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The Federal Reserve will release the minutes of its March policy meeting at 2 a.m. Beijing time on April 8. Amid heightened Middle East tensions and complex market conditions, the document will reveal officials' assessments of inflation pressures, supply shocks, and their risk balance framework, offering crucial guidance for investors.
Read MoreEleven anonymous addresses have reportedly netted close to $2 million by accurately predicting the timing of a US-Iran ceasefire on prediction market Polymarket. Profits were concentrated in contracts expiring around April, turning early losses into significant gains as the ceasefire materialized.
Read MoreA crypto industry veteran has released alleged historical evidence, reigniting accusations of contract forgery against a prominent exchange founder from over a decade ago. The claims, supported by purported chat logs, counter narratives in a recent memoir, sparking intense debate.
Read MoreOn April 8, the onshore Chinese yuan demonstrated notable strength against the US dollar, closing at 6.8274—a sharp daily gain of 323 basis points. This marks the currency's highest level since mid-February 2023, driven by shifting domestic and international economic dynamics.
Read MoreA refinery in Iran experienced an explosion recently, with the cause still under investigation. The incident highlights safety challenges in energy facilities and may impact the local oil industry. Authorities are conducting thorough checks.
Read MoreU.S. stock futures surged across the board following news of eased tensions between the U.S. and Iran. S&P 500 futures rose 2.5%, Nasdaq 100 futures jumped 3.2%, and Dow Jones futures gained 2.3%, signaling a significant market rebound.
Read MoreThe Israel Defense Forces have announced a suspension of direct military strikes against Iran, while maintaining the highest alert status. This decision marks a pivotal moment in regional tensions, drawing international attention to potential diplomatic shifts and future security developments.
Read MoreCrypto-related stocks surged in US markets, with Robinhood leading gains over 7%, Circle rising nearly 7%, and Strategy and Coinbase also posting strong increases, indicating renewed investor confidence.
Read MoreA broad rally in U.S. tech stocks unfolded in Monday's premarket trading. Chip sector leaders posted standout gains, with key equipment makers jumping over 6%. Major players in EVs, cloud computing, AI, and software also saw robust advances between 3% and 5%, reflecting strong market sentiment.
Read MoreIran's deputy parliament speaker warns that without US acceptance of Tehran's 10-point peace plan, the Supreme Leader will not approve any ceasefire. The status of the Strait of Hormuz will remain unchanged. The plan is reportedly accepted as a negotiation basis, pending formal US presidential approval. Regional ceasefire is in effect, with further talks scheduled in Islamabad.
Read MoreSouth Korean financial authorities have rolled out enhanced withdrawal delay rules for virtual assets. The unified standards target new users and suspicious transactions to prevent telecom fraud proceeds from being moved off exchanges. The move addresses previous regulatory gaps exploited by criminals.
Read MoreUS law firm Gibbs Mura is investigating a potential class action over the $285M Drift Protocol hack. The probe focuses on whether stablecoin issuer Circle failed to freeze over $230M in stolen USDC transferred via its cross-chain protocol, alleging negligence. Affected users are urged to join.
Read MoreFinancial markets have dramatically scaled back expectations for Bank of England rate hikes. Current pricing suggests traders now anticipate only around 30 basis points of tightening in 2024, signaling growing caution over the UK's economic and inflation outlook.
Read MoreIran's Parliament Speaker is leading a delegation to Islamabad on April 10 for crucial Iran-US talks, following an immediate ceasefire agreement covering multiple regional flashpoints. This high-level meeting, facilitated by Pakistan, aims to finalize a comprehensive deal to resolve long-standing disputes.
Read MoreSix leading Swiss banks, including UBS, plan to pilot a digital Swiss franc in 2026. This initiative aims to test the currency's real-world applications in banking and finance, marking a significant step in Switzerland's digital currency evolution.
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