BLEND (Fluent) 24-hour volatility reaches 46.3%: Listings on Upbit, Kraken, and other exchanges, as well as mainnet launch, drive price surge

Gold fell below $4,000 this week, hitting a three-month low, diverging from US Treasury yields despite heightened global risk aversion. Analysts attribute gold's weakness to the fading speculative sentiment over the past year and rising expectations of interest rate hikes. Meanwhile, the yen, with its 40% undervaluation, has become Goldman Sachs' top choice as a hedging tool, quietly reshaping the landscape of traditional safe-haven assets.

Moody's has maintained France's rating, the second-largest economy in the Eurozone, at Aa3, which is seven notches above "junk" status and on par with the UK's rating; the outlook remains negative.

Moody's announced it will maintain France's Aa3 rating, stating that France's diversified economic structure and robust public institutions support the current rating. However, the outlook remains negative because political instability will continue to constrain fiscal consolidation efforts. Moody's added that the maintenance of the Aa3 rating is based on the assumption that France will ultimately implement a deficit reduction plan, and expects "financing costs and social tensions will ease in the coming months."

Strategists at the Canadian Imperial Bank of Commerce have warned that as the deadline for mandatory central clearing of U.S. Treasury repo transactions approaches, market participants' preparation progress remains sluggish. This could lead financial institutions to concentrate their compliance adjustments by the end of June 2027, potentially disrupting market pricing and financing capacity, and driving repo rates to rise temporarily.