China Preps For War: Spy Balloon Belies Much Larger Economic Warning Signs

Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...

President Donald Trump told reporters that he believes he will take Cuba. Washington has cut the island off from fuel imports, causing a blackout.  “I do believe I’ll be…having the honor of taking Cuba. That’s a big honor,” Trump said on Monday. “Whether I free it, take it, think I could do anything I want […]

The Department of War is preparing the USS Dwight D. Eisenhower and the USS Theodore Roosevelt aircraft carriers for deployment. The US currently has three aircraft carrier strike groups operating in the Middle East.  On Friday, the Pentagon reported that the Eisenhower “has completed sea trials, marking the successful early completion of its Planned Incremental […]