New York Wrap: Platinum jumps 4%, oil tops $94, stocks slip
Platinum led with a 4.27% gain and crude cleared $94 as equities sank across the board. Polkadot dropped 10.5% in a broad crypto pullback.
Platinum led with a 4.27% gain and crude cleared $94 as equities sank across the board. Polkadot dropped 10.5% in a broad crypto pullback.
Platinum surged 4.3% and crude added over 2% while the DAX, CAC and Euro Stoxx 50 all shed more than 1.2%. Polkadot led a crypto pullback.
Tezos, Chainlink and platinum eased against the dollar after the US PPI and Core PPI data landed at 12:30 UTC. Here's how markets reacted.

A descriptive technical read of Platinum (XPTUSD) at 1903.38: trend structure, RSI 63.8, ATR at the 25th percentile, and its position in the 52-week range.
Platinum jumps 4.3% and crude clears $94 while Polkadot sheds 10.5% and equity indices open the day broadly lower. Where majors and crypto stand.
The yen strengthened broadly as JPY crosses fell around 1%, Polkadot led a mixed crypto tape up 8.9%, and platinum added 1.2%.
The yen firmed across every major cross as USDJPY slid to 154.33. Polkadot led crypto up 8.91% while UNI dropped nearly 6%. Platinum and oil pushed higher.
Cardano and Ethereum led a crypto bounce while the Euro Stoxx 50 fell 1.1% and platinum group metals tumbled. Oil extended its weekly gain.

Platinum (XPTUSD) trades at 1716.78, down 2.31% on the session, sitting 13.62% below its 200-day average with subdued ATR and a neutral RSI reading.
US Core Retail Sales m/m lands at 12:30 UTC on Aug 14, forecast 0.2% versus -0.2% prior. What it measures and how USD-linked instruments are trading now.
Platinum and palladium jumped over 6% while crude sank nearly 6% and the Nasdaq 100 led US stocks up 2.9% into the close.
Platinum and palladium jumped over 6% while crude slid almost 6% into the London close. Wall Street indices rallied hard, led by the Nasdaq 100.