Bitcoin Slides to 11-Day Low as Iran Tensions Rattle Markets
Bitcoin fell 0.8% to $62,850, hitting an 11-day low, as escalating U.S.-Iran tensions, blockade threats, and new sanctions dampen risk sentiment across markets.
Market context
Follow the story. See which markets it affects. Explore the context.
Bitcoin fell 0.8% to $62,850, hitting an 11-day low, as escalating U.S.-Iran tensions, blockade threats, and new sanctions dampen risk sentiment across markets.
BP sells U.S. biogas unit Archaea, pivoting back to fossil fuels under new CEO Meg O'Neill. Q2 profit surged to $5.73B on trading gains and higher oil prices amid Middle East tensions, aiding debt re…
US equity indexes decline as energy prices surge amid Iran tensions, raising inflation concerns. Retailers report mixed results; Walmart, Target, and TJX earnings pending. S&P 500 posts strong Q1 ear…
S&P 500 fell 1.2% Friday amid Iran conflict concerns, inflation worries, and elevated interest rate expectations. Tech sector profit-taking pressured stocks, though Microsoft gained 4% on Pershing Sq…
US stocks fell sharply Friday as rising Treasury yields, persistent inflation, and escalating energy prices pressured markets. The Dow dropped 0.8%, S&P 500 fell 1.13%, and Nasdaq slid 1.58% after re…
Indian rupee faces headwinds despite gold tariff hike to 15%. Rising U.S. inflation, elevated oil prices near $107, and geopolitical tensions limit support for the currency.
WTI crude rallies to 1-week highs as Strait of Hormuz closure tightens supplies, EIA inventories fall sharply, and US-Iran tensions escalate. Stronger dollar limits upside gains.
USDCAD rises as the Canadian dollar weakens to a December low driven by geopolitical tensions, hawkish Fed expectations, and surging energy prices boosting the US dollar.
Middle East conflict drives higher energy prices, prompting global central banks to tighten policy while the Fed remains cautious, boosting euro, yen, and sterling versus the dollar in the short term.
Dollar weakens as energy prices surge amid Middle East conflict, prompting other central banks to signal rate hikes while the Fed maintains a cautious pause, lifting euro and sterling against the gre…
EURUSD weakened amid rising energy prices and hawkish ECB rate hike expectations, driven by geopolitical tensions and central banks' shift towards tighter monetary policies to combat inflation withou…
Rising Middle East tensions and hawkish Fed comments propel oil prices higher and strengthen the US dollar, increasing stagflation risks and suppressing expectations for further rate cuts in 2023.
The US dollar gains amid Middle East tensions, pushing EURUSD to a 7.5-month low as rising oil prices hurt energy-dependent economies like the eurozone and Japan, prompting potential central bank tig…
The euro fell below $1.15 amid broad US dollar strength and rising oil prices, fueled by Middle East tensions and expected ECB rate hikes to combat inflation pressures.
GBPUSD weakens to $1.33 amid Middle East conflict concerns and rising inflation, reducing chances of a Bank of England rate cut and suggesting a hawkish BoE stance.
EURUSD weakens to near January lows amid heightened Middle East conflict and inflation fears, boosting ECB tightening bets.
EURUSD weakens near January lows as Middle East conflict and rising energy prices raise inflation risks, boosting ECB tightening expectations.
Euro weakens amid surging energy prices and Middle East conflict concerns, while US dollar retreats on improved risk sentiment; pound slightly higher but pressured by rising UK inflation; Bitcoin rec…