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Shawn Young, chief analyst at MEXC Research, said that the crypto market is giving Treasury's intervention 'more credit than it deserves.'
We haven't written up this one. The Block has the full story — the link below goes straight to it.
Stock Market, Sensex, Share Market, Nifty LIVE Updates: Crude oil prices surge to near one-month high as US prepares sweeping sanctions on Iran.
TOKYO: Japan's manufacturing sector expanded in August as new orders rose at their fastest pace since January 2018, a business survey showed on Friday.
NEW YORK: Gold held steady on Friday but was on track for a third straight weekly gain, buoyed by a weaker dollar and US Treasury Department efforts to hold down longer-term yields.
SINGAPORE: The dollar was on shaky ground and set for a weekly loss on Friday, as investors viewed the US Treasury's bond buyback gambit as merely a temporary fix, while raising fresh concerns about officials' increasingly interventionist approach.
