Introducing Radar Lite: A Whole Lot of Radar. For a Lot Less.

The US dollar extended its losses as the euro hit a three-year high and the Swiss franc touched its highest level in a decade. The yen advanced to a six-month high, and emerging market currencies such as the Korean won and Thai baht also rallied against the dollar.

Treasuries and stocks continued to rally following the tariff pause announcement yesterday. Asian stocks posted their biggest jump in more than two years, and European index futures surged almost 8%.

Good morning, and welcome to another round of “don’t check your investment portfolios.” Treasuries are down, and Asian stocks have sunk to their lowest level since January 2024, as tariffs on China have been hiked to a 100-year high.