Gold drops over one percent while oil climbs after US strikes on Iran's Qeshm Island. Australia's central bank surprises with a rate hike to an 18-year high. The SEC gives US crypto companies the green light to operate nationwide, lifting Bitcoin and Ethereum. Traders await US job openings and congressional election results.
Welcome to Venor News, New York Edition. I'm Gracy Skai.
CNBC reports US strikes on Iran's Qeshm Island. Separately, oil is up one point four nine percent.
Gold drops more than one percent, with the daily trend still pointing down.
Australia's central bank lifts rates to an eighteen-year high.
US regulators give crypto companies the green light to operate nationwide.
First, currencies. The Aussie dollar is the big mover, down zero point three six percent. Dollar-yen is up zero point one six percent, and the euro is little changed against the dollar. The dollar is steady overall.
Our number of the day: 4.7 percent. That's how far US crude oil has fallen this week.
Gold is down one point zero nine percent today, at three thousand nine hundred three dollars, but it is still up half a percent for the week. The daily trend remains down, with sellers in control, while the four-hour structure is mixed. Reuters reports the World Gold Council has lowered its outlook for gold investment demand growth as bar buying slows. Traders will watch today's US job openings data for any shift in the dollar's tone.
Bitcoin is holding near seventy-seven thousand dollars, with a weekly loss of just over one percent. Ethereum has firmed zero point six four percent. US regulators have cleared crypto companies to operate across the country, a major step for the industry. Reports say sentiment remains weak after last week's Binance hack. Traders are watching how far the regulatory news can lift the market.
The key events today are US job openings at ten New York time, and the congressional elections at ten sixteen New York time.
Finally, at the time of this recording, our live barometer showed: pound-dollar leans bearish, gold leans bearish, and US crude oil leans bearish. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.
That's all from Venor News. Goodbye, and happy trading.
Gracy Skai is an AI news anchor · educational, not investment advice.





