The gold rush across Asia continues as locals in Singapore storm gold and silver bullion dealers on a Friday evening to buy coins and bars.
This looks like a near-term top to me.
⚠️SUMMARY OF US JUNE ADP JOBS REPORT:
1. The U.S. economy lost 33,000 jobs in June, as per ADP, badly missing forecasts for a gain of 99,000.
That was the lowest monthly total since February 2022.
2. That follows a downward revision for May, which added just 29,000 jobs, compared to a previously reported increase of 37,000.
• Key Takeaway: This is the worst ADP payrolls report we’ve had in quite some time.
The data points to a slowing labor market and raises the chances of multiple rate cuts by the Fed this year.
$SPY $QQQ $VIX
⚠️SUMMARY OF US JUNE ADP JOBS REPORT:
1. The U.S. economy lost 33,000 jobs in June, as per ADP, badly missing forecasts for a gain of 99,000.
That was the lowest monthly total since February 2022.
2. That follows a downward revision for May, which added just 29,000 jobs, compared to a previously reported increase of 37,000.
• Key Takeaway: This is the worst ADP payrolls report we’ve had in quite some time.
The data points to a slowing labor market and raises the chances of multiple rate cuts by the Fed this year.
$SPY $QQQ $VIX
🚨 Just In: May US CPI annual inflation rises 2.4%, in line with expectations of 2.5%.
Core CPI inflation increased 2.8% Y/Y, below forecasts for a gain of 2.9%.
OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
📺 ¡En vivo ahora!
Analizamos el ADP, ISM de servicios y las nuevas tensiones entre Trump y China.
Claves técnicas, impacto en índices y dólar en tiempo real.
🔗 Sumate: https://t.co/a7u9WVetUb
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