Early FX pricing as the new trading week gets underway

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Javier Milei has lowered Argentina’s monthly inflation rate from 26% to just 1.5%. The economy grew 7.6% in Q2 YoY. Geiger Capital: "Never forget… the media and professional class labeled him a dangerous “far-right” lunatic because he wanted to cut spending."

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Fox News: Our most recent poll shows that 57% of Americans say tariffs are going to hurt the economy. What's your message? Bessent: Trump Derangement Syndrome has turned into Tariff Derangement Syndrome.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comReporter: Trump's 90 day pause on tariffs ends in three days. What happens on Wednesday? Bessent: We'll see. We're gonna be very busy over the next 72 hours ... I think we're gonna see a lot of deals very quickly.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comIsrael Stock Market hits a new all-time high after soaring 21% over the last 2 months

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Pepperstone: The week ahead for financial markets

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Korean Trade Minister: Trade negotiations with Washington may extend beyond the July 9 deadline.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comSwitzerland will vote on a 50% inheritance tax for the ultra-wealthy in November

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Elon Musk: "Today, the America Party is formed to give you back your freedom."

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US Secret Service launches global operation to combat crypto scams.

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UK is experiencing a record-breaking outflow of wealthy individuals, with an estimated 16,500 high-net-worth individuals leaving in 2025.

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R.Brooks: The idea that EU countries are shipping goods to Russia while Ukraine burns is terrifying and appalling, but this is exactly what's happening and it's been going on for over three years. In the EU, short-term greed overrides what's right.

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Meanwhile Zuck kept up his tradition of patriotic wakesurfing
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comWe've never been so rich! Global equities have hit a fresh ATH, now worth $135tn, equal to 121% of global GDP. 4yrs ago, the stock market value was equivalent to 1.4 times global GDP.

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Spencer Hakimian: Out of absolutely fucking nowhere, we are now threatening 17% tariffs on all European food. No context. No alleged grievance. No warning.

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Don't forget to take your dog to the beach. Have a good weekend!
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comHappy 4th!
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comReporter: Can we expect any more trade deals before next week? TRUMP: My inclination is to send a letter out and say what tariff they're gonna be paying. It's just much easier ... 'you're gonna pay a 20%, or 25, or 30% tariff.' We're gonna be sending some letters out starting probably tomorrow.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comEnough of markets and politics. Have a good weekend.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comThe House has officially passed the Big Beautiful Bill. President Trump will sign it during tomorrow’s July 4th ceremony.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comS&P 500 closes 0.8% higher, NASDAQ 100 up 1%. S.Hakimian: "...Keep bidding stocks to the moon because there’s another 90 day pause on tariffs coming!"

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Reporter: "Companies manufacture a lot in Vietnam. It's gonna be a higher cost of doing business for them to bring that product into the US." Bessent: "Businesses have already adjusted to a 10% tariffs. So we'll see what happens with the additional 10% ... tariffs are not inflationary."
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.comPOTUS: We brought the price of Eggs back to what they were supposed to be. When I took over on January 20th, the Fake News was screaming that, “Egg prices have gone through the roof, quadrupled,” they said. Now they’re plentiful, and inexpensive. “Thank you President Trump!”

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