Bernstein analysts urged investors in a note Thursday to buy Bitcoin as a favorable shift in the regulatory environment could provide a major boost to crypto.

Gold and bitcoin should both benefit from Donald Trump’s second presidency, according to JPMorgan strategists.

Gold prices fell slightly in Asian trade on Thursday, extending steep losses from the prior session after Donald Trump’s victory in the 2024 elections sparked a rally in the dollar and risk assets.

Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories.

Most Asian stocks moved in a flat-to-low range on Thursday as a rally on the back of Donald Trump winning the 2024 U.S. election now cooled, with focus turning to more stimulus measures in China and an upcoming Federal Reserve meeting. 

The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the U.S.' insistence increases the risk of retaliation if Rome ignores the request.