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Iran final update ? : after 40 ''deals'', the real deal seems to have arrived, signature a the G7 maybe ?.. though Ben-Gvir seems to say the agreement does not bind Israel..some confusion still as to what was actually agreed..markets don't care !...The US and Iran said they have reached an interim accord to halt the war and reopen the Strait of Hormuz, paving the way for talks on Tehran’s nuclear program. Officials from both sides will meet in Switzerland on Friday to sign an agreement. No text has been released by either country, Shipowners remain wary of how the deal will pan out after months of false starts, with nearly 600 vessels primed for exit from the Persian Gulf, ''Trump got outplayed, no matter how you slice it, Iran in a stronger position, they will get billions from the US govt to end this absolutely disaster of U.S foreign policy.. and keep control of Hormuz, well played!'' Markets : Bank of America confirmed the shift, hyperscalers have doubled the non-dollar share of their bond funding to 30% of total issuance in 2026 (thread), U.S froze Anthropic's advances Ai models, markets rally hard on 'the Iran deal', FOMC expected to hold at Warsh's first meeting, drop the dot plot and probably a little hawkish are the expectations, PM's rally as yields drop, bonds rally on lower crude prices, 160+ USDJPY still though, a delayed reaction to lower oil prices and JPY rallies again ? Japan to rebuild 14 nuclear reactors by 2050 The FOMC meeting, retail sales data, Kroger earnings, and more to watch this week U.S. and Iran reach peace deal to end the Mideast war, with agreement set to be signed Friday Visioner on X: "🇺🇸🇮🇷🇨🇭 BIG | Iranian Parliament Speaker Mohammed Bagher (the lead negotiator) and Foreign Minister Abbas Araghchi will travel to Geneva to sign the agreement alongside U.S. Vice President JD Vance. The meeting will mark the highest-level direct engagement between Tehran and https://t.co/EbjSVgokvb" / X , Ukraine is winning the drone war. Now it needs to win over Trump. Anthropic disables access to Fable 5 and Mythos 5 to comply with government directive Milk Road AI on X: "This is WILD! Something very large is happening in global bond markets, and most people are completely missing it (Save this). The hyperscalers, Amazon, Google, Microsoft, and Meta have collectively committed $725 billion in capital expenditure for 2026 alone, up 77% from the https://t.co/hi61C2wgzh" / X UK Stock Market News: Big Yellow, Renewables Infrastructure, Frasers UK forces board sanctioned Russian shadow fleet oil tanker Keir Starmer poised to backtrack on electric vehicle targets Swiss voters reject proposal to cap population at ten million - SWI swissinfo.ch Madness Geneva closes most of border with France for G7 summit - SWI swissinfo.ch Helvetia-Baloise „killt“ nach Jobs auch Mieten – Inside Paradeplatz Daniel on X: "Kevin Warsh's view is clear: AI will eventually force interest rates lower because it will be highly deflationary. "AI is going to make almost everything cost less. We're at the front end of a productivity boom." The problem is that today's economy is telling a different story. https://t.co/ljZBEZ20nY" / X Japan to rebuild 14 nuclear reactors by 2050 | New Civil Engineer

SpaceX is expected begin trading on the Nasdaq today after raising $75 billion in the biggest-ever IPO and putting Elon Musk on the verge of becoming the first trillionaire. Shadow markets are pricing in a jump of at least 35% on its debut...bring it on ! Iran war updates : Trump was going to bomb the hell out of Iran, and on same day claimed the war is over, deal to be signed this weekend..Per Axios, Trump agreed that one option for resolving the enriched uranium standoff is down-blending the stockpile inside Iran under UN inspector supervision..Trump folding.. Markets : Stocks extended gains and oil slipped after Trump claimed, for the 28th time.. (amazing algo's love the news still), “we ended the war with Iran” and a deal may be signed as soon as this weekend. Global equity futures rose. The two sides agreed on an MoU, which still needs a final sign-off, to extend the truce for 60 days, ECB hiked as priced and expected. The UST Long Bond at or near 5% will be the tell going forward, as usual 10's UST finds some bond buyers above 4.5% yields., China's oil imports are COLLAPSING (thread) OpenAI weighs major pricing shake-up to counter Anthropic as both companies eye trillion-dollar IPO dreams: Report, and pricing war starting !.. The drop in nitrogen fertilizer prices ..!.. India has received offers for its latest urea tender at an average price of $530 per tonne, down ~44% from $947 per tonne in April China warns EU on new sanctions over Ukraine war, The EU needs to grasp a basic point: China is not a minor state waiting for lectures from Brussels... WSJ - Inside the White House Freakout Over the Epstein Files...The president’s top advisers gathered in a series of Situation Room meetings as they struggled to contain a scandal engulfing Donald Trump himself So Christine finally hiked from 2 to 2.25%, with headline inflation at 3.2%, major energy shock mentioned, that same ECB (and others) that saw inflation as transitory in 2022..., then they lowered 2026 and 2027's GDP forecasts by 0.1% to 0.8% and 1.2% respectively..not very consistent nor credible really, luckily many other CB's aren't either, FOMC and BoJ next week + SNB Biggest news so far this week ! The AI bubble bursting SoftBank tried to borrow $6B against its OpenAI stake — then shares plunged 9.7%. Is the AI boom running into reality? The banks don’t believe OpenAI is worth $850 bn then ? and thus other Ai valuation.. The same OpenAI lost $14 billion in 2026 (lost about 10bn last year)...which just filed for a $1 trillion IPO, looks totally normal ?.. SoftBank needed the loan to keep funding OpenAI., to fund the company they already own 13% of, with money borrowed against the stake they already own. Masayoshi Son previously lost $70 billion on WeWork, he called it, at some point, the most valuable company in the world.... can only guess that the banks remembered WeWork............ fascinating times that for sure! OpenAI weighs major pricing shake-up to counter Anthropic as both companies eye trillion-dollar IPO dreams: Report Prices coming DOWN ! ...after all that Capex spending on higher debt! ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs Trump says he has canceled strikes on Iran, signals move toward deal China warns EU on new sanctions over Ukraine war The EU needs to grasp a basic point: China is not a minor state waiting for lectures from Brussels. If Europe sanctions Chinese, Turkish, Indian or other firms for not following its Russia policy, it should not be surprised when Beijing hits back. Unilateral, extra‑legal sanctions are not “rules‑based order,” they are raw power politics. And China is not a soft target: its industrial base, market size and control over key supply chains mean any escalation will hurt both sides. Europe still behaves as if it runs the world economy. It doesn’t. If Brussels normalises sanctions, China can just as easily normalise counter‑measures. Do not pick a fight with the factory of the world and then complain when the factory starts stress‑testing your supply chain. Huge too, no wonder Trump is unhinged ... Inside Trump’s White House, the Epstein Files Caused a Freakout - The New York Times Collusion, breaking the law, evading subpoenas—it’s all in there: - Trump quashing the files - The VP, COS, DOJ, FBI, and others colluding in the Situation Room to stop their release and compliance - Officials lying to the public - Admin in-fighting and exits - Officials who appeared in front of Congress during this time UK.. plenty of troubles out there.. Channel Tunnel owner threatens legal action over UK’s tripling of business rates Keir Starmer faces fresh blow after resignations by Al Carns and John Healey over defence spending - live updates - BBC News Global Markets Investor on X: "⚠️China's oil imports are COLLAPSING: Chinese crude imports fell to 7.8 million barrels per day in May, the lowest since October 2017. This marks a decline of -3.8 million barrels per day, or -33%, from the 2025 average of ~11.6 million barrels per day. The drop reflects https://t.co/VLjYuHJpvZ" / X

Yes, the World cup kicks off today! Iran war updates : Oil tankers go dark to sneak more barrels through Hormuz (help explains relatively soft crude prices?), Tehran strikes ships in Hormuz, launches attacks on Bahrain, Kuwait and Jordan after US assault U.S inflation hit 4.2%, a 3-year high. But strip out the oil war and core inflation actually cooled a little. This is-looks like a supply shock, not demand. The Fed cannot fix the Strait of Hormuz with rate hikes, though the longer crude prices stay high, the hardest it'll be to deal with inflation, add the K economy to it and it's a nightmare.. >>> "Simply put, the inflation of the Iran war will soon force the US (and by extension, much of the West) to choose between “save the currency” (let bond yields rise sharply with inflation, i.e., bond prices FALL sharply), breaking everything but the USD and gold) or “save the bond market” (print USD to cap UST yields to maintain nominal US government solvency, turbocharging the already accelerating and soon-to-be problematic inflation)." Markets : U.S markets fell as U.S CPI rose to a 3y high, Iran worries on the increase again and SpaceX pre IPO nerves tested, FX super quiet, although #CHF a little softer (200dma #EURCHF is around current levels 0.9230.. ), broadly speaking we expect SNB to be unchanged next week (economy soft, inflation near lows..nothing to do, see here..), and rest of the world likely to hike (ECB to hike today all about 'inflation forecast' going fwd, BoJ priced in, FOMC probably unch but hawkish), should keep CHF on soft side, #Oracle falls after hours on 'higher spending', more debt yet again!, which is slowly but surely being questioned across AI-Tech sector, SpaceX a clear 'sentiment' indicator for the whole sector, either way !, OpenAI considers drastic price cuts, anticipating war for users with Anthropic Bank of America told clients to take profits. Seven of the bank's ten bear market signposts have triggered ChatGPT getting worse, did you notice ? ChatGPT feels dumber than it used to. Your prompts that worked six months ago produce worse results now. The writing sounds flatter. The ideas sound safer >> You thought it was you. It is not you. Researchers at Oxford and Cambridge published a paper in Nature proving what is happening. They call it Model Collapse (Thread) Swiss National Bank expected to resist global rate-hike trend: Reuters poll | Euronews Bank of Japan governor Ueda hospitalised, will miss June meeting | Reuters Oracle’s stock slides after earnings, as the steep price of AI spooks investors OpenAI considers drastic price cuts, anticipating war for users with Anthropic Pimco Warns a Wave of Defaults Is Coming for Low-Quality Borrowers | Financial Post BofA warns investors to take profits as 70% of the bank's bear market signals flash red Oil tankers go dark to sneak more barrels through Hormuz | The Seattle Times US and Iran exchange strikes across Middle East for second day in a row Iran, US-Israel war LIVE updates: Tehran strikes ships in Hormuz, launches attacks on Bahrain, Kuwait and Jordan after US assault - World News | The Financial Express Alex Finn on X: "AI subscriptions are dead Claude Fable 5 will only be on the Anthropic subscription until June 22nd. After that, you will need to pay for usage per token This will be the start of a much larger trend Frontier models will no longer be included in subs You’ll pay a fee and it" / X Nav Toor on X: "You have noticed it. ChatGPT feels dumber than it used to. Your prompts that worked six months ago produce worse results now. The writing sounds flatter. The ideas sound safer. The internet itself feels like it is shrinking. Every article reads the same. Every email sounds the https://t.co/hJHOMEnpEh" /

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