Key TakeawaysBitcoin (BTC) has surged 3.6% to trade at $118,747.48, while Ethereum (ETH) climbed 4.3% to $4,375.18.Gold is holding firm near its recent peak, driven by U.S. shutdown risks and the outlook for Federal Reserve easing.The UK faces a potential hole in its public finances following a productivity downgrade, though Chancellor Reeves is reportedly set to reverse plans for higher business rates for retailers.Japan's government bond market is experiencing declining investor demand for 10-year JGBs am ...

The US government just shut down. Wall Street normally shrugs off shutdowns, but things could be different this week. With the government closed, we won't get Friday's crucial labor market report, and that's a problem because the Fed wants clean labor market data.And it's also coming at a time where the labor market is showing signs of cracking. The stoppage also complicates CPI data collection for the inflation report that's due in just around 2 weeks. And there's one new variable this time.The Trump admin ...

It's not just gold (GC=F) notching a strong quarter as a potential government shutdown looms. Silver futures (SI=F) are up 27% over the past three months, versus gold's more than 15% rise, and roughly 58% year to date compared with the yellow metal's 45%. On Tuesday, gold futures held near record highs above $3,875 an ounce while silver futures traded around $46. The metal was within striking distance of its closing high of $48.70 — just north of $150 in today's dollars — set in January 1980. That was du ...

[Music] All right, good morning everybody. You're taking a look at live shots of the opening bell on a Wall Street on this Tuesday morning. Blue Owl ringing the bell down at the NYSE while Krenetics Pharmaceuticals getting things started up at the NASDAQ market site.Welcome to Opening Bid. Miles in for Brian Sazzy who is on assignment on this the final day of the third quarter. 75% of 2025 will be in the books at the close of business today.If you are behind on your New Year's resolutions, it's too late. Ti ...

Are we in a market bubble. Well, it depends on who you ask. At the moment, AI is the hot trade.Stocks have surged and some valuations look a bit stretched. A bubble happens when prices rise way above what something is actually worth. That's fueled by hype, speculation, maybe even a little bit of FOMO.Everyone piles in until reality hits and the bubble bursts. Think the dot boom. Huge gains, little earnings, and a big old crash that followed.But there are reasons that people think this rally still has legs. ...