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-Energy & Geopolitics: Oil prices fell slightly as the US and Iran discussed a phased agreement to reopen the Strait of Hormuz. Qatar increased LNG shipments to maintain exports.
Financial Markets: A global bond sell-off stabilized in Asia. The 10-year U.S. Treasury yield rose by about 20 basis points over the past two days.
- Trump-Xi Summit: The meeting between Donald Trump and Xi Jinping was described as "a lot of form but little practical substance." No major announcements on tariffs or artificial intelligence (AI) were made, causing China’s stock market in Hong Kong to fall.
- European Central Bank (ECB) leadership race: The succession race for Christine Lagarde is heating up as ECB board member Isabel Schnabel announced she will leave the bank a year early to join the IMF.
- Security & AI: NATO Secretary General Mark Rutte emphasized that Europe is preparing for hybrid attacks from Russia. In AI, Meta has drawn attention with its personal assistant Muse, while AI competition between the US and China continues, though without concrete cooperation commitments.
- Japanese Yen volatility: The yen showed signs of strengthening due to comments from the US administration and Japanese officials about ending the low-interest-rate policy (Abenomics). However, experts believe this may not be the final stop in the weakening trend, as other central banks (such as the Fed and the ECB) are also tightening monetary policy aggressively.#laxonoong
-Energy & Geopolitics: Oil prices fell slightly as the US and Iran discussed a phased agreement to reopen the Strait of Hormuz. Qatar increased LNG shipments to maintain exports.
Financial Markets: A global bond sell-off stabilized in Asia. The 10-year U.S. Treasury yield rose by about 20 basis points over the past two days.
- Trump-Xi Summit: The meeting between Donald Trump and Xi Jinping was described as "a lot of form but little practical substance." No major announcements on tariffs or artificial intelligence (AI) were made, causing China’s stock market in Hong Kong to fall.
- European Central Bank (ECB) leadership race: The succession race for Christine Lagarde is heating up as ECB board member Isabel Schnabel announced she will leave the bank a year early to join the IMF.
- Security & AI: NATO Secretary General Mark Rutte emphasized that Europe is preparing for hybrid attacks from Russia. In AI, Meta has drawn attention with its personal assistant Muse, while AI competition between the US and China continues, though without concrete cooperation commitments.
- Japanese Yen volatility: The yen showed signs of strengthening due to comments from the US administration and Japanese officials about ending the low-interest-rate policy (Abenomics). However, experts believe this may not be the final stop in the weakening trend, as other central banks (such as the Fed and the ECB) are also tightening monetary policy aggressively.#laxonoong