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``` The two-week ceasefire between the US and Iran is hanging by a thread. Following successive attacks on ships and the detention of freighters in the Gulf region, the Strait of Hormuz has once again been locked down, pushing this fragile agreement to the brink of collapse and sending new shockwaves

The Strait of Hormuz saw a dramatic reversal over one weekend—on Saturday, the number of passing ships surged to nearly a seven-week high, but plummeted on Sunday. This upheaval reflects the sharp escalation of US-Iran tensions ahead of the ceasefire agreement deadline. According to media citing the shipping data

``` On Monday, the U.S. Customs and Border Protection (CBP) officially opened its tariff refund application portal, allowing importers to apply for refunds on Trump-era tariffs that the Supreme Court ruled unconstitutional. However, whether this refund, amounting to possibly hundreds of billions of dollars, will actually return to consumers’ pockets

``` Waller is about to face the long-awaited Federal Reserve Chair confirmation hearing. This moment is fraught with undercurrents: he must show submission to Trump while maintaining the central bank's bottom line amid inflationary pressure—any slip could make him the next scapegoat held accountable by the White House.

Oil prices are sending a disturbing and contradictory signal—prices are falling, but fundamentals are deteriorating. Within just two weeks, physical oil prices plummeted from $144 per barrel, dropping below $100 at Friday’s close. However, in early trading on Monday, prices rebounded sharply, propelled by a series of Trump

At 10 pm Beijing time on Tuesday, the U.S. Senate Banking Committee will hold a hearing on the nomination of Kevin Walsh as Chairman of the Federal Reserve. This is Walsh's first formal occasion on Capitol Hill to systematically outline his monetary policy positions. Notably, Walsh has