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SCOTT BESSENT
Global Market: Bessent's BOJ comments raise expectations of September rate hike, spark independence concernsUS Treasury Secretary's comments boost expectations for a Bank of Japan rate hike. Market watchers anticipate a potential increase at the S...
US-Iran talks: Rubio says progress made on Strait, nuclear dealUS Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormu...
Yen finds footing after intervention, dollar near 6-week low on Mideast hopesCurrency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dolla...
Treasuries rise as falling oil eases pressure on FedTreasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Ir...
US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle EastMediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation effort...
US Treasury yields fall as oil retreats on Iran deal hopes, Fed hike bets easeOn Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict ...
'Hormuz deal with Iran today' Oil slips below $80 on truce hopeOil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conf...
Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
US hopeful of Hormuz deal within days as diplomacy with Iran gathers paceThe United States expresses hope for a deal with Iran to reopen the Strait of Hormuz soon. Treasury Secretary Scott Bessent indicated talks...
US Treasury Secretary Scott Bessent suggests Federal Reserve should consider raising FIMA liquidity facilityUS Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...
Global Market: US-Japan coordinated yen intervention raises pressure on bears, but BOJ policy holds the keyThe first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearis...
Yen holds gains after Japan, US confirm joint intervention, signal more actionJapan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and...
Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
Japan to announce Tokyo, Washington took joint action on yen: ReportJapan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's...
US officials pressed China on rare earths, farm goods commitments, Bessent saysUS officials urged China to honor commitments on rare earths and agricultural products. These discussions occurred before a potential meeti...
US issues sanctions on support networks for Iran's Mahan Air; India-based sales agent includedThe United States sanctioned six entities and individuals for supporting Mahan Air. These companies acted as general sales agents for the I...
US 'watermarks' found on Chinese AI models: Scott Bessent"We are finding watermarks of our US large language models on many of the Chinese models, and that's unacceptable," Bessent said in an in...