Global Energy Roundup: Market Talk

The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0658 GMT - Bitcoin stays elevated after reaching an 11-week high overnight after President Trump urged Congress to pass a crypto regulation bill and the U.S. Treasury announced increased buybacks of long-term bonds. Trump asked lawmakers to pass a "fair version of the Clarity Act" which has stalled in the Senate. His commitment to keeping the U.S. ahead in digital assets and openness to considering recommendations around additional government bitcoin accumulation reduce regulatory uncertainty which has constrained institutional participation, Zaye Capital Markets analyst Naeem Aslam says in a note. The Treasury's buyback announcement pushed yields lower, while consecutive bitcoin exchange-traded inflows strengthened institutional demand, he says. Bitcoin rises 1.1% to $69,831 after reaching as high as $69,994 overnight, LSEG data show. (renae.dyer@wsj.com)

0644 GMT - The Swedish krona trades steady against the euro ahead of the Riksbank's policy decision at 0730 GMT. Sweden's central bank is likely to leave its policy rate unchanged at 1.75%, Commerzbank's Antje Praefcke says in a note. Since no sustained easing of the Middle East conflict is in sight and energy prices remain elevated, the Riksbank could reiterate the possibility of future rate rises and wait to see how the situation developments, she says. Until new forecasts are published at the end of September, the Riksbank is under no pressure to act, she says. "All in all, today's interest-rate meeting should be neutral for the krona." The euro trades flat at 11.0158 krona. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

August 20, 2026 02:58 ET (06:58 GMT)