🚨BITCOIN PRICE DROPS AS TRUMP RAISES GLOBAL TARIFFS TO 15% FROM 10%$BTC falls following tariff hike announcement, with markets reacting negatively to increased trade tensions despite recent Supreme Court ruling.Crypto markets showing volatility amid broader economic uncertainty. ...

Key TakeawaysUS hiring has plummeted to 3.3%, a level comparable to the 2020 crisis and signaling a potential recession as labor’s share of GDP hits a record low of 53.8%.The Trump administration is considering direct military action against Iran’s Supreme Leader, while simultaneously weighing a proposal to allow "symbolic" nuclear enrichment to prevent a full-scale war.A new 10% tariff will be imposed on Washington’s partners who previously struck deals with the Trump administration, alongside fresh trade ...

SHERY: THIS IS THE ASIA TRADE. I AM SHERY AHN IN TOKYO. AVRIL: I'M AVRIL HONG IN SINGAPORE.TREASURY SLIDE AND GOLD GAINS AS INVESTORS TRADE -- TRIM FAT ON TRADES. MONEY MARKETS NOT SEEING ANY EASING UNTIL JULY. REAL ESTATE SERVICE STOCKS, THE LATEST HIT BY FEARS OF A I DISRUPTION, A FRESH JOLT TO AN INDUSTRY THAT'S BEEN STRUGGLING SINCE THE PANDEMIC.PRESIDENT TRUMP'S ENERGY CHIEF PREDICTS A MASSIVE INCREASE IN VENEZUELAN OIL OUTPUT AS HE MEETS WITH LEADERS IN CARACAS. SHERY: JAPAN COMING BACK FROM HOLIDAY W ...

Core Insights - French wine and spirits exports have declined for the third consecutive year, dropping 8% in value to 14.3 billion euros ($17.03 billion) and 3% in volume to 168 million cases in 2025 due to U.S. and Chinese trade barriers [1][2] Export Trends - Since 2022, the sector has experienced a 17% decrease in export value, falling from the second-largest export sector to the third, now behind aerospace and cosmetics [2] - Sales to the United States fell 21% to 3.0 billion euros, with volumes dropping below 30 million cases, primarily due to higher tariffs and threats of increased tariffs [3] - Exports to China decreased by 20% to 767 million euros, significantly impacted by anti-dumping duties on cognac and other wine-based spirits [4] Market Dynamics - Cognac exports, a key product for the French industry, saw a 15% decline in volume and a 24% drop in value, highlighting the adverse effects of geopolitical tensions [4] - Within Europe, exports remained stable at 4.1 billion euros, with notable resilience in the UK market, where volumes increased by 3% [5] - Emerging markets such as South Africa, Vietnam, the Philippines, and Australia showed strong growth, with South Africa's sales rising by 22% to 182 million euros, providing diversification opportunities as traditional markets face challenges [5]

Industry Trends - The denim industry is experiencing shifts due to trade tensions, rising labor and energy costs, and high inflation rates, prompting Turkish companies and global brands to move operations to Egypt [1] - The sourcing landscape is in constant flux due to geopolitical issues, with companies adjusting their strategies in response to changing conditions in countries like China and Pakistan [4][5] Company Developments - Sharabati Denim has recognized Egypt's potential as a denim production hub, moving its headquarters there while maintaining factories in Turkey, and plans to start production in Syria later this year [3] - Freedom Denim is adapting to the changing market by increasing shipments of fabrics from China to be manufactured into garments in other countries, indicating a robust U.S. business despite challenges [5] Innovations in Production - SABF, a chemical manufacturer, is introducing alternative dye processes that are more sustainable, including an organic indigo dye and a waterless dye that conserves 98% of water compared to traditional methods [6] - SABF's innovative products are already being utilized by leading Pakistani mills and have been incorporated into products launched by H&M [7]

Core Viewpoint - Kevin Warsh, appointed by President Donald Trump to lead the Federal Reserve, has earned over $1 million since 2020 as a board member of Coupang, which is currently involved in trade tensions between the U.S. and South Korea [1] Company Summary - Coupang is an e-commerce company that has become a focal point in the ongoing trade tensions between the United States and South Korea [1] - The financial performance of Coupang is highlighted by Warsh's earnings, indicating a significant role in the company's governance and potential influence on its strategic direction [1]

Group 1: Trade Tariffs and Aircraft Certification - President Trump announced a potential 50% tariff on Canadian aircraft sold in the US, contingent on Canada's certification of Gulfstream jets [1] - Trump accused Canada of illegally refusing to certify Gulfstream jets, claiming this prohibition affects Gulfstream's sales in Canada [1] - The threat of decertifying Canadian-made Bombardier aircraft could impact US corporate travel, as many companies rely on Bombardier jets [4][5] Group 2: Impact on Bombardier - Bombardier's CRJ regional jets are widely used by US airlines, with American Airlines operating about 200 CRJ aircraft and Delta Air Lines having over 150 [2] - More than half of Bombardier's global fleet of over 5,200 aircraft operates in the US, with 64% of sales coming from the US market [10] - The majority of Bombardier's Global 7500 jet costs are tied to US manufacturing, with significant components sourced from various states [11] Group 3: Industry Reactions and Context - Aviation analysts expressed concerns about the implications of Trump's actions on safety and certification processes [3] - The ongoing trade tensions between the US and Canada are highlighted by Trump's threats, which coincide with negotiations over the USMCA trade agreement [7] - The US Trade Representative's report does not mention Canada's aircraft certification process as a non-tariff barrier [12]

LATEST: 📊 Gold reached a record high above $5,100 on Monday, now up 15% over 30 days, while Bitcoin is up less than 1% over the same time frame amid new trade tensions and concerns over a potential US government shutdown. https://t.co/66AyBAbM3N ...

Group 1: Gold Market Insights - Gold has reached a new all-time high price above $5,100 per ounce, confirming predictions from users on the Myriad platform that it would surpass $5,000 before Ethereum [1] - The price of gold increased by 65% in 2025 and has gained approximately 12% in the first three weeks of 2026 [4] - Goldman Sachs has forecasted that gold could reach $5,400 before the end of the year, indicating strong bullish sentiment in the gold market [2] Group 2: Ethereum Market Sentiment - 69% of users on Myriad believe that Ethereum is likely to drop to $2,500 before it can recover to $4,000, reflecting a bearish outlook on the cryptocurrency [2] - Ethereum has recently traded at $2,883 and has fallen more than 10% in the past week [4] - The closest Ethereum has come to surpassing its previous all-time high was $4,946.05 in August [4] Group 3: Market Dynamics and Influences - Gold tends to surge during periods of uncertainty, particularly when trade tensions escalate, as it is viewed as a safe haven asset [3] - In contrast, cryptocurrencies like Ethereum and Bitcoin have struggled to attract defensive flows, behaving more like risk assets rather than hedges against geopolitical stress [3] - Recent comments from President Trump regarding potential tariff hikes on Canada have contributed to the uncertainty in the market, influencing gold prices [5]

Group 1 - Samsara Inc. (NYSE:IOT) experienced a significant drop in share prices, falling by 8.31% to close at $31.99, nearing its 52-week low of $31.40 [1][2] - The decline in Samsara's stock price was influenced by broader market pessimism following President Trump's announcement of new tariff threats against European countries [1][2] - The announcement of potential tariffs has led to increased tensions in global markets, resulting in major indices on Wall Street experiencing significant losses [2] Group 2 - BNP Paribas upgraded Samsara Inc.'s rating to "outperform" from "neutral," setting a price target of $40, indicating a positive outlook for the company's future performance [3] - The demand for Samsara's products appears to have stabilized after a challenging first half of 2025, which was impacted by global tariffs affecting customer cycles [3]