Overview

• Crude extended losses on supply concerns, with Brent settling at $61.91 and WTI at $58.27 after the IEA signaled inventories are set to rise.
• Bitcoin showed a cautious rebound near $112,000 as spot ETFs posted $102.7 million in net inflows led by Fidelity’s FBTC, following the prior day’s $326.4 million outflow.
• European stocks were mixed, with Paris’s CAC 40 up 1.99% on a luxury surge as LVMH jumped more than 12%, while London and Frankfurt slipped.
• Wall Street closed unevenly as the S&P 500 rose 0.40% and the Nasdaq gained 0.66% while the Dow edged down 0.04%, with trade rhetoric and earnings driving swings.
• The dollar eased slightly against the real to R$5.462 and Brazil’s Ibovespa rose 0.65% as longer-dated rates fell on stronger U.S. rate-cut expectations.