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EURUSD <1.1400 , USDCHF up / Crude 4months lows / Trump threatens Big Oil / Dutch, German pension reforms

  • sc0172
  • 3 days ago
  • 3 min read

  •  crude 4months lows... - Iran update : US Senate joins House in voting to halt Iran war, rebuking Trump. The Senate voted 50-48 in favor of the war powers resolution, which passed the House early this month, reflecting growing concern even among some of Trump's Republicans, Trump to Big Oil: lower your prices or the DOJ starts looking into you. The same guy who spent years promising to get government out of the way now wants it to enforce price movement on his timeline. The invisible hand just got a visible assist.

  • Markets : tech struggling/momentum broken/back from space !, nothing too dramatic, yet anyway, beware markets may well have overheated already!, USDollar continues it's march/grind higher, remain bullish overall-stay behind momentum, big break sub 1.14 EURUSD (surprise 1.08 move ?..) and 0.8100+ USDCHF looks bullish, should take EURCHF and GBPCHF with it

  • Trump has turned the White House into a 24/7 corruption operation. This is a national crisis / Thread from Senator Chris Murphy

  • Asian stocks and US futures fluctuated after a global tech-led selloff revived concerns that the AI-driven equity rally had gone too far(BBG), BOJ June summary of opinions shows support for continued rate hikes

  • SpaceX raised $25 billion in its debut US high-grade bond sale, though the wider spread on its 2036 notes underscored investor caution!

  • Race for robotaxi market arrives in London

  • UK politics, all change, Farage looks done too

  • The Dutch government has agreed to work with the EU to change rules that have led to domestic funds dominating the country’s workplace retirement system >>> Dutch pensions alone represent a €1.5tn market. Across Europe, households and pension funds hold enormous pools of savings, but too much of it remains fragmented by national rules, domestic mandates and shallow capital markets, capital markets Union matters going forward...EURO savings to be turned into EUR investments at scale.. and Germany is also preparing the biggest pension reform in its recent history




To repay crappy loans in othe companies..




This is positive for two reasons. 1. First, it is economically sustainable and avoids locking the country's future into ever-rising pension spending as the population ages. 2. Second, it redirects capital into productive European assets, companies, infrastructure and innovation instead of using almost all pension contributions to finance current public spending









 
 
 

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