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The European luxury sector is facing an unprecedented collective sell-off, caught between Middle Eastern geopolitical conflicts and internal industry pressures. This week, the first-quarter sales data released consecutively by luxury giants Hermès, Kering, and LVMH disappointed the market, leading to sharp declines in stock prices across the sector. Prior to

``` The energy shock triggered by the US-Iran war continues to pass through to the consumer end. US oil retail prices have risen to the highest level for this time of year in history, further pushing up inflation and placing severe pressure on the upcoming summer travel season. According to data

``` The Trump administration is pushing U.S. automakers and other large industrial companies to expand weapons production to replenish quickly depleted ammunition stocks caused by global geopolitical conflicts, a move that harks back to the wartime defense production model of World War II. According to media reports citing informed sources,

``` The long-term risk of the US dollar being overvalued and the uncertainty regarding the outlook of the Middle East conflict are forming a dual test for the market. According to Bloomberg, former IMF chief economist and Harvard University professor Kenneth Rogoff stated that the US dollar is currently overvalued by

``` China's Ministry of Finance is about to issue the largest offshore RMB sovereign bond in over two years in Hong Kong. This move will provide global investors with more RMB-denominated asset options and is seen by the market as an important signal of an accelerated process of RMB

Trump administration’s pressure on the Federal Reserve to cut interest rates is drawing strong criticism from former senior officials. Former Fed Chair and Treasury Secretary Janet Yellen said Tuesday at the HSBC Global Investment Summit in Hong Kong that Trump’s approach—calling for rate cuts to lower government