Bitcoin’s safe-haven narrative has been growing in the past week on its relevant resilience, mirroring gold’s price rise, even as bond yields and U.S. equities corrected amid the ongoing tariff wars.
Patient pools of capital are behind BTC's recent rally.
As I write Wednesday mid-afternoon, all three major stocks indexes are up nicely after a flurry of good news this morning. Let’s begin with Trump: The President said that he has “no intention” of firing Federal Reserve Chairman Jerome Powell He appears willing to take a less aggressive approach toward trade with China, saying that his administration’s tariff rate on China is “very high, and it won’t be that high. … No, it won’t be anywhere near that high. It’ll come down substantially. But it wo
(Reuters) -As reverberations from U.S. President Donald Trump's tariffs are felt across markets, investors are increasingly gravitating toward Singapore's high-yield, defensive companies, including telecom firms, pivoting away from old favourites such as banks. Singapore's benchmark index has proved resilient in the face of the back-and-forth tariff salvos, eking out a small gain for the year and faring better than regional peers as investors hunt for safe bets during the market tumult. "Singapore is a high-yield market, which is going to be interesting and defensive in these times," said Kenneth Tang, senior portfolio manager at Nikko Asset Management.
Trump's softer tone on China tariffs and Fed chair Powell sparked a strong relief rally on Wednesday. Stocks, bonds, and the dollar rose.
US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures eased.
Airline company United Airlines Holdings (NASDAQ:UAL) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.4% year on year to $13.21 billion. Its non-GAAP profit of $0.91 per share was 23.8% above analysts’ consensus estimates.
(Bloomberg) -- The US stock market is well past its best days and investors should be prepared to see further declines in the nation’s equities, Treasury bonds as well as the dollar, according to Christopher Wood of Jefferies Financial Group Inc.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo F
The "bear killer" signal in the VIX is rare, flashing during the early pandemic, the 2008 crisis, and the 1987 crash.
ServiceNow shares surged 10% in extended trading on Wednesday after the enterprise software provider posted better-than-expected quarterly results and issued a rosy subscription revenue outlook. Monitor these crucial chart levels.
