Week ahead : Biden vs Trump debate on 27th June, BoJ apparently ready to intervene, 1st round of French election on 30th June, 4th July UK election and 2nd round of French election on 7th July
Strong US S&P PMIs: S&P manuf and services PMIs both came in stronger than exp on Friday (6months highs), dragged GOLD lower, USD higher, NVDA had it's first negative week since ApriL (also the largest 'insider' selling week in the stock - will it matter??), DJ had it's best week since May, and we had a bearish Engulfing Pattern for Semiconductors #SMH
The yen remained under pressure and close to key levels against the dollar Monday, even after Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary
French elections: Macron pledges 'change' and to 'act until 2027' in open letter
Israel offensive into Lebanon risks Iranian military response, top US military leader says
Apollo : The Neutral Interest Rate Is Higher than the Fed Thinks
Apple likely won't release its new AI features in Europe this year because of regulatory concerns >>> data protection, copyright's issues...
China wants EU to scrap proposed higher tariffs and 'abide by WTO rules,' state media reports
WSJ: "Manufacturing comprises 15% of Europe’s overall output, and 18% of Germany’s, compared with 11% of the U.S.’s, reflecting specialization in high-tech engineering tools and machinery that helped to power China’s rise. But China increasingly competes in products it used to buy from Europe."
Growth’s outperformance versus Value is at its highest level since 2000, and/or Small cap stocks are down 2% on the year while Large caps are up 15%, nothing new, as we all know about the Mag 5 or 7, but still
Apollo : The Neutral Interest Rate Is Higher than the Fed Thinks 062324-Chart.pdf (apolloacademy.com)
Rory Stewart on X: "The clearest and most constructive option for a new Labour growth plan is to rejoin the EU Customs Union. That is NOT the same as rejoining the EU. But it would make immense sense economically and strategically. Please do it! https://t.co/dyyplCSVd9" / X (twitter.com)
#SMH smi conductor index 'bearish engulfing candle'
EURJPY - BoJ testing times ahead - again
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