⚠️ Key Events This Week

It's a shortened trading week, but there's still plenty to watch. The June Jobs Report takes center stage, while markets will also stay sensitive to any headlines around the Strait of Hormuz and the broader Middle East situation.

🟡Tuesday

● May JOLTS Job Openings
● June CB Consumer Confidence

JOLTS measures labor demand across the economy, while consumer confidence shows how households view current and future economic conditions.

🟡Wednesday

● June ISM Manufacturing PMI

This report gives a fresh read on manufacturing activity and business conditions. Markets will watch for signs of stronger growth or further slowdown.

🔴 Thursday

● June Jobs Report

The key release of the week. Payrolls, unemployment, and wage growth will shape expectations for the Fed and likely drive the biggest market moves.

⛔Friday

● US Markets Closed for Independence Day

Main focus: Thursday's Jobs Report, with Iran-related headlines remaining the key wildcard.

✅@futures

⚡️ JUST IN: Iran denies Axios’ report of US-Iran technical talks in Doha this week, stating meetings will occur only after frozen funds are released and Israel ends operations in Lebanon.

✅@futures

US tech sector funds saw an outflow of $15 billion last week, the largest in 2.5 years.

✅@futures

The UK has shown almost no economic growth for two decades and is now poorer than the poorest US state, Mississippi, while the new government plans sharp tax hikes.

✅@futures

💸 USDT Trading at 8.5% Premium in India

USDT is selling in India at an 8.5% premium over the dollar rate. It trades near 103 rupees versus the official 94.65 rupees per dollar.

Raids on firms using USDT to bypass currency rules have cut liquidity on local platforms, causing a shortage. The usual premium of 3–4% has more than doubled.

✅@futures

Robert Kiyosaki predicts gold will rise to $35,000 within 5 years.

✅@futures

💰 Major Firms Launch New Stablecoin Open USD

Visa, Mastercard, Blackrock, Stripe, Coinbase, and BNY are launching Open USD (OUSD). It offers free minting, revenue share from reserves (interest minus fees), and joint governance.

Unlike USDT and USDC, no single issuer controls it. Launch is planned for later in 2026.

Meanwhile, CRCL shares face a dump and capitulation, threatening their survival.

✅@futures

US chipmakers deliver their best quarter ever in US stocks.

✅@futures

⚡️ JUST IN: U.S. private employers added 98,000 jobs in June, below the 118,000 forecast.

✅@futures

Trump bought Axon Enterprise shares two weeks before the company secured a $220 million contract from ICE, sending its stock soaring.

✅@futures

Hedge funds raised long US dollar positions to the highest since January.

✅@futures

Michael Burry, the investor who predicted 51of the last 2 US stock market crashes, shorted shares of NVDA, TSLA, AMAT, and CAT.

✅@futures

BTC has dropped 54% from its October peak, the largest and longest decline since 2022.

Options traders bet on BTC falling to $50,000.

✅@futures

Speculators raised short positions in the yen to near-record levels, says CFTC. Bank of Japan vows strong action.

✅@futures