Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
16:33
Rising energy prices are seen as the main driving factor behind the strengthening of the US dollar.
After the United States and Israel attacked Iran, global demand for safe-haven assets surged, and the dollar continued to strengthen. However, rising energy prices may also be a factor in the foreign exchange market. Jake Schurmeier from Harbor Capital pointed out that the United States is a net exporter of energy, so price increases could boost the country's economy, while Europe and Japan are importers and are more likely to face resistance. He stated: "The movement of the dollar is more a reflection of trade terms shocks, rather than necessarily driven by safe-haven demand." Crude oil prices rose by 7%, natural gas prices increased by 4% in the United States and by 45% in the United Kingdom. The Wall Street Journal Dollar Index rose by 0.9%, while the dollar's gains against the euro, yen, and Swiss franc exceeded 1%.
16:31
The European STOXX 600 index provisionally closed down 1.54% at 624.10 points.
Eurozone STOXX 50 index preliminarily closed down 2.22%, at 6002.13 points. FTSE Eurotop 300 index preliminarily closed down 1.53%, at 2490.40 points.
16:26
Rio Tinto Group collaborates with the Canadian government to advance gallium metal research project
格隆汇3月3日|Rio Tinto Group is collaborating with the Canadian government to advance a gallium metal research and development project. Rio Tinto will extract gallium from the alumina refining process in Quebec. The new plant is expected to be operational in 2027. The Canadian government has approved a grant of 18.95 million Canadian dollars for the project. Transitioning to a commercial-scale plant could enable Rio Tinto Group to achieve an annual output of 40 tons.
News