Gold Aug 22 (GC=F)
COMEX - COMEX Delayed price. Currency in USD
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- Reuters
Asian shares suffer painful quarter, dollar in rude health
Asian shares were ending a rough quarter in a sombre mood on Thursday amid fears central banks' cure for inflation will end up sickening the global economy, though it is proving to be a fillip for the safe-haven dollar and government bonds. As policy makers reiterated their commitment to controlling inflation no matter what pain it caused, data on U.S. core prices later in the session should only underline the extent of the challenge. "Inflation can be sticky," warned analysts at ANZ.
- CoinDesk
First Mover Asia: How Traders Are Shorting Tether Stablecoins; Bitcoin Falls but Holds Above $20K
Insights: Hedge funds are betting against USDT amid concerns about the stablecoin's backing and systematic risks. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.
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