Dow Jones dips as Warsh Fed nomination sparks uncertainty

• Major indexes edged lower as investors digested Trump’s nomination of Kevin Warsh to succeed Fed Chair Powell in May. • Verizon surged on strong subscriber growth and upbeat 2026 guidance, while American Express fell despite a revenue beat. • Silver plunged over 17% in a dramatic reversal from record highs, triggering profit-taking across precious […]

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Warsh shares the spotlight with central banks

The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen’s (JPY) weakness. The news triggered a sharp US Dollar (USD) sell-off at the beginning […]

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Potential recapitalization in financial sector – MUFG

Unconfirmed reports suggest that China may inject RMB 200 billion into large insurers to bolster their capital buffers, alongside an additional RMB 300 billion into major banks. This move aims to support the banking sector amid downward pressure on net interest margins. The PBoC’s USD/CNY fixing has remained below the 7.0000 level, aided by a […]

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Bitcoin Miner Fees Remain Near Cycle Lows: What Does This Signal?

Bitcoin has slipped below the $83,000 level as selling pressure continues to dominate global markets, extending a correction that has unfolded alongside broader risk-off conditions. Weakness across equities and commodities has weighed on investor sentiment, and Bitcoin has not been immune to this environment. With volatility elevated and liquidity thinning, market participants are increasingly cautious, […]

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