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Bitcoin at 3-month high as Trump odds impact currencies

Cryptocurrency Bitcoin hit a three-month high in early Asian trading on Monday and the dollar looks set to extend gains in markets counting down to the U.S. presidential election in two weeks. Jonathan Raa | Photo only | Getty Images…

The consumer price index is higher than expected. A “nervous” data point?

A worker arranges peaches at a fruit stand at Pike Place Market in Seattle, Washington, USA, on Thursday, July 4, 2024. SeongJoon Cho | Bloomberg | Getty Images This report comes from today's CNBC Daily Open, our international markets newsletter….

Powell hints at further, smaller rate cuts, insists Fed 'not following a predetermined course'

Federal Reserve Chairman Jerome Powell said Monday that the recent half-percentage-point interest rate cut should not be interpreted as a sign that future moves would be equally aggressive, but rather that next moves would be smaller. The central bank chief…