9 godz. temu
Iran war fallout shadows Trump's China summit, with gas and markets in focus
As President Donald Trump heads to China this week to meet Xi Jinping, the Iran war is hanging over the trip and the broader economic outlook. Even if the fighting stopped immediately, U.S. gasoline prices would likely stay elevated for months, complicating Trump's domestic politics and any request for Beijing's help. Markets have pushed higher, but analysts warn prolonged disruption could still pressure stocks, inflation expectations, and borrowing costs.
SPX
SPX-7.56%
9 godz. temu
10 godz. temu
Bitcoin hovers near $81,000 as traders eye April US CPI at 12:30 GMT
Bitcoin traded around $81,000 on Tuesday, holding above key moving averages near $76,700 but meeting resistance at the 200-day EMA around $82,130. Markets are watching the April US CPI release due Tuesday at 12:30 GMT, with forecasts calling for 0.6% monthly and 3.7% annual inflation that could spark volatility in BTC and other risk assets. Spot Bitcoin ETFs saw $27.25 million in inflows on Monday and Strategy added 535 BTC, lifting its holdings to 818,869 BTC.
BTC
BTC-1.40%
10 godz. temu