Taiwan Leader Stopover to Impact China Negotiations Considers Trump Administration; US Has EU Energy Commitment Subjected to Feasibility Scrutiny; Trump Shortens Russia-Ukraine Peace Deadline • The Trump administration is reportedly weighing whether to approve a planned US refueling stopover by Taiwanese President Lai Ching-te next week, for fear of jeopardizing ongoing trade talks with China […]

FX Daily Summary – Markets Cheer Trade Deal • US-EU Trade Deal Boosts SentimentA much-anticipated trade agreement between the US and EU lifts equity futures. The deal includes 15% baseline tariffs and strong commitments to purchase US goods and energy.• Tariff Deadline Pressure EasesWith 1 August tariffs off the table (for now), investors turn attention […]

Tesla Announces San Francisco Robotaxi Service Launch; BofA Warns of Soaring Stock Market Bubble Risk; Global Equity Flows Recover • New orders for U.S.-manufactured capital goods, a key leading indicator of investment, surprisingly fell 0.7% in June, evidencing a retreat in business investment in equipment. The decline suggests that the transitory boost from front-loading activity […]

Markets Hold Steady as Trump Softens Tone on Powell and Rates • US stock futures traded flat early FridayDow Jones, S&P 500, and Nasdaq 100 futures edged up around 0.1 percentTraders are digesting Big Tech earnings and Trump’s surprise Fed visit• Trump toured the Federal Reserve’s 2.5 billion dollar renovation project — the same one […]

Markets Mixed as Google Surges, Tesla Sinks, and Trump Tariffs Stir the Pot • Nasdaq 100 futures rose 0.4%, boosted by strong results from Google-parent Alphabet.• Tesla shares dropped after Q2 earnings missed expectations and CEO Elon Musk warned about “a few rough quarters” due to Trump’s new tax-and-spend package.• President Trump revealed tariff rates […]

Fed Begins Review of Large Bank Capital Rule; Texas Instruments Stock Plunges on Tariff-Induced Demand Fears; China’s June Coal Imports Decline Steeply, Led by Indonesia • The Federal Reserve began a sweeping undertaking on Monday to re-write regulations at banks, as a day-long conference at the Fed focused on simplifying more stringent guidelines established since […]

U.S.–Japan Tariff Deal & Market Reaction • Nikkei 225 surged over 3% after a major U.S.–Japan trade deal was announced.• The U.S. will impose a reduced 15% import duty on Japanese goods—down from the initially threatened 25%.• Steel and aluminum remain subject to higher tariffs despite the new agreement.• Trump claims the deal will create […]

Treasury Chief Bessent Demands Fed Review, Defends Powell’s Term; Fed Officials Emphasize Independence in Face of White House Criticism; US Gasoline Prices May Dip Below $3/Gallon This Summer • US Treasury Secretary Scott Bessent has called for a comprehensive review of the Federal Reserve’s non-monetary policy operations and its headquarters renovation plan, arguing that “mission […]

Markets Hold Breath Ahead of Earnings and Trump’s Trade Deadline • Asia Starts Mixed: Tokyo reopens with gains after PM Ishiba vows to stay in power despite election losses.• Yen Strengthens: JPY rises on political continuity, though sentiment remains fragile.• Wall Street Momentum: S&P closes above 6,300 for the first time; Nasdaq hits another record.• Tariff […]

US Prioritizes Trade Deal Quality Over August 1 Deadline; Treasury Secretary Calls for Fed Review; European Earnings Highlight Tariff Risks; Japan’s PM Ishiba’s Future in Doubt Following Election Backlash • The Trump administration is prioritizing the “quality” of trade deals over the August 1 deadline for new tariffs, US Treasury Secretary Scott Bessent said. He […]