Group 1: Asian Currency Movements - The New Taiwan Dollar (TWD) has risen over the 30 mark against the US Dollar, increasing by 4.5%, reaching the highest level since June 2022 [3] - The offshore Chinese Yuan (CNY) has surpassed the 7.20 mark against the US Dollar for the first time since November last year, experiencing a significant increase of nearly 900 points over two trading days [3] - Other Asian currencies have also appreciated, with the South Korean Won increasing by 1.7%, the Malaysian Ringgit by 1.4%, the Singapore Dollar by 1%, and the Indonesian Rupiah by 1% [3] Group 2: Economic and Trade Developments - Trump indicated that a trade agreement is likely to be reached this week [3] - Trump explicitly stated that he would not prematurely dismiss Powell [3] - The US collected over $17 billion in tariff revenue in April, nearly double the $9.6 billion collected in March [3] - Japan's Finance Minister, Kato Katsunobu, retracted his statement suggesting that US Treasury bonds would serve as leverage in negotiations with the US [3] - Buffett affirmed that investments in Japan align with the company's investment philosophy and stated that they would not sell Japanese stocks in the next decade [3]

Core Viewpoint - The recent shift in Asian currency dynamics indicates a move towards appreciation rather than depreciation, driven by trade considerations with the United States [1] Group 1: Currency Movements - Several Asian currencies have appreciated significantly since last Friday, with the New Taiwan Dollar rising by 8.5% against the US dollar [1] - The market's sudden change in sentiment reflects a belief that Asian countries may prefer to stimulate their currencies' appreciation to enhance the attractiveness of US imports while sacrificing some export competitiveness [1] Group 2: Trade Relations - The potential for currency appreciation is seen as a strategy to negotiate for reduced trade tariffs from the US, aligning with American trade demands [1] - Concerns raised by prominent investors, such as Warren Buffett, may also be contributing to downward pressure on the US dollar [1]