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Cryptocurrencies Can Destabilize Nations, Hillary Clinton Warns

Former Democratic presidential candidate Hillary Clinton took a swipe at cryptocurrencies, saying they have the power to weaken entire countries eventually.

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U.S. Futures, Most Asian Stocks Rise; Crude Climbs: Markets Wrap

U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.

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Dollar takes a breather, edges back from 16-month peak

The dollar edged back from a 16-month high on Thursday as traders assessed whether the U.S. currency’s recent surge, fueled by diverging central bank tightening expectations amid surging inflation around the globe, had gone too far.

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Stocks rise led by tech shares as Nvidia soars

U.S. stocks rose after Nvidia, the world’s most valuable chipmaker, reported better-than-expected third-quarter results and gave a positive outlook.

Dow futures rose 24 points, or 0.07%. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.5%.

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Oil at six-week low as China readies crude oil reserve release

Oil prices slid to six-week lows on Thursday as China said it was moving to release strategic reserves after a Reuters report that the United States was asking large consuming nations to consider a coordinated stockpile release to lower prices.

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With $31 Million, Could This Crypto Group Buy a Copy of the U.S. Constitution?

A loosely-organized group of crypto investors is raising money from people on the internet to buy a copy of the U.S. Constitution when it goes up for auction on Thursday at Sotheby’s.

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European markets head for flat open after inflation data hit sentiment

European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook.

The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CC 40 down 3 points at 7,155 and Italy’s FTSE MIB 10 points lower at 27,651, according to data from IG.

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U.S. sanctions will still have an impact despite the rise of crypto, Treasury’s Adeyemo says

U.S. Deputy Treasury Secretary Wally Adeyemo said that the dollar will continue to be the world’s dominant currency despite increasing interest in cryptocurrencies.

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Gold subdued as dollar strength dims appeal

Gold prices edged up on Wednesday but hovered close to recent lows, with a strong U.S. dollar taking some of the precious metal’s shine away.

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Asia Stocks Fall as Dollar Stays at One-Year High: Markets Wrap

Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields.

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