4% around start of 2027, FT survey shows
British inflation is set to peak at an average 4.4% around the start of 2027, well above official forecasts, a…
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Asian FX rises as dollar slides on U.S. vote, kiwi leads gains; yuan steadies
Asian currencies mostly strengthened on Thursday as the U.S. dollar retreated after Democrats secured majorities in both chambers of Congress,…
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Bitcoin firms to $80.5k as U.S. elections buoy risk appetite, but outlook unclear
Bitcoin rose on Thursday, extending overnight gains after a U.S. Democrat sweep in the midterm elections sparked a broad rally…
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Gold surges past $4,130 as US election sends dollar, Treasury yields tumbling
Gold prices extended their rally on Thursday, climbing above $4,130 an ounce as the Democratic election victory continued to weigh…
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Oil edges higher as mixed U.S.-Iran signals temper peace hopes
Oil prices edged higher in Asian trading on Wednesday as investors weighed mixed signals on the prospects for a U.S.-Iran…
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Bitcoin rises as risk sentiment prevails on Wall Street; midterm elections eyed
Bitcoin on Tuesday erased earlier losses to tick up, as risk sentiment improved on Wall Street amid a rebound in…
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