Thursday, November 12, 2026

Nvidia CEO Jensen Huang’s sudden resignation shocked AI markets, dragging down the Nasdaq 100 and S&P 500. Hotter-than-expected US CPI data revived fears of prolonged high Federal Reserve interest rates. This boosted the DXY but triggered selloffs in Gold and Bitcoin. Bitcoin’s decline was worsened by a Democratic midterm sweep stalling the crypto-friendly CLARITY Act. Meanwhile, the UK reported 0.7% Q3 GDP growth, matching Bank of England forecasts and stabilizing the GBP. Brent Crude weakened slightly amid mixed energy markets.

Global markets faced turbulence today. The S&P 500 and Nasdaq 100 plunged following Nvidia CEO Jensen Huang's shock resignation. Hotter-than-expected US inflation data fueled expectations of a December Fed rate hike, pushing the DXY to a 19-month high and driving Gold lower. In Europe, the ECB is projected to deliver a final rate hike in December, while UK GDP grew 0.7%, supporting GBP. Geopolitically, Brent Crude remains pressured by rising OPEC output and Middle East diplomatic efforts. Meanwhile, Bitcoin deepened its recent selloff.

Hotter-than-expected US inflation fueled Fed rate-hike expectations, pushing the DXY to a 19-month high and pressuring Gold and EURUSD. Meanwhile, UK GDP grew 0.7%, supporting the GBP. Middle East geopolitical tensions kept Brent Crude volatile, prompting Turkey's central bank to raise inflation forecasts. In equities, the Nasdaq 100 and S&P 500 rebounded despite Nvidia leadership rumors and China semiconductor export curbs. Bitcoin hovered near $74,000 amid ETF outflows, while Ethereum lagged. The strong dollar continues to weigh broadly on the JPY, CHF, and AUD.

Hotter-than-expected US inflation drove the US Dollar (DXY) to a one-month high, pushing 10-year Treasury yields to 5.01%. This broad USD strength pressured Gold, EUR, CHF, and JPY. Despite strong UK Q3 GDP data, GBP/USD declined. Bitcoin retreated to $73,500 as tech sector unease and reduced Fed rate-cut bets weighed on risk assets, impacting indices like the S&P 500 and Nasdaq 100. Meanwhile, Brent Crude surged to $93 per barrel amid escalating Iran nuclear tensions and Strait of Hormuz shipping risks, keeping global inflation fears elevated.

Over the past six hours, the US Dollar (DXY) surged to a 19-month high, pressuring the Euro and Yen, as hot inflation data fueled expectations of a December Fed rate hike. US 10-year Treasury yields topped 5.01%. Consequently, Gold plunged below $4,000 per ounce. Brent Crude fell over $1 amid easing Middle East geopolitical tensions. Bitcoin slipped near $73,800, weighed down by tighter monetary policy and AI sector jitters. Meanwhile, US equities, including the S&P 500 and Nasdaq 100, remained resilient, closing higher.

Hotter-than-expected US CPI data boosted the US Dollar (DXY) to a 19-month high, cementing expectations for a December Fed rate hike. This pressured Gold and Silver, with Gold hitting a one-week low. Bitcoin slipped below $73,000 amid the hawkish macro backdrop and MicroStrategy's MSCI index removal. Meanwhile, China's PBOC pledged further loose monetary policy to support domestic demand, impacting the China A50 and ASX 200. Equities (S&P 500, DAX 40) face headwinds from rising yields, while stalled US-Iran talks keep Brent Crude volatile amid elevated geopolitical tensions.

Hotter-than-expected US October inflation data has fueled expectations of a December Fed rate hike, driving Treasury yields higher and strengthening the US Dollar (DXY). Consequently, major equities like the S&P 500, Dow Jones 30, and Nasdaq 100 retreated. The surging greenback pressured major forex pairs, sending EURUSD to 1.1100 and GBPUSD to 1.3270, while Gold and Silver faced heavy selling. In crypto, Bitcoin tested $72,700 and Ethereum dropped amid ETF outflows. Meanwhile, Brent Crude rebounded to $88 per barrel despite slightly cooling Middle East geopolitical tensions.

Global markets face volatility amid central bank hawkishness and geopolitical risks. The ECB signaled a likely December rate hike to combat inflation, while strong US CPI data sparked fears of Fed over-tightening, pushing 2-year Treasury yields to 4.75%. The BOJ is also expected to raise rates by year-end to defend the Yen. In commodities, escalating Middle East tensions and Houthi attacks on Saudi infrastructure threaten Brent Crude supplies. Meanwhile, crypto markets tumbled, with XRP dropping 23% and Bitcoin testing $74K amid ETF outflows and US midterm uncertainty.

Hotter-than-expected US CPI data cemented bets for a December Fed rate hike, boosting the US Dollar (DXY) while pressuring Gold, Bitcoin, and Ethereum. In Asia, China’s PBOC pledged looser monetary policy, lifting the China A50, while the Nikkei 225 and ASX 200 saw tech-driven rebounds. The Japanese Yen weakened broadly, sending USD/JPY to a 10-week high and lifting GBP/JPY. Meanwhile, Brent Crude broke below its 200-day moving average to a two-month low on demand concerns, and Natural Gas slipped. European indices like the DAX 40 and CAC 40 await further catalysts.

Hotter-than-expected US October CPI data dominated markets, cementing bets for a December Fed rate hike. This hawkish shift propelled the US Dollar (DXY) and Treasury yields higher, pressuring EUR/USD, GBP/USD, and Gold. USD/JPY surged near 159.00, overshadowing hawkish Bank of Japan signals. Despite tighter monetary policy fears, the S&P 500 and Nasdaq 100 rallied on renewed AI optimism. Brent Crude recovered slightly amid lingering geopolitical tensions. In crypto, Bitcoin climbed above $74,000, while Ethereum struggled near $2,060 amid spot ETF outflows. Global indices saw mixed trading.

Hotter-than-expected US October CPI data drove Treasury yields and the DXY higher, pressuring equities like the S&P 500 and Nasdaq 100. Markets now fully price a hawkish Fed rate hike in December. Consequently, Gold and Silver faced headwinds from rising real yields, while Bitcoin and Ethereum consolidated amid tight liquidity. Brent Crude eased as Middle East geopolitical risk premiums faded. Globally, ECB officials urged patience on rates, weighing on the Euro, while BoJ members remained divided on the pace of future tightening, keeping JPY crosses volatile.