๐บ๐ธ President says it's "time to audit" Fort Knox's $667 billion gold reserves.
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๐ธ๐ฆ๐ซ๐ท Saudi Crown Prince Mohammed Bin Salman and French President Macron call to discuss efforts at reopening Strait of Hormuz.
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๐ฏ๐ต Japanese crude oil reserves post the largest drawdown in the countryโs history.
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๐จ IRAN'S FOREIGN MINISTER TO STATE MEDIA:
๐ช t.me/FinancialWorldUpdates
WE CAN NOT JUDGE THE TALKS UNTIL WE GET TO A CLEAR RESULT
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๐ Key Events This Week:
MONDAY
TUESDAY
WEDNESDAY
THURSDAY
FRIDAY
Total of 7 Fed Speaker Events This Week
๐ช t.me/FinancialWorldUpdates
MONDAY
โข May ISM Manufacturing PMI data
TUESDAY
โข April JOLTS Job Openings data
WEDNESDAY
โข May ISM Non-Manufacturing PMI data
THURSDAY
โข Initial Jobless Claims data
FRIDAY
โข May Jobs Report
Total of 7 Fed Speaker Events This Week
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๐บ๐ธ Former Fed Chair Jerome Powell says the Federal Reserve will not survive if officials are removed over policy disagreements.
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๐ฏ๐ต Japan's Strategic Oil Reserves Hit Record Low
Japan's strategic oil reserves fell to a record low, says Kpler. Crude imports dropped 66% in April amid the Strait of Hormuz blockade, per the Japanese Ministry of Economy.
Japan is drawing heavily from reserves and ranks third after China and India in reliance on Hormuz oil supplies.
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๐ฎ๐ท๐บ๐ธ Iran says "the release of our frozen funds is an absolute and non-negotiable demand" for any deal with US.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
French President Emmanuel Macron:
The French Navy intercepted a new tanker under international sanctions yesterday morning, originating from Russia: the Tagor. Our determination is steadfast and unwavering.
This operation was carried out in the Atlantic, in international waters, with the support of several partners including the United Kingdom, in strict compliance with the law of the sea.
It is unacceptable for ships to circumvent international sanctions, violate the law of the sea, and fund the war that Russia has been waging against Ukraine for more than 4 years.
These vessels, which fail to adhere to the most basic rules of maritime navigation, also pose a threat to the environment and to everyone's safety.
Russian Embassy:
The captain of the Tagor tanker seized by France is a Russian.
@PoliticFinance
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A Google employee is accused of using internal company data to bet on Polymarket, allegedly earning around $1,200,000 with minimal risk by predicting future Google Search trends.
He tried to hide his tracks through mixers and exchangers, but the FBI linked his wallets to his real identity, and he now faces charges of fraud and money laundering.
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SPX: $7580
NASDAQ: $26972
DXY: $99
Gold: $4536
Silver: $76
Bitcoin: $72115
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
Iran has reportedly suspended direct message exchanges with the U.S., blaming ongoing Israeli military operations and accusing Washington of backing regional escalation.
๐ฎ๐ฑ Israel has intensified strikes on Hezbollah-linked targets in Lebanon, with renewed attacks around Beirut's southern suburbs drawing strong reactions from Tehran.
๐ฎ๐ท Iranian officials say diplomacy cannot move forward while Israeli operations continue, warning that trust in negotiations has been severely damaged.
โ ๏ธ Tensions across the Middle East continue to rise as military actions, ceasefire disputes, and diplomatic breakdowns increase fears of a wider regional conflict.
@PoliticFinance
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Stock market reaches "most expensive" valuation ever โ surpassing dot com bubble.
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Brent crude oil surges 5% back above $100 after Iran ends negotiations with the US and vows to block the Strait of Hormuz.
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Canadian hotel group Blue Diamond shutting Cuba operations.
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Pavel Durov announces rebranding of Telegram TON coin to GRAM.
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๐บ๐ธ๐ฎ๐ท Odds of US and Iran reaching a permanent peace deal this month collapse to 23%.
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Anthropic just confidentially filed an S-1 with the SEC, indicating its plans to go public through an IPO.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
๐บ๐ธ President Trump says he spoke with Israeli Prime Minister Netanyahu and there will be โno troops going to Beirut.โ
He also says the US spoke with Hezbollah and they agreed that โall shooting will stopโ and โIsrael will not attack them.โ
@PoliticFinance๐ฅป
He also says the US spoke with Hezbollah and they agreed that โall shooting will stopโ and โIsrael will not attack them.โ
@PoliticFinance
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