⚡️ JUST IN: Iran says there are currently no ongoing negotiations with the US despite rumours.

✅@futures

CryptoFlash

The US Q2 earnings season is ongoing, with 80% of reported companies beating revenue expectations, surpassing the 5-year average of 70% and the 10-year average of 68%.

Additionally, 86% exceeded EPS expectations, above the 5-year average of 78% and the 10-year average of 76%, according to FactSet.

✅@futures

CryptoFlash

⚡️ JUST IN: Saudi Arabia says it shot down several drones coming from Iraq.

✅@futures

CryptoFlash

BitMEX will cease operations starting September. Founded in 2014 by co-founder Arthur Hayes, it pioneered perpetual futures and introduced up to 100x leverage in May 2016, setting an industry standard.

✅@futures

CryptoFlash

⚡️ JUST IN: Trump says the United States is talking with Iran "right now."

✅@futures

CryptoFlash

In crypto, everyone hates Trump, but not Kimchi. The Korean trader made around $40 million by going long on the TRUMP meme token in its first seconds and selling at peak hype. The coin hit an FDV of $80 billion early on.

Since then, Kimchi vanished from content, returning to X only a few times a year to post silent photos.

✅@futures

CryptoFlash

US chipmakers' stocks are falling after news that China has started its own chip production.

Chipmakers lost $1 trillion in market value.

✅@futures

CryptoFlash

The dollar has lost its purchasing power: 100 years ago, $1 bought 30 chocolates, today it only buys a pack of gummies.

✅@futures

CryptoFlash

⚡️ JUST IN: Mediators say they are close to a breakthrough on reviving the US-Iran MoU peace agreement.

✅@futures

CryptoFlash

Professor John Mearsheimer says the US has been at war two out of every three years since the end of the Cold War and is dependent on war.

He adds that Washington feels like a place always planning the next target.

✅@futures

CryptoFlash

Everybody has two lives.

And the second one starts when you realize you only have one.

✅@futures

CryptoFlash

⚡️ JUST IN: South Korea’s finance minister will hold an emergency market meeting after repeated $KOSPI circuit breakers and a 17% plunge in SK Hynix shares.

✅@futures

CryptoFlash

Trump says U.S. strikes will take place against Iran in response to attacks on U.S. targets in Jordan.

✅@futures

CryptoFlash

⚡️ JUST IN: US-owned LNG floating storage facility was hit by at least one Iranian drone during cargo unloading at Egypt’s Damietta port, causing an explosion at the terminal, Ambrey reports.

The situation was contained and affected vessels were moved outside port limits, while Egyptian authorities have not confirmed the drone attack, according to Inchcape.

✅@futures

CryptoFlash

💵 Fed Decision Divides Market Ahead of Vote

Today’s Fed decision splits the market: futures show a 30% chance of a rate hike and 70% for a cut.

This gap hasn’t appeared since before March 2020, when consensus was near 99% for each meeting.

Trump pushes for cuts and backed replacing Powell with Worsha, aiming for easing. But the Iran war’s oil shock and some Worsha comments hint the Fed might hike, which would spook markets.

✅@futures

CryptoFlash

⚡️ JUST IN: FED leaves rates unchanged.

✅@futures

CryptoFlash

Trump said we will be hitting Iran hard today and that it's our turn.

✅@futures

CryptoFlash

⚡️ JUST IN: Iran launches ballistic missiles at a US base in Jordan.

✅@futures

CryptoFlash

Trading paradox:

The faster you want it, the longer it takes.

If you want maximum velocity, you must move as slowly as possible.

✅@futures

CryptoFlash

The bond vigilantes are back.

US 30yr yields are at their highest level since 2007!

Clearly the bond market wasn't impressed with that FOMC.

Higher long dated yields = higher mortgage costs

✅@futures

CryptoFlash