US CPI data pushes Fed rate hike odds higher; Wall Street bounces back
August CPI data kept the Fed on track for a rate hike, pushing Treasury yields higher, while US stocks rebounded.
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August CPI data kept the Fed on track for a rate hike, pushing Treasury yields higher, while US stocks rebounded.
Leopold Aschenbrenner's fund bought call options on AMD, Bloom, CoreWeave, SK Hynix and SanDisk, weeks after a $35 billion loss.
US stocks rallied sharply Friday but major indexes still posted weekly losses after a hot CPI report raised rate hike expectations.
Bitcoin sellers have retaken the short-term advantage as BTC trades near $77,277, below key moving averages, while the broader range remains contested.
Houthi strikes on multiple pumping stations have shut down Saudi Arabia's critical east-west pipeline, cutting off up to 7 million barrels per day.
USDCAD bounced from moving average support but stalled at a descending trendline, setting up a key technical battle for next week.
UniCredit, Italy's second-largest bank, is reportedly considering crypto custody and trading infrastructure.
JPMorgan predicts Fed rate hikes in September and December; market had already priced in 86%.
The Breakwave Tanker Shipping ETF (BWET) has gained 5,100% over the past year, driven by Iran war and shipping disruptions.
The August US budget deficit was $167 billion, well below the $404 billion consensus, after a near-record $432 billion shortfall the prior month.