Stocks, US Dollar, Gold and Crypto

By AI

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  • Stocks: Markets rose tentatively to start the week after the US bombed three nuclear facilities in Iran over the weekend. The rally gained steam in the afternoon after Iran launched a missile strike against a US airbase in Qatar, leaving no US casualties and keeping a path to de-escalation intact.
  • Safe havens: The US dollar rose to its highest level in nearly a month this morning, up from a three-year low last week, as investors sought safety. Meanwhile, gold inched higher despite pressure from a stronger dollar, a sure sign of investor tension.
  • Crypto: Bitcoin fell dangerously close to the key support level of $100,000 before recovering later in the day as traders took a risk-on stance.

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