🇺🇸 US JOBLESS CLAIMS 215K IN JUNE 27 WEEK; EST. 220K

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JUST IN: Amazon to launch satellite-based internet service to compete with SpaceX Starlink.

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🚨🚨 $1,250,000,000,000 has now been wiped out from the US stock market in last 3 hours.

This is more than the entire market cap of Bitcoin.

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🚨🚨 Last 2 year performance:

S&P 500: +34%
Gold: +75%
NVDA: +69%

Bitcoin has returned 0% since 2024

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🇭🇰 BIG: Hong Kong to launch a long-awaited gold clearing and settlement system next week, aiming to become a major price-setter for the metal, SCMP reports.

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JUST IN: 🇺🇸 SEC Chair Paul Atkins says the agency is taking "historic steps" to move U.S. markets onchain.

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JUST IN : 🇷🇺 Russian markets are facing pressure as the MOEX index falls below 2300, indicating possible economic worries.

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📊 Nvidia brings in $6 million of revenue per employee per year.

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🇺🇸 INSIGHT: Markets are pricing in an 82.4% probability that the Fed keeps rates unchanged at its July meeting.

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JUST IN: 🇺🇸 President Trump says the US Treasury will now accept donations of publicly traded stocks to help fund 'Trump Accounts.'

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📊 $8.3 Trillion is now sitting in money market funds, an all-time high.

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JUST IN: 🇺🇸 US national debt hits a record $39.4 trillion.

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JUST IN: 🥇 Gold has surpassed U.S. government bonds to become the world’s largest reserve asset.

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🇺🇸🇮🇱 President Trump says Israeli Prime Minister Netanyahu "knows who the boss is.".

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📊 Key Events This Week:

1. June S&P Global Services PMI data - Monday

2. ADP Employment Change data - Tuesday

3. Fed Meeting Minutes - Wednesday

4. Initial Jobless Claims data - Thursday

5. June Existing Home Sales data - Thursday

6. IEA Monthly Report - Friday

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JUST IN: 🇺🇸 FIFA overturns US World Cup player Balogun's red card following reports that the White House requested review.

FIFA says White House had no influence on their decision.

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JUST IN: 🇧🇷 Brazilian President Lula's odds to win reelection surge to an all-time high.

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