Global Market Live News
Global financial markets are moving rapidly as economic data and geopolitical events unfold. CoinEdition’s Global Market Live coverage delivers real-time updates on digital assets, along with stocks, oil, and economic data, with a primary focus on digital assets. It tracks key developments influencing the crypto market, including central bank decisions, inflation data, and global risk sentiment. CoinEdition helps you follow not just the headlines, but the bigger picture driving volatility and opportunity across global markets.
Gold, Silver Surge After Duty Hike
India saw domestic gold futures jump 6.34% to ₹1.63 lakh per 10 grams, while silver surged nearly 7% toward ₹3 lakh per kilogram after the government raised bullion import duties from 6% to 15%. Traders said the move aims to curb imports and ease pressure on India’s current account deficit amid elevated oil prices and geopolitical tensions.
Trump and Xi Set for High-Stakes Beijing Summit
Trump and Xi are set to meet in Beijing for critical discussions on trade, Taiwan, AI competition and the ongoing Iran crisis.
XRP Surpasses Bitcoin and Ethereum in Korea
XRP recorded higher trading volumes than Bitcoin and Ethereum on major South Korean crypto exchanges amid renewed retail demand.
Trump Dismisses Inflation Concerns
Donald Trump said Americans’ financial struggles are not influencing his stance on Iran, even as US inflation rose 3.8% in April and gasoline prices climbed 28.4% year-over-year. Trump said preventing Tehran from obtaining a nuclear weapon remains his sole priority despite the conflict adding pressure to fuel and food costs.
Samsung Shares Hit by Labor Dispute
Samsung Electronics lost as much as $66 billion in market value after wage talks with its largest labor union collapsed, raising the threat of an 18-day strike starting May 21 involving more than 41,000 workers. The standoff comes as Samsung tries to strengthen its position in the AI memory chip market against rivals benefiting from surging demand linked to Nvidia processors.
Asian Stocks Slip on Iran, Inflation
Asian markets fell on Wednesday as stalled US-Iran talks and hotter-than-expected US inflation weighed on investor sentiment. Rising oil prices linked to the Strait of Hormuz disruption added pressure across equities, while traders reduced expectations for Federal Reserve rate cuts and increased bets on a potential hike later this year.
US Stocks Lose $300B After Hot CPI Report
US stocks fell after April inflation hit 3.8%, pushing markets to price in greater odds of future Federal Reserve rate hikes.
JPMorgan Expands Blockchain Into Repo Market
JPMorgan is pushing deeper into blockchain-based finance by exploring tokenized transactions in the $13 trillion US repo market.
Indonesian Rupiah Hits Record Low Against Dollar
Indonesia’s rupiah weakened past 17,500 per US dollar for the first time as US-Iran tensions and rising oil prices pressured emerging market currencies.
eBay Rejects GameStop Takeover Bid
eBay turned down GameStop’s proposed acquisition attempt, rejecting the company’s offer to buy the ecommerce platform in a massive deal.