GHALEB ABBARA

This week will witness meetings of central banks globally, including the Federal Reserve, the European Central Bank, the Bank of Japan, and the Bank of England. With rising oil prices and escalating inflation expectations, markets will focus on the current path of monetary policy and the potential impact that high oil prices may have on these central banks.

Stock markets broadly declined across regions. In Europe, the #STOXX600 index dropped more than 3% while the #FTSE100 British index fell by 2.9% by 1:44 PM Saudi time, putting the index on track for its worst session in 11 months.

Asian markets also experienced sharp sell-offs, with the #Nikkei225 Japanese index down 3.1% and the #KOSPI新高 South Korean index down 7.2%.

An internal Russian document reviewed by Bloomberg reveals that the Kremlin has prepared a set of proposals that may open the door for Russia to use the U.S. dollar again, as part of a potential broad economic partnership with the administration of U.S. President Donald Trump.

The high-level memo, prepared during the current year, outlines seven points where Moscow believes that Russian and American economic interests could intersect, following an agreement to end the war in Ukraine. These points include cooperation between the two countries in supporting fossil fuels at the expense of green alternatives, along with joint investments in natural gas, offshore oil, and vital raw materials, as well as significant potential gains for American companies.

- The recent decline of Bitcoin by nearly 50% from its all-time high has sparked widespread debate about its stability, yet veteran hedge fund expert Gary Bodhi sees this drop as a feature associated with the volatility of the underlying assets, not evidence of a structural crisis.

While Bodhi describes this decline as disturbing and shocking, he emphasizes that drops ranging from 80% to 90% are common in Bitcoin's history, and those who are patient through these temporary fluctuations are usually rewarded with long-term returns.

- The recent decline of Bitcoin by nearly 50% from its all-time high has sparked widespread debate about its stability, yet veteran hedge fund expert Gary Bodhi sees this drop as a feature associated with the volatility of the underlying assets, not evidence of a structural crisis.

While Bodhi describes this decline as disturbing and shocking, he emphasizes that drops ranging from 80% to 90% are common in Bitcoin's history, and those who are patient through these temporary fluctuations are usually rewarded with long-term returns.

- The recent decline of Bitcoin by nearly 50% from its all-time high has sparked widespread debate about its stability, yet veteran hedge fund expert Gary Bodhi sees this drop as a feature associated with the volatility of the underlying assets, not evidence of a structural crisis.

While Bodhi describes this decline as disturbing and shocking, he emphasizes that drops ranging from 80% to 90% are common in Bitcoin's history, and those who are patient through these temporary fluctuations are usually rewarded with long-term returns.

U.S. tariff revenues have declined over the past few months, raising questions about whether demand for imports is finally adjusting to high trade barriers.
Since October, the customs duties collected by the Treasury have declined by about 11%, based on monthly Treasury data and daily deposit figures from the Department of Homeland Security, which closely track the official numbers.