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Yuan eyes global reserve status as Xi vows to curb risks; onshore yuan gains 0.1% vs USD.
Fitch said India’s budget shows ongoing commitment to macro stability, with FY27 deficit consolidation set to be modest and growth seen at 6.4%. Indian equities edged higher, with the Sensex and Nifty 50 turning positive.
AI bubble fears hit Kospi (-4.6%), oil drops $2+, gold down 1%. Warsh nomination rattles futures.
Data suggests historic crash risk under Trump. Traders eye S&P 500's 20% drop potential, watching for valuation shifts.
Bitcoin’s slide to around $75,200 has pushed Strategy marginally below its average purchase cost, but analysts say the firm faces no forced-selling risk. The main impact is slower bitcoin accumulation as equity fundraising becomes less attractive.
Bitcoin near $76K, down 12% YTD; Ether down 23%. Crypto lost $1.7T. Traders shy from dip, downtrend intact.
China's manufacturing PMI hits 50.3, beating forecasts! A rare bright spot amid slowing growth and debt risks.
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