Inflation vs. stimulus

Inflation vs. stimulus

Bitcoin ETFs from Fidelity and Skybridge Capital are under review by the SEC.

  • World stocks were pinned down as investors awaited U.S. data expected to offer clues on inflation, which could spark a scaling back of central banks' giant stimulus packages.
  • The #SEC is now looking at six applications for bitcoin ETFs as investors are waiting for the agency to greenlight the first crypto #ETF in the US.
  • The dollar index traded in a narrow range as the greenback held steady against the euro, lost ground to the British pound and Canadian dollar and gained on the Japanese yen.

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