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The post Dollar Hits One-Week High on Inflation, Iran Tensions, Trump-Xi Talks appeared on BitcoinEthereumNews.com. US inflation hit 3.8% in April, above forecasts, wiping out all Fed rate cut hopes for 2026. Markets now price a 35% chance of a Fed rate hike in December rather than a cut. Iran ceasefire declared on life support by Trump as oil climbs once again. Three big things are hitting global markets at the same time right now. US inflation came in higher than expected, the Iran ceasefire is falling apart, and markets are bracing for a critical meeting between President Trump and China’s Xi Jinping in Beijing. The result is that the US dollar is getting stronger, Treasury yields are rising, and the chances of the Federal Reserve cutting interest rates this year have essentially dropped to zero. The euro dropped to $1.1735. The British pound slipped to $1.3532. The dollar index, which measures the dollar against a basket of major currencies, held near 98.335, its strongest level in
Read full articlePersistent inflation and geopolitical tensions may lead to prolonged high interest rates, impacting economic growth and financial market stability. The post Fed’s Collins warns inflation to persist, no rate cuts expected through 2026 appeared first on Crypto Briefing.
Trump's visit to China could reshape tech and crypto markets, as geopolitical dynamics influence supply chains and digital asset flows. The post Trump embarks on first US state visit to China since 2017, and crypto markets are watching closely appeared first on Crypto Briefing.
The delay in suspending beef import tariffs highlights the tension between consumer prices and protecting domestic agriculture, impacting market dynamics. The post Trump delays plan to suspend tariffs on imported beef as ranchers push back appeared first on Crypto Briefing.
CENTCOM's blockade enforcement heightens geopolitical tensions, influencing market dynamics and complicating diplomatic negotiations with Iran. The post CENTCOM enforces Hormuz blockade, impacting market expectations appeared first on Crypto Briefing.
The closure exacerbates global oil market volatility, potentially driving prices up and impacting economic stability and energy security worldwide. The post Iran conflict closes Strait of Hormuz, cutting oil supply by 12.8M bpd appeared first on Crypto Briefing.
Nvidia's unprecedented market valuation underscores the growing influence of tech giants in global economic and geopolitical dynamics. The post Nvidia stock reaches all-time high as Jensen Huang joins Trump on China visit appeared first on Crypto Briefing.
The sanctions highlight the US's strategic focus on disrupting Iran's economic networks, potentially straining US-China relations further. The post US government sanctions three individuals, nine companies aiding Iranian oil shipments to China appeared first on Crypto Briefing.
The post US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes appeared on BitcoinEthereumNews.com. US Producer Price Index (PPI) Final Demand jumped 6% in April 2026, the highest reading since January 2023. The print came in well above the 4.9% consensus forecast. The monthly gain hit 1.4%, nearly triple the 0.5% consensus, while core PPI rose 1% on the month. Both headline and core figures now sit at three-year highs. Services Drove the April Surge Final demand services climbed 1.2%, the largest monthly advance since March 2022. The gain accounted for roughly 60% of the headline move, according to the BLS release. PPI 6% YoY, Est. 4.9%PPI 1.4% MoM, Est. 0.5% PPI Core 5.2% YoY, Est. 4.3%PPI Core 1% MoM, Est. 0.3% — Wall St Engine (@wallstengine) May 13, 2026 Trade services margins rose 2.7%, while transportation and warehousing prices jumped 5%. Final demand goods advanced 2%, with energy up 7.8% and gasoline prices climbing 15.6%. The narrowest core measure excludes food,
