"Blockbuster Week" Preview: Fed, ECB, BOJ On Deck, Earnings Avalanche, GDP, PCE

US Sanctions 35 Individuals, Entities To Dismantle Iran's Shadow Banking Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The U.S. Treasury Department on April 28 imposed sanctions on 35 individuals and entities accused of running Iran’s secret shadow banking network. US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House in Washington, on April 15, 2026. Brendan Smialowski/AFP via Getty Images Treasury has accused the network of transferring tens of billions of dollars to help Iran dodge U.S. sanctions and finance terrorism. The...

BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure to rising energy prices. While the decision on Tuesday to keep rates at about 0.75% was in line with market expectations,...

Tesla Made $573 Million Selling To Musk’s Other Companies Last Year Elon Musk’s business empire is becoming increasingly intertwined — and if SpaceX eventually goes public, Wall Street will likely take a much harder look at how money moves across his companies. A newly disclosed filing shows Tesla booked more than $570 million last year from transactions with Musk-controlled companies, according to Insider. That included roughly $430 million from selling Megapack battery systems to xAI and another $143 million — primarily vehicle sales — to SpaceX. Some of those purchases included...