Worldwide Financial News

On Sunday (21st), delegations from the United States and Iran held technical-level talks in Switzerland. According to related reports, tensions unexpectedly emerged on the first day of the talks. As the U.S. President once again issued threats against Iran, the Iranian side strongly protested, causing the negotiations to be temporarily suspended. The latest developments have

Kevin Warsh, the new chairman of the Federal Reserve, has sent a clear signal that he will carry out sweeping reforms and is not as “dovish” as the market had expected. This is undoubtedly terrible news for large technology companies. The new chairman, known for his terse style, has refrained from publishing his own dot

Evan Greenberg, CEO of Chubb, expects shipping traffic through the Strait of Hormuz to gradually increase, but risks remain. He said, “We are now talking about a war-zone-like environment. Currently, there is only one narrow channel available for passage, so the number of vessels entering and exiting is limited. The navy has been working to

JPMorgan expects AI hyperscale data center operators to invest approximately $5.5 trillion by 2030, an increase of $400 billion from its previous forecast. Of this total, about $4.1 trillion is expected to come from debt financing, indicating that these companies will rely on borrowed funds to cover a larger proportion of their expenditures. The bank

• Wells Fargo recently raised its S&P 500 index target for end-2026 to 7,950 from 7,300. • The upward revision is attributed to stronger corporate earnings, an interim U.S.-Iran agreement that eased macroeconomic risks, and a recent market pullback that reshaped investor sentiment. • The new target implies the S&P 500 still has nearly 6%

Gold remains in a broad consolidation phase as investors await greater clarity on interest rates and inflation, but the long-term bullish thesis remains intact. Analysts note concerns over currency devaluation, potentially lower real interest rates, and, most importantly, the possibility that central banks may accelerate gold purchases again after this year’s economic slowdown. June 17

Global investors are flocking to the U.S. dollar, betting that the artificial intelligence boom will help the world’s largest economy perform strongly this year and force the Federal Reserve to keep interest rates high. According to data from the Commodity Futures Trading Commission (CFTC), bullish bets on the dollar rose last week to their highest

① Yann LeCun stated that Elon Musk’s xAI has become a “failure case,” with the departure of its founding team making it difficult to attract top AI talent and challenging to compete with OpenAI and Anthropic. ② He warned that AI service costs remain high, and user payments are insufficient to cover losses. If prices

The International Energy Agency (IEA) expects that despite the anticipated signing of a memorandum of understanding between the United States and Iran this week, a full restoration of traffic through the Strait of Hormuz — a globally critical energy transport artery — will still take several months. The IEA projects that global oil demand will

On the 20th local time, Los Angeles Mayor Karen Bass issued a statement saying that, as a large commercial warehouse fire in the city continues to burn, the city has declared a local state of emergency to ensure it has the resources needed in the coming days to continue efforts to extinguish the large warehouse