Welcome to Pro News Weekly!
💵 The US dollar rallies as stronger inflation data pushes Treasury yields higher and fuels expectations of further Fed tightening.
📈 US stocks remain resilient despite the NVIDIA scandal, as strong earnings from AI-related companies and growing data centre investment support the S&P 500.
🪙 Gold reverses its gains, falling under pressure from a stronger dollar, rising yields and inflation concerns.
₿ Bitcoin plunges to its lowest level since August as $2.5 billion flows out of Bitcoin ETFs and renewed market uncertainty weighs on crypto sentiment.
📊 Next week, investors will focus on the Fed meeting minutes, speeches from key officials, and UK, Australian and European economic data. Stay up to date with the latest developments on global markets in Pro News Weekly. Like, share and subscribe! 🔔
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