U.S. Consumer Price Index Released
Released: 2.3%
Expectation: 2.4%
Previous: 2.4%
U.S. Reports $258 Billion Budget Surplus in April
According to data from the U.S. Department of the Treasury, the federal government reported a budget surplus of $258 billion in April 2025. This marks the second-highest surplus on record and represents a 23% increase year-over-year. The surplus was primarily driven by strong tax revenues during the tax season and record-high import tariffs. Tariff revenues rose to $16 billion in April, surpassing the 2023 record of $9.6 billion and generating an average of $500 million per day for the Treasury.
The U.S.’s Final Goal in Trade: A Global 10% Tariff
U.S. Trade Representative Jamieson Greer revealed the ultimate goal of U.S. global trade policies: an average 10% tariff rate worldwide. Greer stated that the U.S. does not want to be dependent on any country for basic goods and that this approach is a powerful tool for reducing the trade deficit. Experts believe that this goal has now become central to global economic policies.
JPMorgan Chase: Fed Interest Rate Cut Expected in December
According to JPMorgan, the risk of the US economy entering a recession has fallen below 50%. The bank now expects the interest rate cut, previously forecast for September, to take place in December. This is seen as a sign of the Fed’s cautious but dovish stance.
Bank of America: Gold Seen as Overvalued
Bank of America’s May Global Fund Manager Survey revealed that 45% of investors believe gold is overvalued. This is the highest level seen since 2008. In April, this figure was 34%, indicating a significant shift in investor sentiment.
Michael Saylor: Strategy’s BTC Return Since 2025 Is 15%
According to data disclosed by Michael Saylor, Strategy (formerly MicroStrategy) has achieved a 15.5% return on its Bitcoin investments since the beginning of 2025. This rate is equivalent to 69,374 BTC and represents approximately $7.2 billion in profits at current prices. Strategy’s total BTC holdings currently stand at 568,840 BTC, with a total market value of $58.86 billion.
Robinhood Acquires Canadian Crypto Platform WonderFi
Robinhood has announced that it has signed an agreement to acquire Canadian-based crypto platform WonderFi for $250 million. The acquisition is expected to be completed in the second half of 2025. This move is seen as an important part of Robinhood’s international expansion strategy.
Simon Gerovich, CEO of Japan-listed Metaplanet, announced that the company’s Bitcoin holdings per share increased by 38% as of the second quarter of 2025, reaching 170% since the beginning of the year. The company’s 2025 target is to sustain Bitcoin-based growth on a per-share basis by achieving a 35% increase each quarter.
by Darkex Research – 1 min read
