Trump: Pressuring Iran to hand over enriched uranium is 'more for public relations,' and not really necessary.
Trump made another surprising statement: forcing Iran to hand over highly enriched uranium is 'more for public relations,' but he still threatened to 'use bombs' to prevent Iran from getting closer. He also insisted that the United States 'does not need at all' the Strait of Hormuz, and that military actions were helping other countries.
With Powell's term ending, the 'Wash Era' begins at the Federal Reserve! The combination of 'balance sheet reduction and new inflation framework' is gaining momentum, posing a stress test for the U.S. stock market bull run?
If Washio pushes for deleveraging the Fed's balance sheet, it would equate to reducing the central bank’s absorption of long-term U.S. Treasuries and mortgage-backed securities (MBS). The market would need to absorb more duration supply, potentially leading to an increase in term premiums.
Express News | U.S. President Trump: We do not need to secure the Strait of Hormuz; we will no longer exercise excessive patience with Iran. Iran's enriched uranium can be sealed, but I would prefer it to be removed. Obtaining Iran's enriched uranium is more of a public
Silver prices returning to calm? UBS Group: Silver to face triple pressures from the US dollar, tariffs, and narrowing supply-demand gap.
On Thursday, the price of silver futures, which had experienced a surge in the past week, suddenly reversed into a decline. In the previous trading session, it had surged more than 4%, reaching a two-month high.
HSBC: Raised silver price forecasts for this year and next, but narrowing supply gap may limit upside.
① HSBC forecasts the average silver prices for 2026 and 2027 to be $75 and $68 per ounce, respectively, which is higher than the previous projections of $68.25 and $57; ② HSBC maintains a cautious stance on the medium-term outlook for silver and warns that narrowing supply deficits, along with weakening industrial and jewelry demand, will limit the potential for sustained price increases.
Express News | India raises basic customs duty on gold and silver imports from 5% to 10%.