📉Global Markets Turn Risk-Off
🔥Risk-off sentiment returned on Tuesday after the U.S. Labor Day holiday. The Japanese yen strengthened against the U.S. dollar, reaching 152.99, its strongest level since February. This has raised concerns that the yen carry trade could unwind, putting more pressure on global markets.
🛢️Bitcoin fell more than 1% in 24 hours, trading just above $78,000, while gold dropped around 1% to $4,390 per ounce. Technology stocks also moved slightly lower before the U.S. market opened. Oil prices continued rising, with Brent near $100 and WTI close to $95. Global bond yields also moved higher #SaudiHaltsSouthernEnergySitesAfterAttacks #YenBreaks155NearingYearHigh #USIranTradeTankerStrikesEscalate $BTC $ETH $SOL
🔥Risk-off sentiment returned on Tuesday after the U.S. Labor Day holiday. The Japanese yen strengthened against the U.S. dollar, reaching 152.99, its strongest level since February. This has raised concerns that the yen carry trade could unwind, putting more pressure on global markets.
🛢️Bitcoin fell more than 1% in 24 hours, trading just above $78,000, while gold dropped around 1% to $4,390 per ounce. Technology stocks also moved slightly lower before the U.S. market opened. Oil prices continued rising, with Brent near $100 and WTI close to $95. Global bond yields also moved higher #SaudiHaltsSouthernEnergySitesAfterAttacks #YenBreaks155NearingYearHigh #USIranTradeTankerStrikesEscalate $BTC $ETH $SOL