Warburg Pincus says China becoming attractive again after valuation reset.
Shale producers boost efficiency, not drilling, as WTI dips ~15%. Rig count down 39 YoY. $60/bbl WTI signals stagnation.
The White House will block Nvidia from selling its scaled-down AI chips to China, reversing earlier Trump-era signals of possible approval. The move reinforces U.S. export curbs and highlights security concerns over Chinese AI access.
Bitcoin's relief rally stalls; $300B selloff sparks dip debate. Charts suggest caution, year-end highs unlikely.
Burry's $1.1B short on NVDA & PLTR faces headwinds as AI stocks surge. Traders eye his next move.
Trump seek Central Asian rare earth - diversify US supply chains, reduce reliance on China
PBOC sets USD/ CNY reference rate for today at 7.0836 (vs. estimate at 7.1131). And, PBOC drains a net 1.5722 trln yuan for the week via open market operations, the biggest fund withdrawal since Jan 2024.
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