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EU 'triple threat' / Barnier not happy with VdL / ECB to cut / ADP & ISM services pretty weak, NFP tom

  • Writer: Stéphan
    Stéphan
  • Jun 5
  • 4 min read

ree

  • Markets : USD weakened on weaker ADP (37K, the lowest in more than 2 years), spirited UST rally across the curve with 30s back to 4.87%, had a bit of short squeeze feel to it with discontinuous NFP price action coming up tomorrow (a weak one will push market to price something for the June Fed meeting in 2 weeks..). Trump's bill to add $2.4trn to deficit (CBO), and now Musk escalates attack, urges Americans to 'kill' Trump's tax cut bill, Key Senate Republicans strategized with Trump today on how to cut spending deeper, EUROPE has to be totally united, more than ever before/Thread below >>> ECB will cut (all priced in), weak NFP will lead to June cut talks, USD stays weak(er), precious metals should confirm break up #PLAT #PALL #XAG and gold of course also Gold miners #GDXJ broke up last week looks like silvers miners finally doing it this week #SILV etc

  • EU is discussing a "triple threat" from Trump regarding Ukraine, NATO and trade - FT

  • Michel Barnier slams ‘authoritarian drift’ in Brussels under Ursula von der Leyen

  • Fox: Some of the biggest names on Wall Street are getting anxious. Billionaire Bill Ackman says if tariffs stay in place, we face an economic nuclear winter. Banker Jamie Dimon says tariffs will slow economic growth. Fed Chair Powell has said tariffs will bring higher inflation

  • Google backs AI-boosted nuclear fusion reactor

  • HELOC withdrawals surge to highest level in 17y in first quarter (..2008)- ICE Mortgage

  • The Global Gold Divergence: East Accumulates, West Distracted/Thread

  • #XAUUSD Central banks been buying nearly 4x more gold than what has been publicly disclosed, according to Bloomberg. A new gold rush is unfolding in real time....

  • It’s been many years since you’ve seen overseas markets dramatically outperform the US. Dollar fell a lot after tech stocks blew up in 2000 >>>> Goldman: the Chinese yuan may now be commencing a multi-year strengthening path against the USD (...they all slowly joining in...) >>> #USD is near very key long-term support, showing signs of breaking down, let's see after ECB today and NFP tom

  • #MSFT is laying off more workers as AI continues to trim workforces..

  • Canada just hit back at U.S on trade - tariffs — and pretty hard










What will this mean in other fields, corporations, governments...





You bet !




It is not merely a Ukrainian success; it is a warning to all those that believe distance or size can guarantee safety.



The great battle for Europe is underway. The United States, China, and Russia are all interested in Europe. But they are not interested in a united, strong Europe. They want a decentralized, deindustrialized, and weakened Europe. That way, it becomes easier to wage economic wars with individual European countries. And for Russia, it becomes easier to seize territories and install pro-Russian governments.









 
 
 

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