🐈Key Events of the Week:


📅 Tuesday

• June S&P Global PMI data.

📅 Wednesday

• May New Home Sales data.

📅 Thursday

• May PCE Inflation data.
• US Q1 2026 GDP data.

📅 Friday

• June MI Consumer Sentiment data.
• June MI Inflation Expectations data.

💪 t.me/FinancialWorldUpdates

🐈 Update:

Iran and the United States agreed Monday to set up communications lines to keep the vital Strait of Hormuz open and end fighting in Lebanon, mediators Pakistan and Qatar said, after their first round of talks in Switzerland.


💪 t.me/FinancialWorldUpdates

⚠️⚠️⚠️⚠️

SK Hynix flips Samsung to become South Korea's most valuable company, driven by surging demand for its high-bandwidth memory chips powering AI systems.


💪 t.me/FinancialWorldUpdates

🐈

Global Wars Drive Massive
$12.3 Billion Capital Injection for Defense Startups

Wars in Ukraine and the Gulf have triggered a $12.3 billion venture capital rush into defense tech for startups developing drones, autonomous systems, and battlefield AI.

💪 t.me/FinancialWorldUpdates

⚠️⚠️⚠️⚠️

🇺🇸 Former Fed Chair Alan Greenspan has passed away at 100.

Greenspan led the Federal Reserve for nearly two decades under four U.S. presidents.


💪 t.me/FinancialWorldUpdates

🐈 Major Breakthrough in Switzerland

The Ministry of Foreign Affairs of Qatar has announced the conclusion of the first high-level talks between the United States and Iran, mediated by Qatar and Pakistan under the Islamabad MoU.
Key outcomes from the Burgenstock summit include:

➡️ 60-Day Timeline: A newly formed High Level Committee has agreed on a roadmap to reach a final deal within 60 days.

➡️ Working Groups Established: Dedicated teams will immediately begin handling negotiations on nuclear issues, sanctions, and dispute resolution.

➡️ Regional Security & Shipping: A new communication line has been established to ensure the safe passage of commercial vessels through the Strait of Hormuz.

➡️ Lebanon De-confliction: The parties agreed to set up a de-confliction cell to ensure the termination of military operations in Lebanon.

Technical talks are set to continue for the remainder of the week.

💪 t.me/FinancialWorldUpdates

📊 Market Overview

SPX: $7500
NASDAQ: $26517
DXY: $100

Gold: $4219
Silver: $66
Bitcoin: $65067


💪 t.me/FinancialWorldUpdates

👇👇👇⚠️

🇺🇸 Bank of America expects the Federal Reserve to raise interest rates three times in 2026.


💪 t.me/FinancialWorldUpdates

👇👇👇⚠️

SpaceX $SPCX just started trading today down by 5%


💪 t.me/FinancialWorldUpdates

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X(Twitter) is currently experiencing an outage.


💪 t.me/FinancialWorldUpdates

⚠️⚠️⚠️⚠️

US Treasury issues a 60-day authorization for Iranian-origin oil to be produced, delivered and sold.


💪 t.me/FinancialWorldUpdates

US issues Iran a general license for oil trade through August 21

The US has authorized the production, delivery, and sale of Iranian-origin oil, petrochemical, and petroleum products until August 21.

This marks the official return of Iranian oil to global markets for the first time since 2018.


💪 t.me/FinancialWorldUpdates

👇👇👇⚠️

🇺🇸 POLYMARKET:

The NSA confirms Mythos “broke into almost all of our classified systems, not in weeks, but in hours”


💪 t.me/FinancialWorldUpdates

👇👇👇⚠️

📊 SpaceX has $100 billion in cash.


💪 t.me/FinancialWorldUpdates

👇👇👇⚠️

President Trump says he is preparing to sue ABC over their false reporting.


💪 t.me/FinancialWorldUpdates

⚠️⚠️⚠️⚠️

🇰🇷 South Korea's KOSPI stock market crashes 10% today.


💪 t.me/FinancialWorldUpdates

🐈 The contradictory statements from Iran and the US continue

Governor of the Central Bank of Iran, Abdolnasser Hemmati: The documents signed regarding our frozen assets do not obligate us to purchase agricultural products from America.

US President Donald Trump: The [Iranian] funds to be released will be used exclusively to purchase food from American farmers.

💪 t.me/FinancialWorldUpdates

🇮🇳 India’s FIU orders crypto exchanges to share OTC trade data above $10,000 (₹9.44 lakh)


💪 t.me/FinancialWorldUpdates