Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting

Gold dropped $138.60 on Wednesday as a hotter-than-expected May consumer price index (CPI) print erased any safe-haven premium built on Iran escalation fears, sending the metal to its lowest level in months. Gold and Silver Prices on June 10 At 1:08 p.m. EDT, gold bid at $4,120.10 per ounce, down 3.25% on the day. The […]

Bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash?

The divergence between headline and core inflation may delay Fed rate hikes, potentially boosting risk assets like cryptocurrencies. The post Bureau of Labor Statistics reports annual inflation at 4.2% in May, but crypto markets see a silver lining appeared first on Crypto Briefing.

Persistent inflation and geopolitical tensions may hinder economic growth, complicate monetary policy, and impact investment strategies. The post Trump calls 4% inflation data ‘great’, expects drop after Iran war ends appeared first on Crypto Briefing.

BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June.

The Fed's steady rate decision highlights a cautious approach amid inflation and fiscal uncertainties, impacting crypto market volatility. The post Federal Reserve expected to hold rates steady at June meeting, says JPMorgan’s David Kelly appeared first on Crypto Briefing.

The reading likely supports restrictive monetary policy.

The BoC's rate hold amid global uncertainties highlights potential volatility in Canadian markets, impacting inflation, exports, and investment strategies. The post Bank of Canada holds key interest rate at 2.25%, flags US trade uncertainty and Iran war risks appeared first on Crypto Briefing.