News

According to BlockBeats, on April 27, Hyperinsight monitoring showed that after Intel closed up 23.6% last Friday, the INTC contract price on Hyperliquid rose another 3% this morning, once surpassing $85 and currently quoted at $84.7. On-chain trader "CBB" (X: Cbb0fe) nearly doubled their INTC short position over the weekend, currently reaching $3.15 million at an average price of $77.3, with a floating loss of $270,000 (-23.5%), making them the largest INTC short on Hyperliquid. In addition, this address is currently shorting more than 20 US stocks with a total size of about $27.8 million. Due to the recent continuous rise of US stocks, the monthly capital drawdown has reached $7.2 million.

Golden Ten Data reported on April 27 that two strategists from Morgan Stanley MUFG Securities stated in a research report that, given the limited number of stable buyers in the ultra-long-term government bond sector, ongoing uncertainty in the Middle East could result in a further steepening of the Japanese government bond yield curve. This could also weaken market expectations for a Bank of Japan rate hike and, as inflation risk premiums fade, intensify concerns about a slowdown in Japan’s economic growth. The strategists said: “We expect the inflation risk premium currently priced into the middle part of the yield curve to gradually dissipate, as concerns about downside risks to economic growth begin to outweigh concerns about upside risks to inflation.”

Golden Ten Data reported on April 27 that Philippine Energy Secretary Sharon Garin stated on Monday that the country will maintain its suspension of new coal power projects, despite calls from several business groups to lift the ban due to energy security risks arising from Middle East conflicts. At a press conference, she said: "Perhaps more affordable sources of electricity, including coal, might be needed, but there is no need to lift the ban, as contracts already in place simply need to continue to be carried out." Garin noted that projects licensed before 2019 can still proceed or be completed. The Department of Energy is also assessing whether coal-fired power plants need to be retired, due to issues such as reliability and higher long-term costs for consumers. She stated that the Department is reviewing previously approved projects to evaluate which can still move forward and which may not continue. The Philippines imposed a suspension on new coal-fired power plants in 2020 to reduce carbon emissions and promote a transition to clean energy.