Here it is. Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks. In his first 24 hours back in Washington, Donald
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DXY is holding but looks vulnerable to more pullback. AUD the opposite. CNY pumped and dumped on tariff talk. Oil is offering hope to risk. All commods were whacked on Trump’s 10% China tariff threat. Big miners too. EM stocks are caput. Junk is still stuck. Yields are sticky. Stocks heading for new ATH. Goldman
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Trump's Message BACKFIRES As Russia And China Get Closer Xi
Wall Street advanced once more although the broader S&P500 just missed out on making a new high with tech stocks again leading the way. European bourses were somewhat mixed on the periphery but also performed well. The USD is now trying to get out of its weak short term cycle against the major currency pairs
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What are Biden's Pardons Shielding His Family Members From?
The Washington Post earlier reported that Hunter Biden and James Biden were paid about $4.8 million over the course of 14 months by Chinese Communist Party-linked businesses with which they were involved.
One of the Trump Administration’s first acts upon taking the US Presidential Office was to declare a “national energy emergency”. “We need a reliable, diversified, and affordable supply of energy to drive our Nation’s manufacturing, transportation, agriculture, and defense industries, and to sustain the basics of modern life and military preparedness”, the executive order reads.
US President Donald Trump will try to make good on his promise to quickly end the conflict in Ukraine, but not at the cost of Kiev’s complete capitulation to Moscow, Dmitry Suslov, a member of the Russian Council on Foreign and Defense Policy, has told RT.
Energy prices have skyrocketed across the EU due to the disruption of cheap supplies from Russia, European Commission chief Ursula von der Leyen has said.
A by-election is incoming for the NSW north coast state seat of Port Macquarie.
This seat had previously been a safe Nationals seat, although it had fallen into independent hands in the 2000s. This changed in 2000, when sitting MP Leslie Williams quit the party over a dispute between the Coalition parties over koala laws, and joined the Liberal Party.
Williams was re-elected as a Liberal in 2023, despite a strong challenge from the local mayor as the Nationals candidate.
Israel's military chief has resigned, saying he recognised his responsibility for its failure on 7 October 2023, when the Palestinian armed group Hamas carried out a deadly attack on the country that triggered the Gaza war.
A lot of regional internal news are moving Asian stock markets instead of the usual macro newsfront with mainland Chinese shares off sharply while traders await the latest BOJ decision as wage and labour concerns mount. The USD is still suffering from post-Trumpian volatility which had been centered around Yen although as other undollars continue
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