Goldman Sachs Chief FX Strategist: As long as China doesn't devalue, there is hope, as this means China is still in negotiation mode with the US. In contrast, any material devaluation of the Yuan will signal severe escalation of the trade war that is now the only thing that matters for markets. Only China matters. -tweet [Does he know China risks capital flights if it devalues the Yuan too much?]

Sharp reversal in corporate capex spending plans in recent weeks.

US Trade deficit/surplus breakdown

S&P 500 is rallying hard off ~4980, and breadth (number of stocks moving back above SMA200) is starting to catch up, signaling internal strength. [BTFD]

ETF outflows from China are hitting escape velocity.

🚨WHITE HOUSE: US-CHINA GOODS NOW FACE AT LEAST 145% TARIFF, WITH TRUMP’S 125% "RECIPROCAL" TARIFF ADDED TO EXISTING 20% LEVY

New record high in gold - $3,175.075/oz

S&P 500 EXTENDS SELLOFF, MOST SINCE MARCH 2020

World Liberty FI transfers $775K from main wallet to wallet used for altcoin purchases

30Y auction at 1pm (in 10 minutes). All eyes

Treasury 30 Yr yield 4.839% before $22 billion auction.

US 30Y BONDS DRAW 4.813% VS 4.839% PRE-SALE WHEN-ISSUED YIELD another strong auction

Treasury Dept Statement: US Treasury Secretary Bessent and Vietnamese Deputy Prime Minister agree to begin formal talks on reciprocal trade between the US and Vietnam.

US 10 YR Treasury yield falls to 4.338 after strong 30 YR auction

Bessent: We are going to get an increase in debt ceiling

US Treasury's General Account balance has been dropping fast the past few weeks

🚨TRUMP ON STOCK MARKET DROP: I HAVEN'T SEEN IT

Trump: Would love to be able to work a deal with China.

North Carolina drafts "Digital Asset Freedom Act," recognizes digital assets as valid means of exchange

🚨Trump: higher tariffs would go back in place if trade deals are not made