US dollar's reserve share drops to 57.7% as China holds $3.3T reserves, buys record gold, and EV growth threatens the petrodollar. Is dollar dominance ending?
On Wednesday, Wall Street rebounded on strong earnings from major banks, but analysts warned that overheated U.S. stock sentiment could trigger a pullback.
Nikkei crashed 1,407 points on Oct 14 after Komeito left ruling coalition, ending "Takaichi trade". Political chaos and trade war fears triggered selloff.