China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Economic pessimism has set in – but there are reasons for Australians to be hopeful 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Harris Calls Out Trump’s Threats to Democracy
Democratic presidential candidate Kamala Harris sharply criticized Donald Trump’s alarming rhetoric regarding "the enemy within" the United States during a campaign rally in Pennsylvania. In a bid to highlight the dangers posed by her Republican opponent, Harris played a clip of Trump describing domestic dissenters as more perilous than foreign adversaries like Russia.
Harris, the U.S. Vice President, underscored her concerns about Trump’s mental stability, stating, "A second Trump term would be a huge risk for America and dangerous. Donald Trump is increasingly unstable and unhinged." She accused him of categorizing anyone who disagrees with him as an enemy.
In recent speeches, Trump has hinted at deploying the military against U.S. citizens, stating, "We have some very bad people… radical left lunatics." However, he lacks the authority to order military action on Election Day, as he is no longer president.
Targeting Black Voters with New Policies
Amid concerns over dwindling support from Black voters, Harris unveiled new policy proposals during her Pennsylvania visit. These initiatives include forgivable small business loans of up to $20,000 for entrepreneurs in underserved communities and plans to legalize recreational marijuana, aiming to increase opportunities for Black entrepreneurs.
A September NAACP poll revealed that over 25% of young Black men would support Trump, highlighting the need for Harris to strengthen her appeal within this demographic. The Vice President’s campaign is working to mobilize Black voters, who overwhelmingly supported President Joe Biden in 2020.
If elected, Harris would make history as the second Black president and the first Black woman in office. Her recent proposals aim to address health disparities and enhance access to the cryptocurrency industry for Black Americans, reflecting her commitment to uplifting minority communities.
As she prepares for a critical interview with Charlamagne tha God, Harris seeks to consolidate her support among young Black voters during the final stretch of the campaign.
