Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
A pandemic-triggered revenue plunge will be interrupted for most US states as they collect billions of dollars in tax payments.
The payments would have been due in April.
However, other than the payments of taxes, sources of revenues remain limited.
Forty-one states extended their April 15 tax payment deadlines, with most also pushing it to July, following a similar action by the federal government.
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According to the Urban Institute, the extension caused a dramatic drop to April income tax collections, which fell by $44.8 billion or 62% compared with April 2019.
Jared Walczak, vice president of state projects at the Tax Foundation, noted that much of the revenue came from earlier this year and were simply delayed payments.
With an uptick in coronavirus cases, there is a concern of weak income tax revenue ahead with the Tax Foundation projecting a 9 percent drop in personal income tax revenue for fiscal 2021 compared with fiscal 2019.
