Danske Bank says the yen’s rapid depreciation could soon test levels that might prompt official intervention by Japan’s authorities.
Analysts noted that the yen’s slide following Sanae Takaichi’s leadership win, which sparked expectations of looser fiscal and monetary policy, has revived speculation about possible action from the Bank of Japan and the Ministry of Finance to stabilise the currency.
Analysts recalled that when Japan last intervened in 2022–2023, officials under then Vice Finance Minister Masato Kanda considered a roughly 4% two-week yen drop as a trigger. Based on that precedent, the bank estimated a potential intervention threshold for USD/JPY around 154–155.
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Who is going to first to say 154-155 “line in the sand”? Before getting it kicked in their face?
This article was written by Eamonn Sheridan at investinglive.com.
Goldman Sachs says U.S. equities may show some signs of exuberance but stop short of bubble territory, with market gains still supported by solid fundamentals.
The bank noted that while tech valuations remain elevated, the sector’s leading firms are financially robust, and much of the AI-driven growth is concentrated among a handful of dominant players.
Goldman concluded that current valuations are not yet at historic bubble levels, though it advised investors to maintain diversified portfolios given pockets of over-optimism in certain segments.
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Impacts to eye include:
Equities: Suggests room for further gains but highlights need for selectivity within tech.
FX: Reinforces risk-on sentiment while curbing fears of imminent correction.
Rates: Supports moderate growth outlook, reducing urgency for defensive positioning.
This article was written by Eamonn Sheridan at investinglive.com.
The Trump administration has decided not to impose tariffs on generic drugs, narrowing the scope of its ongoing pharmaceutical trade investigation.
The Wall Street Journal carry the report. More:
Officials confirmed that the White House is no longer actively considering Section 232 tariffs on generic pharmaceuticals under the national-security probe initiated earlier this year. The decision follows internal debate over whether to use tariffs to bring drug manufacturing back to the U.S.
President Trump had previously threatened 100% tariffs on name-brand drugs, though he later delayed implementation to allow for negotiations with pharmaceutical companies. Generics—accounting for roughly 90% of all U.S. prescriptions—will be exempt for now, according to White House and Commerce Department spokespeople.
The move marks a major scaling-back of the Commerce Department’s initial investigation, which had targeted both generic and non-generic medicines as well as drug ingredients. It also reverses an earlier campaign pledge to restore production of essential generic drugs to the United States.
This article was written by Eamonn Sheridan at investinglive.com.
Deutsche Bank forecasts that both Bitcoin and gold could become part of central bank reserves by 2030, reflecting a shift in global finance driven by a weaker U.S. dollar and heightened geopolitical uncertainty.
In its report “Gold’s Reign, Bitcoin’s Rise,” the bank highlighted Bitcoin’s standout year, surpassing $125,000 in 2025 so far, and gold’s near 50% gain, with prices reaching $4,000.
Deutsche Bank said central banks may begin to treat Bitcoin as a complementary reserve asset to gold, citing its growing liquidity, strategic relevance, and rising credibility. Both assets, it said, are likely to assume a more structural role in global reserves as governments seek to hedge against inflation, currency risk, and geopolitical instability.
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Potential impacts:
Crypto: Institutional and sovereign adoption expectations may reinforce long-term demand for Bitcoin.
Commodities: Gold’s climb above $4,000 signals enduring appeal as an inflation and geopol hedge.
FX: Highlights ongoing erosion of dollar dominance amid diversification of reserve holdings.
This article was written by Eamonn Sheridan at investinglive.com.
Standard Chartered warned that the rapid growth of U.S. dollar-backed stablecoins could pull as much as $1 trillion in deposits from emerging market banks within the next three years.
Reuters report on the note:
Around 99% of stablecoins are pegged to the dollar, effectively making them digital dollar accounts that appeal to savers in countries prone to currency instability. The bank said people and firms in these markets are likely to shift funds into stablecoin wallets to protect their savings.
Even with new U.S. rules barring compliant issuers from paying yields, Standard Chartered said demand would persist, arguing that “return of capital matters more than return on capital.”
It expects stablecoin holdings in developing economies to rise from $173 billion today to $1.22 trillion by 2028, or about 2% of total deposits across 16 vulnerable countries including Turkey, India, Brazil, South Africa, Egypt, and Pakistan. Policymakers, it warned, face growing risks of capital flight as digital alternatives gain traction.
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This could intensify dollarisation pressures in emerging markets and weaken local currencies
This article was written by Eamonn Sheridan at investinglive.com.
White House Press Secretary statement:
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There are far too many conspiracies. but, if you want another one … this would be perfect cover if there was something wrong with trump that needs checking on.
This article was written by Eamonn Sheridan at investinglive.com.
Canadian Prime Minister Carney says there will some some bilateral deals alongside the USMCA.
Carney was in the US for talks with Trump.
Is this the best they could do?
This article was written by Eamonn Sheridan at investinglive.com.
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