US stocks fall as oil surges on renewed US-Iran tensions

The post Euro steadies as Middle East strikes offsets Fed repricing appeared on BitcoinEthereumNews.com. The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391. EUR/USD holds firm as Fed minutes, Hormuz strikes lift USD The US Central Command revealed in a post that “At the direction of the Commander in Chief, US Central Command forces have started conducting additional strikes against Iran to further degrade their ability to threaten freedom of navigation in the Strait of Hormuz.” The markets reacted immediately to the headline, as risk appetite soured, as depicted by US equity markets finishing Wednesday’s session with losses. Crude prices are registering a leg up, with Western Texas Intermediate (WTI), the US Oil benchmark, up 3.57% at $74.77. Earlier, the Fede

Escalating US-Iran tensions undermine ceasefire stability, reducing market confidence in diplomatic resolutions and increasing conflict risks. The post US accused of violating Islamabad agreement, escalating Iran tensions appeared first on Crypto Briefing.

AI demand's inflationary impact may prompt tighter Fed policies, affecting economic stability and market expectations for future rates. The post Fed minutes highlight AI demand as new inflation risk appeared first on Crypto Briefing.

The post Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release appeared on BitcoinEthereumNews.com. Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure is not coming from crypto exclusively and is more so attributed to a sharp selloff in semiconductor and AI stocks.  Renewed profit-taking from Samsung sent Asian markets reeling overnight, and military escalation between the US and Iran sent oil up around 5%. As a result, US stocks opened lower, and on Wednesday the Federal Reserve released the minutes from its June meeting, a report traders typically watch closely for clues on the timing of any rate cut.  Currently, markets price roughly a 73% chance the Fed holds rates steady at its next meeting on July 29, but the major takeaway for investors will be how the tone of the minutes frames the Fed’s view on inflation and interest rates.   Bitcoin buyers quickly became sellers  Bitcoi

Geopolitical tensions may disrupt global oil supply and airspace, impacting energy markets and increasing market volatility. The post NASDAQ gains 66 points amid US-Iran tensions over Strait of Hormuz appeared first on Crypto Briefing.

The post Japanese Yen falls as Fed Minutes revive tightening bets appeared on BitcoinEthereumNews.com. The Japanese Yen (JPY) depreciates by over 0.26% against the US Dollar (USD) on Wednesday within familiar levels, as the Federal Reserve’s (Fed) last meeting minutes showed that the majority of participants indicated that “some policy firming would likely be warranted.” The USD/JPY pair trades at 162.54 after bottoming near 162.03. USD/JPY weakens as hawkish Fed minutes lift Dollar and yields Market mood is mixed, following US President Donald Trump’s change of tone, turning more hawkish against Iran’s behavior, threatening to escalate the conflict. This boosted the Greenback as the US Dollar Index (DXY) reclaimed the 101.00 figure. Digging into the US central bank’s minutes, all officials supported leaving rates unchanged and saw a stable labor market. Most participants “preferred” not to use the previous language, pointing to scenarios in which prices would remain elevated due to AI

The explosion in Bandar Abbas may destabilize Iran's regime, affecting leadership confidence and escalating regional tensions. The post Explosion reported in Bandar Abbas amid US-Iran tensions appeared first on Crypto Briefing.

The post Trump Calls Iran “Islamic Republic of Japan” as Oil Surges 5% and Stocks Crash appeared on BitcoinEthereumNews.com. President Donald Trump has told the reporters that the US-Iran ceasefire is now over. “I don’t want to have anything to do with them anymore; they’re scum,” he added. The comments jolted the financial markets around the world. Stocks fell, oil surged, and around $500 billion was wiped out of U.S. stock markets in just a few hours. The remarks also included some unusual verbal errors by Trump, such as referring to Iran as the “Islamic Republic of Japan” while discussing an attack on a U.S. aircraft carrier involving 11 missiles. President Trump said during the NATO Summit that they will probably hit Iran again tonight. Last week, positive news came in from the US-Iran talks. The indirect talks concluded between Iranian and U.S. negotiators and Qatari and Pakistani mediators in Doha, Qatar, with positive progress. But today, all of that progress seems to go in vain