On June 1, the US Defense Secretary made negative remarks related to China at the 22nd Shangri-La Dialogue, exaggerating the "Chinese military threat". Zhang Xiaogang, a spokesperson for the Ministry of National Defense, said that the Taiwan issue is purely China's internal affairs, and the US has no right to make irresponsible remarks, let alone use it as a bargaining chip to contain China. The Chinese People's Liberation Army will resolutely safeguard national sovereignty and territorial integ...
Q: According to reports, on May 31, US Secretary of Defense Hegseth delivered a speech at the Shangri-La Dialogue in which he played up China's threat and made negative remarks on issues related to Taiwan and the South China Sea. What is China's comment on this? A: Hegseth ignored the calls of regional countries for peace and development, peddled the Cold War mentality of camp confrontation, smeared and attacked China, and played up the "China threat theory", full of provocation and provocation....
Trump once again issued erratic remarks related to trade on social media, and the futures of the three major US stock indexes expanded their losses. The Dow futures are now down 0.5%, and the S & P 500 and Nasdaq 100 index futures are down about 0.7%. Ethereum fell below $2,600 again in the day and is now quoted at $2,590.
In just 100 days, Trump has operated with unpredictable madness: trade disputes, humiliating allies, expansionist rhetoric... alienating the United States from its allies, and destabilizing the world order. Experts warn that this upheaval will be difficult to completely reverse even in the future. Click to view
Canada's ruling Liberal Party has announced that Mark Carney has been elected as its new leader. Carney will replace current Prime Minister Justin Trudeau as Canada's prime minister and form a new cabinet. Previously, Mark Carney retweeted Musk's tweet about bitcoin payments in 2021 and expressed his support, "We need a new payment system that is resilient, high-performing, and carbon-free."
Next week, a number of key Federal Reserve officials will give speeches, as follows: On Tuesday at 17:20, the 2026 FOMC voting committee and Dallas Federal Reserve President Logan delivered a speech. Wednesday at 00:45, Federal Reserve Governor Barr delivered a speech. On Thursday, the 2025 FOMC voting committee and Kansas Federal Reserve President Schmid delivered a speech on economic issues. On Friday at 02:15, the 2026 FOMC voting committee and Cleveland Federal Reserve President Hamak issued...
Federal Reserve Governor Bowman will speak in ten minutes.
The Federal Reserve's official website released the speech of Governor Waller, "Reflections on the Maturing Stablecoin Market". He said that he defines a stablecoin as a digital asset that aims to maintain a stable value relative to a national currency. Like any means of payment, a stablecoin must have: a clear use case and a clear business case to be economically viable. The U.S. dollar is the preferred fiat currency for most stablecoins...
Federal Reserve Governor Paul Waller will speak on stablecoins in ten minutes.
Institutional models of Fed sentiment rate Powell's remarks as slightly hawkish, but in the neutral range. Analysts Jersey and Hoffman said the recent stance of Fed spokespeople suggests that the Fed will maintain a "stand-still" policy stance for the next few meetings, and Powell is unlikely to change that stance. They said: "We are unlikely to gain any new information or insight into the Fed's reactive function from today's congressional testimony, as the Fed is likely to at least...
After Federal Reserve Chairperson Powell's speech, the dollar index DXY showed little short-term volatility and is now trading at 108.15.
Trump addressed the global business and political elite, urging Saudi Arabia and OPEC to lower oil prices to end the Russia-Ukraine conflict, reiterating the use of tariffs to promote the return of manufacturing, and pledging to actively promote interest rate cuts. Click to view...
In his speech, US President Donald Trump said that bitcoin prices have hit record highs in a row, calling the phenomenon "The Trump Effect."
Federal Reserve Governor Bowman will speak in ten minutes.