Australia Bank Bitcoin Blockchain Britain Chinese Currency Dollar Donald Trump European Fintech Iran Israel Japan military New Zealand Oil Pandemic Podcast Renminbi Tariff United Kingdom War Washington Yuan
Synopsis Global markets are on edge as oil prices surge, nearing $100 a barrel. This spike fuels inflation fears, prompting central banks to consider aggressive interest rate hikes. The U.S. dollar is strengthening as investors seek safety. Tensions in the Strait of Hormuz add to market volatility. Economists warn of slower global growth. Cryptocurrencies are also experiencing a downturn. The safe-haven U.S. dollar hovered close to its strongest levels this year on Thursday as climbing oil prices threatened to spur inflation and force central banks globally to adopt more hawkish policy stances. The euro fell 0.1% against the greenback to…
News Timeline:
Track the development of this news story across the Internet.