Author: Admin
In the wake of the SpaceX IPO, investors can expect global communications and AI data processing — both via satellites — to be important themes for many years.
US Vice President (VP) JD Vance said that talks between the United States (US) and Iran have made “great progress” despite “threatening” and “whining,” CNBC reported on Tuesday.“Yes, there was a little bit of threatening, there was a little bit of whining, but at the end of the day, the talks continued, and we made great progress,” said Vance.Earlier on Monday, Vance stated that negotiations in Bürgenstock, Switzerland, were continuing and Tehran had agreed to permit International Atomic Energy Agency (IAEA) inspectors back into Iran.The US Vice President added that Tehran’s agreement for IAEA inspectors to return to their country…
“What drives me crazy is that she didn’t mention it.”
Gold (XAU/USD) trims a part of its strong intraday gains to levels beyond the $4,200 mark, though it retains positive bias for the first time in four days. Crude Oil prices turn lower following a modest bullish weekly gap after mediators Qatar and Pakistan announced a formal 60-day roadmap aimed at securing a final US-Iran peace deal. This, in turn, helps ease concerns around inflation and higher interest rates, offering some support to the precious metal. The commodity, however, remains well within striking distance of a more than one-week low set on Friday.That said, traders are still pricing in a…
“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Lebanon.The Iranian Revolutionary Guard Corps Navy issued a warning to all vessels: “Do not approach the Strait of Hormuz; otherwise, your security will be jeopardized.”This is a developing story; more to come.
“If you find a need in your community, there’s likely an organization that will help you get involved.”
MON: CNB Minutes (Jun), Chinese LPR, Canadian Inflation (May) TUE: BCB Minutes (Jun), Global Flash PMIs (Jun), US ADP Employment Change Weekly, Richmond Fed Index (Jun) WED: Riksbank Minutes (Jun), BoJ SOO (Jun), BoC Minutes (Jun), Holiday: Canada Provincial Holiday (Quebec), Australian Inflation (May), German Ifo (Jun), Canadian Manufacturing Sales (May) THU: Banxico Policy Announcement, Australian Jobs (May), German GfK Consumer Confidence (Jul), French Consumer Confidence (Jul), Spanish GDP Final (Q1), PPI (May), US PCE (May), GDP Final (Q1), Jobless Claims (Jun/20) FRI: Japanese Tokyo CPI (Jun), Swedish PPI (May), Canadian Wholesale Sales (May), US Goods Trade Balance (May), Wholesale…
“My understanding is that they have five years to withdraw the money.”
Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran. The tape is treating this week’s US-Iran memorandum as a finished peace: Blockade lifted, Strait of Hormuz reopening, Iranian barrels cleared to sell, equities at a record high while the President takes a victory lap on falling pump prices. The problem is that the market ran this exact trade in April, priced the all-clear inside a single session, and got run over within hours when the…