London Wrap: Crude rallies as crypto slides
Crude climbed over 2.4% as USOil hit $92.37, while crypto sold off hard β UNIUSD fell 10.23% and Bitcoin Cash 4.58%. The dollar firmed.
Crude climbed over 2.4% as USOil hit $92.37, while crypto sold off hard β UNIUSD fell 10.23% and Bitcoin Cash 4.58%. The dollar firmed.
ECB President Lagarde speaks at 02:10 UTC on 14 October with no data attached, as the euro trades broadly lower, led by EURHKD and EURSGD.
Crypto opens broadly lower with UNI off 10.23% and Bitcoin near 82,828, while oil jumps over 2% and the dollar firms against euro and pound.
Tezos jumped 5.06% to lead altcoins into the US close while crude set the losing tone, UKOil -1.12% and USOil -0.83%. Bitcoin held at $83,330.
Tezos jumped 5.06% and altcoins led the crypto tape as crude slipped into the European close; the Euro Stoxx 50 firmed 0.58% but held weekly losses.
Tezos jumps 5% to lead a broad crypto bounce as FX majors hold flat and crude slips; Hang Seng climbs 2.1% while Bitcoin steadies near $83,300.
A U.S.-heavy calendar: CPI Wednesday, then PPI and retail sales Thursday, with BOE's Bailey and Fed's Warsh speaking Friday. Times UTC.
Crypto took the day's worst beating as UNIUSD fell 10% and altcoins slid broadly, while crude oil surged and European equities closed lower.
Canada's Employment Change lands at 12:30 UTC Friday, with a 6.1K forecast after a 41.7K loss. See how the Canadian dollar crosses are trading.
Crypto opens broadly lower with UNI down 10% and Bitcoin near $81,600, while oil jumps over 2% and the dollar holds steady across the FX majors.
Canada's jobs report at 12:30 UTC headlines the next 24 hours, with employment seen rebounding to +6.1K; US Michigan sentiment surveys follow at 14:00.
Crypto led the US-session selling as Tezos, Polkadot and Uniswap each fell over 7%, platinum and palladium slid hard, and the dollar firmed broadly.