This post was originally published on this site.Key takeaways for investors and traders today Treasury buybacks: Lower bond yields are supporting technology and other growth assets. Semiconductor test: SK Hynix and Samsung are rebounding sharply, but U.S. chip stocks still need to confirm the recovery. Moderna re-rating: MRNA’s 177% surge reflects major new clinical information, not merely a sector rebound. Crypto participation: Bitcoin is nearing $70,000, while Ethereum’s breakout suggests the rally may be broadening. Main risk: The latest FOMC minutes show that higher interest rates remain possible if inflation does not continue falling. At approximately 03:15 ET, regular U.S....

This post was originally published on this site.From overnight: Trump vows crushing new economic operation against Iran, warns allies The threat by Trump pretty much underscores that we are still nowhere near any deal between the two sides. And after trying to brute force his way to getting Iran to concede, Trump is now having to find a different way of achieving that goal. But considering how US sanctions have not worked in the past, I’m not sure how much more they can push the issue from an economic perspective. So, we’ll see. In any case, Iran remains unfazed with foreign...