With supply weak and demand strong, spot silver broke above $65/oz for the first time, with bulls still in control. Oil prices rebounded after falling below a key level on Tuesday, but Trump's blockade of Venezuelan oil tankers pushed prices higher.

The Central Bank of Hungary stated that maintaining tight monetary conditions is reasonable.

1. Over $200 Billion in Tariffs Imposed – According to U.S. Customs and Border Protection, the U.S. has imposed over $200 billion in tariffs this year due to new tariffs implemented by President Trump since the beginning of 2025. 2. Crackdown on Fentanyl, Easing Restrictions on Marijuana – Trump: Will sign an executive order designating fentanyl as a “weapon of mass destruction.” Considering ordering the easing of federal marijuana restrictions. 3. Update on Russia-Ukraine Peace Agreement Progress – Trump: I think we are closer now than ever to our goal (a ceasefire between Russia and Ukraine). 4. $5 Billion Lawsuit Against BBC – Documents show that President Trump is suing the BBC for defamation over clips of his speech on the “January 6th incident,” seeking $5 billion in damages. 5. Suspension of U.S.-UK Technology Agreement – According to the Financial Times, the U.S. has suspended the implementation of a technology agreement reached with the UK during Trump's visit due to growing dissatisfaction with the progress of trade negotiations with London. 6. Condemns Netanyahu for Violating Ceasefire Agreement —Two U.S. officials revealed that the White House has privately issued a stern warning to Israeli Prime Minister Benjamin Netanyahu, stating that his killing of a senior Hamas military commander last weekend violated the Trump-mediated ceasefire agreement in Gaza. 7. Intensified Battle for Federal Reserve Chair —Sources revealed that Hassett, director of the White House National Economic Council, was once considered a near certainty as a candidate for Federal Reserve Chair, but is now facing opposition from some high-ranking officials closely associated with Trump. 8. Claims Gaza International Stabilization Force is Operational—U.S. President Trump stated that the Gaza International Stabilization Force is already well-established and "operating in a very strong manner." 9. Defends White House Banquet Hall Construction Project—According to the Associated Press, the Trump administration argued in a court filing that construction of the White House banquet hall must continue for national security reasons. 10. Verbal Attack on Murdered Director—According to the Associated Press, on Monday, President Trump blamed the murder of actor and director Rob Reiner for his public opposition to the president. He made this unverified claim in a shocking post.