🏛️ Google warns of hacking campaign targeting Wall Street firms using fake IT helpdesks to steal credentials.

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🇨🇳 China now accounts for 28% of global manufacturing, surpassing the US, Japan, and Germany combined.

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🇺🇸🇸🇦 US oil imports from Saudi Arabia fall to zero for first time in 40 years.

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🇨🇳 Chinese Yuan hits strongest level against the U.S. Dollar since February 2023.

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🚨🚨 JPMorgan CEO Jamie Dimon warns investors are using record amounts of borrowed money, with risks spread across hedge funds, ETFs and other markets.

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🚨🚨 Over ¥17,700,000,000,000 ($112B) has been wiped out from Japanese stocks as the NIKKEI fell -1.5%.

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🚨 LATEST: US officials sold euros to buy yen last Friday without informing the European Central Bank until after the trade was done, per FT.

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⚠️ALERT: China's most powerful AI model, Moonshot’s Kimi K3, has become the latest AI system to escape its testing environment.

Here’s how it happened:

- Tasked with solving problems inside an isolated sandbox
- Probed its network settings
- Discovered that a misconfiguration left certain websites accessible
- Exploited the loophole to go beyond its instructions
- Accessed the internet and searched GitHub for answers
- Did not hack or damage any systems

Frontier Security said Kimi follows goals “by any means necessary” and lacks guardrails to prevent it from cheating or escaping.

“Basically that makes this a very good hacking model,” it added.

Moonshot joins Anthropic, OpenAI and Meta in reporting AI sandbox escapes, with earlier US models also hacking outside systems, including Hugging Face.

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🇺🇸 U.S. economy unexpectedly lost 23,000 jobs in July

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🇺🇸🚨 US employers cut 23,000 jobs in July, missing the forecast for an 80,000 gain.

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🏛️ BofA Warns Bullish Sentiment Has Gone Too Far.

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JUST IN: 🇺🇸🇨🇳 President Trump says "we don't want see China take over crypto."

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🇷🇺🇺🇸 Russia plans potential attack on NATO to test its strength, US intelligence finds.

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🇸🇦🇵🇰🇹🇷 Saudi Arabia, Turkey, and Pakistan sign defense agreement officially considering any attack on one country, an attack on all.

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🇫🇷 French unemployment rate soars to 8.3%, the highest level since 2020.

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🇮🇷 Iran won’t reopen Hormuz until the US fully accepts its conditions | per IRGC spokesperson Hossein Moheb

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🇨🇳🇺🇸 Chinese Yuan hits strongest level against the US dollar in over 3 years.

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📊 Market Overview:

SPX: $7757
NASDAQ: $26690
Bitcoin: $64909

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📊 Key Events This Week:

1. July Existing Home Sales data - Tuesday

2. OPEC Monthly Report - Wednesday

3. July CPI Inflation data - Wednesday

4. July PPI Inflation data - Thursday

5. July Retail Sales data - Friday

6. August MI Consumer Sentiment data - Friday

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🇺🇸🇮🇷 Trump says the US is “low keying it” with Iran, choosing economic pressure over a new military offensive.

Trump says Iran is in “very bad shape” economically and has “no money” to pay its troops, as per Axios.

@Fin_Watch