🚨🚨 Chikungunya virus is spreading in China.
The Chinese communist regime is once again resorting to authoritarian measures such as lockdowns, quarantines, and mass testing.
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🇺🇸 Trump: "Gasoline is down, it's gonna soon be less than $2 a gallon."
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🇮🇳 India is our second largest market in the world after the US, and it may well become our largest market - OpenAI CEO Sam Altman.
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🇲🇪 Montenegro’s former justice minister wants to issue €500 MILLION in bonds to build a Strategic Bitcoin Reserve.
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🇺🇸🇷🇺 United States and Russia are reportedly planning a deal with Ukraine that would confirm Russian territorial gains, per YF
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📊 Market Overview:
SPX: $6340
NASDAQ: $21242
DXY: $98
Gold: $3487
Silver: $38
Bitcoin: $116571
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🇺🇸 US imposes tariff on one-kilo gold bars, FT reports.
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🇺🇸 White House says President Trump is about to make a “major” announcement about the economy.
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🇺🇸 Trump calls on all Middle East countries to normalize ties with Israel for regional peace.
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🏴 Bank of England cuts interest rates by 25bps to 4%.
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🇺🇸 President Trump officially announces $600 billion Apple investment plan to bring manufacturing facilities to the US.
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🚨🚨 Fund Managers are the most bearish on the U.S. Dollar in 20 years
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🇺🇸🇷🇺🇺🇦 President Trump plans to meet in-person with Russia's President Putin and Ukrainian President Zelensky.
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BREAKING: 🇺🇸🇮🇳 Trump imposes an additional 25% tariff on India over Russian oil imports, bringing the total tariff to 50%
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⚡️ OpenAI is reportedly in talks for a share sale which would value the company at $500 BILLION
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🇸🇦 Saudi Arabia resumes construction on $26B Jeddah Tower to rise over 1 km as world’s tallest skyscraper.
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🇺🇸 US national debt reaches an all-time high of $37 trillion.
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🇮🇳 India has halted plans to buy US arms including multiple aircrafts, vehicles, and missiles.
India's Defense Minister has also canceled plans to visit the US.
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🇷🇺🇺🇸 Russian President Putin to meet with US President Trump next week.
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🇨🇦 Canada loses 40,800 jobs in July, largest monthly decline since the COVID pandemic.
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📊 Gold has crushed the U.S. stock market over the last 25 years
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📊 Gold prices officially surge above $3,500/oz and enter record high territory.
This puts gold prices up +43% over the last 12 months, more than DOUBLING the S&P 500's return.
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🇺🇸 US national debt surges to $37.2 Trillion
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📊 60% of Gen Z invest in the stock market outside of their 401(k)s, per Harris Poll.
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JUST IN : 🚨🚨 On Trump’s 🇺🇸 50% tariff on India 🇮🇳, PM Modi says:
"For us, the interest of our farmers is TOP priority. India will NEVER compromise on the interests of farmers, fishermen & dairy farmers."
"I know we'll have to pay a HEAVY price — but I am READY for it. 🇮🇳India is ready."
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📊 China, India, & Brazil to discuss joint BRICS response to President Trump's tariffs.
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India Responds to trumps 50% tariff.
🇮🇳India will take all actions necessary to protect its national interests.
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🇺🇸 Markets now see a 90% chance of a rate cut at the September Fed meeting
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🇺🇸 Trump has said that pharmaceutical tariffs could go to 250%
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