Despite accelerating inflation and possible interest rate increases, the S&P 500 has posted a long weekly winning streak, driven by strong corporate earnings. Can it last?
Geopolitical tensions and inflation concerns may sustain high interest rates, impacting economic growth and financial market stability.
The post US-Iran tensions keep Fed rate cuts unlikely in 2026 amid inflation concerns appeared first on Crypto Briefing.
The post US CPI rises 0.6% in April, bond yields climb amid inflation concerns appeared on BitcoinEthereumNews.com.
Inflation just reminded everyone it’s not done yet. The Bureau of Labor Statistics reported that the Consumer Price Index rose 0.6% in April, coming in hotter than economists expected and pushing year-over-year inflation to 3.8%, the highest reading since May 2023. The numbers behind the spike That annual rate climbed from 3.3% in March to 3.8% in April. April’s 0.6% monthly increase represents a deceleration from March’s 0.9% jump. Energy was the primary culprit. Energy prices surged 3.8% in April alone, accounting for more than 40% of the entire monthly CPI increase. Shelter costs, the single largest component of the CPI basket, continued their stubborn march higher. Food prices also posted moderate increases. Core CPI, which strips out volatile food and energy prices, rose 0.4% month over month. On a year-over-year basis, core inflation stands at 2.8%. Why crypto inves
The post US stock market reels lower as Treasury yields soar appeared on BitcoinEthereumNews.com.
The US Treasury market is rearing its head once again on Friday, this time causing a broad sell-off in US market indices. The NASDAQ Composite opened up close to 1.4% lower, while the S&P 500 and Dow Jones Industrial Average (DJIA) are both off between 0.5% and 1.0%. All three indices sold off much worse in the futures market, so there is reason to believe the indices will fall further as the regular session gets underway. The culprit? Treasury yields. The US 10-year has risen nearly 8 basis points to 4.57%, while the US 30-year yield is up about 1.6% to 5.11%. Many observers are pointing to political instability in the leadership of Prime Minister Kier Starmer in the United Kingdom (UK). Upheaval in his own Labour Party has led to further calls for Starmer to resign, pushing up Gilt yields. On the US side of the ledger, the NY Empire State Manufacturing Index for May came in Friday mornin
Bitcoin's dip highlights its vulnerability to macroeconomic shifts and geopolitical tensions, impacting investor confidence and market stability.
The post Bitcoin falls below $79,000 amid bond yield, inflation concerns appeared first on Crypto Briefing.
Rising inflation and bond yields may shift investor preference towards safer assets, impacting speculative markets like cryptocurrencies.
The post US CPI rises 0.6% in April, bond yields climb amid inflation concerns appeared first on Crypto Briefing.
Rising ECB rates amid geopolitical tensions could trigger inflation control challenges, impacting eurozone growth and financial market stability.
The post European Central Bank rate hikes increasingly likely due to Iran war, says Nagel appeared first on Crypto Briefing.
The post Bitcoin (BTC) Surges Past $82K as Senate Clarity Act Vote Boosts Crypto Sentiment appeared on BitcoinEthereumNews.com.
Quick Overview Bitcoin surged to $82,000 following Senate Banking Committee approval of the Clarity Act with a 15-9 vote BTC subsequently retreated to $81,500 but maintained a 2.5% daily gain Major stock indices including S&P 500 and Nasdaq 100 reached fresh record highs as market risk appetite increased Coinbase jumped 8% and Strategy gained 7% as cryptocurrency-related equities rallied on positive regulatory developments Technical analysts identify $79,400 as critical support level for continued upward momentum toward $84,000–$85,000 Bitcoin experienced a significant rally to $82,000 on Thursday following the Senate Banking Committee’s decision to advance the Clarity Act, a comprehensive digital asset regulatory framework that has been highly anticipated by the cryptocurrency industry. The measure secured bipartisan support with a 15-9 vote, including backin
The post KOSPI Breaks 8,000 For The First Time: A Historic Milestone For South Korea’s Stock Market appeared on BitcoinEthereumNews.com.
KOSPI Breaks 8,000 For The First Time: A Historic Milestone For South Korea’s Stock Market Skip to content
Home Crypto News KOSPI Breaks 8,000 for the First Time: A Historic Milestone for South Korea’s Stock Market
Source: https://bitcoinworld.co.in/kospi-breaks-8000-first-time-milestone/