Currently 0.7045 finding support into 0.7000
Offers: 0.7050 0.7065 0.7080 0.7100 0.7130 0.7165-70 0.7185 0.7200
Bids: 0.7020 0.7000 0.6985 0.6965 0.6950
Offers: 0.7050 0.7065 0.7080 0.7100 0.7130 0.7165-70 0.7185 0.7200
Bids: 0.7020 0.7000 0.6985 0.6965 0.6950
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RIVN & LCID stocks down 83-98%. AV market $41T by 2034. RIVN's software gains may offer upside.
Strait of Hormuz closure traps 10M bpd, risking recession. Recovery takes months, impacting global supply & growth.
Analysts warn the yuan faces earlier-than-usual seasonal weakness as Chinese firms hedge nearly $70bln in dividends, with June's $24.1bln peak a record. (pro tip - Much hedging is likely already done)
Oil prices surge on stalled Iran talks & Hormuz tensions. Traders eye $100+.
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Burry bets on MSFT at 25x earnings, despite AI risks. Cloud growth at 39% signals potential.
Banks returned 12.2% in 6 mos, but SFNC, CVBF, CATY show muted growth & rising costs. Caution advised.
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