Bitcoin extends rally, 'buy the dip' echoes in big tech [Video]
|Natural gas prices tanked more than 10% after Russia offered to increase gas supply for the winter months, but the offer doesn’t come for free: Russia wants permission on the controversial Nord Stream 2.
US crude is down along with lower nat gas prices, but gold remains unreactive to inflation fears.
In equities, US indices rebounded on strong ADP report and progress on US debt ceiling talk. No one expects the US to default in a week, investors rather have their eyes set on Friday’s NFP figures.
Elsewhere, Bitcoin surges past the $55K mark and we start hearing ‘buy the dip’ echoing across the markets; is it time to buy the dip?
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.