Market participants increased expectations that the Federal Reserve may maintain a hawkish stance on rates.

Circular deals, private debt, weakened balance sheets, and other trends in AI financing.

The euro slipped against the US dollar but found support near 1.15. Short-term rallies face resistance from the 50-day EMA and a downtrend line, while broader pressure favors the dollar.

Market fears of a dramatic yen-driven crisis are overstated—the real issue is a global dollar liquidity crunch, not a Japanese bond or sovereign crisis.

Growing evidence shows Trump-era tariffs are raising consumer prices, highlighted by the administration’s move to exempt hundreds of food products to ease costs.