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  • Mar 02, 2025

Trump flags crypto reserve, mum on funding

It's been a bumper day for crypto fans after President Donald Trump took to social media to announce a proposed reserve of digital assets would include bitcoin, ether, XRP, solana and cardano. Bitcoin is up around 10% while ether jumped 13% before easing back a touch as details of how the fund would work are not clear yet and, presumably, will be outlined at Friday's White House Crypto Summit. Analysts are wondering exactly how the reserve will be funded given the government has $36 trillion of debt, so borrowing to buy crypto would seem a tough sell.

  • Mar 02, 2025

Investors are scouring emerging markets for Trump-proof bets

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Globa

  • Mar 02, 2025

Oil prices stable as tariff and Ukraine uncertainty dominates sentiment

Oil prices were little changed on Monday after registering a monthly loss for the first time since November, while investors await the outcome of efforts to end the Russia-Ukraine war and repercussions from U.S. tariffs. Brent crude rose 31 cents, or 0.43%, to $73.12 a barrel by 1403 GMT, while U.S. West Texas Intermediate crude was up 25 cents, or 0.36%, at $70.01. Ukrainian President Volodymyr Zelenskiy said on Sunday that he believed he could salvage his relationship with U.S. President Donald Trump.

  • Mar 02, 2025

Bitcoin jumps 20% after Trump hints at new strategic reserve

SINGAPORE (Reuters) -Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies, including bitcoin, ether, XRP, solana and cardano. Ether was also up 20% from Friday's lows to $2,351, a 7% drop from Sunday's closing levels.

  • Mar 02, 2025

US Jobs Report to Offer Clues on Hiring Momentum

(Bloomberg) -- US employers probably added jobs at a moderate pace in February at a time of federal government layoffs and a consumer spending slowdown. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record DelaysPayrolls r

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