The post Global stocks, dollar, Bitcoin, and gold trade mixed amid rate cut hopes appeared on BitcoinEthereumNews.com.

Traders across the world hit pause Thursday night after a wild rally earlier in the day sent stocks and metals flying. Everyone from New York to Tokyo is now eyeing next week’s rate decision, betting the Federal Reserve is finally ready to cut interest rates. That expectation is what drove Thursday’s gains; soft jobs data and cooling inflation gave Wall Street the green light to price in a shift from Jerome Powell’s team. Futures tied to the Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 barely moved in overnight trading. That calm followed a blowout session where the Dow soared more than 600 points, closing above 46,000 for the first time in history. The S&P 500 added 0.9%, and the Nasdaq Composite finished 0.7% higher. All three closed at record highs, according to data from CNBC. Asian and European traders track U.S. momentum Early Friday numbers in Europe showed a muted but positive mood. Futures linked to the Stoxx 50, FTSE 100, DAX, and CAC 40 all moved about 0.3% higher. But investors in the U.K. got slapped with a zero-growth print for July, following 0.4% growth in June. That stagnation puts more pressure on the Bank of England just days ahead of its own monetary policy meeting. The European Central Bank didn’t change its benchmark rate Thursday, which matched market expectations and kept borrowing costs steady across the eurozone, as Cryptopolitan reported. In Asia, things leaned bullish. Hong Kong’s Hang Seng jumped 1.64%, while mainland China’s CSI 300 edged up 0.19%. Two Chinese tech giants made headlines. Shares of Alibaba and Baidu, both listed in Hong Kong, rallied more than 6% and 10%, after a report from The Information said both companies have started training AI models on their own chips. Alibaba’s chips have been running…

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Filed under: News - @ September 12, 2025 8:26 am