🇨🇳🇺🇸 At least 17 companies from China have received nearly $160,000,000 in refunds for tariffs that were improperly charged by Trump administration - Nikkei.
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🇨🇳 China's President Xi jinping is set to visit India to attend BRICS Summit with big delegation in seven years.
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🇮🇳 India plans to issue its first tokenized corporate bonds in September, using its CBDC for instant settlement, Reuters reports.
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🇺🇸 US Treasury Secretary Scott Bessent will do whatever it takes to "put the fear of God" into bond vigilantes and push yields lower, per Fox Business correspondent Charlie Gasparino.
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🇺🇸 USA government proposes a six-figure H-1B visa fee for most new applicants, replacing the earlier $100,000 fee plan struck down by courts.
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🇺🇸🇮🇷 US says it will ban entities from the US dollar-based financial system that facilitate money laundering for Iran.
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🇺🇸 US Treasury Secretary Bessent says anyone who “helps Iran” will be removed from the US Dollar system.
Bessent says countries who “stick with Iran will be isolated with them.”
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🇺🇸 US considers 7.5% tariff on Chinese goods over excess capacity concerns ahead of Trump-Xi meeting.
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LATEST: 🇮🇷 Iran Says Discovered Over 200 Billion Cubic Metres Of Natural Gas.
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🇺🇸🇮🇷 Treasury Secretary Bessent says tomorrow US will launch the "single greatest financial offensive ever" against Iran.
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📊 Key Events This Week:
August CB Consumer Confidence data - Tuesday
July New Home Sales data - Tuesday
July PCE Inflation data - Wednesday
US Q2 2026 GDP data - Wednesday
Nvidia, $NVDA, Reports Earnings - Wednesday
August MI Consumer Sentiment data - Friday
August MI Inflation Expectations data - Friday
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📊 Gold $GLD call options demand hits highest level in 6 months.
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🇺🇸 President Trump is now threatening that the US Military could be utilized for further intervention to lower US Treasury yields.
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🚨🚨 Axios citing U.S. officials: Around 40 oil tankers crossed the Strait of Hormuz via the southern route on Friday night
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BREAKING: 🇺🇸🇨🇦 Canada directly rejects Trump's trade deal, suspends all trade negotiations with the US,
Canada says it will impose retaliatory tariffs on $20 billion worth of US goods, in response to the US 50% tariffs on $20 billion worth of Canadian goods tonight.
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🇮🇷 Iranian Rial has plunged to an all-time low against the U.S. Dollar.
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🇮🇷 Iranian TV issues a $10 million bounty on Barron Trump’s life.
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🏛️ Institutional investors pile into equities globally: S&P 500 futures longs near record $375B, up $160B since Apr 2025.
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🇨🇳 Nvidia employee charged with smuggling advanced AI chips into China.
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🇮🇷 Iran says it has not received any invitation to join the Mecca Joint Defence Agreement.
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🇺🇸 Vice President JD Vance says rents will come down as illegal immigrants are deported.
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🇺🇸 US Strategic Petroleum Reserve crude inventories fall below 290M barrels for first time since 1982.
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🇺🇸 President Trump says companies that build in the U.S. will face zero tariffs.
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🚨 Iranian rial crashes to a new all time low against the U.S. dollar.
It has now lost around 97.5% of its value in just one year.
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🇺🇸🇮🇷 Iran threatens to block all oil shipments through the Strait of Hormuz if U.S. economic pressure continues, according to Iran's military command.
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🚨🚨 Strait of Hormuz traffic reportedly explodes nearly 400%
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BREAKING 🚨: Indian stocks are approaching their worst underperformance relative to the S&P 500 in history 📉 📉
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📊 Gold records its highest weekly close in MCX history yesterday.
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🇺🇸 TikTok reached a $400 million settlement with the U.S. after being accused of illegally gathering children’s information, per NYT
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🚨🚨 It took the US 192 years to hit its first $1 trillion in debt. It took just 5 months to go from $39 trillion to $40 trillion.
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