#btc #forex #stocks
The week is over – briefly about the main points.
📊 Forex. Brent rose almost all week on tensions around Hormuz, reaching $89, but fell back to $87 by Thursday – the market switched to weak demand after the IEA and OPEC lowered their forecasts.
📈 US Market. The S&P 500 hit a new all-time high on Thursday and closed at a record 7799, breaking 7800 intraday for the first time – a weak inflation report eased fears of another Fed rate hike. Nasdaq and Dow also gained.
₿ Crypto. $BTC is holding around 64k, $ETH is at 1.9k. Inflows into spot ETFs were uneven in August: Bitcoin experienced outflows in the middle of the week, while Ethereum funds saw inflows during these days.
The week is over – briefly about the main points.
📊 Forex. Brent rose almost all week on tensions around Hormuz, reaching $89, but fell back to $87 by Thursday – the market switched to weak demand after the IEA and OPEC lowered their forecasts.
📈 US Market. The S&P 500 hit a new all-time high on Thursday and closed at a record 7799, breaking 7800 intraday for the first time – a weak inflation report eased fears of another Fed rate hike. Nasdaq and Dow also gained.
₿ Crypto. $BTC is holding around 64k, $ETH is at 1.9k. Inflows into spot ETFs were uneven in August: Bitcoin experienced outflows in the middle of the week, while Ethereum funds saw inflows during these days.