Von Der Leyen: will only travel to Washington if a concrete, mutually agreeable solution on trade tariffs is ready to be discussed.

Fed's Barr: It's fair to say the uncertainty around tariffs has raised risks to higher inflation and lower growth
*Growth has been strong over the last year and remains so today

Bloomberg: The euro is staging its strongest rally since 2003, up 8.7% YTD, with options markets now flashing a rare long-term bullish signal.

PBOC launches $69bn relending program to support services consumption and elderly care sector. -source

AAII sentiment survey another week >50% bears (% who think stocks will be lower in 6 months) but the least since Feb 20th, while bulls jumped to 29.4% from 20.9% the previous week, the most since that same week.

Trump: GOP should not increase taxes on rich, but OK if they do.

Trump: 80% tariff on China seems right

🚨White House's Peter Navarro on China talks: Interesting weekend for the markets.

Navarro: Countries lining up to talk trade with the US.

Fed’s Williams: Now is a time of great uncertainty and change.
*Central bank independence delivers better outcomes.

🚨Trump: Many trade deals in the hopper.

🚨🚨White House economic adviser Hassett: UK trade deal is framework for future deals
*24 other trade deals are close to being resolved.
*Everything going on with Swiss meeting with Chinese is positive - CNBC interview. [BTC ATH if deal announced in the weekend]

🚨China exports to the US drop -21% y/y in Apr showing the impacts of the Trump tariffs (and US imports fell -14% showing the impact of the China tariffs), but overall China exports were +8.1% well above forecasts showing likely trade diversion to neighbors for reexport to the US. [the trade war is fake]

WTO spokesperson on US-China trade talks in Geneva this weekend: Director-General welcomes talks as a positive and constructive step toward de-escalation.
*Sustained dialogue between the world’s two largest economies is critical to easing trade tensions.

🚨Taiwan Congressman urges government to buy Bitcoin as a Strategic Reserve. [right after the Taiwanese dollar pumped 8% in 2 days]

Trump: Costs down, no inflation.

🇨🇭🇺🇸Swiss President Keller-Sutter: Switzerland might be next country to sign US tariff deal.
*Have the impression U.S. is seeking tailor-made solutions with individual countries.
*Talks with Americans were encouraging.

🚨🚨Swiss Economy Minister Parmelin: It is possible that the US and China agree to a mutual suspension of customs duties (tariffs) for the duration of the talks.

🚨Coinbase announces 24/7 trading for futures in the US -announcement [ready for #1 spot on the App Store]

🚨Japan's Metaplanet issues $21.25M zero-interest bonds to fund BTC purchase.