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U.S Supreme court cements Trump's power / Russia closes checkpoints / CHF, JPY, GOLD softer / CHINA AI push !

  • sc0172
  • Jul 1
  • 3 min read

  • Supreme Court cements Trump's power over agencies long considered independent, The conservative majority will hand the president sweeping control over the executive branch, the FTC, the NLRB, the whole alphabet, but it drew one bright line around the Federal Reserve, at least he doesn't have control of the FED....yet anyway..

  • Trump reported ''earning'' at least $1.4 billion in 2025 from crypto and coin ventures..

  • Markets : French and German inflation came in incredibly soft yday, EU inflation this morning >> the ECB has made a policy error and will pivot again soon, if not very soon.. #EURO, JPY, CHF and GOLD continue to weaken into quarter-end, let's see now, beware short covering, Microsoft is planning to announce job cuts impacting thousands of roles next week, overall we remain bearish #CHF #underweight

  • Russia has just closed numerous checkpoints between Estonia, Latvia and Finland ..Trump told G7 leaders he is disappointed with Putin and may drop the so-called "Anchorage agreements.", FUEL shortages in Russia, Crimea etc getting pretty serious!

  • Chinese models charge as little as 18 cents per million tokens versus $4 average for top models, says CitiBank Research, China’s open-source AI push (govt-backed) is designed to crush margins to zero. If everyone can get frontier-level models for free, US labs can’t monetize, and that pressure ripples out to the broader US economy

  • #JPY Japan Is Running Out of Easy Choices The yen breaking beyond 162 against the dollar is not just a currency headline. It is the market testing whether Japan’s intervention zone still has power/Thread

  • US negotiators Jared Kushner and Steve Witkoff had positive discussions with regional leaders in Qatar and technical talks with Iran are moving ahead

  • Cleveland Fed President Hammack says AI could fuel inflation, rate hikes may be necessary





basically hardly any interventions, drop in the ocean



Earnings ?... really..

All totally normal.. Trump reported making more than $594 million from sales by World Liberty Financial, the crypto firm whose co-founders include Trump, his sons, and Steven Witkoff, a top diplomat in his administration. Zach Witkoff, the special envoy’s son, serves as chief executive officer


































 
 
 

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