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INTEL: Trump weighing plan to reopen Strait of Hormuz while maintaining Iran port blockade and coordinating with allies to raise costs on Tehran, senior official says
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INTEL: Crypto card spending surges 500% since September 2024 to about $600 million per month, with stablecoin linked cards among the fastest growing segments and Visa capturing roughly 90% of transactions
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INTEL: Japan signals readiness to intervene in crude oil futures to curb currency volatility after stepping into FX markets to support the yen from 160 per dollar, with U.S. officials notified
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INTEL: Tether reports $1.04B Q1 profit and $8.23B surplus backing ~$183B USDT, with ~$141B held in U.S. Treasuries
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INTEL: US manufacturing activity rose to 54.5 in April, topping the 54.0 estimate and prior reading
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INTEL: TRUMP ON IRAN
-NOT SATISFIED WITH LATEST PROPOSAL
-NOT SURE WE'RE GOING TO GET TO A DEAL
-WE'RE NEGOTIATING BY PHONE
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-NOT SATISFIED WITH LATEST PROPOSAL
-NOT SURE WE'RE GOING TO GET TO A DEAL
-WE'RE NEGOTIATING BY PHONE
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INTEL: FED'S KASHKARI SAYS IRAN WAR ALREADY HAVING A BIG IMPACT ON INFLATION, EVEN IF WAR FULLY OVER NOW, SUPPLY CHAINS WILL TAKE MONTHS TO RECOVER, VERY CONCERNED BY DOWNSIDE RISKS
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INTEL: IRANIAN FOREIGN MINISTRY SPOKESPERSON SAYS IRAN'S 14-POINT PLAN IS FOCUSED ON ENDING WAR, NUCLEAR ISSUE HAS NO PLACE IN THESE CLAUSES
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