Financial World Updates
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Received real time updates about the Financial World ๐ŸŒŽ

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๐Ÿ‡ช๐Ÿ‡บ Pavel Durov says procedural tricks once linked to banana republics are now being used in the EU to pass surveillance laws.


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๐Ÿ‡บ๐Ÿ‡ธ US CBDC ban becomes law through 2030 after Trump skips signing the bill.


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๐Ÿ‡จ๐Ÿ‡ณ China orders oil refineries to keep fuel output high due to Iran war.


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U.S. President Donald Trump:

1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow, should the Iranian Government act on its threat, pronounced in many corners of the Globe, to assassinate, or attempt to assassinate, the sitting President of the United States of America, in this case, ME! Orders have already been given, and the U.S. Military is ready, willing, and able, for a one year period of time, subject to extension, to completely decimate and destroy all areas of Iran - PRAISE BE TO ALLAH!


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Russians urged to work from home amid fuel crisis


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The IMF warns dollar stablecoins could fuel bank-style currency runs during crises.


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Iran's Speaker of the Parliament declares the era of one-sided deals is over after Iran shuts down the Strait of Hormuz.

He warns, "Keep your word or pay the price. Reality is knocking."


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Elon Musk slams OpenAI CEO Sam Altman:

"After stealing an open source AI charity, you then stole all of Apple's phone technology."


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๐Ÿ‡ช๐Ÿ‡ฌ Egypt's current account deficit more than doubled to $5.1 billion in Q1, driven by a wider trade gap.


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๐Ÿ“Š Key Events This Week:

1. Markets React to Strait of Hormuz Closure - Today, 6 PM ET

2. June CPI Inflation data - Tuesday

3. June PPI Inflation data - Wednesday

4. June Retail Sales data - Thursday

5. July Philly Fed Manufacturing Index - Thursday

6. July MI Inflation Expectations data - Friday

7. July MI Consumer Sentiment data - Friday

8. ~10% of S&P 500 Companies Report Earnings

We have a highly eventful week ahead of us.


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AI: OpenAI, Meta, and SpaceXAI are racing to cut AI costs with more efficient models, putting pressure on rivals like Anthropic.


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๐Ÿˆ Only 6 ships crossed the Strait of Hormuz in the past 24 hours.


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๐Ÿ‡บ๐Ÿ‡ธ US Dollarโ€™s share of global reserves has dropped to a 21st-century low.


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SK Hynix crashes -15.4% in its biggest drop in history.


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Over $950 BILLION wiped out from Asian stock markets following US-Iran strikes.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea's KOSPI is down -9.2%, wiping out โ‚ฉ561,200,000,000,000 ($377 BILLION)


๐Ÿ‡ฏ๐Ÿ‡ต Japan's NIKKEI is down -2.7%, wiping out ยฅ38,610,000,000,000 ($236 BILLION)


๐Ÿ‡จ๐Ÿ‡ณ China's SSE is down -2.3%, wiping out ยฅ1,430,000,000,000 ($210 BILLION)


๐Ÿ‡น๐Ÿ‡ผ Taiwan's stock market is down -3.1%, wiping out NT$3,813,000,000,000 ($127 BILLION)


๐Ÿ‡ฎ๐Ÿ‡ณ India's NIFTY is down -0.3%, wiping out โ‚น1,260,000,000,000 ($14.7 BILLION).



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EU, UK hit Russia with joint sanctions over cyber attacks.


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๐Ÿˆ US Earnings Season Kicks Off This Week

This week starts the US earnings season.
The largest banks report Tuesday: Goldman, Citi, Wells Fargo, JPMorgan, and BofA.
On Wednesday, Morgan, BlackRock, and BNY follow.


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๐Ÿ‡ฌ๐Ÿ‡ง UK to provide over ยฃ250 million to help police protect Jewish communities due to rising antisemitic attacks.


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