The dollar index has climbed as the prospects of a second Donald Trump presidency have risen over the last few days, boosted by President Joe Biden’s faltering debate performance last week as well as the Supreme Court’s ruling on Monday that Trump has some immunity from prosecution over attempts to overturn his 2020 election loss.
U.S. West Texas Intermediate (WTI) crude gave up most of its gains from earlier in the day as the forecast track for Hurricane Beryl continued to aim it away from major offshore production areas in the U.S.-regulated northern Gulf of Mexico.
Bitcoin climbed 0.1% in the past 24 hours to $62,736.2 by 08:28 ET (12:28 GMT). The world’s biggest cryptocurrency was nursing steep losses through June, and remained within a trading range of $60,000 to $70,000 seen through most of the second quarter.
Global Training Solutions Limited and Smartech Future Limited, both in China, as well as Grace Air (Pty) Ltd and Livingston Aerospace Limited of the United Kingdom, were added because of their ties to the Test Flying Academy of South Africa and the training of China’s military forces using Western and North Atlantic Treaty Organization (NATO)…
The case has broken new legal ground in enforcement of international arbitration awards and on cracking sovereign and corporate immunity. The auction is expected to lead to an ownership change of Venezuela’s foreign crown jewel to satisfy $21.3 billion in claims against the South American country.
The dollar index has been hit by the strength of the euro Monday, with the single currency carrying the largest weight in the basket, but it was already on the back foot after Friday’s release of softer than expected inflation data.
Gold prices weakened in Asian trade on Monday, taking limited support from increased expectations of U.S. interest rate cuts as traders awaited more cues from the Federal Reserve and U.S. economy this week.
Bitcoin rose 4% in the past 24 hours to $63,259.0 by 00:57 ET (04:57 GMT). The token also took some support from weakness in the dollar, with the greenback losing some 0.2% on Monday.
In the London market, real estate stocks were among the top gainers with a 1.2% rise after a Nationwide report showed British house prices showed a small gain in June from May but the impact of higher interest rates still weighed on the property market.
