DAVE

[The Kobeissi Letter @KobeissiLetter]

BREAKING: A total of 911,500,000 shares of SpaceX, $SPCX, held by employees and early investors, become eligible to trade tomorrow.

That's ~43% more than the 638,900,000 shares issued at IPO.

SpaceX's free float is set to increase from 4.9% to 11.8% of outstanding shares.

[Bank for International Settlements @BIS_org]

The recent surge in energy prices, driven by geopolitical conflict, ranks among the most significant shocks since the 1990s and presents a major challenge for monetary policy. https://t.co/zQB4xUzqAn

#BISBulletin

[INEGI INFORMA @INEGI_INFORMA]

Los indicadores compuestos que conforman el Sistema de Indicadores Cíclicos #SIC tuvieron las siguientes variaciones:

En mayo 2026, el Indicador Coincidente se situó en 99.8 puntos, por debajo de su tendencia de largo plazo y registró un alza mensual de 0.03 puntos.

En junio 2026, el Indicador Adelantado se ubicó en 100.8 puntos, por arriba de su tendencia de largo plazo y presentó un incremento mensual de 0.04 puntos.

📄 Consulta el boletín de indicador: https://t.co/mY5U3Kod7K

[Enrique Abeyta @enriqueabeyta]

Today is the 236th anniversary of US Debt!

It began with the Funding Act passed on August 4, 1790 and drafted by Alexander Hamilton.

Happy Birthday?

[Lisa Abramowicz @lisaabramowicz1]

US manufacturing is booming, expanding at the fastest pace since 2022 and beating expectations in many metrics for the month of July. Omar Sharif of Inflation Insights points out that the ISM production index rose by the most for any July since 1951. https://t.co/SiVnhJghQA

[Arturo Herrera Gutiérrez @ArturoHerrera_G]

El boom de los centros de datos ligados al desarrollo de la Inteligencia Artificial en Estados Unidos ha traído un aumento de la demanda de los servidores. De acuerdo con el Financial Times una parte muy significativa demanda ese tipo de importaciones proviene de México.

[United States Trade Representative @USTradeRep]

Today, Ambassador Greer is taking action, at President Trump’s direction, under Section 301 of the Trade Act of 1974 by imposing tariffs on 60 trading partners for their failure to adopt and effectively enforce a prohibition on the importation of goods produced with forced labor.
https://t.co/o3ziUyj0XT

[Otavio (Tavi) Costa @TaviCosta]

One of these two lines is telling the truth.

My two cents, gold investors:

The lag is your friend.

https://t.co/6WBYZb17lZ

[Financial Times @FT]

Good morning, Asia. While you were sleeping, one of our most-read stories was about Google burning through cash for the first time since going public decades ago as it raised its spending forecast for AI infrastructure. https://t.co/mYimix2GWy

[Lisa Abramowicz @lisaabramowicz1]

US initial jobless claims just came in at the lowest level since 1969.

[El Financiero @ElFinanciero_Mx]

⛏️ Grupo México reportó una utilidad neta de 2 mil 93 millones de dólares en el segundo trimestre de 2026, impulsada por la mayor demanda de cobre y menores costos operativos.
https://t.co/Rp6e3E4tFX

[Robin Brooks @robin_j_brooks]

Oil prices are back to pre-war levels. You'd think that means other markets would also go back to the status quo ex ante, but that hasn't happened. That's a mis-pricing in my opinion. Most vulnerable for a correction are the Dollar and front-end US rates.
https://t.co/7UrzrNNYsi

[United States Trade Representative @USTradeRep]

Today, the United States, Mexico, and Canada met virtually to discuss the operation of the USMCA.

The United States did not agree to renew the USMCA in its current form. However, the Agreement remains in force pending resolution of these issues or until the Agreement’s termination.
https://t.co/eV8mp5KhuC

[Enrique Abeyta @enriqueabeyta]

This is a HEALTHY correction in a #stockmarket $SPY driven by a relatively concentrated group of stocks...

[Latinometrics @LatamData]

🇲🇽 🏗️

"The north produces, the center administers, and the south spends"

Mexico's own budget data says that's only half true.

[Latinometrics @LatamData]

🇺🇸 🥊 🇨🇳

China and the US are locked in a quiet, high-stakes scramble for Latin America's critical mineral supply chains ↓

Despite having a larger economy and deeper historical ties, the US has fallen behind China in securing Latin American minerals. We break down the bilateral investment numbers and the strategic alliances shaping the future of global supply chains.

🗞️ explore the charts → https://t.co/a0pLIq6U2W

[The Associated Press @AP]

BREAKING: The U.S. military says it's launching strikes against Iran after President Trump vowed a response to downing of an American helicopter. https://t.co/WXRrCy4ILM

[Bloomberg @business]

Mexican real estate investment trust Fibra MTY said it’s acquiring peer Fibra Macquarie after the latter’s shareholders backed the transaction. https://t.co/C821cwaT5S

[McKinsey Global Institute @McKinsey_MGI]

Electronics is the largest and most trade-exposed US import sector, with $900 billion in imports. Half of these are exposed products, and about 50 items with a combined value of almost $130 billion face all three major trade dependencies.

Read the full report: https://t.co/bdDG2Gb1gw

[Exencial Research Partners @exencial_RP]

UBS on copper

We reiterate our market deficit estimate of 520,000 mt for 2026. Against this backdrop, we prefer to maintain a long position in copper and would look to add on price pullbacks.