The post Gold sinks 2% as Iran war fuels fresh inflation shock appeared on BitcoinEthereumNews.com.
Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511. XAU/USD slides as yields surge and Fed cuts vanish US Treasury yields are soaring, with the 10-year T-note coupon hitting yearly highs at 4.591%, up 10 basis points and poised to challenge the 2025 high of 4.627%. The Greenback has followed suit, as shown by the US Dollar Index (DXY), which tracks the performance of the American currency against the other six, up 0.33% to 99.19. Overnight news of US President Donald Trump revealing that he’s losing patience with Iran pushed Oil prices higher, amid speculation of a resumption of hostilities. US inflation data released on Tuesday and Wednesday had erased the chances of the Federal Reserv
The interim appointment ensures stability and continuity at the Fed, minimizing market disruptions during the leadership transition period.
The post Jerome Powell named interim Fed Chair until Kevin Warsh takes over appeared first on Crypto Briefing.
Escalating US-Israel military actions against Iran could destabilize the region, reducing peace prospects and increasing retaliatory risks.
The post US, Israel consider military escalation against Iran amid regional tensions appeared first on Crypto Briefing.
Trump's rejection of Iran's proposal heightens Middle East tensions, impacting global energy markets and diplomatic stability.
The post Trump calls Iran’s latest nuclear proposal ‘unacceptable,’ raising stakes for Middle East diplomacy appeared first on Crypto Briefing.
Powell's exit signals a pivotal shift in U.S. monetary policy, with Warsh's nomination potentially altering future economic strategies.
The post Jerome Powell steps down as Fed Chair, spotlight on Kevin Warsh nomination appeared first on Crypto Briefing.
The escalation may hinder diplomatic resolutions, increase regional instability, and impact global geopolitical dynamics significantly.
The post US strikes kill Iran’s Ayatollah Khamenei, escalate tensions appeared first on Crypto Briefing.
The Boeing deal may signal a thaw in U.S.-China relations, potentially paving the way for further diplomatic and trade advancements.
The post China to buy 200 Boeing planes in major US trade deal appeared first on Crypto Briefing.
The post Anthropic warns human-level AI could arrive by 2028 and urges US to tighten export controls on China appeared on BitcoinEthereumNews.com.
A top American artificial intelligence corporation issued a strong warning about Chinese AI growth just as Presidents Donald Trump and Xi Jinping concluded technology collaboration talks in Beijing, resulting in an uncommon gap between industry rhetoric and political reality. The AI company Anthropic put out a research paper on Thursday claiming that machines with human-level intelligence could arrive by 2028. The company called on Washington to keep America ahead of China in developing advanced AI systems. Their paper, called “2028: Two Scenarios for Global AI Leadership,” paints a picture of AI systems soon capable of handling complicated work in science, engineering, and cybersecurity at expert human levels. Anthropic paints two futures for AI leadership Anthropic describes a future with what it calls “a country of geniuses in data cente
The post Iran rejects enriched uranium transfer, citing distrust of US appeared on BitcoinEthereumNews.com.
## Market Snapshot US obtaining Iranian enriched uranium by May 31 is priced at 5.5% YES, down from 6% a day ago. The likelihood of Iran surrendering its uranium stockpile by the end of 2026 is 43.5% YES, a slight decrease from 44% previously. ## Key Takeaways – Iran’s statement appears to decrease the probability of the US obtaining enriched uranium by May 31. – The refusal to transfer uranium suggests a reduced likelihood of Iran surrendering its stockpile by the end of 2026. – Market pricing reflects skepticism about imminent US-Iran uranium agreements. ## Article Body Iran’s Foreign Minister has announced that the transfer of enriched uranium is not currently on the agenda, explicitly stating a lack of trust in the United States. This announcement comes amid ongoing tensions over Iran’s nuclear program, which escalated following the US withdrawal from the Joint Comprehensive