π This week marks the beginning of the earnings season in the United States, starting with major banks. Goldman Sachs will report its earnings on Monday, followed by Citigroup, Wells Fargo, JPMorgan, and BlackRock on Tuesday. Bank of America and Morgan Stanley are set to present their results on Wednesday. The busiest period of this earnings season is anticipated in the final week of April and the first week of May. For more information, visit mt in max.
πΉπΌ Taipei and Beijing are set to strengthen cinematic and communication connections, as Chinese leader Xi Jinping and Taiwanese opposition leader Cheng Li-wun have reached an agreement to promote films that highlight the shared heritage of China and Taiwan. This collaboration seeks to enhance film screenings in both regions. For further information, visit mt in max.
β οΈπΊπΈ The consumer sentiment index in the U.S. has reached a record low as inflation expectations surge, as reported by BBG.
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β΄οΈ According to Lookonchain, Arthur Hayes is still actively acquiring HYPE tokens. Once his purchases are finalized, he is anticipated to declare that the token is on track for a 100x surge. For more information, visit mt in max.
π The foreign exchange market has recently updated its currency values. The US dollar is currently trading at 6.83 against the Chinese yuan (CNY), while its exchange rate with the Russian ruble (RUB) is 80.
πΊπΈ According to the Financial Times, Meta is said to be working on an AI version of Mark Zuckerberg intended to engage with employees. This cutting-edge initiative seeks to improve internal communication within the organization. For more information, click here.
π« In a major development, former President Trump declared that the United States will implement a blockade on ships entering or leaving Iranian ports. This measure is scheduled to take effect on April 13 at 10:00 a.m. Eastern Time. Additional details will be provided as the situation unfolds. For more information, visit mt in max.
β οΈβ΄οΈ According to Certik, hackers are said to have minted 1 billion DOT tokens on the Ethereum mainnet and have successfully sold them. You can find more details here.
π Initially, things were looking promising with inflows into spot BTC ETFs on the rise. However, following Trump's posts on Truth Social, the situation took a turn for the worse. Over the weekend, BTC plummeted by nearly $3,000. By the close of Monday, an outflow from ETFs is expected to be reported. BTC has been stuck in a sideways trading pattern for more than two months. mt in max
π XRP is facing unprecedented FUD, as indicated by Santiment data. For further details, visit mt in max.
β οΈπΊπΈ Former U.S. Secretary of State Antony Blinken indicates that Donald Trump might be feeling overwhelmed by his recent achievements. In recent weeks, Trump has found himself in a challenging predicament that makes it hard for him to progress. mt in max
πΊπΈ Former President Trump posted an image of himself portrayed as Jesus performing miracles on social media. He also shared his concept for a future Trump Tower on the Moon. You can find more details here.
π«π’ Current traffic in the Strait of Hormuz is restricted to vessels authorized by Iran. At 5:00 p.m. Moscow time today, the U.S. will begin a maritime blockade against Iran. As a result, traffic could potentially come to a halt if Iran opposes these U.S. actions. The U.S. Navy has indicated that navigation for ships passing through non-Iranian ports will not be limited; however, a confrontation could lead to the closure of the strait. The Trump administration is concerned that the IRGC may attempt to breach the blockade seeking concessions from Washington, according to reports from WAPO. mt in max.
π₯πΊπΈ U.S. stocks experienced a significant rally as the S&P 500 recovered all of its recent losses tied to the blockade. mt Π² max
π SpaceX IPO Set to Break Records: Expected in June, SpaceX's IPO is projected to achieve a valuation of over $2 trillion, making it the largest IPO in history by a substantial margin. For more information, visit mt in max.
π₯ The Nasdaq 100 has regained all its losses that occurred following the start of the U.S.-Iran conflict. mt in max
π In the foreign exchange market, the US dollar is currently valued at 6.82 Chinese yuan. Additionally, the exchange rate for the Russian ruble is 79.4 per US dollar.
πβ¨ Bitcoin (BTC) has skyrocketed past $74,000, approaching the local highs seen in March. In the meantime, the S&P 500, Nasdaq 100, and Russell 2000 have fully regained all losses incurred since the beginning of the US-Iran conflict. For further information, check out mt in max.
π’πΊπΈ U.S. Energy Secretary Chris Wright has stated that gasoline prices in the United States are expected to keep increasing over the next few weeks until safe shipping operations through the Strait of Hormuz are reestablished. mt in max
π·πΊ The IMF predicts that Russian inflation will decline to 5.6% by 2026. mt Π² max
π₯ In a recent social media post, former President Trump slammed the UK's energy policies, describing it as a "tragedy" that the nation isn't tapping into its North Sea oil reserves. He pointed out Europe's energy demands and remarked that Norway is benefiting from selling North Sea oil to Britain at high prices. Trump encouraged the UK, which he claimed is in a better position than Norway regarding the North Sea coast, to "DRILL, BABY, DRILL!!!" while dismissing the use of windmills. For more information, click here.