Euro has traded like a haven currency vs the dollar this month

🚨Global economy could slow to 2.3% due to trade tensions - UN trade and development agency

Trump: Japan is coming in today to negotiate tariffs, the cost of military support

The whale NEMORINO.ETH spent 4.802 million USDC to purchase 3079.8 ETH at an average price of $1559, one and a half hours ago, according to Embercn

UOB economist Ho Woei Chen: China’s central bank may frontload its monetary policy easing to stabilize markets, with a near-term prospect of a 100 basis points (bps) cut in banks’ reserve requirement ratio. Chen also expects a 20 bps cut in the 7-day reverse repo rate by the end of the second quarter.

🚨UOB economist Ho Woei Chen: Despite the robust first-quarter GDP, UOB downgrades its full-year GDP growth forecast for China to 4.3% from 4.7%, citing the escalation of US-China tariffs.

CALIFORNIA'S NEWSOM SAYS STATE TO SUE OVER TRUMP'S TARIFFS

Gold had highest YTD return among commodities last week (thru 4/11/25)

🚨Japan's government pension fund says has switched its foreign equities investment benchmark to exclude domestic Chinese shares

Hedge funds/large speculators are net short S&P 500 futures but not in extreme territory

Rest assured, the Fed is not going to allow disorderly UST selling to crash the system. If it needs to step in, it will step in. [worst case scenario]

🚨Republicans reconsider their commitment to tax cuts for the rich in Trump agenda bill - NBC Reporter on X.

S&P 500 Opening Bell Heatmap (Apr. 16, 2025)
SPY -0.89%
QQQ -1.72%

Risk On/Risk Off indicator flashing extreme risk-off level.

🚨YOU ARE NOT BULLISH ENOUGH: DXY down, gold ATH, uncertainty index higher than during Covid, trade war escalating, short term inflation expectations UP, EMs imploding, China easing and dumping USTs to keep the Yuan afloat, EU easing, the Fed about to ease, US sentiment at risk off extreme, stablecoins at ATH, doomsayer loudness ATH. BTFD!

Coinbase Institutional warns of converging signs that suggest 'crypto winter' is coming -source

🚨Fitch Ratings has sharply lowered its forecasts for world growth in response to the severe escalation in the global trade war

US gov spent +15% more on federal salaries in 2025 than it did in 2024, despite DOGE.

CTAs (trend following funds) are aggressively short the USD (-2.5 z-score) while aggressively piling into EUR, GBP & CHF (>2.5 z-score).

Fed’s Hammack: Consumers and businesses have grown more cautious, paused some spending in light of increased uncertainty. If the economy should falter and inflation decline, then it may be appropriate to ease policy by lowering the federal funds rate from its current level of 4-1/4 to 4-1/2 percent, perhaps even quickly.