News

Golden Ten Data reported on March 4 that Jane Foley, an analyst at Rabobank, pointed out in a report that shipping security in the Strait of Hormuz during the Middle East conflict is a key factor determining risk sentiment in the foreign exchange market. She emphasized: "It is obvious," that although President Trump has stated his readiness to provide naval escorts for oil tankers, Iran claims to have complete control over the strait. Foley believes that Asian emerging market currencies appear particularly vulnerable in the face of conflict. Japan and India are highly dependent on oil imports, although the yen still retains its status as a safe-haven asset.

On March 4, Solana treasury company DeFi Development Corporation UK PLC (LSE:DFDV), listed on Nasdaq, announced the departure of three directors. Non-executive directors Robert Mayfield and Jonathan Hives have stepped down immediately, and Chief Artificial Intelligence Officer Ewan Collinge will leave after the notice period ends on September 4, 2026. After these changes, the board members include independent non-executive chairman Hadley Stern, CEO Michael Chan, and CFO Nathalie Maggi. Michael Chan stated that the company is actively seeking successors, with a focus on professional expertise and independent oversight capabilities, and expressed gratitude to the departing directors for their contributions to the development of the artificial intelligence agent platform.

The S&P 500 index rose more than 0.4%, the Dow Jones increased over 0.3%, the Nasdaq climbed about 0.9%, the semiconductor index gained 1.3%, and the banking index was up 0.5%. The yield on the US 2-year Treasury note expanded by 2.5 basis points, approaching the intraday high of 3.5370%.