🇮🇳 The Indian rupee has lost nearly 97% of its value against the U.S. dollar since India's independence in 1947.

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🇨🇳 China warns the United States not to start trade wars.

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📉 Elon Musk has lost $582 billion in net worth in the last 38 days, as SpaceX crashes 50% from its all-time high.

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🇺🇸 U.S. Treasury buys back $2 Billion of their own debt.

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🇺🇸 Trump unveils a “Trump 2028” hat at the White House Correspondents’ Dinner.

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🇺🇸 U.S. Dollar has lost 30% of its purchasing power over the last six years.

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🇮🇳 Reserve Bank of India spent $6,200,000,000 to save Rupee from falling in May 2026.

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🇮🇷 Iranian oil ministry reports $11.5 billion in sales during war, $6.5 billion in ceasefire period.

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🇺🇸 President Trump ordered the US Military to not carry out planned strikes on Iran Friday night, despite previously approving the strikes, per Axios.

This came just hours after talks mediated by Oman over reopening the Strait of Hormuz reportedly resumed.

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🇺🇸 Bank of America projects US deficit to hit $2 trillion this year as annual debt interest payments reach $1 trillion.

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🇺🇸🇮🇷 US intelligence finds Iran’s new Supreme Leader Mojtaba Khamenei is more willing than his father to pursue nuclear weapons.

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🇮🇷🇺🇸 Iran’s oil revenue has gone up by 40% since the US-Iran war started.

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🇺🇸🇪🇺 Donald Trump has said he would hit the EU with more tariffs over huge fines meted out to US tech companies.

A day after the European Commission fined Google €890mn for breaching the bloc’s digital rules.

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🇺🇦🇺🇸 Ukrainian President Zelenskyy to meet President Trump at White House next week.

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🇨🇳 China’s central bank injected $14.8 billion into the banking system this month through its one-year Medium-Term Lending Facility (MLF) - the largest such liquidity injection in five months.

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JUST IN: 🤖 Elon Musk says "money won't matter in 2036" because of AI and robots.

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📊 Market Overview:

SPX: $7411
NASDAQ: $24975
Bitcoin: $64404

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🇮🇱🇮🇷 Israeli Prime Minister Netanyahu says the war will only end when Iran's regime collapses or abandons its nuclear program.

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BREAKING: 🔥 Iran says it has halted retaliatory strikes against the US after President Trump called off US strikes for a second consecutive night.

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📊 Key Events This Week:

1. Markets React to US/Iran Pausing Strikes - Today, 6 PM ET

2. July Consumer Confidence data - Tuesday

3. July Fed Interest Rate Decision - Wednesday

4. Microsoft, $MSFT, Meta, $META, Report Earnings - Wednesday

5. July PCE Inflation data - Thursday

6. Apple, $AAPL, Amazon, $AMZN, Report Earnings - Thursday

7. July MI Consumer Sentiment data - Friday

8. July MI Inflation Expectations data - Friday

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