Oil prices jumped Thursday, with Brent crude briefly moving above $100 a barrel, after reports that Chinese refiners suspended October fuel exports to protect domestic supplies.

JPMorgan Chase CEO Jamie Dimon is calling for a major reset in economic ties between the U.S. and Europe, arguing that closer trade and stronger European economies could reinforce the Western alliance.

U.S. Treasury yields pushed toward multiyear highs Thursday as investors increased bets that the Federal Reserve may need to raise interest rates again.

U.S. Treasury yields moved lower Tuesday, with the benchmark 10-year yield slipping further beneath the 5% threshold as investors awaited fresh guidance from Federal Reserve officials.

The European Central Bank raised its deposit rate by 25 basis points to 2.5%, as a fresh energy shock pushes inflation higher across the euro zone.

The Trump administration is trying to reduce the U.S. battery industry’s reliance on China, but catching up will take far more than government funding.

U.S. stocks moved higher on Thursday as Treasury yields pulled back and investors reassessed the odds of a Federal Reserve rate hike this month.

Kansas City Fed President Jeffrey Schmid said inflation remains too high and “sticky,” signaling that policymakers still have work to do despite uncertainty over the next move in interest rates.

Gold is holding near a more-than-three-month high, supported by a weaker U.S. dollar and plans by the U.S. Treasury to buy back longer-dated government bonds.

Bitcoin and ether surged after President Donald Trump urged Congress to pass the Clarity Act, boosting hopes for a more favorable regulatory backdrop for the crypto industry.