Trading Insights

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Macro Snapshot

  • Maritime Trade War: China sanctions Hanwha’s U.S. subsidiaries as retaliatory port fees escalate tensions.
  • Diplomatic Window: U.S. and Chinese leaders expected to meet in South Korea later this month.
  • France Stabilizes (Temporarily): Macron reappoints Lecornu as PM to form technocratic government and pass 2026 budget.
  • U.S. Dollar: Strong despite trade tensions; yield differentials support USD/JPY.
  • Safe-Haven Demand: Gold breaks $4,100 and silver surges above $52 amid geopolitical uncertainty.
  • Crypto Pressure: ETH faces heavy selling, but stablecoin adoption provides a supportive backdrop.