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SCOTT BESSENT MEETING
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...- Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...
- Japan bond yields mixed after relatively weak 5-year auctionJapanese government bond yields showed mixed movements on Tuesday, with a weaker-than-expected auction for 5-year bonds. Yields on shorter ...
- Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
- US Stock Market: Trump backs Fed Chair Warsh after rate hold, softens tone on monetary policyUS President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central...
- US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
- View: US-India relations need more than Trump calls and warm wordsMarco Rubio's visit aimed to mend US-India ties, emphasizing strategic importance amid political challenges. While progress was noted in ar...
- 'Very close': JD Vance says US nears agreement on Strait of Hormuz, Iran nuclear setbackUS Vice President JD Vance said Washington is "very close" to achieving a broader strategic agreement in West Asia, asserting that recent U...
- Treasury officials moot $250 note featuring Trump: ReportAmerica may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials ...
- Iran-US war restarted? Tensions rise as Washington, Tehran resume attacks amid truce talks: Check key developmentsFresh US strikes targeted Iran's drone control center near Bandar Abbas after Iranian forces fired on a US tanker in the Strait of Hormuz. ...
- US imposes sanctions on Iranian agency trying to control shipping in the Strait of HormuzThe Trump administration imposed new sanctions on Iran's newly formed agency controlling shipping through the Strait of Hormuz. This econom...
- Trump calls off AI executive order over concern it could weaken US tech edgePresident Trump halted an AI executive order. He feared it would slow America's technological progress. The order aimed to review AI's nati...
- US Stock Market: Bessent downplays inflation fears despite energy price surgeU.S. Treasury Secretary Scott Bessent downplayed fears of a prolonged inflationary spiral, attributing recent surges in energy prices and b...
- Fed Minutes: More officials warned of rate hike scenarioFederal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policyma...
- US not in hurry to extend China trade truce, Scott Bessent saysU.S. Treasury Secretary Scott Bessent said the Trump administration is “not in a rush” to extend the tariff and critical minerals trade tru...
- G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
- China committed to US on not providing material support to Iran: US trade representativeUS Trade Representative Jamieson Greer said President Donald Trump secured a commitment from China not to provide “material support” to Ira...
- ‘Terrible mistake’ if China takes Taiwan by force; US position unchanged: RubioUS Secretary of State Marco Rubio warned that it would be a “terrible mistake” if China tried to take Taiwan by force, while reiterating th...
- Trump will say more on Taiwan 'in the coming days': US Treasury Secretary Scott BessentUS Treasury Secretary Scott Bessent has hinted that President Donald Trump will soon elaborate on Taiwan's role in U.S.-China relations. As...
- Japan's 10-year bond yield hits 29-year high as market awaits Bessent's remarksJapan's 10-year government bond yield reached a 29-year peak on Tuesday. This occurred despite a stable auction. Investors are keenly await...
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