LVMH Shares Under Pressure as China Slowdown Tests Luxury Demand

MNX has launched futures contracts tied to the future valuations of major private artificial intelligence companies, including OpenAI, Anthropic, DeepSeek and Moonshot. The exchange is entering a market already served by larger crypto platforms, but is positioning its dated contracts as a different structure for hard-to-price private company exposure.

The U.S. dollar strengthened as traders weighed a rally in oil prices, Middle East escalation and renewed inflation risks. Major currency pairs came under pressure, with EUR/USD, GBP/USD and commodity-linked currencies weakening while USD/JPY pushed higher despite intervention concerns.

Natural gas advanced toward the $3.30 area as weather forecasts pointed to a possible demand pickup late in the week. WTI oil gained as traders assessed escalating attacks involving Houthis and Saudi Arabia, while Brent struggled for direction amid profit-taking.