Russia and China discuss resuming the 50 billion cubic meter Power of Siberia 2 pipeline as Middle East energy disruptions heighten supply concerns. Russian President Vladimir Putin and Chinese leader Xi Jinping are set to discuss the long-delayed Power of Siberia 2 gas pi
Wallets tied to venture firm a16z hold 4.92 million HYPE tokens, valued at approximately $183 million, per onchain data. Wallets linked to venture capital firm a16z have accumulated 4.92 million HYPE tokens, worth about $183 million, becoming the sixth-largest holder of th
Safe-haven flows into the USD push USD/CHF higher amid escalating US-Iran tensions and persistent inflation concerns. USD/CHF climbed to 0.7890 in Asian trading, extending gains for a second day as demand for the US Dollar surged. The move follows reports of renewed US thr
Analysts expect Target to report $1.46 EPS and $24.64 billion revenue as CEO Fiddelke aims to reverse a multi-quarter sales slump. Target will release fiscal first-quarter earnings Wednesday, with Wall Street forecasting $1.46 per share and $24.64 billion in revenue. The r
Michael Barr speaks on consumer financial health metrics The Mortgage Bankers' Association will release its mortgage applications index. The index measures applications at mortgage lenders. Federal Reserve Board Governor Michael Barr will speak on consumer
Oil prices edge lower as traders assess conflicting signals from the US administration on potential Iran sanctions relief. West Texas Intermediate crude trades at $103.20, down slightly in Asian hours as investors parse mixed messages from President Trump regarding US poli
BofA shifts yen outlook to neutral, citing structural improvements and potential catalysts for a bullish turn by end-2026. Bank of America has revised its USD/JPY forecast to 152 for end-2026, down from 157, and upgraded its yen view to neutral from bearish. The adjustment
China to purchase 200 Boeing jets and ease rare earth export restrictions China will purchase 200 Boeing jets as part of a trade package with the US. The deal includes reciprocal tariff cuts on $30 billion or more of goods. The US and China will also jointl
The currency pair falls for a second day, slipping below technical levels amid a descending wedge pattern on daily charts. EUR/JPY extended its decline for a second consecutive session, trading around 184.30 during Asian hours on Wednesday. The pair dropped below key movin
US crude inventories drop 9.1 million barrels, extending declines as geopolitical risks bolster near-term price forecasts. US crude oil inventories fell by 9.1 million barrels last week, marking a fifth consecutive decline, according to private survey data. The draw exceed
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