Iran has reportedly suspended the entire 60-day negotiation period with the US, citing Israeli attacks on southern Lebanon as a breach of the MOU’s first clause, less than 24 hours after signing.
Iran’s delegation was preparing to depart for Switzerland before the trip was called off, and talks remain suspended until Israeli attacks stop and the US adheres to first-clause obligations.
Iran’s delegation was preparing to depart for Switzerland before the trip was called off, and talks remain suspended until Israeli attacks stop and the US adheres to first-clause obligations.
🚨 JUST IN: Trump says Iran will not impose tolls on vessels in the Strait of Hormuz for 60 days.
He states there will be no tolls during the ceasefire period and none afterward unless imposed by the US.
He states there will be no tolls during the ceasefire period and none afterward unless imposed by the US.
If you can make a case for both sides of the market, sit on your hands.
Wait for more information.
If the narrative isn’t clear, do nothing.
Wait for more information.
If the narrative isn’t clear, do nothing.
❤2
🚨 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.
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.
Your biggest winning streak and your biggest losing streak can come from the exact same strategy.
Think about it.
Think about it.
💱 Global Rate Cut Cycle Ends as Central Banks Balance Hikes and Cuts
In May, 26 central banks hiked rates and 26 cut rates among 52 worldwide, ending two years of more cuts than hikes each month.
The last balance was in early 2021 before three years of restrictive policy. The gap peaked mid-2022, with 28 more hikes than cuts.
Last week, the European Central Bank raised rates by 25 basis points to 2.25%, its first hike since September 2023. On Tuesday, the Bank of Japan raised rates by 25 basis points to 1.0%, the highest since 1995.
These moves signal the start of a global tightening cycle.
In May, 26 central banks hiked rates and 26 cut rates among 52 worldwide, ending two years of more cuts than hikes each month.
The last balance was in early 2021 before three years of restrictive policy. The gap peaked mid-2022, with 28 more hikes than cuts.
Last week, the European Central Bank raised rates by 25 basis points to 2.25%, its first hike since September 2023. On Tuesday, the Bank of Japan raised rates by 25 basis points to 1.0%, the highest since 1995.
These moves signal the start of a global tightening cycle.
You don’t need to catch every move.
You need to wait for your setup.
Most losses come from trying to force a trade that was never there.
You need to wait for your setup.
Most losses come from trying to force a trade that was never there.
U.S. INFLATION HITS 3-YEAR HIGH
U.S. inflation climbed to 4.1% in May, its highest level in more than three years, while consumer spending rose 0.3%, showing resilient demand. First-quarter GDP was also revised higher to 2.1%. The stronger data is likely to reinforce expectations that the Federal Reserve will raise interest rates later this year.
U.S. inflation climbed to 4.1% in May, its highest level in more than three years, while consumer spending rose 0.3%, showing resilient demand. First-quarter GDP was also revised higher to 2.1%. The stronger data is likely to reinforce expectations that the Federal Reserve will raise interest rates later this year.
🚨 JUST IN: Iran proposes charging service fees for ships passing through the Strait of Hormuz, with revenue shared among Gulf countries.
Iran estimates these fees could generate around $40 billion annually.
Iran estimates these fees could generate around $40 billion annually.
All the successful day traders that I know have been through hell and back.
They have been in positions where 95% of people would have quit.
Years of blown accounts, high stress, pain and suffering.
However, this is what builds the character required to be a successful trader.
They have been in positions where 95% of people would have quit.
Years of blown accounts, high stress, pain and suffering.
However, this is what builds the character required to be a successful trader.
🚨 BREAKING: More economists are forecasting Fed rate hikes than cuts for the first time since 2023, per Reuters
🚨 JUST IN: Trump accuses Iran of a "foolish violation" of the US-Iran ceasefire agreement after Iran fired at least four one-way attack drones at ships in the Strait of Hormuz.
Trump condemned the drone attacks as a breach of the ceasefire deal between the two countries
Trump condemned the drone attacks as a breach of the ceasefire deal between the two countries
🚨 JUST IN: US Military has conducted new strikes near the Strait of Hormuz.
This is the first US strike in the region since the signing of the “Memorandum of Understanding.”
This is the first US strike in the region since the signing of the “Memorandum of Understanding.”
Trump announces new US military strikes on Iran and warns Iran will no longer exist if the US can no longer be reasonable.