Bitcoin surges past $114K on short liquidations & trade talk optimism; FOMC looms.
China drops cautious tone as PBOC steps up yuan internationalisation. China’s yuan strategy, shifting from gradualism to assertiveness. PBOC to boost offshore yuan usage, taking advantage of a global environment of dollar skepticism.
China’s factory profits surge, but weak domestic demand clouds sustainability of recovery Strong data may bolster short-term confidence in manufacturing recovery and commodity demand, but momentum could fade without further policy support.
Milei's party wins 40.8% in Argentina elections, easing peso devaluation fears. Investors see path to fiscal sustainability.
Japan's PM Takaichi polls high (74%) amid Trump visit; defense spending to hit 2% GDP.
Argentine assets surge on Milei's election win, easing reform stall fears. Peso gains 4.8% in crypto.
Nexperia's 280% profit surge belies cash-flow risk; chip shortage threatens auto shutdowns. Dutch action sparks supply chain fears.
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