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The usual process is tantrum first, taco later
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Trump says Iran's proposals are "TOTALLY UNACCEPTABLE"
- Trump responding on his social media app
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Meta is the signal and Micron is the noise
- Micron kicks off a strong opening for US stocks
- Yields move lower after data dump. Dollar off highs. Stocks higher led by Micron
- US dollar slides as inflation numbers cool Fed hike talk
- US GDP final Q1 2.1% versus 1.6% estimate
- US initial jobless claims 215K vs 225K estimate. Continuing claims 1.821M vs 1.800M est
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Qualcomm's AI chip push lands Meta as a client; forecasts $15B data center sales by 2029. Stock jumps!
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Reuters
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