Government bond yields, particularly in the Eurozone, climbed Wednesday as escalating U.S.-Iran tensions pushed oil prices higher and investors braced for minutes from the U.S. Federal Reserve.
Cryptocurrency exchange Bybit has launched its "Fiat & Pay Summer Splash" campaign, offering a share of a 25,000 USDT prize pool to incentivize user deposits and payments.
Bitcoin's price rallied, briefly topping $62,000, after a U.S. jobs report came in significantly below expectations, leading investors to scale back bets on further interest rate hikes by the Federal Reserve.
The head of Italian energy major Eni predicts crude prices could surpass the $100 mark by early 2027 if regional conflicts persist, citing dwindling strategic reserves and the need for supply diversification.
Strategy (MSTR) disclosed an $8.32 billion loss on its digital assets for the second quarter in a regulatory filing, and has sold bitcoin to fund preferred stock distributions and bolster its cash reserves.
The British pound traded in a narrow range against the U.S. dollar, which remained supported by investor expectations for a hawkish Federal Reserve despite recent soft jobs data. Markets are focused on Wednesday's FOMC minutes for clues on the policy outlook.
The British pound rose against the U.S. dollar after a much weaker-than-expected U.S. jobs report intensified bets that the Federal Reserve has finished its monetary tightening cycle.
The South African rand was little changed against the U.S. dollar on Monday, with currency markets in a holding pattern ahead of the release of Federal Reserve meeting minutes later this week.
Fitch Ratings affirmed BlackRock TCP Capital Corp.'s 'BB' rating but revised its outlook to Negative, citing persistently high leverage, elevated non-accrual loans, and a weaker asset coverage cushion compared to peers.
