The dollar has been falling for the tenth day in a row, something it hasn't done in 50 years - The dollar index has been declining for the tenth day in a row, the longest series of declines since 1971. The reason lies in the sharp increase in traders' confidence in easing the Fed's policy.

Why China is going all-in to win its version of the AI race - China is accelerating spending, standards and model development to win a contest that prioritizes widespread adoption rather than dominance in frontier models.