Key Events This Week: CPI, PCE, ADP, Durable Goods And More

JPMorgan Activates BTC & ETH As Institutional Collateral Via Sentora Research, JPMorgan has officially bridged the gap between "Digital Gold" and "Wholesale Credit."  The activation of direct BTC and ETH collateralization allows institutional giants to finally turn their dormant holdings into immediate USD liquidity without selling a single satoshi. Operating through the Kinexys (formerly Onyx) digital financing platform, the bank now allows institutional clients like hedge funds and corporate treasuries to pledge BTC and ETH for USD-denominated liquidity. Unlike previous years where only ETF-wrapped products were supported, this move enables borrowers to leverage their direct on-chain...

Five Air Force Refueling Planes Struck In Iranian Missile Attack On Saudi Arabia Summary: Five US Air Force refueling planes were struck and damaged on the ground at Prince Sultan air base in Saudi Arabia: WSJ Over 3 million people forcibly displaced by US-Israeli war on Iran: UN Iran reportedly approves Indian government sending two liquefied petroleum tankers through Hormuz Japan-based USS Tripoli and its attached Marines headed toward Middle East WSJ says Pentagon sends Marine expeditionary unit to Middle East. Oil jumps higher Pentagon has just confirms two additional deaths in Thursday's downing of a...

Iranian Missiles Pound Israel Overnight After US Claims Progress On Talks; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey Summary Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israeli officials say chances of a deal remain very low. Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure near Isfahan. Iran reshuffles its security leadership, appointing Mohammad Bagher Zolghadr: he's a former...