Jerry Lin
The Latest
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Israel Targeted and Destroyed Secret Iranian Nuclear Research Facility in October Strike
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. 
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. -
Yen Weakens as Market Awaits Signals of December Rate Hike from Japan’s Central Bank
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. 
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. -
Oil Prices Edge Higher Amid Mixed Market Signals and Surplus Concerns
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds. 
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds. -
US Wholesale Prices Show Moderate Rise as Markets Eye Fed's Next Move Amid Post-Election Uncertainty
Wholesale prices in the United States ticked higher in October, with the producer price index (PPI) rising 0.2% from the previous month, aligning with market expectations, according to the Bureau of Labor Statistics' latest report released on Thursday. The uptick, which follows a 0.1% increase in September, highlights the ongoing but moderating inflationary pressures within the American economy as markets and policymakers alike brace for potential implications under the incoming Trump administration. 
Wholesale prices in the United States ticked higher in October, with the producer price index (PPI) rising 0.2% from the previous month, aligning with market expectations, according to the Bureau of Labor Statistics' latest report released on Thursday. The uptick, which follows a 0.1% increase in September, highlights the ongoing but moderating inflationary pressures within the American economy as markets and policymakers alike brace for potential implications under the incoming Trump administration. -
Bitcoin Hits Record High Above $93,000 as Traders Assess Inflation and Postelection Gains
Bitcoin soared to a record high of over $93,000 on Wednesday as investors assessed new inflation data and postelection market dynamics. The flagship cryptocurrency traded as high as $93,469.08 before settling slightly lower, marking a more than 3% gain on the day and solidifying its status as a leading asset in the ongoing risk rally. This recent surge comes in the wake of October's consumer price index (CPI) report, which revealed a 0.2% monthly increase and a 12-month inflation rate of 2.6%, aligning with market expectations. 
Bitcoin soared to a record high of over $93,000 on Wednesday as investors assessed new inflation data and postelection market dynamics. The flagship cryptocurrency traded as high as $93,469.08 before settling slightly lower, marking a more than 3% gain on the day and solidifying its status as a leading asset in the ongoing risk rally. This recent surge comes in the wake of October's consumer price index (CPI) report, which revealed a 0.2% monthly increase and a 12-month inflation rate of 2.6%, aligning with market expectations. -
U.S. Inflation Rate Rises to 2.6% in October, Housing and Core Prices Climb
Inflation in the United States picked up slightly in October, rising to an annual rate of 2.6%, according to data released by the Bureau of Labor Statistics (BLS) on Wednesday. The increase, driven primarily by a rise in housing costs, was in line with Wall Street expectations. The consumer price index (CPI) showed a monthly increase of 0.2%, while core inflation, which excludes volatile food and energy prices, rose by 0.3% for the month, bringing the annual core rate to 3.3%. 
Inflation in the United States picked up slightly in October, rising to an annual rate of 2.6%, according to data released by the Bureau of Labor Statistics (BLS) on Wednesday. The increase, driven primarily by a rise in housing costs, was in line with Wall Street expectations. The consumer price index (CPI) showed a monthly increase of 0.2%, while core inflation, which excludes volatile food and energy prices, rose by 0.3% for the month, bringing the annual core rate to 3.3%. -
'Trump 2.0': Why Bitcoin Soars While Gold Drops
The "Trump trade" continues to heat up, with Bitcoin emerging as the big winner. On Monday, Bitcoin surged past $88,000, spiking more than 11% in a single day. Trading volumes for Bitcoin ETFs also skyrocketed, fueling growing confidence in the cryptocurrency market. Many investors are betting that this rally is just the beginning and could continue until Trump's inauguration. 
The "Trump trade" continues to heat up, with Bitcoin emerging as the big winner. On Monday, Bitcoin surged past $88,000, spiking more than 11% in a single day. Trading volumes for Bitcoin ETFs also skyrocketed, fueling growing confidence in the cryptocurrency market. Many investors are betting that this rally is just the beginning and could continue until Trump's inauguration. -
Bitcoin, Tesla, and the Dollar Surge as Investors Go All In on the 'Trump Trade'
The "Trump trade" has sparked a new surge in the markets, with Bitcoin reaching an all-time high of $88,000 for the first time, Tesla stock rebounding 39% since Election Day, and the dollar rising to a four-month high. 
The "Trump trade" has sparked a new surge in the markets, with Bitcoin reaching an all-time high of $88,000 for the first time, Tesla stock rebounding 39% since Election Day, and the dollar rising to a four-month high. -
Gold Prices Slide Over 2% as Dollar Strengthens Amid Post-Trump Election Turbulence
Gold prices plummeted over 2% on Monday as the U.S. dollar surged, reflecting investor sentiment following President-elect Donald Trump's victory in the 2024 election and the potential implications for Federal Reserve policy. Spot gold dropped 2.3% to $2,666.48 per ounce, while U.S. gold futures fell by 2.42% to $2,629.40. The strengthening dollar, which rose to its highest level since early July, made gold less attractive for international buyers, contributing to the sharp decline. 
Gold prices plummeted over 2% on Monday as the U.S. dollar surged, reflecting investor sentiment following President-elect Donald Trump's victory in the 2024 election and the potential implications for Federal Reserve policy. Spot gold dropped 2.3% to $2,666.48 per ounce, while U.S. gold futures fell by 2.42% to $2,629.40. The strengthening dollar, which rose to its highest level since early July, made gold less attractive for international buyers, contributing to the sharp decline. -
China’s Trade Surplus Nears Record $1 Trillion as Global Pushback Mounts
China's trade surplus is on track to reach nearly $1 trillion this year, positioning it for a record milestone even as it faces mounting pressure from major global economies. The widening gap between Chinese exports and imports, which reached $785 billion in the first 10 months of 2024, marks a 16% increase from the previous year, according to recently released data. 
China's trade surplus is on track to reach nearly $1 trillion this year, positioning it for a record milestone even as it faces mounting pressure from major global economies. The widening gap between Chinese exports and imports, which reached $785 billion in the first 10 months of 2024, marks a 16% increase from the previous year, according to recently released data.
