China’s anti-dumping measures against brandies imported from the European Union are “legitimate trade remedy measures”, the commerce ministry said on Wednesday, a day after imposing the temporary curb.
The New Zealand dollar slumped on Wednesday after the country’s central bank cut interest rates by 50 basis points, while the U.S. dollar nudged up against most currencies and hit a new near two-month high on a basket of peers.
Oil extended losses on Wednesday as weak demand and rising U.S. inventories countered the risk of supply disruption from conflict in the Middle East and Hurricane Milton in the United States.
Large holders are acting, as seen by the $15.6 million movement from Binance that was recorded in the transaction metrics. This is an example of dormant coins being brought back into circulation. This could portend a price rally as it frequently corresponds to significant changes in Bitcoin’s price.
U.S. stocks slipped lower Wednesday, handing back some of the previous session’s gains, ahead of more signals on interest rates from the Federal Reserve.
