Financial World Updates
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โšก๏ธ Kevin Warsh has been sworn in as the next Chairman of the Federal Reserve by Supreme Court Justice Clarence Thomas.


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Barclays reports that the adoption of humanoid robots in China could offset up to 60% of the expected workforce decline by 2035.

With current demographic trends, the workforce is projected to shrink by 37 million over the next decade, and in an optimistic scenario, the number of robots could reach 24 million, nearly 4% of the workforce by 2035.


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Israeli army says it attacked a site for producing combat means in the Bekaa east of Lebanon and other Hezbollah infrastructure in Tyre in the south of the country.


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An 88-year-old Japanese trader spent 40 years day trading and grew $387,000 into a $14 million portfolio.

If he had simply bought the S&P 500 index in 1986 and done nothing, it would be worth over $21 million today.


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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท President Trump says the US and Iran are moving closer to sealing a deal, according to a CBS interview.


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๐Ÿ‡บ๐Ÿ‡ธ US officials say Iran has agreed to give up its highly enriched uranium under the deal which President Trump said will โ€œsoonโ€ be announced, per NYT.


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๐Ÿˆ Key Events This Week


Expected today
โ€ข US-Iran Agreement Details


Monday
โ€ข US Markets Closed, Memorial Day


Tuesday
โ€ข May Consumer Confidence data


Thursday
โ€ข April PCE Inflation data
โ€ข US Q1 2026 GDP data
โ€ข April New Home Sales data



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White House no longer expects an agreement with Iran to be announced today and believes it could take several more days for the deal's approval.

Trump said yesterday that a deal announcement was coming "shortly." US officials remain "optimistic" but warn the deal could still collapse.


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๐Ÿ‡จ๐Ÿ‡ณ China delivers 15,000 tonnes of rice as aid to Cuba amid the islandโ€™s worsening crisis under the U.S. blockade.


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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท TRUMP ON TRUTH SOCIAL:

If I make a deal with Iran, it will be a good and proper one, not like the one made by Obama.



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๐Ÿšจ Microsoft reportedly told engineers to stop using Claude because AI bills were exploding, while Uber says its entire yearly AI budget was already destroyed by April.


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๐Ÿ‡ฏ๐Ÿ‡ต Nikkei reaches a new milestone, moving above 65,000 for the first time.


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Robert Kiyosaki warns the US dollar is under threat as Iran begins accepting Chinese Yuan for oil payments, calling it the biggest news in world financial history.


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๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ธ Iranโ€™s Foreign Ministry spokesperson says a framework has been reached, but โ€œnobody can say that an agreement between the U.S. and Iran is imminent.โ€


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Forwarded from CRYPTO COIN INFO
Crypto Market Update
Last 48H

The crypto market is showing a cautious recovery after a volatile pullback.

Bitcoin briefly dropped toward the $74,300 area as U.S. spot Bitcoin ETFs saw more than $2.26 billion in outflows over two weeks, adding pressure to market sentiment.

BTC has since stabilized around $77,300, while ETH is trading near $2,100 and SOL near $86, showing a mixed but calmer market compared to the recent sell-off.

The total crypto market cap is around $2.6T, with Bitcoin dominance near 58%โ€“60%, meaning BTC is still leading the market while altcoins remain under pressure.

Overall, the market remains in a consolidation phase: ETF outflows and macro concerns are keeping traders cautious, but BTC holding above the mid-$70K range suggests buyers are still defending key levels.


๐Ÿ”ฅ @coininfo

#Bitcoin #CryptoMarket #BTC #CryptoNews #coininfo
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๐Ÿ‡น๐Ÿ‡ญ Thailand has reported trade deficit of $10 billion in April, the biggest on record.


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โ• S&P 500 Soars as US Consumer Sentiment Hits Record Low

Over 6 years, the S&P 500 rose 130% while US Consumer Sentiment fell 55%, hitting its lowest since 1952.

This shows the largest wealth gap in modern history.


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Pope Leo XIV urges the world to โ€œslow downโ€ on AI, warning it could fuel misinformation, conflict and endless war, per Reuters.


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๐Ÿ›ข๏ธ Iran allowed 32 ships to cross the Strait of Hormuz in the past day


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Brent crude oil falls 5% as US and Iran negotiate deal to reopen Strait of Hormuz and end war.


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