we are now near the end of comex expiry: it finishes today
and then we must deal with OTC/London LBMA options expiry Friday July 31
as always; the crooks raid gold/silver. The reason is suppress the price
due to huge derivative losses endured the banks. Do not fear the raids.
platinum ..OFF THE CHART//29%
gold: 6/0%
silver lease rate today//7.0%
118 H MACQUARIE FUTURES US 199
332 H STANDARD CHARTERED B 1
363 H WELLS FARGO SECURITI 18
435 H SCOTIA CAPITAL (USA) 8
624 H BOFA SECURITIES 241
661 C JP MORGAN SECURITIES 3
686 C STONEX FINANCIAL INC 8 12
709 C BARCLAYS 25
905 C ADM 1
GOLD: NUMBER OF NOTICES FILED FOR JULY/2024: 258 CONTRACTs NOTICES FOR 25,800 OZ or 0.802 TONNES
total notices so far: 11,481 contracts for 1,148,100 OR 35.710 tonnes)
SILVER NOTICES: 5 NOTICE(S) FILED FOR 0.025 million OZ/
total number of notices filed so far this month : 9297 CONTRACTS (NOTICES) for 46.485 million oz
EXCHANGE FOR RISK ISSUANCE FOR SILVER/MAY
JULY: 42.375 MILLION OZ (QUITE SMALL)
AND JULY: 46.575 MILLION OZ//
JAN. 2025: 257.919 TONNES (ISSUANCE WILL BE PRETTY GOOD THIS MONTH BUT MUCH LOWER THAN LAST MONTH)
FEB: 207.21 TONNES//EX FOR PHYSICAL ISSUANCE (WILL BE A FAIR SIZED ISSUANCE THIS MONTH)
MARCH 130.84 TONNES//QUITE SMALL THIS MONTH.
APRIL; 208.57 TONNES. STILL A SMALL TO FAIR ISSUANCE FOR THE MONTH
MAY: 113.499 TONNES OF GOLD EFP ISSUANCE//QUITE SMALL THIS MONTH
JUNE: 97.79 TONNES OF GOLD EFP ISSUANCE/EXTREMELY SMALL
JULY : 125.25 TONNES//STILL QUITE SMALL
SPREADING OPERATIONS
NOW SWITCHING TO GOLD FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF APRIL. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF NOV HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF FEB., FOR GOLD: AND MARCH FOR SILVER
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”
WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.
The crooks also use the spread in the TAS account (trade at settlement). They buy the spot TAS (e.g. June) and sell the future TAS two months out (e.g. August). Then they unload the front month (i.e. unload the buy side first so the price of gold/silver falls. This occurs in the middle of the front delivery month cycle. They unload the sell side of the equation, two months down the road. The crooks violate position limits as the OCC refuse to hear our complaints.
First, here is an outline of what will be discussed tonight:
1.TODAY WE HAD THE OPEN INTEREST AT THE COMEX IN SILVER FELL BY A MEGA HUGE SIZED 2369 CONTRACTS OI TO 171,406 AND FURTHER FROM TO THE COMEX HIGH RECORD //244,710( SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 7 YEARS AGO. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023
EFP ISSUANCE 770 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
SEPT 770 CONTRACTS and 0 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 100 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI LOSS OF 2369 CONTRACTS AND ADD TO THE 770 E.FP. ISSUED
WE OBTAIN A HUGE SIZED LOSS OF 1599 OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES WITH OUR HUGE LOSS IN PRICE OF $0.84 THE RATS ARE FLEEING THE ARENA.
THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES TOTALS 7.995 MILLION PAPER OZ
OCCURRED WITH OUR $0.84 LOSS IN PRICE.
OUTLINE FOR TODAY’S COMMENTARY
1a/COMEX GOLD AND SILVER REPORT
(report Harvey)
1a/COMEX GOLD AND SILVER REPORT
(report Harvey)
b, ) Gold/silver trading overnight Europe,//GOLD COMMENT
Peter Schiff)
c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens
ii a) Chris Powell of GATA provides to us very important physical commentaries
b. Other gold/silver commentaries
c. Commodity commentaries//
d)/CRYPTOCURRENCIES/BITCOIN ETC
2.ASIAN AFFAIRS
ASIAN MARKETS THIS FRIDAY MORNING:
SHANGHAI CLOSED UP 4.28 PTS OR 0.12%
//Hang Seng CLOSED UP 173.78 PTS OR 0.68%
// Nikkei CLOSED DOWN 457.96 PTS OR 1.10% //Australia’s all ordinaries CLOSED UP 0.33%
//Chinese yuan (ONSHORE) CLOSED DOWN AT 7.1738 OFFSHORE CLOSED DOWN AT 7.1765/ Oil DOWN TO 65.88 dollars per barrel for WTI and BRENT DOWN TO 69.17 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN TRADING :/ONSHORE YUAN UP TRADING AT 7.1738 AND WEAKER//OFF SHORE YUAN TRADING UP TO 7.1765 AGAINST US DOLLAR/ AND THUS WEAKER
XXXXXXXXXXXXXXXXXXXXXXXXXXXX
END
A)NORTH KOREA/SOUTH KOREA
outline
b) REPORT ON JAPAN/
OUTLINE
3 CHINA
OUTLINE
4/EUROPEAN AFFAIRS
OUTLINE
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE
6.Global Issues//COVID ISSUES/VACCINE ISSUES
OUTLINE
7. OIL ISSUES
OUTLINE
8 EMERGING MARKET ISSUES
9. USA
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A STRONG SIZED 10,640 CONTRACTS TO 461,504 OI WITH OUR LOSS IN PRICE OF $37.30 WITH RESPECT TO FRIDAY’S // TRADING.. WE LOST SOME NET LONGS, WITH THAT PRICE LOSS FOR GOLD. AND AS YOU WILL SEE BELOW, OUR LOSS IN PRICE ALSO HAD A FAIR NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (1907 ). WE HAD CONSIDERABLE T.A.S. LIQUIDATION //FRIDAY TRADING AS WE HAD A TOTAL LOSS IN OI ON BOTH OF OUR EXCHANGES, THE COMEX AND LONDON’S EXCHANGE FOR PHYSICAL EQUATING TO 4063 CONTRACTS.
ON EARLY WEDNESDAY MORNING,JULY 23, MUCH TO MY SHOCK, AFTER A TWO MONTH HIATUS,THE CME ANNOUNCED LATE TUESDAY NIGHT, A 500 EXCHANGE FOR RISK CONTRACT ISSUANCE FOR 50,000 OZ OR 1.555 TONNES. HOWEVER LAST NIGHT ZER0 EXCHANGE FOR RISK WAS ISSUED AS THE BANK OF ENGLAND WAS NOW SATISFIED!
HISTORY: LAST SIX MONTH’S EXCHANGE FOR RISK
IN FEBRUARY:
WE HAD A HUGE FIVE EXCHANGE FOR RISKS ISSUANCES FOR GOLD, TOTALLING 18.4527 TONNES!.
IN MARCH:
THE TOTAL NO. OF EXCHANGE FOR RISK ISSUANCE FOR THE MONTH OF MARCH (3 NOTICES) EQUALED: 7.6179 TONNES OF GOLD WHICH WAS ADDED TO OUR MARCH DELIVERY TOTALS.
IN APRIL:
WE CONCLUDED APRIL WITH 7 ISSUANCE OF EXCHANGE FOR RISK FOR A TOTAL TONNAGE OF 8.3571 TONNES.
IN MAY:
MAY: 3 EX. FOR RISK ISSUED SO FAR FOR 3025 CONTRACTS OR 302,500 OZ OR 9.4054 TONNES. THIS WILL BE ADDED TO OUR NORMAL DELIVERY TO GIVE US TOTAL STANDING FOR MAY!THIS IS THE 6TH CONSECUTIVE MONTH FOR ISSUANCE OF EXCHANGE FOR RISK//NEW TOTAL EX FOR RISK IS 9.591 TONNES FOR THE 3 ISSUANCE!
IN JUNE
JUNE: ZERO ISSUED
jULY 500 CONTRACTS FOR 50,000 OZ OR 1.555 TONNES/ISSUED JULY 23/2025
THE RECIPIENT OF ALL OF THESE EXCHANGE FOR RISK CONTRACTS IS THE BANK OF ENGLAND WHO DESPERATELY WANT THEIR LEASED GOLD BACK. THUS WE HAVE TWO SEPARATE ENTITIES (CENTRAL BANKS) DEMANDING THEIR GOLD BACK:
- THE BANK OF ENGLAND
- THE FEDERAL RESERVE BANK OF NEW YORK (NEED TO RETRIEVE THEIR LEASED GOLD FROM THE BIS)
THE COUNTERPARTY TO THE BANK OF ENGLAND’S EXCHANGE FOR RISK ARE BULLION BANKS THAT CANNOT VERIFY THAT THEIR GOLD IS UNENCUMBERED AND THUS THE BUYER, THE CENTRAL BANK OF ENGLAND, ASSUMES THE RISK OF THAT DELIVERY. THIS IS THE 5TH CONSECUTIVE MONTH FOR ISSUANCE OF EXCHANGE FOR RISK !!.(DEC THROUGH APRIL)
DETAILS ON JULY COMEX MONTH//INITIAL
IN TOTAL WE HAD A FAIR SIZED LOSS ON OUR TWO EXCHANGES OF 8733 CONTRACTS WITH OUR LOSS IN PRICE. HOWEVER, OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN LAST FRIDAY NIGHT AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED ATTACKS VERY EARLY IN THE COMEX SESSION AS THEY TRIED TO ABSORB EVERYTHING IN SIGHT FROM THEIR DAILY ATTACKS. LONDONERS EXERCISED THEIR BOUGHT CONTRACTS FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE AND THANKED THE FRBNY FOR THE THOUGHTFULNESS. LONDON ANNOUNCED LATE IN JANUARY(AND SCARCITY CONTINUES TO THIS DAY) THAT THEY WERE OUT OF GOLD. WRONGLY IT WAS ATTRIBUTED TO THEIR SHIPPING PHYSICAL GOLD TO COMEX FOR STORAGE DUE TO TRUMP’S INITIATION OF TARIFFS. THE TRUTH OF THE MATTER IS THAT THIS GOLD LEFT LONDON TO CENTRAL BANKS, AND COMEX BANKS HAVE BEEN PAPERING THEIR LOSSES (DERIVATIVE) WITH KILOBAR ENTRIES. DELIVERY OF GOLD CONTRACTS ARE NOW TAKING SEVERAL WEEKS. NO DEFAULT HAS BEEN INITIATED AS DEALERS ARE AFRAID OF LOSS OF THEIR JOBS. SO THIS FRAUD CONTINUES. THE LEASE RATES IN LONDON HAVE NOW DECREASED TO 3.5% AFTER BEING AS HIGH AT 5% AS GOLD IN LONDON IS STILL EXTREMELY SCARCE.
THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT LAST MONTH OF JUNE AND NOW JULY CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY ALTHOUGH THE T.A.S. ISSUANCES IN GOLD HAVE GENERALLY BEEN ON THE LOW SIDE COMPARED TO SILVER WHICH HAVE BEEN HUGE. TODAY’S NUMBER HOWEVER FINALLY ENDS OUR MEGA MEGA HUGE T.A.S ISSUANCE WHICH COMMENCED EARLY LAST WEEK, AS THE CME NOTIFIES US THAT THEY HAVE ISSUED A STRONG BUT MUCH LOWER 1350 T.A.S CONTRACTS THAN MONDAY’S JULY 14, ISSUANCE OF 22,678. THESE T.A.S ISSUANCES ARE USED FOR RAID PURPOSES TO STOP GOLD’S RISE AND TO TEMPER HUGE LOSSES IN OTC DERIVATIVE BETS AND IT IS IN FULL FORCE WITH TODAY’S RAID DURING OPTION EXPIRY WEEK. THE TAS SPREADER LIQUIDATION ARE JOINED WITH OUR MONTHLY SPREADERS AS THEY JOIN FORCES TO RAID THE GOLD/SILVER PRICE.
THE T.A.S. LIQUIDATION OF THESE T.AS. CONTRACTS(ALONG WITH MONTH END SPREADERS) IS WHY WE ARE HAVING DISTORTED COMEX OPEN INTEREST GAINS AND LOSSES IN OI BUT THIS IS COUPLED WITH MEGA HUGE AMOUNTS OF GOLD STANDING FOR DELIVERY TO CONFUSE THE ISSUE!!!!! AND THIS WAS SURELY ON DISPLAY WITH FIRST DAY NOTICE TOTALS WITH GOLD TONNES STANDING FOR APRIL AT 209 + TONNES INCLUDING MANY MASSIVE QUEUE JUMPS AND THIS CONTINUED INTO MAY WITH FINAL STANDING AT 90.23 TONNES. HOWEVER JUNE WHICH IS NORMALLY A HUGE DELIVERY MONTH , FINAL STANDING WAS RECORDED AT 93.085 TONNES. (IS THE COMEX RUNNING OUT OF GOLD?)//TOTAL NET QUEUE JUMPING FOR THE JUNE MONTH: 31.027 TONNES. NOW IN JULY WE HAVE HUGE DELIVERY NOTICES ESPECIALLY FOR A NON ACTIVE DELIVERY MONTH WITH INITIAL STANDING AT 17.947 TONNES PLUS TODAY’S QUEUE JUMP OF 0.1430 TONNES QUEUE JUMP + 1.555 TONNES EX FOR RISK = 37.324 TONNES OF GOLD
NEW TOTAL TONNES STANDING JULY: 37.324 TONNES
THE FED IS THE OTHER MAJOR SHORT OF AROUND 34 TONNES OF GOLD OWING TO THE B.I.S. THE FED NEEDS TO COVER AS THEY ARE VERY WORRIED ABOUT WHAT IS GOING TO HAPPEN TO GOLD PRICES NOW THAT THEY MUST BECOME COMPLIANT TO BASEL III RULES JULY 1/2023 AS OUTLINED IN ANDREW MAGUIRE’S LATEST LIVE FROM THE VAULT 231 TO 233 EPISODES AS HE TACKLES THIS IMPORTANT TOPIC. THE MAJOR FOUR OR FIVE BANKS ARE ALSO WORRIED ABOUT THEIR HUGE PRECIOUS METAL DERIVATIVE SHORT EXPOSURE (NORTH OF ONE TRILLION DOLLARS) AND THIS IS PROBABLY THE MAJOR REASON FOR GOLD/SILVER’S RISE THESE PAST THREE MONTHS. THEY ARE TOTALLY TRAPPED., AND THEIR FAILURE TO STOP CENTRAL BANK PURCHASES OF PHYSICAL GOLD IS THE MAJOR ISSUE OF THE DAY!IT SURE LOOKS LIKE THE BIS HAS GIVEN THE FED ITS MARCHING ORDERS TO COVER ITS PHYSICAL GOLD SHORT. TRUMP WILL PROBABLY BE FURIOUS WITH THE FED IF IT FINDS OUT THAT THEY (FRBNY) HAS BEEN MANIPULATING THE GOLD MARKET FOR THE PAST TWO YEARS. THE FRBNY IS NOW NONE COMPLIANT WITH RESPECT TO BASEL III BUT IT IS NOT NECESSARY FOR THEM TO BE COMPLIANT ONLY COMMERCIAL BANKERS MUST BE.
OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + ???? BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD IS SUPPOSED BE DELIVERED IN A VERY TIMELY ONE DAY. CENTRAL BANKS AROUND THE WORLD, BEING REPRESENTED BY OUR LONDONERS, ARE THE REAL PURCHASERS OF THIS GOLD.
EUROPE IS NOW BASEL III COMPLIANT. THE WEST ( COMEX) IS NOW COMPLIANT EFFECTIVE JULY 1//2025.
THE PROBLEM FOR THOSE PROVIDING THE SHORT PAPER IS THE SHOCK TO THEM ON RECEIVING NOTICE THAT THE LONGS WANT THE PHYSICAL GOLD AS THEY TENDER FOR THAT SHINY YELLOW METAL. THE HIGH LIQUIDATION OF OUR TWO SPREADERS: 1) THE MONTH END SPREADERS AND 2. T.A.S DURING THESE PAST SEVERAL WEEKS IS SURELY DISTORTING COMEX OPEN INTEREST BUT THAT DOES NOT STOP LONDON’S ACCUMULATION OF PHYSICAL! YOU CAN ALSO VISUALIZE THAT PERFECTLY WITH THE HUGE AMOUNTS OF QUEUE JUMPING ORCHESTRATED BY CENTRAL BANKERS BOLTING AHEAD OF ORDINARY LONGS AS THEIR NEED FOR PHYSICAL IS GREAT AS THEY SCOUR THE PLANET LOOKING FOR GOLD, AND THE MASSIVE AMOUNT OF GOLD STANDING EACH AND EVERY MONTH INCLUDING FIRST DAY NOTICE OF GOLD TONNAGE STANDING.
EXCHANGE FOR PHYSICAL ISSUANCE
THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS A FAIR SIZED 1350 EFP CONTRACT WAS ISSUED: : /AUGUST 1350 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 1350 CONTRACT. THESE EFP;S CIRCLE AROUND LONDON ON A 13 DAY BASIS AND ARE NOW USED BY GLOBAL CENTRAL BANKS TO EXERCISE FOR PHYSICAL GOLD WITH THE OBLIGATION TO DELIVER BEING FORCED ONTO COMEX BANKS. THE GOLD GENERALLY DELIVERED COMES FROM LONDON BUT THEY ARE OUT!! THUS COMEX BECOMES THE MAJOR SOURCE FOR OUR CENTRAL BANKERS. THE REGULATORY BODY THAT IS SUPPOSE TO CONTROL THESE EFP’S IS THE OCC HEADQUARTERED IN BOTH LONDON AND WASHINGTON.
WE HAD :
- CONSIDERABLE LIQUIDATION OF OUR T.A.S. SPREADERS//FRIDAY AND THEY WERE JOINED BY OUR MONTHLY SPREADER LIQUIDATION
- SOME NET SPEC LIQUIDATION WITH OUR STRONG LOSS IN PRICE WITH OUR TOTAL LOSS IN OI ON OUR TWO EXCHANGES.
T.A.S.SPREADER ISSUANCE
AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS USUALLY DURING MID MONTH IN THE DELIVERY CYCLE), BUT NOW ON A DAILY BASIS, THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR FRIDAY NIGHT/SATURDAY WAS A FAIR SIZED 1350 CONTRACTS
THE RAIDS WHETHER ON OPTIONS EXPIRY MONTH OR OTHERWISE LIKE LAST FRIDAY OR TODAY, ACCOMPLISHES TWO IMPORTANT ASPECTS FOR OUR CROOKS:
- STALLS THE ADVANCE IN PRICE
- LOWERS THEIR ADVANCING DERIVATIVE LOSSES.
MECHANICS OF T.A.S CONTRACTS TRADING;
THROUGHOUT THE FEW YEARS, THE BANKERS CONTINUE TO SELL OFF THE LONG SIDE OF THE SPREAD (T.A.S.) WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR/T.A.S. SPREAD WHICH WILL BE LIQUIDATED IN DAYS HENCE..
THAT SET UP WEDNESDAY’S HUMONGOUS LOSS IN PRICE IN GOLD AND SILVER AND A CORRESPONDING LIQUIDATION OF SOME COMEX OI. THE COMEX IS IN TOTAL TURMOIL ESPECIALLY WITH THE RARE ISSUANCE OF EXCHANGE FOR RISK! THE CONTINUAL RAIDS WEDNESDAY THROUGH FRIDAY WERE USED TO LOWER THE HUGE DERIVATIVE LOSSES ENDURED BY THE BANKERS.
STANDING FOR GOLD LAST 7 MONTHS OF 2025:
YEAR 2025:
JAN 2025:
113.30 TONNES (WHICH INCLUDES 43.408 TONNES EX FOR RISK)
FEB: 2025:
256.607 TONNES (WHICH INCLUDES 18.4567 TONNES OF EX FOR RISK)
MARCH:
STANDING FOR GOLD : 60.33 TONNES + 7.6179 TONNES EX FOR RISK = 67.9479 TONNES WHICH IS EXTREMELY HIGH FOR A NON DELIVERY MONTH.
APRIL:
FINAL STANDING FOR GOLD: 201.573 TONNES + 8.3571 TONNES EX FOR RISK = 209.953 TONNES
MAY: FINAL STANDING 90.235 TONNES WHICH INCLUDES QUEUE JUMPING AND 9.591 TONNES EX FOR RISK.
JUNE: FINAL STANDING 62.534 TONNES PLUS 0.1493TONNES OF QUEUE JUMP EQUALS 93.085 TONNES
JULY: 17.947 TONNES INITIAL STANDING FIRST DAY NOTICE PLUS TODAY’S 0.1430 TONNES QUEUE JUMP + 1.555 TONNES EX FOR RISK = = 37.324 TONNES
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 48 MONTHS OF 2021-2025:
DEC 2021: 112.217 TONNES
NOV. 8.074 TONNES
OCT. 57.707 TONNES
SEPT: 11.9160 TONNES
AUGUST: 80.489 TONNES
JULY 7.2814 TONNES
JUNE: 72.289 TONNES
MAY 5.77 TONNES
APRIL 95.331 TONNES
MARCH 30.205 TONNES
FEB ’21. 113.424 TONNES
JAN ’21: 6.500 TONNES.
TOTAL YEAR 2021 (JAN- DEC): 601.213 TONNES
YEAR 2022: STANDING FOR GOLD/COMEX
JANUARY 2022 17.79 TONNES
FEB 2022: 59.023 TONNES
MARCH: 36.678 TONNES
APRIL: 85.340 TONNES FINAL.
MAY: 20.11 TONNES FINAL
JUNE: 74.933 TONNES FINAL
JULY 29.987 TONNES FINAL
AUGUST:104.979 TONNES//FINAL
SEPT. 38.1158 TONNES
OCT: 77.390 TONNES/ FINAL
NOV 27.110 TONNES/FINAL
Dec. 64.000 tonnes
(TOTAL YEAR 656.076 TONNES)
2023:STANDING FOR GOLD/COMEX
JAN/2023: 20.559 tonnes
FEB 2023: 47.744 tonnes
MAR: 19.0637 TONNES
APRIL: 75.676 tonnes
MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk = 20.338
JUNE: 64.354 TONNES
JULY: 10.2861 TONNES
AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)
SEPT: 15.281 TONNES FINAL
OCT. 35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes
NOV: 18.7122 TONNES + 16.2505 EX. FOR RISK = 34.9627 TONNES
DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707 TONNES
TOTAL 2023 YEAR : 436.546 TONNES
2024/STANDING FOR GOLD/COMEX
JAN ’24. 22.706 TONNES
FEB. ’24: 66.276 TONNES (INCLUDES 1.723 TONNES EX. FOR RISK)
MARCH: 18.8398 TONNES + 1.1695 EX FOR RISK = 20.093 TONNES
APRIL: 2024: 53.673TONNES FINAL
MAY/ 2024 8.5536 TONNES + 3.3716 TONNES EX FOR RISK/= 11.9325
JUNE; 95.578 TONNES. + 1.045 TONNES EXCHANGE FOR RISK =96.623 THIS IS THE HIGHEST RECORDED GOLD STANDING SINCE AUGUST 2022
JULY: 11.692 TONNES
AUGUST 69.602 TONNES//FINAL STANDING
SEPT. 13.164 TONNES.
OCT 39.474 TONNES + + 20.917 TONNES EXCHANGE FOR RISK =60.391 TONNES
NOV . 11.265 TONNES +4.665 TONNES EXCHANGE FOR RISK/TUESDAY + 3.11 TONNES OF EX. FOR RISK/PRIOR = 19.0425 TONNES
DEC: 80.4230 TONNES PLUS DEC MONTH EXCHANGE FOR RISK TOTAL 14.6836 TONNES EQUALS 95.1066 TONNES
total year 2024: 540.30 tonnes
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
COMEX GOLD TRADING/JULY CONTRACT MONTH
THE SPECS/HFT WERE SUCCESSFUL IN LOWERING GOLD’S PRICE( IT FELL BY A HUGE $37.30/ /) AND THEY WERE SUCCESSFUL IN KNOCKING OFF SOME NET SPECULATOR LONGS AS WE DID HAVE A STRONG SIZED LOSS IN OI FROM TWO EXCHANGES. AS EXPLAINED ABOVE WE HAD CONSIDERABLE T.A.S. SPREADER LIQUIDATION AND MONTH END SPREADER LIQUIDATION ////FRIDAY. THE BANKERS ARE QUITE NERVOUS ABOUT BASEL III WITH ITS IMPLEMENTATION COMMENCING JULY 1. THEY ARE VERY CONCERNED WITH THEIR HIGH AMOUNT OF DERIVATIVES LOSSES ON THEIR BOOKS. THUS THE REASON THEY NEEDED THESE STRONG T.A.S. ISSUANCES, IN ORDER TO FORMALIZE RAIDS ON OUR PRECIOUS METALS WHICH OF COURSE NORMALLY ENDS IN TOTAL FAILURE! LET US SEE WHAT HAPPENS NEXT WEEK AS WE GO THROUGH OPTIONS EXPIRY WEEK.
SATURDAYS MORNING//FRIDAY NIGHT
THE CROOKS HOWEVER COULD NOT STOP CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL FRIDAY EVENING/ SATURDAY MORNING AND THUS OUR HUGE NUMBER OF GOLD CONTRACTS STANDING FOR DELIVERY AT THE COMEX. CENTRAL BANKERS WAIT PATIENTLY FOR THE GOLD TO ARRIVE BY BOAT. IT IS NOW TAKING WEEKS TO DELIVER
EXCHANGE FOR RISK EXPLANATION/FEB THROUGH /JULY TRADING
EXCHANGE FOR RISK CONTRACTS/MONTH FOR FEBRUARY://FINISHES AT 4 ISSUANCES
THE CME ANNOUNCED TO THE WORLD THAT ON FEB 4 THEY ISSUED 100 CONTRACTS OF EXCHANGE FOR RISK TTO THE BANK OF ENGLAND.THEN ,FEB 4 THEY ISSUED THEIR SECOND CONSECUTIVE EXCHANGE FOR RISK OF 500 CONTRACTS FOR 50,000 OZ (1.555 TONNES OF GOLD. FEB 6 WAS THE THIRD ISSUANCE FOR A HUGE 2400 CONTRACTS, 240,000 OZ OR 7.465 TONNES. AND THEN FINALLY FRIDAY NIGHT, THE 4TH EXCHANGE FOR RISK WAS ISSUED REPRESENTED BY 2834 CONTRACTS OR 283400 OZ OR 8.8149 TONNES OF GOLD WITH THE OWNER OF THOSE CONTRACTS BEING THE BANK OF ENGLAND. THE BANK OF ENGLAND WANTS THEIR GOLD BACK. THIS NEW EXCHANGE FOR RISK WAS ADDED TO PREVIOUS EXCHANGE FOR RISK OF 9.3264 TONNES TO A NEW TOTAL EXCHANGE FOR RISK = 18.1413 TONNES. IN MID WEEK WE HAD ANOTHER .3114 TONNES OF EXCHANGE FOR RISK ISSUANCED//NEW TOTAL 18,4527 TONNES!..FINALLY THIS TOTAL WAS ADDED TO OUR REGULAR DELIVERIES THROUGH THE MONTH.
EXCHANGE FOR RISK CONTRACTS/MONTH FOR MARCH
EARLY IN THE DELIVERY CYCLE THE CME NOTIFIED US THAT WE HAD OUR FIRST EXCHANGE FOR RISK CONTRACT ISSUANCE IN MARCH FOR 150 CONTRACTS REPRESENTING 15,000 OZ OF GOLD OR .46656 TONNES. THE BANK OF ENGLAND WAS STILL NOT SATISFIED AS THEY NEED TO RETRIEVE ALL OF ITS LOST GOLD THROUGH LEASING! THE 15,000 OZ WAS ADDED TO OUR NORMAL DELIVERY TOTAL.
MARCH ISSUES IT’S THIRD EXCHANGE FOR RISK: TOTAL FOR THE MONTH FINISHED AT 3
TOTAL ISSUANCE OF EXCHANGE FOR RISK MARCH 28 TOTALS 2200 CONTRACTS FOR 6.8429 TONNES OF GOLD. PRIOR ISSUANCE: .7775 TONNES. THUS TOTAL EXCHANGE FOR RISK FOR MARCH : 7.6179 TONNES OF GOLD. MARCH BECOMES THE 4TH CONSECUTIVE MONTH FOR EXCHANGE FOR RISK ISSUANCE.
APRIL, ISSUED ITS 7TH EXCHANGE FOR RISK: 187 CONTRACTS OR 18,700 OZ OR 0.5816 TONNES
SUMMARY EXCHANGE FOR RISK FOR THE MONTH OF APRIL//TOTAL ISSUANCES 7 FOR 8.3571 TONNES OF GOLD!:
ISSUANCE FOR EXCHANGE FOR RISK ON FIRST DAY NOTICE//APRILL MONTH// WAS 700 CONTRACTS FOR 70,000 OZ OR 2.177 TONNES OF GOLD TO WHICH WE ADD (APRIL 4) : 250 CONTRACTS FOR 25,000 OZ OR .777 TONNES, APRIL 7 ISSUANCE OF 280 CONTRACTS FOR 28,000 OZ OR .8709 TONNES THEN APRIL 9 484 CONTRACTS FOR 48400 OZ OR 1.5054 TONNES AND FINALLY MONDAY MORNING APRIL 14 AT 200 CONTRACTS FOR 20,000 OZ OR .5816 TONNES AND NOW APRIL 24: 600 CONTRACTS FOR 60,000 OZ OR 1.866 TONNES AND NOW APRIL 25 187 CONTRACTS FOR 18700 OZ OR .5816 TONNES//NEW FINAL TOTAL ISSUANCE FOR APRIL: 8.3571 TONNES!!. APRIL ISSUANCE OF EXCHANGE FOR RISK MEANS WE NOW HAVE 5 CONSECUTIVE MONTHS FOR EXCHANGE FOR RISK ISSUANCE. THESE DELIVERIES WERE ADDED TO OUR NORMAL DELIVERY CYCLE.
MAY ISSUANCE OF EXCHANGE FOR RISK NOW TOTALS 3 ISSUANCES FOR 308,350 OZ. THIS TOTALS 9.591 TONNES OF GOLD WHICH WILL BE ADDED TO OUR REGULAR DELIVERY SCHEDULE. THE RECPIENT OF THIS LARGESS IS THE BANK OF ENGLAND.
JUNE ISSUANCE: ZERO
JULY ISSUANCE; AFTER A TWO MONTH HIATUS AN ISSUANCE OF 500 CONTRACTS FOR 50,000 OZ OR 1.555 TONNES OF GOLD OCCURRED ON JULY 25 WHICH WILL BE ADDED TO OUR OFFICIAL STANDING. THUS 35.176 TONNES OFFICIAL STANDING + 1.55 TONNES EX FOR RISK = 37.176 TONNES OF GOLD STANDING
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
ANALYSIS JULY DELIVERY MONTH GOING FROM FIRST DAY NOTICE// JULY COMEX CONTRACT
WE HAVE LOST STRONG A FAIR SIZED TOTAL OF 27.16 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR JULY FIRST RECORDED AT 17.947 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 107,200 OZ OR 3.334 TONNES OF GOLD TO WHICH WE ADD THE CRAZY 1.555 TONNES EXCHANGE FOR RISK//NEW STANDING ADVANCES TO 35.626 TONNES + 1.555 TONNES EX FOR RISK = 37.176 TONNES
ALL OF THIS QUITE GOOD STANDING FOR JULY WAS ACCOMPLISHED DESPITE OUR FALL IN PRICE TO THE TUNE OF $17.30
WE HAD A MAMMOTH 4670 CONTRACTS REMOVED TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL. AND THIS IS TOTALLY INSANE AS WELL.
NET LOSS ON THE TWO EXCHANGES 8733 CONTRACTS OR 873,300 0Z (27.16 TONNES)
confirmed volume FRIDAY 282,014 contracts// strong
speculators have left the gold arena
END
INITIAL GOLD COMEX
JULY CONTRACT MONTH
JULY 28/2025
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | 0 entries . |
| Deposit to the Dealer Inventory in oz | 0 ENTRY |
| Deposits to the Customer Inventory, in oz | 3 ENTRIES i) Into Into JPMorgan 192,906.000 oz 6000 kilobars 2. Loomis: 32,118.849 oz (999 kilobars) 3. Malca: 46,618.950 oz (1450 kilobars) total deposit: 271,643.799 oz (8.45 tonnes/8450 kilobars) xxxxxxxxxxxxxxxxI |
| No of oz served (contracts) today | 258 notice(s) 25,800 OZ 0.802 TONNES |
| No of oz to be served (notices) | 19 contracts 1900 OZ 0.0590 TONNES |
| Total monthly oz gold served (contracts) so far this month | 11,481 notices 1,148,100 oz 35.710 TONNES |
| Total accumulative withdrawals of gold from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of gold from the Customer inventory this month |
dealer deposits: 0 entry
0 ENTRY
xxxxxxxxxxxxxxxxxxxxx
DEPOSITS/CUSTOMER
3 ENTRIES
i) Into Into JPMorgan 192,906.000 oz
6000 kilobars
2. Loomis: 32,118.849 oz (999 kilobars)
3. Malca: 46,618.950 oz (1450 kilobars)
total deposit: 271,643.799 oz (8.45 tonnes/8450 kilobars)
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
customer withdrawal
0 entries
adjustments: 0
AMOUNT OF GOLD STANDING FOR JULY
THE FRONT MONTH OF JULY STANDS AT 277 CONTRACTS FOR A LOSS OF 916 CONTRACTS. ON FRIDAY WE HAD 962 NOTICES FILED, SO WE GAINED A GOOD SIZED 46 CONTRACTS OR 4600 OZ (0.1430 TONNES) ENTERTAINED WITH A QUEUE JUMP WHERE THESE BOYS DEMANDED PHYSICAL DELIVERY OVER ON THIS SIDE OF POND UPON EXERCISING AN EFP THROUGH LONDON. THIS IS CENTRAL BANKERS DEMANDING PHYSICAL GOLD AND COMPLETELY GOES AGAINST A NARRATIVE OF A GOLD RAID ON PRICE.
AUGUST LOST 29,931 CONTRACTS DOWN TO 110,968 AS AUGUST BECOMES THE FRONT MONTH AND IT’S OI IS STILL VERY HIGH. WE WILL PROBABLY HAVE A STRONG NUMBER OF TONNES STANDING. WE HAVE ONLY 4 MORE TRADING DAYS BEFORE FIRST DAY NOTICE JULY 31.
SEPT GAINED 405 CONTRACTS TO 3471
We had 255 contracts filed for today representing 25,500 oz
Today, 0 notice(s) were issued from J.P.Morgan dealer and 0 notices issued from their client or customer account. The total of all issuance by all participants equate to 258 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 3 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for JULY /2025. contract month, we take the total number of notices filed so far for the month (11,481 X 100 oz ) to which we add the difference between the open interest for the front month of JULY (277 CONTRACTS) minus the number of notices served upon today (258 x 100 oz per contract) equals 1,150,000 OZ OR 35.769 TONNES to which we add 1.555 tonnes of gold issued under exchange for risk// total standing 37.324 tonnes
thus the INITIAL standings for gold for the JULY contract month: No of notices filed so far (11,481 x 100 oz +we add the difference for front month of JULY (277 OI} minus the number of notices served upon today (258 x 100 oz) which equals 1,150,000OZ OR 35.769 TONNES + 1.555 tonnes EX FOR RISK = 37.324 tonnes
TOTAL COMEX GOLD STANDING FOR JULY.: 37.324 TONNES WHICH IS VERY STRONG FOR THIS NORMALLY NON ACTIVE ACTIVE DELIVERY MONTH IN THE CALENDAR.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
COMEX GOLD INVENTORIES/CLASSIFICATION
NEW PLEDGED GOLD:
241,794.285 oz NOW PLEDGED /HSBC 5.94 TONNES
204,937.290 OZ PLEDGED MANFRA 3.08 TONNES
83,657.582 PLEDGED JPMorgan no 1 1.690 tonnes
265,999.054, oz JPM No 2
1,152,376.639 oz pledged Brinks/
Manfra: 33,758.550 oz
Delaware: 193.721 oz
International Delaware:: 11,188.542 oz
total pledged gold: 1,876,678.693 oz 58.37 tonnes declining rapidly
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD 38,034.037.718 oz
TOTAL REGISTERED GOLD 20,558,661.558 or 639.460 tonnes
TOTAL OF ALL ELIGIBLE GOLD 17,475,376.160 OZ
END
REGISTERED GOLD THAT CAN BE SERVED UPON 18,681.983 oz ((REG GOLD- PLEDGED GOLD)= 581.088tonnes //
total inventories in gold declining rapidly
SILVER/COMEX
SILVER/COMEX
THE JULY 2025 SILVER CONTRACT//INITIAL
JULY 28
INITIAL
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 0 ENTRY |
| Deposits to the Dealer Inventory | 0 ENTRY |
| Deposits to the Customer Inventory | 3 DEPOSIT ENTRY/CUSTOMER ACCOUNT i) Into Brinks 528,858.100 oz ii) Into CNT 246,584.050 oz iii) Into Loomis 600,439.300 oz total deposit: 1,375,881.450 oz |
| No of oz served today (contracts) | 5 CONTRACT(S) (0.025 MILLION OZ |
| No of oz to be served (notices) | 18 contracts (0.090 MILLION oz) |
| Total monthly oz silver served (contracts) | 9297 Contracts (46.485 million oz) |
| Total accumulative withdrawal of silver from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of silver from the Customer inventory this month |
0 deposit into dealer accounts
0 ENTRY
total deposit nil oz
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
3 DEPOSIT ENTRY/CUSTOMER ACCOUNT
3 DEPOSIT ENTRY/CUSTOMER ACCOUNT
i) Into Brinks 528,858.100 oz
ii) Into CNT 246,584.050 oz
iii) Into Loomis 600,439.300 oz
total deposit: 1,375,881.450 oz
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx)
withdrawals: customer side/eligible
0 entry
ADJUSTMENTs 0
TOTAL REGISTERED SILVER: 196.470 MILLION OZ//.TOTAL REG + ELIGIBLE. 501.696 Million oz
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR JULY
silver open interest data:
FRONT MONTH OF JULY /2025 OI: 23 OPEN INTEREST CONTRACTS FOR A LOSS OF 37 CONTRACTS. WE HAD 37 CONTRACTS SERVED ON FRIDAY SO WE GAINED 0 CONTRACTS OR NIL OZ ENTERTAINED A QUEUE JUMP WHERE THESE BOYS DECIDED TO TAKE DELIVERY OVER ON THIS SIDE OF THE POND.
AUGUST LOST 91 CONTRACTS TO 1,389 AS THIS MONTH BECOMES THE FRONT MONTH FOR SILVER
SEPTEMBER LOST 3007 CONTRACTS DOWN TO 125,217 CONTRACTS.
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 5 or 0.025 MILLION oz
CONFIRMED volume; ON FRIDAY 74,250 good//
AND NOW JULY DELIVERIES:
To calculate the number of silver ounces that will stand for delivery in JULY. we take the total number of notices filed for the month so far at 9297 X5,000 oz = 46.495 MILLION oz
to which we add the difference between the open interest for the front month of JULY (23) AND the number of notices served upon today (5 )x (5000 oz)
Thus the standings for silver for the JULY 2025 contract month: (9297) Notices served so far) x 5000 oz + OI for the front month of JULY(23) minus number of notices served upon today (5)x 5000 oz equals silver standing for the JULY contract month equating to 46.575 MILLION OZ .
New total standing: 46.575 million oz which is huge for this active delivery month of JULY. THE SILVER COMEX IS NOW UNDER SIEGE!!
We must also keep in mind that there is considerable silver standing in London coming from our longs in New York that underwent EFP transfers.
There are 196.470 million oz of registered silver
JPMorgan as a percentage of total silver: 210.283/500.320 million. 41.97%
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44.
Now that we have surpassed $28.40 the next big line in the sand for silver is $34.76. After that the moon
the next big line in the sand for silver is $34.76. After that the moon
END
BOTH GLD AND SLV ARE MASSIVE FRAUDS!
GLD AND SLV INVENTORY LEVELS
JULY 28 WITH GOLD DOWN $24.00 TODAY//NO CHANGES IN GOLD AT THE GLD: //// ///INVENTORY RESTS AT 957.09 TONNES/
JULY 25 WITH GOLD DOWN $37.30 TODAY//HUGE CHANGES IN GOLD AT THE GLD: A HUGE DEPOSIT OF 2.29 TONNES OF GOLD INTO THE GLD//// ///INVENTORY RESTS AT 957.09 TONNES/
JULY 24 WITH GOLD DOWN $17.30 TODAY//HUGE CHANGES IN GOLD AT THE GLD: NO CHANGES AT THE GLD// ///INVENTORY RESTS AT 954.80 TONNES/
JULY 23 WITH GOLD DOWN $40.00 TODAY//HUGE CHANGES IN GOLD AT THE GLD:A FRAUDULENT DEPOSIT OF 7.74 TONNES OF GOLD OUT OF THE GLD// ///INVENTORY RESTS AT 954.80 TONNES/
JULY 22 WITH GOLD UP $36.60 TODAY//HUGE CHANGES IN GOLD AT THE GLD:A FRAUDULENT DEPOSIT OF 3.43 TONNES OF GOLD INTO THE GLD// ///INVENTORY RESTS AT 947.06 TONNES/
JULY 21 WITH GOLD UP $40.30 TODAY//HUGE CHANGES IN GOLD AT THE GLD:A FRAUDULENT WITHDRAWAL OF 4.87 TONNES OF GOLD OUT OF THE GLD// ///INVENTORY RESTS AT 943.63 TONNES/
JULY 18 WITH GOLD UP $11.10 TODAY//HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 2.29 TONNES OF GOLD OUT OF THE GLD// ///INVENTORY RESTS AT 948.50 TONNES/
JULY 17 WITH GOLD DOWN $11.10 TODAY//HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 3.14 TONNES OF GOLD INTO THE GLD// ///INVENTORY RESTS AT 950.79 TONNES/
JULY 16 WITH GOLD UP $22.70 TODAY//NO CHANGES IN GOLD AT THE GLD: ///INVENTORY RESTS AT 947.64 TONNES/
JULY 15 WITH GOLD DOWN $20.80 TODAY//HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.17 TONNES OF GOLD INOT THE GLD //: /// ///INVENTORY RESTS AT 947.64 TONNES/
JULY 14 WITH GOLD UP $0.90 TODAY//HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 1.44 TONNES OF GOLD INOT THE GLD //: /// ///INVENTORY RESTS AT 948.81 TONNES/
JULY 11 WITH GOLD UP $32.35 TODAY//HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 1.44 TONNES OF GOLD INOT THE GLD //: /// ///INVENTORY RESTS AT 948.81 TONNES/
JULY 10 WITH GOLD UP $4.75 TODAY//HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 0.860 TONNES OF GOLD INOT THE GLD //: /// ///INVENTORY RESTS AT 947.37 TONNES/
JULY 9 WITH GOLD UP $4.05 TODAY//HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.15 TONNES OF GOLD OUT OF THE GLD //: /// ///INVENTORY RESTS AT 946.51 TONNES/
JULY 8 WITH GOLD $24.65 TODAY// NO CHANGES IN GOLD AT THE GLD //: /// ///INVENTORY RESTS AT 947.66 TONNES/
JULY 7 WITH GOLD UP $0.50 TODAY// NO CHANGES IN GOLD AT THE GLD //: /// ///INVENTORY RESTS AT 947.66 TONNES/
JULY 3 WITH GOLD DOWN $15.40 TODAY// HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 0.57 TONNES OF GOLD OUT OF THE GLD //: /// ///INVENTORY RESTS AT 947.66 TONNES/
JULY 2 WITH GOLD UP $8.95 TODAY// HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 4.30 TONNES OF GOLD OUT OF THE GLD //: /// ///INVENTORY RESTS AT 948.23 TONNES/
JULY 1 WITH GOLD UP $43.85 TODAY// HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 2.29 TONNES OF GOLD OUT OF THE GLD //: /// ///INVENTORY RESTS AT 952.53 TONNES/
JUNE 30 WITH GOLD UP $20.00 TODAY// HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 1.43 TONNES OF GOLD INOT THE GLD //: /// ///INVENTORY RESTS AT 954.82 TONNES/
JUNE 27 WITH GOLD DOWN $58.50 TODAY// NO CHANGES IN GOLD AT THE GLD //: /// ///INVENTORY RESTS AT 953.39 TONNES/
JUNE 26 WITH GOLD UP $4.90 TODAY// HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 2.29 TONNES OF GOLD OUT OF THE GLD//: /// ///INVENTORY RESTS AT 953.39 TONNES/
JUNE 25 WITH GOLD UP $8.70 TODAY// HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.72 TONNES OF GOLD OUT OF THE GLD//: /// ///INVENTORY RESTS AT 955.68 TONNES/
JUNE 24 WITH GOLD DOWN $58.05 TODAY// HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 7.16 TONNES OF GOLD INTO THE GLD//: /// ///INVENTORY RESTS AT 957.40 TONNES/SINCE JUNE 13 ADDED 24.49 TONNES
JUNE 23 WITH GOLD UP $9.25 TODAY// HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 2.599 TONNES OF GOLD INTO THE GLD//: /// ///INVENTORY RESTS AT 950.241 TONNES
GLD INVENTORY: 957.09 TONNES, TONIGHTS TOTAL
SILVER
JULY 28 WITH SILVER DOWN $0.13/ HUGE CHANGES AT THE SLV//: A DEPOSIT OF .727 MILLION OZ INTO THE SLV.////INVENTORY RESTS AT 489.669 MILLION OZ.//
JULY 25 WITH SILVER DOWN $0.84/ NO CHANGES AT THE SLV//:.////INVENTORY RESTS AT 488.942 MILLION OZ.//
JULY 24 WITH SILVER DOWN $0.11/ HUGE CHANGES AT THE SLV// A FRAUDLENT DEPOSIT OF 4.906 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 488.942 MILLION OZ.//
JULY 23 WITH SILVER DOWN $0.04/ HUGE CHANGES AT THE SLV// A FRAUDLENT DEPOSIT OF 4.906 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 487.353 MILLION OZ.//
JULY 22 WITH SILVER UP $0.20/ HUGE CHANGES AT THE SLV// A FRAUDLENT DEPOSIT OF 11.175 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 482.447 MILLION OZ.//
JULY 21 WITH SILVER UP $0.78/ HUGE CHANGES AT THE SLV// A FRAUDLENT WITHDRAWAL OF 1.181 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 471.272 MILLION OZ.//
JULY 18 WITH SILVER UP $0.13/ HUGE CHANGES AT THE SLV// A FRAUDLENT WITHDRAWAL OF 3.998 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 472.453 MILLION OZ.//
JULY 17 WITH SILVER UP $0.22/ HUGE CHANGES AT THE SLV// A FRAUDLENT WITHDRAWAL OF 1.181 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 476.451 MILLION OZ.//
JULY 16 WITH SILVER UP $0.09/ HUGE CHANGES AT THE SLV// A FRAUDLENT WITHDRAWAL OF 3.543 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 477.632 MILLION OZ.//
JULY 15 WITH SILVER DOWN $0.65/ HUGE CHANGES AT THE SLV// A DEPOSIT OF 2.453 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 481.175 MILLION OZ.//
JULY 14 WITH SILVER UP $0.14/ HUGE CHANGES AT THE SLV// A WITHDRAWAL OF 2.453 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 478.722 MILLION OZ.//
JULY 11 WITH SILVER UP $1.42/ HUGE CHANGES AT THE SLV// A WITHDRAWAL OF 2.453 MILLION OZ OUT OF THE SLV//:.////INVENTORY RESTS AT 478.722 MILLION OZ.//
JULY 10 WITH SILVER UP $0.47/ NO CHANGES AT THE SLV// A DEPOST OF 0.999 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 481.175 MILLION OZ.//
JULY 9 WITH SILVER DOWN $0.18/ NO CHANGES AT THE SLV// A DEPOST OF 2.136 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 480.176 MILLION OZ.//
JULY 8 WITH SILVER DOWN $0.16/ NO CHANGES AT THE SLV A DEPOST OF 0.000 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 478.040 MILLION OZ.//
JULY 7 WITH SILVER DOWN $0.14/ HUGE CHANGES AT THE SLV A DEPOST OF 0.727 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 478.040 MILLION OZ.//
JULY 3 WITH SILVER UP $0.34/ HUGE CHANGES AT THE SLV A WITHDRAWAL OF 0.917 MILLION OZ IOUT OF THE SLV//:.////INVENTORY RESTS AT 477.313 MILLION OZ.//
JULY 2 WITH SILVER UP $0.36/ HUGE CHANGES AT THE SLV A DEPOSIT OF 1.363 MILLION OZ INTO THE SLV//:.////INVENTORY RESTS AT 478.049 MILLION OZ.//
JULY 1 WITH SILVER UP $0.21/ HUGE CHANGES AT THE SLVA WITHDRAWAL OF 1.272 MILLION OZ FROM THE SLV//:.////INVENTORY RESTS AT 476,686 MILLION OZ.//
JUNE 30 WITH SILVER DOWN $0.20/ NO CHANGES AT THE SLV:.////INVENTORY RESTS AT 477.958 MILLION OZ.//
JUNE 27 WITH SILVER DOWN $0.53/ HUGE CHANGES AT THE SLV:. A WITHDRAWAL OF 1.636 MILLION OZ IOUT OF THE SLV..////INVENTORY RESTS AT 477.958 MILLION OZ.//
JUNE 26 WITH SILVER UP $0.48/ HUGE CHANGES AT THE SLV:. A WITHDRAWAL OF 1.091 MILLION OZ IOUT OF THE SLV..////INVENTORY RESTS AT 479.594 MILLION OZ.//
JUNE 25 WITH SILVER UP $0.35/ HUGE CHANGES AT THE SLV:. A WITHDRAWAL OF 2.363 MILLION OZ IOUT OF THE SLV..////INVENTORY RESTS AT 480.685 MILLION OZ.//
JUNE 24 WITH SILVER DOWN $0.37/ HUGE CHANGES AT THE SLV:. A DEPOSIT OF 3.453 MILLION OZ INTO THE SLV..////INVENTORY RESTS AT 480.685 MILLION OZ.//FROM JUNE 2 A HUGE 19.264 MILLION OZ ADDED
JUNE 23 WITH SILVER UP $0.18/ HUGE CHANGES AT THE SLV:. A DEPOSIT OF 2.591 MILLION OZ INTO THE SLV..////INVENTORY RESTS AT 477.232 MILLION OZ.
CLOSING INVENTORY 489.669 MILLION OZ//
PHYSICAL GOLD/SILVER COMMENTARIES
1/ PETER SCHIFF/SCHIFF GOLD/MIKE MAHARRY
PETER SCHIFF
2. MATHEW PIEPENBERG
J0HN RUBINO
ALASDAIR MACLEOD
3. CHRIS POWELL AND GATA DISPATCHES
BIS gold swaps rose slightly in June, showing central banks still intervene surreptitiously
Submitted by admin on Fri, 2025-07-25 11:21 Section: Daily Dispatches
11:23a ET Friday, July 25, 2025
Dear Friend of GATA and Gold:
GATA consultant Robert Lambourne reports today that the gold swaps undertaken by the Bank for International Settlements changed little in June, rising by 2 tonnes over the swaps on the bank’s books in May, going from 32 up to 34 tonnes.
The increase isn’t ever made explicit by the BIS but it can be calculated from the bank’s monthly statements of account, and the June statement was published yesterday:
The bank, an organization of major central banks, has been dealing in gold swaps since at least 2009, and those swaps are usually the most contemporaneous proof of constant surreptitious intervention in the gold market by central banks, quite apart from the gold purchases some central banks announce occasionally.
This dispatch written by Lambourne several weeks ago provides some history about the transactions:
The swaps may be even more interesting for the refusal of mainstream financial news organizations to take note of them since the Financial Times first reported about them in 2010. As the saying goes, news is what somebody doesn’t want published, and the rest is just advertising.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
end
Trump says strong dollar sounds good but ‘you make a lot more’ with a weaker one
Submitted by admin on Sat, 2025-07-26 09:32 Section: Daily Dispatches
By Maiya Keidan
Reuters
via Yahoo News, Sunnyvale, California
Friday, July 25, 2025
WASHINGTON — President Donald Trump said today he liked a strong dollar but “you make a hell of a lot more money” with a weaker one.
“So when we have a strong dollar, one thing happens: It sounds good. But you don’t do any tourism. You can’t sell tractors, you can’t sell trucks, you can’t sell anything,” Trump said at the White House before leaving on a trip to Scotland.
“It is good for inflation. That’s about it.”
The dollar index, which measures the greenback’s strength against six major currencies, steadied today after hitting two-week lows earlier in the week. It is still down roughly 10% over the six months Trump has been in office. …
… For the remainder of the report:
end
What happened to Trump’s idea of inspecting the gold at Fort Knox?
Submitted by admin on Sat, 2025-07-26 12:10 Section: Daily Dispatches
12:12p ET Saturday, July 26, 2025
Dear Friend of GATA and Gold:
Noel Lorenzana, a certified public accountant in Morton Grove, Illinois, who operates a channel at YouTube, this week called attention to the disappearance of the story about President Trump’s desire to inspect the gold vaults at Fort Knox.
Lorenzana quotes geopolitical expert Jim Rickards’ observation that Treasury Secretary Scott Bessent probably talked the president out of the idea, lest scrutiny of Fort Knox disclose that the gold there has been leased, swapped, or otherwise encumbered as part of the U.S. government’s longstanding policy of gold price suppression and currency market manipulation, and lest it remind the world that gold remains not just money but the highest form of it.
Anyone asking questions about gold leasing, Rickards remarked back in March —
— is “tampering with the primal forces.”
That’s why mainstream financial news organizations never pose such questions and why, for the truth about gold, the world must rely on others, like Rickards, an accountant from Illinois, and, of course, GATA.
Lorenzana’s program is 17 minutes long and can be viewed at YouTube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
end
Phillip Streible: The manipulator behind sub-$40 silver
Submitted by admin on Sun, 2025-07-27 11:06 Section: Daily Dispatches
By Phillip Streible
Kitco News, Montreal
Friday, July 25, 2025
The timing seemed almost too perfect.
On Wednesday silver was nearing the elusive price of $40 per ounce, while gold futures were on the verge of another breakout attempt. However, the largest manipulator of the silver market intervened, preventing this from happening.
Headlines emerged indicating that the United States was “close to reaching a deal” with the European Union. As a result, gold prices quickly dropped by $40 per ounce, and silver retreated from $39.91, ultimately closing the day at $39.50.
Fast forward to Friday: Silver is down $1.70 from Wednesday’s highs and is now trading at our tactical support level of $38.21. …
… For the remainder of the commentary:
end
amazing!
David Jensen: LBMA warns about gold counterfeiting, but not its own
Submitted by admin on Sun, 2025-07-27 11:15 Section: Daily Dispatches
By David Jensen
JensenDavid.Substack.com
Saturday, July 26, 2025
The London Bullion Market Association is warning us about counterfeit precious metals with this helpful recent article, “The Silent Risk: Counterfeiting in Precious Metals”:
The LBMA’s article contains nuggets such as this:
“The consequences of counterfeiting extend far beyond individual losses.
“At the market level, it introduces artificial supply, distorts pricing, and undermines investor confidence. News of counterfeit bullion in circulation can trigger panic selling, while undetected fakes suppress prices over time by inflating perceived inventory.” …
… For the remainder of the commentary:
end
4. ANDREW MAGUIRE/LIVE FROM THE VAULT KINESIS 233
5. COMMODITY REPORT..GROUND BEEF
Ground Beef Prices Hit Another Record High
Monday, Jul 28, 2025 – 07:45 AM
The latest USDA cattle report shows America’s cattle and calves herd population has fallen to 94.2 million, its lowest mid-year level since 1973. The nation’s shrinking herd size has pushed retail ground beef prices to record highs. While talk of a herd recovery cycle may be premature, Goldman Sachs analysts are eying a cyclical low in the cattle cycle.
Bloomberg notes that while improved pasture conditions and higher beef prices at supermarkets and butcher shops have sparked some speculation about an incoming herd rebuilding cycle, there’s no clear evidence that this may materialize soon.
Heifer numbers in animal feeding operations (known as feedlots) across the Midwest, used by the industry to feed a high-energy diet (mostly grains like corn … and growth-promoting hormones) to rapidly build weight before slaughter, have remained stable, but beef cow numbers continue to decline. This indicates stabilization, but not a recovery. And in any recovery scenario, the shape will unlikely be a “V”.
Derrell Peel, a professor of agricultural economics at Oklahoma State University, commented on the latest USDA numbers. He said the data offers “very little indication of much herd rebuilding or anything very aggressive.”
Peel noted that while the number of heifers in feedlots remains stable, their ratio to steers suggests ranchers are not holding back females to boost breeding operations.
“We are probably stabilizing cattle numbers, but we’re not growing yet,” he said.
Last month, Goldman analysts Leah Jordan and Eli Thompson signaled that the 12-year cattle herd cycle has likely reached a cyclical low, suggesting a rebuilding phase may be approaching. However, any eventual recovery is unlikely to be a sharp “V” and will more likely take the shape of a prolonged “U”.
“We also believe the cyclical low in beef profitability is creating an attractive entry point for patient investors in Buy-rated TSN,” the analysts noted.
The rebuilding phase will be rocky for the four mega-corporations (JBS, Tyson Foods, Cargill, and National Beef) that control 80% of beef processing in America because, as Senator Hawley warned in late June at an antitrust hearing on Capitol Hill, scrutiny on the meatpacker “monopoly” has begun, calling for the urgent need of more competition.
The path to rebuilding begins with revitalizing regional microprocessing plants nationwide and establishing a more resilient, decentralized food supply chain that’s less vulnerable to disruptions.
Next month, the ZeroHedge Store will unveil a refresh, featuring new ranches and MAHA-oriented products, including microplastic-free items and those proudly made in the USA.
ASIAN MARKETS THIS MONDAY MORNING:
SHANGHAI CLOSED UP 4.28 PTS OR 0.12%
//Hang Seng CLOSED UP 173.78 PTS OR 0.68%
// Nikkei CLOSED DOWN 457.96 PTS OR 1.10% //Australia’s all ordinaries CLOSED UP 0.33%
//Chinese yuan (ONSHORE) CLOSED DOWN AT 7.1738 OFFSHORE CLOSED DOWN AT 7.1765/ Oil DOWN TO 65.88 dollars per barrel for WTI and BRENT DOWN TO 69.17 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN TRADING :/ONSHORE YUAN UP TRADING AT 7.1738 AND WEAKER//OFF SHORE YUAN TRADING UP TO 7.1765 AGAINST US DOLLAR/ AND THUS WEAKER
YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS MONDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED DOWN TO 7.1738 (CHINESE COMMUNIST PARTY MANIPULATED)
OFFSHORE YUAN: UP TO 7.1765
HANG SENG CLOSED UP 173.78 PTS OR 0.68%
2. Nikkei closed DOWN 457.96 PTS OR 1.10%
3. Europe stocks SO FAR: ALL GREEN
USA dollar INDEX UP TO 98.00/ EURO FALLS TO 1.1655 DOWN 79 BASIS PTS
3b Japan 10 YR bond yield: FALLS TO. +1.573//Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 148.42…… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE RE EMERGING OF THE YEN CARRY TRADE AGAIN AFTER DISASTROUS POLICY ISSUED BY UEDA
3c Nikkei now ABOVE 17,000
3d USA/Yen rate now well ABOVE the important 120 barrier this morning
3e Gold UP /JAPANESE Yen DOWN CHINESE ONSHORE YUAN: DOWN OFFSHORE: DOWN
3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA
Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.
3g Oil DOWN for WTI and DOWN FOR BRENT this morning
3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund YIELD DOWN TO +2.6970/Italian 10 Yr bond yield DOWN to 3.546 SPAIN 10 YR BOND YIELD DOWN TO 3.287%
3i Greek 10 year bond yield DOWN TO 3.397
3j Gold at $3335.35 Silver at: 38.10 1 am est) SILVER NEXT RESISTANCE LEVEL AT $50.00//AFTER 28.40
3k USA vs Russian rouble;// Russian rouble DOWN 0 AND 41 /100 roubles/dollar; ROUBLE AT 79.81
3m oil (WTI) into the 65 dollar handle for WTI and 69 handle for Brent/
3n Higher foreign deposits moving out of China// huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/
JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 148.42// 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 1.573% STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE IS NOW UNWINDING.
30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8010 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9335 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.
USA 10 YR BOND YIELD: 4.410 UP 2 BASIS PTS…
USA 30 YR BOND YIELD: 4.953 UP 2 BASIS PTS/
USA 2 YR BOND YIELD: 3.928 UP 1 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 40.55
10 YR UK BOND YIELD: 4.6520 UP 1 PTS
10 YR CANADA BOND YIELD: 3.535 UP 1 BASIS PTS
5 YR CANADA BOND YIELD: 3.087 UP 1/2 PTS
2a New York OPENING REPORT
US Futures, Global Markets Hit New Record Highs After US-EU Trade Deal
Monday, Jul 28, 2025 – 08:04 AM
Another day, another all time high.
US equity futures and global markets are at a fresh all time high (but the gains are fading) on a trade-induced, global risk-on rally, sparked by Sunday’s US/EU deal for 15% tariffs on European exports to the US, while we also learned that US/China will extend the trade truce by 90-days as they resume negotiations today. As of 8:00am ET, S&P futures are up 0.2%, well off session highs, while Nasdaq futures gain 0.3%. Pre-market, all Mag7 names are higher with semis outperforming. Cyclicals are poised to outperform, led by Fins/Industrials. Bond yields are up 1bp, reversing an earlier drop, as the USD appreciates on the back of a slide in the euro and yen. Commodities are mixed with crude higher, natgas lower, precious metals flat, base metals down, and Ags mixed. Today’s macro data is light with on Dallas Fed Mfg Activity but it’s a crazy busy week with the Fed decision on deck, 38% of all companies reporting, the jobs report on Friday and much more (full preview coming).
In premarket trading, Mag 7 names are all higher (Tesla +1.6%, Nvidia +0.7%, Amazon +0.6%, Meta +0.4%, Alphabet +0.4%, Microsoft +0.3%, Apple +0.2%).
- US energy stocks moved higher after Trump said the EU agreed to buy $750 billion in American energy products and invest $600 billion in the US on top of existing expenditures. LNG stocks including Cheniere Energy (LNG) and Venture Global (VG) rise after the EU committed to big purchases of American energy products as part of the trade deal. Cheniere +5%, Venture Global +6%.
- ASML’s US-listed shares (ASML) gain 3% after a key customer, Samsung, won a contract to make AI chips for Tesla.
- ATAI Life Sciences (ATAI) sinks 11%. The company is a majority shareholder of Recognify Life Sciences, whose Phase 2b trial missed a primary endpoint.
- Revvity (RVTY) falls 7% after the life sciences firm trimmed its adjusted earnings-per-share forecast for the full year.
- Sarepta (SRPT) is down 2% as the FDA probes the death of an 8-year-old boy in Brazil who received the drugmaker’s Elevidys. Brazilian authorities have said that the death was unlikely to be due to the drug.
In the biggest news over the weekend, Trump and European Commission President Ursula von der Leyen announced the EU deal on Sunday at his golf club in Turnberry, Scotland, although they didn’t disclose the full details of the pact or release any written materials. And even as fears of a damaging trade war ease, optimism is tempered by the risks posed from the US jobs report, Fed and BOJ meetings and earnings from megacap companies this week. Early gains in European automakers faded and the euro slid to its lowest in a week against the dollar as investors digested more negative aspects of the accord.
US energy stocks moved higher after Trump said the EU agreed to buy $750 billion in American energy products and invest $600 billion in the US on top of existing expenditures.
“This deal removes any uncertainty which has been reflected in the positive market movements this morning,” Michael Browne, global investment strategist at Franklin Templeton Institute, wrote in a note. “We will now have to see what the tariffs mean for businesses and how they will be absorbed, but it will vary by sectors.”
Elsewhere, Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Stockholm on Monday amid a report their two countries are expected to extend their tariff truce by another three months. “Markets like certainty and we should expect a deal very soon,” according to Franklin Templeton Institute’s Browne.
Meanwhile, Mag 7 members Apple, Amazon.com, Microsoft and Meta are all due to report numbers. Robust corporate earnings have bolstered investor confidence in US stocks, as companies head for their highest share of beats since the second quarter of 2021.
Progress in trade deals, positive economic data and corporate resilience have offset worries that stocks are overheating. More than 80% of S&P 500 companies have exceeded profit estimates, according to data compiled by Bloomberg Intelligence.
Later in the week, the Bank of Japan is set to keep interest rates unchanged with traders on alert for any signs of future guidance by the central bank.
In geopolitical news, leaders of Thailand and Cambodia are set for talks Monday to halt the deadliest clashes between the neighbors in more than a decade.
European stocks and US futures both advance after the European Union secured a trade deal with President Donald Trump over the weekend, further easing fears of a damaging trade war ahead of the Aug. 1 deadline. The Stoxx 600 climbs 0.6% with technology, real estate and health care names leading gains. Automotive stocks jumped in early trading but later slipped as investors focused on more negative aspects of the deal. European chipmakers rise after Samsung won a contract to build AI chips for Tesla. Here are the biggest movers Monday:
- ASML and other European semiconductor equipment stocks gain after their key customer, Samsung, wins a contract to make AI chips for Tesla, while a US-EU trade agreement that exempts tariffs on semiconductor equipment gives a further boost
- Forvia shares rise as much as 12%, to their highest intraday level in over a year. The firm delivered operating profit ahead of analyst expectations in the first half and confirmed its guidance for the full year
- Ceres Power Holdings soars as much as 34%, the most since 2024, after Doosan became the first of its strategic licensing partners to start mass-market production of fuel cell stacks using the company’s solid oxide technology
- ProSieben shares surge 11% to €7.79 apiece after MFE decided to raise its takeover bid for the German broadcaster, with the Italian firm now offering €4.48 in cash and 1.3 of its Class A shares for one share in ProSieben
- Landis+Gyr gains as much as 5.2%, reaching its highest since late October, following an upgrade to buy at Berenberg, which sees a potential divestment of the Swiss energy management firm’s EMEA business as a key catalyst
- European pharma stocks advance after senior American officials told reporters the US has agreed to set a 15% tariff on pharmaceutical imports from the EU as part of the broader trade deal struck at the weekend
- European car shares erase earlier EU-US trade-deal inspired gains as analysts point out more negative aspects of the accord and after Audi cut its outlook. Audi says the tariffs and restructuring costs are weighing on earnings
- Shares in European defense companies fall, missing out on a broader rally inspired by a EU-US trade deal, under which Europe is set to buy military equipment from the US
- Heineken shares drop as much as 2% after volumes fell more than anticipated due to retailer disputes across Europe, although analysts at Citi said these have been resolved as they pointed to better exit rates in June
- Loomis shares fall as much as 7.1% after SEB cut its rating on the Swedish cash handling and security firm to hold from buy, saying stock now offers more neutral risk/reward due to lower volumes in France and Sweden
- Computacenter shares drop as much as 6.4%, with analysts saying the IT company’s first-half adjusted operating profit is disappointing as consensus had forecast a larger rise in earnings
- SP Group falls as much as 6.1% after DNB Carnegie cut its price target on the Danish plastics industry group, saying that the firm is unlikely to recover its lost first-half sales volumes in the rest of the year
- PGE shares drop as much as 3.6% after Poland’s biggest power utility reported 11.b zloty write-offs in the first half of the year, mostly in its conventional electricity generation segment
Earlier in the session, Asian equities declined as investors assessed a US trade deal with the European Union and considered the potential for negotiations with other nations, including China. The MSCI Asia Pacific Index dropped 0.3%, with Advantest weighing on the gauge after a UBS downgrade. Japanese and Indian shares were among the biggest decliners in the region. Samsung rose after it signed a $16.5 billion pact to make chips for Tesla. Shares in Hong Kong, China, Indonesia and Taiwan advanced. The MSCI Asian benchmark climbed last week to the highest since March 2021, as US deals with Japan and other nations buoyed optimism ahead of President Donal Trump’s Aug. 1 tariff deadline.
“The rally since ‘Liberation Day’ is due to a change in sentiment and expectations, rather than a change in fundamentals,” Chi Lo, senior market strategist, APAC at BNP Paribas Asset Management, said in a Bloomberg TV interview. “If we get a shock, such as China-US trade talks not going as expected, that could be a trigger for a pullback,” he added.
In FX, the dollar strengthens for a third straight session with the Bloomberg Dollar Spot Index up 0.4%. The antipodean currencies are leading losses against the greenback among the G-10 currencies, falling around 0.7% each. The euro is not far behind with a 0.6% drop having erased an earlier gain. The pound has been the most resilient, albeit still losing 0.2%.
In rates, treasuries are little changed in early US trading, off day’s best levels reached during London morning following weekend announcement of a US-EU trade accord. Yields are back within 1bp of Friday’s closing levels after declining by 2bp-3bp; dominant themes last week included progress toward trade agreements averting steeper US tariffs on imports, and US administration pressure on Fed Chair Jerome Powell to step down before his term ends next year. 10Y Treasurys are trading at 4.40%, up 1bp from Friday’s close, erasing an earlier drop. An accelerated and compressed coupon auction cycle begins with $69b 2-year note sale at 11:30am and $70b 5-year at 1pm; it concludes Tuesday with $44 billion 7-year, the last coupon auction of the May-July financing quarter. Quarterly refunding announcement for August-to-October is ahead Wednesday.
In commodities, spot gold is steady near $3,338/oz. WTI rises 0.6% to near $65.60 a barrel. Bitcoin is hovering just below $119,000.
Looking at today’s US economic data calendar, we only have July’s Dallas Fed manufacturing activity (10:30am); key employment indicators are ahead this week including JOLTS job openings, ADP employment change and employment report. Fed officials are in external communications blackout ahead of their July 30 rate decision; swap contracts linked to future Fed rate decisions continue to fully price in one quarter-point rate cut this year in October, and most of a second one by year-end.
Market Snapshot
- S&P 500 mini +0.3%
- Nasdaq 100 mini +0.5%
- Russell 2000 mini +0.5%
- Stoxx Europe 600 +0.5%
- DAX +0.2%, CAC 40 +0.5%
- 10-year Treasury yield -2 basis points at 4.37%
- VIX +0.3 points at 15.2
- Bloomberg Dollar Index +0.4% at 1202.83
- euro -0.5% at $1.168
- WTI crude +0.8% at $65.71/barrel
Top Overnight News
- Futures climbed (SPX futs +15 bps, NDX futs +30bps) after the US and the EU reached a trade agreement that set a lower-than-threatened 15% tariff on most goods, including cars, from Aug. 1. Germany and France weren’t willing to risk a trade war with the US, pushing the EU to conclude the deal. BBG
- The US has frozen restrictions on technology exports to China to avoid hurting trade talks with Beijing and help Trump secure a meeting with Xi Jinping this year. The commerce department’s Bureau of Industry and Security, which runs export controls, has been told in recent months to avoid tough moves on China, according to current and former US officials. FT
- U.S. President Donald Trump said on Sunday his administration was close to reaching a trade deal with China, but gave no other details. “We’re very close to a deal with China. We really sort of made a deal with China, but we’ll see how that goes,” Trump said. RTRS
- China will begin providing subsidies of ~$500 per child under the age of 3 to parents across the nation as it looks to boost birthrates. BBG
- Months of intense negotiations appear unlikely to produce a trade deal between the US and India before the August 1 deadline, despite Trump having teased one for months as “coming soon”, according to three people familiar with the situation. SCMP
- Israel rolled back curbs on food distribution to Gaza in an effort to defuse an international outcry. Meanwhile, Houthi militants vowed to target ships dealing with Israeli ports. BBG
- Tesla tapped Samsung to produce its next-gen chips in a $16.5 billion deal running through 2033. Elon Musk later said on X that “$16.5B is just the bare minimum.” Samsung shares jumped to their highest since September, while Tesla rose in premarket trading. BBG
- Investors pulled $3.9 billion from Treasuries in June and added $10 billion to US and European IG company debt amid rising US fiscal deficits, EPFR data show. BBG
- NASA spokesperson said about 20% of the workforce is set to depart the agency as part of an overall effort to become streamlined and more efficient amid concerns about mission safety.
- Boeing is bracing for a strike at its defense hub after workers rejected a contract offer that included a 20% wage increase over four years. IAM District 837 members in St. Louis voted to reject the Boeing (BA) defence contract, while the Co. said it was disappointed that employees voted down the richest contract offer it’s ever presented to IAM 837 and stated that no talks are scheduled with the union.
- US Lawmakers said to be quickly souring on the OBBB’s tax hike on gamblers, according to Punchbowl
Trade/Tariffs: US-EU Deal
- US President Trump announced a deal with the EU involving a 15% tariff and stated the EU will buy USD 750bln in US energy and is opening up all countries, while he added the EU will purchase US military equipment and will make USD 600bln in US investments. Trump added that the deal is the biggest ever made and will be great for cars, as well as noted that agriculture is also to have a big impact. Furthermore, Trump said they are looking at deals with three to four other countries and countries will probably receive a letter of clarification or confirmation this week.
- European Commission President von der Leyen confirmed there will be 15% tariffs across the board and said the trade deal creates certainty and stability for businesses on both sides of the Atlantic. Von der Leyen said the deal reaffirms the transatlantic partnership and the 15% tariff rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals, while she added that they agreed on zero-for-zero tariffs on certain agricultural products and on strategic products such as aircraft component parts and certain chemicals. Furthermore, she commented that tariffs will be cut and a quota system in place for steel, while there will be major purchases of US LNG and details on the trade deal framework will happen over the next few weeks.
- US senior administration official said the EU agreed to open markets to all but a few products, while President Trump suggested the EU buy USD 1tln of US energy during his term, but the EU settled at USD 750bln and agreed to 15% tariffs on autos, semiconductors and pharmaceuticals. The admin official stated that EU leaders accepted that US would stick to 50% tariffs on steel and aluminium and the EU wants to continue discussing steel and aluminium tariffs. The official stated that President Trump has the ability to change tariffs back if countries don’t live up to their commitments and the EU lowered tariffs on many products in the agriculture sector, but not all. Furthermore, the aircraft investigation is still in progress in which the tariff will be zero for now and it is likely that aircraft won’t face tariffs, but must wait for the probe to end, while the spirits issue is still to be decided and the US did not include it due to large EU agricultural surpluses.
- USTR Greer and Commerce Secretary Lutnick travelled to Scotland for the EU trade talks, while Lutnick stated the US will release the results of the Section 232 regarding chip imports in two weeks and separately commented that there are no more extensions to the August 1st deadline for tariffs.
- German Chancellor Merz said it is good that the EU and US reached a deal on tariffs and the deal avoids a conflict that would have hit the German economy, particularly in the autos sector, while Merz added that they protected their core interests even if he would have liked to see further facilitation of transatlantic trade.
- French European affairs minister said the trade deal between the EU Commission and the US will bring temporary stability, but it’s still an unbalanced deal, while the minister added that the deal has merits of exempting certain key French sectors such as aeronautics, spirits and medicines.
- Dutch PM Schoof said the EU-US agreement is vital for an open economy like theirs, while he added that it is important to work out the details of the framework trade deal as quickly as possible.
- French trade minister on the EU-US framework trade deal, says more talks are needed concerning digital services; spirits should be exempted.
- “EU officials expect there to be a joint statement with the US on yesterday’s deal – not-legally binding, working to have it ASAP. “, according to SCMP’s Bermingham “This is expected to be along the lines of the US-Indonesia statement from roughly a week ago.”
- EU Official says the EU has agreed to cut its car import duty to 2.50% as part of EU-US trade deal. EU official, on US/EU trade deal, says discussions ongoing regarding wines and spirits.
- Germany’s engineering federation VDMA says US and EU must not make trade agreement a new normal; trade deal will cost German auto firms billions every year.
- German Chemicals Association VCI, on EU-US trade deal, says, has taken note of “certain chemicals” but do not know which are meant by this.
- German Economy Minister says there will be a requirement for some sectoral adaptation after the EU-US deal Need for further negotiations on aluminium and steel.
Trade/Tariffs: US-China
- US President Trump is said to freeze export controls in order to secure a trade deal with China, according to FT. It was separately reported that US and China are expected to extend the trade truce by 90 days, according to SCMP.
- South Korea’s Finance Minister and Foreign Minister will meet with US counterparts this week, while South Korea is preparing a trade package and is drawing a mutually agreeable plan including a shipbuilding partnership. It was separately reported that South Korea suggested tens of billions of dollars worth of shipbuilding projects to the US in trade talks, according to Yonhap.
- UK government said PM Starmer is to meet US President Trump for wide-ranging talks in Scotland and they are expected to discuss progress on implementing the UK-US trade deal, hopes for a ceasefire in the Middle East, and applying pressure on Russia’s Putin to end the war in Ukraine.
- Chinese Foreign Minister held a phone call with South Korean counterpart, says the two sides should jointly oppose “decoupling”.
- A high-level delegation of US executives will travel to China this week to meet Chinese officials, in a visit organised by the US-China Business Council, according to Reuters sources; US government was not involved in organisation of visit.
- US-China trade talks to start Monday “afternoon” local time in Sweden, according to Reuters sources.
A more detailed look at global markets courtesy of Newsquawk
European bourses (STOXX 600 +0.7%) opened entirely in the green, benefiting from the EU-US trade agreement. As the morning progressed, indices waned off best levels, but still remain in the green. Nothing behind the slight pressure, but likely some profit-taking ahead of this week’s key risk events, which include US PCE, NFP and a slew of earnings. European sectors hold a strong positive bias. Healthcare has been buoyed by the EU-US trade deal, where the EU secured a 15% rate for a vast majority of EU exports including cars, semiconductors and pharmaceuticals. Autos were initially strengthened by the announcement, but now trade mixed as traders digest the financial implications of the tariff – Germany’s VDMA said that the “trade deal will cost German auto firms billions every year”. Media is found at the foot of the pile, joined by Basic Resources.
Top European News
- ECB’s Cipollone said the economy is sending conflicting signals and needs to see how trade will affect prices.
- Germany is reportedly to avoid EU punishment for breaching budget rules, according to FT,
- Several were killed in a train crash in Germany near the town of Biberach, close to the border with France.
- S&P affirmed Luxembourg at AAA; Outlook Stable, while Fitch lowered Finland’s sovereign rating from AA+ to AA; Outlook Revised to Negative from Stable.
- ECB’s Kazimir says “I do not see any significant change that would force my hand to act in September; it would take something like clear signs of unravelling the labour market for me to act” “Sees no looming spectre of inflation undershoot and risks are not tilted to the downside”. US-EU trade deal reduces uncertainty but unclear how it impact inflation.
APAC stocks were ultimately mixed despite early tailwinds following the announcement of the US-EU trade deal, while gains were capped ahead of a slew of risk events this week and with Japan pressured amid political uncertainty. ASX 200 traded higher but with upside limited amid light catalysts and ongoing global trade uncertainty, while participants digested quarterly activity updates. Nikkei 225 wiped out its opening gains and dipped into negative territory amid political headwinds with Japan’s ruling LDP said to have collected enough signatures on Friday to call a general meeting that will hold PM Ishiba accountable for the party’s recent crushing election loss, while participants also brace for the BoJ policy meeting this week where analysts reportedly see the BoJ providing a less gloomy view and signalling the potential for resuming rate hikes later in the year. Hang Seng and Shanghai Comp were mixed ahead of US-China trade talks in Sweden and with the trade truce expected to be extended for 90 days.
Top Asian News
- PBoC conducted CNY 400bln 1-year Medium Term Lending Facility with the rate at 2.00% for a CNY 100bln net injection.
- Chinese Premier Li said at the World AI Conference that China will help establish an international AI collaboration group and that AI should be an international public good that benefits humanity, while he stated global AI development is accelerating and AI is moving from perceiving the world to changing the world.
- China’s Agriculture Ministry announced a plan to promote the consumption of agricultural products.
- Beijing issued a warning of geological disasters such as landslides for 10 of its 16 districts.
- US Commerce Secretary Lutnick said President Trump really likes TikTok, but it has to move to US ownership.
- Many called for Japanese PM Ishiba’s resignation at Japan LDP meeting, according to Kyodo.
FX
- The USD picked up strength in early European trade after a steady APAC session. There was no headline coinciding with the move at the time but appeared to be more a case of Europe reacting to the EU-US trade agreement. The EU-US agreement removes another area of uncertainty for the market and could also be followed by some positive mood music between the US and China with both sides set to meet in Stockholm this afternoon. Reporting ahead of the meeting suggests a potential 90-day extension of the current 90-day truce. DXY has made its way back onto a 98 handle with a current session high at 98.06. Next upside target comes via the 50DMA at 98.30.
- The obvious focus for the Eurozone at the start of the week has been on the trade front following the EU-US trade agreement. The deal will see EU goods subject to a 15% tariff (including autos, semiconductors, pharma), 0% tariff on aircraft parts (for now), make USD 750bln in energy purchases from the US and USD 600bln in US investments. The deal is broadly as expected given the reporting last week and is not “as bad as feared” given the 30% tariff rate, which was looming over negotiations. However, EUR has been unable to capitalise on the removal of uncertainty and is softer vs. the USD and EUR. Part of this may be a “buy the rumour, sell the fact” trade and also the view that, whilst the worst case has been avoided, it is still a sub-optimal trade arrangement for the EU. It is also worth noting that at this stage, it is just an agreement and still subject to formal ratification by both sides.
- JPY is also suffering at the hands of the firmer USD with USD/JPY back above the 148 mark. Sentiment in Japan remains suppressed by political headwinds with Japan’s ruling LDP said to have collected enough signatures on Friday to call a general meeting that will hold PM Ishiba accountable for the party’s recent crushing election loss. Participants are also bracing for this week’s BoJ policy announcement, which is expected to see policy settings left unchanged. As it stands, markets price around 19bps of tightening by year-end. USD/JPY has ventured as high as 148.34 with the next upside target coming via the 21st July high at 148.66.
- GBP is softer vs. the USD but to a lesser extent than peers with the pound benefiting from cross-related selling in EUR/GBP. Macro drivers for the UK are light aside from UK PM Starmer being set to meet US President Trump for wide-ranging talks in Scotland; expected to discuss progress on implementing the UK-US trade deal. The data slate is a light one for the UK this week. Cable is just about holding above the 1.34 mark with a session low at 1.3407. EUR/GBP is eyeing a test of 0.87 to the downside with a current session low at 0.8705.
- Antipodeans are the G10 underperformers, after initially being buoyed by the risk tone. Though as sentiment slowly waned across markets, the Aussie and Kiwi also lost their allure, to currently trade just off session lows.
Fixed Income
- USTs/Bunds began lower, in-fitting with the positive risk tone, held in the red but off lows in contained overnight trade. JGB’s on the other hand were bid alongside a deterioration in risk sentiment in Japan amid political headwinds and ahead of the BoJ announcement later in the week.
- As for the European morning, the fixed income complex caught a bid around the European cash open. No clear fresh catalyst for the upside, but potentially in tandem with a slight deterioration in the risk tone and a paring of the hawkishness seen late last week, with the EU-US deal welcome but still a growth headwind vs the revised April baseline of 10%. USTs are currently trading flat/incrementally firmer, and towards the upper end of a 110-26 to 111-03 range. No Tier 1 data releases today, so more focus on the US-China meeting in Sweden, US supply (2yr & 5yr note due) and then Treasury Financing Estimates thereafter before Wednesday’s refunding. Morgan Stanley does not expect the Treasury to increase coupon sizes at all this year, and have pushed out their call for the next coupon increase to February 2027 (prev. May 2026).
- For Bunds, they caught a bid around the European cash open and have continued to climb, currently at session highs in a 129.12-74 range. Further upside could see a potential test of its 50% fib retracement of last week’s move at 129.80, and then the round 130.00 mark. On the firmer fixed environment and associated lower yield action, Rabobank makes the point that diminished trade uncertainty is potentially causing a moderation in term premia.
- Gilts are also higher to a similar degree as Bunds, and ultimately following peers. UK paper currently trades towards the upper end of a 91.57-85 range. More focus has been on the EU, but reports recently have suggested that UK PM Starmer is to convene with US President Trump at his Turnberry golf resort in Scotland. Starmer is reportedly to bring up steel tariffs with Trump, but the US President said on Sunday that the trade deal with Britian is “concluded”.
Commodities
- WTI and Brent are modestly higher in what has been a choppy session so far, currently higher by around USD 0.50/bbl. Earlier upside was driven by the broader risk tone, but as that deteriorated a touch (in equities), the complex also waned off best levels. Nothing energy-specific of note for the complex today, so attention now turns to developments in Sweden, where US-China are to discuss trade. For energy specifically, the OPEC+ JMMC are set to convene, but are unlikely to make any alterations to the group’s output plans. Brent Oct’25 currently trades in a USD 68.35-69.11/bbl range.
- Spot gold initially gapped lower at the open, as the yellow-metal digested the latest EU-US trade deal, which boosted sentiment. However, overnight trade saw the prices entirely pare that downside, to currently trade around the unchanged mark.
- Base metals are mixed/marginally firmer, failing to benefit from the on the early trade-related euphoria heading to a slew of risk events this week. 3M LME copper currently incrementally higher and trades in a USD 9,779.05-9,820.4/t range.
- Iran’s Foreign Ministry spokesman says IAEA visit is to take place within two weeks.
Geopolitics: Middle East
- Israel’s military announced a pause of military activity in designated areas in Gaza where it is not operating until further notice, with the pause in fighting to be daily in three areas of Gaza.
- Two Jordanian air force planes and one Emirati plane dropped a total of 25 tonnes of aid in Gaza in the first air drop in months, according to a Jordanian official source. Furthermore, the World Food Programme said it hopes Israeli humanitarian pauses will allow for a surge in urgently needed food for Gaza and it has enough food in or on its way to the region to feed the entire Gaza population for almost three months.
- US President Trump said he doesn’t know what is going to happen regarding Gaza and Israel is going to have to make a decision, while he added we will see what happens and the US is going to do more aid.
- Hamas’s exiled chief Khalil al-Hayya said ceasefire negotiations with Israel are meaningless under a continued blockade and starvation, while he added the immediate and dignified delivery of food and medicine to our people is the only serious and genuine indication of whether continuing the negotiations is worthwhile.
- Yemen’s Houthis said they will target ships that belong to companies which deal with Israeli ports, regardless of their nationality and ships will be attacked regardless of their destination if shipping companies don’t heed their call.
- Houthis say that, as part of the “4th phase” of action, they will be targeting “any ship coming from Israeli ports, regardless of nationality.”, via journalist Berman.
Geopolitics: Russia-Ukraine
- Kremlin spokesperson said Russia prefers political and diplomatic means to resolve the conflict in Ukraine, although Kyiv and the West rejected that path.
- Poland scrambled aircraft to ensure airspace security after Russia launched a missile attack on Ukraine, according to the Polish armed forces.
- European Commission President von der Leyen said following a conversation with Ukrainian President Zelensky that the EU will continue to support Ukraine on its European path.
- An Emergency Alert has been declared this morning throughout the Lithuanian capital of Vilnius, after an unknown drone, believed to likely be Russian, crossed into the country from Belarus, according to OSINTdefender.
Geopolitics: Other
- Thailand’s military noted clashes continue in several areas on the border with Cambodia, while it was separately reported that Thailand’s acting PM agreed in principle to have a ceasefire but wants to see a sincere intention from Cambodia and wants bilateral dialogue as soon as possible.
- Malaysia’s Foreign Minister said that Cambodia’s PM and Thailand’s acting PM will visit Malaysia on Monday to discuss the conflict, while a Thai Foreign Ministry spokesperson confirmed there will be a meeting on Monday.
- US President Trump spoke with the leaders of Cambodia and Thailand, while he stated that both are looking for an immediate ceasefire and peace, as well as stated that they are looking to get back to the trading table with the US.
- US Secretary of State Rubio spoke with the leaders of Cambodia and Thailand and urged both sides to deescalate tensions immediately and agree to a ceasefire, while he said the US is prepared to facilitate talks.
- North Korea said it has no interest in any new policy of South Korea and will not sit down for dialogue, while it rejects conciliatory overtures by South Korea and said North Korea and South Korea have moved irreversibly past the concept of one nation.
- South Korea Presidential Office said it is to continue to take actions needed for peace after North Korea’s rejection of peace overtures, while the South Korea Unification Ministry said North Korea’s reaction is an indication of the challenge in inter-Korea ties.
US Event Calendar
- 10:30 am: Jul Dallas Fed Manf. Activity, est. -9.5, prior -12.7
DB’s Jim Reid concludes the overnight wrap
This week’s key August 1st trade deadline is rapidly becoming a non-event. The last of the significant agreements was concluded yesterday, with the US and EU reaching a deal that mirrors the structure of the recent US-Japan accord. European stock futures are up around a percent in Asia as a result. The agreement includes a 15% tariff on autos, excludes pharmaceuticals, and maintains the existing 50% tariffs on steel and aluminium. In a significant gesture, the EU has pledged to import $750 billion worth of energy, invest $600 billion into the US economy, and purchase “vast quantities” of military equipment. Additionally, the EU has committed to opening its markets to US goods at zero tariffs. On pharma there was some confusion as to whether the EU will be exempt from the upcoming Section 232 investigation on the sector. For now, there is mixed commentary on this from both sides.
Meanwhile, US-China negotiations are underway in Stockholm today and tomorrow. Although their bespoke August 12th deadline looms, early reports — so far only from Chinese press headlines — suggest a 90-day extension has been granted. This development, if confirmed, would further reduce the urgency surrounding this week’s trade calendar. So expect the White House stationery cupboard to take a hit this week, with a flurry of letters flying out— but in the context of most of the big trade understandings having already been agreed.
Adding a curveball to the week though, Thursday (July 31st) will see the Federal Appeals Court hear the International Trade Court’s ruling that President Trump’s use of an emergency declaration to impose tariffs was unlawful. Frankly, it’s hard to gauge the outcome or the potential impact if the policy is indeed struck down—so this is one to watch. It feels like the agreements made with other countries would likely stand even if the court ruling continues to go against Mr Trump. For others he will pivot to different methods of imposing tariffs. So perhaps no major impact now, but we will see.
Turning to central banks, the Federal Reserve meets on Wednesday. The key question is whether enough uncertainty has lifted for the Fed to signal a clearer policy direction for September. Our US economists preview the meeting here and expect the Fed to hold rates steady for a fifth consecutive meeting, maintaining its current guidance without offering new clues about September. Notably, they anticipate two governors will dissent—something that hasn’t happened since 1993—at a time when political pressure on Chair Powell is intensifying. Also meeting this week are the Bank of Canada (Wednesday) and the Bank of Japan (Thursday), both expected to keep rates unchanged.
The Fed isn’t the only focus in the US this week. It’s a packed schedule for data and earnings, culminating in Friday’s payrolls report. Deutsche Bank forecasts a headline gain of just +75k (vs consensus +109k and last month’s +147k), and +100k for private payrolls (matching consensus and up from +74k last month). The difference reflects a reversal in strong state and local hiring seen in the previous month. Both DB and consensus expect the unemployment rate to tick up to 4.2%. Importantly, our economists believe that with lower immigration, even payrolls in the 50–100k range could still tighten the labour market. Other labour indicators this week include the JOLTS report tomorrow and ADP data on Wednesday.
Also on Wednesday, Q2 US GDP is expected to show a +2.1% print, rebounding from -0.5% in Q1. Thursday brings the crucial June core PCE data, alongside personal income and consumption figures. Rounding out the US data highlights, we’ll see the Conference Board’s consumer confidence index for July tomorrow (DB forecast 96.1 vs 93.0 in June), the Q2 employment cost index, and the ISM manufacturing gauge for July on Friday (DB forecast 49.5 vs 49.0 in June).
In other US news, the Treasury refunding announcement is due Wednesday, following today’s borrowing estimate. Remember that a couple of summers ago this announcement shocked markets with unexpectedly large long-term debt auctions. However, since then, the Treasury has managed the process to avoid such surprises.
In Europe, July CPI and preliminary Q2 GDP figures will be released across major economies. Spain’s inflation report comes Wednesday, followed by France, Italy and Germany on Thursday, and the Eurozone on Friday. GDP prints begin with Spain on Tuesday, then Germany, France, Italy and the Eurozone on Wednesday. Labour market data will also be released throughout the week. Tomorrow, the ECB will publish its consumer expectations survey for June.
In Asia, key releases include July PMIs in China on Thursday and Friday, and Japan’s June industrial production, retail sales and July consumer confidence on Thursday. Bloomberg’s median estimates suggest China’s manufacturing PMI will remain unchanged at 49.7, while the non-manufacturing index is expected to dip slightly to 50.3 from 50.5 in June.
Corporate earnings will be intense, with 159 S&P 500 and 113 Stoxx 600 companies reporting. The spotlight will be on Microsoft and Meta (Wednesday), followed by Apple and Amazon (Thursday)—together representing 20% of the S&P 500. Expect plenty of focus on AI capex and monetisation prospects. See the full week ahead in their day-by-day calendar at the end as usual.
In Asia this morning markets are relatively subdued outside of DM futures with the Nikkei (-0.99%) the main decliner. Mainland Chinese stocks are largely flat but with the Hang Seng +0.4% higher and the KOSPI up +0.25%. USTs are flat but 10yr JGBs are -4.3bps lower. S&P (+0.42%) and Nasdaq (+0.57%) futures are higher.
Looking back at last week now, the US reached significant tariff agreements with the Philippines (19%), Indonesia (19%) and Japan (15%). Mr Trump’s deal with Japan was notably lower than expected (15% vs 25%), including a reduced tariff on Japanese automobiles. This helped the Nikkei gain +4.11% over the week, with its best daily performance (+3.51%) since the 90-day extension announced in April. Globally, markets responded positively, buoyed by optimism that more deals would be finalised before August 1. Mr Trump stated on Friday that most deals were done and that “some letters will say 10%, 15% tariff rate.” The S&P 500 rose +0.49% on Friday to a new record high (+1.88% on the week), despite Mr Trump’s comments about limited negotiations with Canada and potential unilateral tariffs.
In Europe, markets started the week lower amid concerns over stalled US-EU negotiations, but sentiment improved as reports suggested a deal centred around a 15% tariff rate was close. The STOXX 600 and FTSE 100 both ended the week up +0.57%, though Germany’s DAX slipped -0.32%.
Elsewhere, ECB President Christine Lagarde struck a surprisingly hawkish tone on Thursday as the ECB held rates steady for the first time this year. This led investors to reassess the likelihood of further cuts, with only 16bps of easing now priced by year-end (-8.1bps on the week). Two-year bund yields rose +7.8bps. On Friday, ECB’s François Villeroy de Galhau said the bank should “remain completely open on future decisions,” and highlighted the euro’s rise, noting its “significant disinflationary effects.” The euro gained +0.82% against sterling, reaching its highest level since late 2023.
Meanwhile, in the US, the Treasury curve flattened sharply amid easing trade concerns, strong data and reduced fears that Mr. Trump might dismiss Fed Chair Powell. Data highlights included the lowest weekly jobless claims since April (217k vs 226 expected) and the strongest composite PMI since December (54.6 vs 52.8). The two-year yield rose +5.4bps on the week, while the ten-year yield fell -2.8bps—marking the steepest flattening of the 2s10s curve since February. On Friday, the ten-year yield dipped -0.8bps as Mr Trump reassured markets he wouldn’t fire Powell, quoting Powell as saying “the country is doing well,” which Mr Trump interpreted as a signal for lower rates. Still, Fed futures continue to price in less than 1bp of easing for this week’s FOMC meeting.
2b European opening report
Stocks firmer, but off best as US/EU deal is digested & into a week of risk events – Newsquawk US Market Open
Monday, Jul 28, 2025 – 05:10 AM
- EU and US agreed on a trade deal with 15% tariffs; EU to buy USD 750bln in US energy, and make USD 600bln in investments.
- EC President von der Leyen later confirmed the 15% rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals; 50% tariff on steel and aluminium remains.
- US and China are expected to extend the trade truce by 90 days, according to SCMP. Reuters suggested that talks are to begin in the “afternoon” in Sweden.
- European bourses cheer EU-US trade deal, but are off best levels; US futures are modestly higher.
- DXY picks up and EUR pulls back as participants digest the EU-US trade deal, whilst Antipodeans lag.
- Bonds were initially hit on the EU-US trade deal, but have since reversed to trade firmer on the session.
- Crude picks up on trade optimism and into OPEC+ JMMC, gold remains steady.
- Looking ahead, Dallas Fed Manufacturing Business Index, Treasury Financing Estimates, OPEC+ JMMC, US and China talks in Stockholm, Supply from the US.
Newsquawk in 3 steps:
1. Subscribe to the free premarket movers reports
2. Listen to this report in the market open podcast (available on Apple and Spotify)
3. Trial Newsquawk’s premium real-time audio news squawk box for 7 day
TARIFFS/TRADE
EU-US TRADE DEAL
- US President Trump announced a deal with the EU involving a 15% tariff and stated the EU will buy USD 750bln in US energy and is opening up all countries, while he added the EU will purchase US military equipment and will make USD 600bln in US investments. Trump added that the deal is the biggest ever made and will be great for cars, as well as noted that agriculture is also to have a big impact. Furthermore, Trump said they are looking at deals with three to four other countries and countries will probably receive a letter of clarification or confirmation this week.
- European Commission President von der Leyen confirmed there will be 15% tariffs across the board and said the trade deal creates certainty and stability for businesses on both sides of the Atlantic. Von der Leyen said the deal reaffirms the transatlantic partnership and the 15% tariff rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals, while she added that they agreed on zero-for-zero tariffs on certain agricultural products and on strategic products such as aircraft component parts and certain chemicals. Furthermore, she commented that tariffs will be cut and a quota system in place for steel, while there will be major purchases of US LNG and details on the trade deal framework will happen over the next few weeks.
- US senior administration official said the EU agreed to open markets to all but a few products, while President Trump suggested the EU buy USD 1tln of US energy during his term, but the EU settled at USD 750bln and agreed to 15% tariffs on autos, semiconductors and pharmaceuticals. The admin official stated that EU leaders accepted that US would stick to 50% tariffs on steel and aluminium and the EU wants to continue discussing steel and aluminium tariffs. The official stated that President Trump has the ability to change tariffs back if countries don’t live up to their commitments and the EU lowered tariffs on many products in the agriculture sector, but not all. Furthermore, the aircraft investigation is still in progress in which the tariff will be zero for now and it is likely that aircraft won’t face tariffs, but must wait for the probe to end, while the spirits issue is still to be decided and the US did not include it due to large EU agricultural surpluses.
- USTR Greer and Commerce Secretary Lutnick travelled to Scotland for the EU trade talks, while Lutnick stated the US will release the results of the Section 232 regarding chip imports in two weeks and separately commented that there are no more extensions to the August 1st deadline for tariffs.
- German Chancellor Merz said it is good that the EU and US reached a deal on tariffs and the deal avoids a conflict that would have hit the German economy, particularly in the autos sector, while Merz added that they protected their core interests even if he would have liked to see further facilitation of transatlantic trade.
- French European affairs minister said the trade deal between the EU Commission and the US will bring temporary stability, but it’s still an unbalanced deal, while the minister added that the deal has merits of exempting certain key French sectors such as aeronautics, spirits and medicines.
- Dutch PM Schoof said the EU-US agreement is vital for an open economy like theirs, while he added that it is important to work out the details of the framework trade deal as quickly as possible.
- French trade minister on the EU-US framework trade deal, says more talks are needed concerning digital services; spirits should be exempted.
- “EU officials expect there to be a joint statement with the US on yesterday’s deal – not-legally binding, working to have it ASAP. “, according to SCMP’s Bermingham “This is expected to be along the lines of the US-Indonesia statement from roughly a week ago.”
- EU Official says the EU has agreed to cut its car import duty to 2.50% as part of EU-US trade deal. EU official, on US/EU trade deal, says discussions ongoing regarding wines and spirits.
- Germany’s engineering federation VDMA says US and EU must not make trade agreement a new normal; trade deal will cost German auto firms billions every year.
- German Chemicals Association VCI, on EU-US trade deal, says, has taken note of “certain chemicals” but do not know which are meant by this.
- German Economy Minister says there will be a requirement for some sectoral adaptation after the EU-US deal Need for further negotiations on aluminium and steel.
US-CHINA
- US President Trump is said to freeze export controls in order to secure a trade deal with China, according to FT. It was separately reported that US and China are expected to extend the trade truce by 90 days, according to SCMP.
- South Korea’s Finance Minister and Foreign Minister will meet with US counterparts this week, while South Korea is preparing a trade package and is drawing a mutually agreeable plan including a shipbuilding partnership. It was separately reported that South Korea suggested tens of billions of dollars worth of shipbuilding projects to the US in trade talks, according to Yonhap.
- UK government said PM Starmer is to meet US President Trump for wide-ranging talks in Scotland and they are expected to discuss progress on implementing the UK-US trade deal, hopes for a ceasefire in the Middle East, and applying pressure on Russia’s Putin to end the war in Ukraine.
- Chinese Foreign Minister held a phone call with South Korean counterpart, says the two sides should jointly oppose “decoupling”.
- A high-level delegation of US executives will travel to China this week to meet Chinese officials, in a visit organised by the US-China Business Council, according to Reuters sources; US government was not involved in organisation of visit.
- US-China trade talks to start Monday “afternoon” local time in Sweden, according to Reuters sources.
OTHER
- South Korean Finance Minister Koo Yun-cheol will hold high-level trade talks with his US counterpart in Washington later this week on Thursday local time, according to Yonhap
EUROPEAN TRADE
EQUITIES
- European bourses (STOXX 600 +0.7%) opened entirely in the green, benefiting from the EU-US trade agreement. As the morning progressed, indices waned off best levels, but still remain in the green. Nothing behind the slight pressure, but likely some profit-taking ahead of this week’s key risk events, which include US PCE, NFP and a slew of earnings.
- European sectors hold a strong positive bias. Healthcare has been buoyed by the EU-US trade deal, where the EU secured a 15% rate for a vast majority of EU exports including cars, semiconductors and pharmaceuticals. Autos were initially strengthened by the announcement, but now trade mixed as traders digest the financial implications of the tariff – Germany’s VDMA said that the “trade deal will cost German auto firms billions every year”. Media is found at the foot of the pile, joined by Basic Resources.
- US equity futures (ES +0.3% NQ +0.5% RTY +0.6%) are entirely in the green, with some marginal outperformance in the RTY after the EU and US secured a trade deal – though as with European indices, US futures have been moving lower ahead of the week’s risk events, while today’s docket is headlined by supply-related events.
- Samsung (005930 SK) will produce Tesla’s (TSLA) next-gen AI6 chips under a USD 16.5bln deal running through 2033. The chips will be made at Samsung’s new Taylor, Texas plant. The agreement marks a major win for Samsung’s foundry division, which has lagged rivals in recent years.
- The average selling price of AMD’s (AMD) new MI350 AI chip has reportedly increased to USD 25k (prev. estimated at USD 15k), via Newsis citing sources.
- Click for the sessions European pre-market equity newsflow
- Click for the additional news
- Click for a detailed summary
FX
- The USD picked up strength in early European trade after a steady APAC session. There was no headline coinciding with the move at the time but appeared to be more a case of Europe reacting to the EU-US trade agreement. The EU-US agreement removes another area of uncertainty for the market and could also be followed by some positive mood music between the US and China with both sides set to meet in Stockholm this afternoon. Reporting ahead of the meeting suggests a potential 90-day extension of the current 90-day truce. DXY has made its way back onto a 98 handle with a current session high at 98.06. Next upside target comes via the 50DMA at 98.30.
- The obvious focus for the Eurozone at the start of the week has been on the trade front following the EU-US trade agreement. The deal will see EU goods subject to a 15% tariff (including autos, semiconductors, pharma), 0% tariff on aircraft parts (for now), make USD 750bln in energy purchases from the US and USD 600bln in US investments. The deal is broadly as expected given the reporting last week and is not “as bad as feared” given the 30% tariff rate, which was looming over negotiations. However, EUR has been unable to capitalise on the removal of uncertainty and is softer vs. the USD and EUR. Part of this may be a “buy the rumour, sell the fact” trade and also the view that, whilst the worst case has been avoided, it is still a sub-optimal trade arrangement for the EU. It is also worth noting that at this stage, it is just an agreement and still subject to formal ratification by both sides.
- JPY is also suffering at the hands of the firmer USD with USD/JPY back above the 148 mark. Sentiment in Japan remains suppressed by political headwinds with Japan’s ruling LDP said to have collected enough signatures on Friday to call a general meeting that will hold PM Ishiba accountable for the party’s recent crushing election loss. Participants are also bracing for this week’s BoJ policy announcement, which is expected to see policy settings left unchanged. As it stands, markets price around 19bps of tightening by year-end. USD/JPY has ventured as high as 148.34 with the next upside target coming via the 21st July high at 148.66.
- GBP is softer vs. the USD but to a lesser extent than peers with the pound benefiting from cross-related selling in EUR/GBP. Macro drivers for the UK are light aside from UK PM Starmer being set to meet US President Trump for wide-ranging talks in Scotland; expected to discuss progress on implementing the UK-US trade deal. The data slate is a light one for the UK this week. Cable is just about holding above the 1.34 mark with a session low at 1.3407. EUR/GBP is eyeing a test of 0.87 to the downside with a current session low at 0.8705.
- Antipodeans are the G10 underperformers, after initially being buoyed by the risk tone. Though as sentiment slowly waned across markets, the Aussie and Kiwi also lost their allure, to currently trade just off session lows.
- PBoC set USD/CNY mid-point at 7.1467 vs exp. 7.1653 (Prev. 7.1419).
- Click for a detailed summary
- Click for NY OpEx Details
FIXED INCOME
- USTs/Bunds began lower, in-fitting with the positive risk tone, held in the red but off lows in contained overnight trade. JGB’s on the other hand were bid alongside a deterioration in risk sentiment in Japan amid political headwinds and ahead of the BoJ announcement later in the week.
- As for the European morning, the fixed income complex caught a bid around the European cash open. No clear fresh catalyst for the upside, but potentially in tandem with a slight deterioration in the risk tone and a paring of the hawkishness seen late last week, with the EU-US deal welcome but still a growth headwind vs the revised April baseline of 10%. USTs are currently trading flat/incrementally firmer, and towards the upper end of a 110-26 to 111-03 range. No Tier 1 data releases today, so more focus on the US-China meeting in Sweden, US supply (2yr & 5yr note due) and then Treasury Financing Estimates thereafter before Wednesday’s refunding. Morgan Stanley does not expect the Treasury to increase coupon sizes at all this year, and have pushed out their call for the next coupon increase to February 2027 (prev. May 2026).
- For Bunds, they caught a bid around the European cash open and have continued to climb, currently at session highs in a 129.12-74 range. Further upside could see a potential test of its 50% fib retracement of last week’s move at 129.80, and then the round 130.00 mark. On the firmer fixed environment and associated lower yield action, Rabobank makes the point that diminished trade uncertainty is potentially causing a moderation in term premia.
- Gilts are also higher to a similar degree as Bunds, and ultimately following peers. UK paper currently trades towards the upper end of a 91.57-85 range. More focus has been on the EU, but reports recently have suggested that UK PM Starmer is to convene with US President Trump at his Turnberry golf resort in Scotland. Starmer is reportedly to bring up steel tariffs with Trump, but the US President said on Sunday that the trade deal with Britian is “concluded”.
- Click for a detailed summary
COMMODITIES
- WTI and Brent are modestly higher in what has been a choppy session so far, currently higher by around USD 0.50/bbl. Earlier upside was driven by the broader risk tone, but as that deteriorated a touch (in equities), the complex also waned off best levels. Nothing energy-specific of note for the complex today, so attention now turns to developments in Sweden, where US-China are to discuss trade. For energy specifically, the OPEC+ JMMC are set to convene, but are unlikely to make any alterations to the group’s output plans. Brent Oct’25 currently trades in a USD 68.35-69.11/bbl range.
- Spot gold initially gapped lower at the open, as the yellow-metal digested the latest EU-US trade deal, which boosted sentiment. However, overnight trade saw the prices entirely pare that downside, to currently trade around the unchanged mark.
- Base metals are mixed/marginally firmer, failing to benefit from the on the early trade-related euphoria heading to a slew of risk events this week. 3M LME copper currently incrementally higher and trades in a USD 9,779.05-9,820.4/t range.
- Iran’s Foreign Ministry spokesman says IAEA visit is to take place within two weeks.
- Click for a detailed summary
NOTABLE EUROPEAN HEADLINES
- ECB’s Cipollone said the economy is sending conflicting signals and needs to see how trade will affect prices.
- Germany is reportedly to avoid EU punishment for breaching budget rules, according to FT,
- Several were killed in a train crash in Germany near the town of Biberach, close to the border with France.
- S&P affirmed Luxembourg at AAA; Outlook Stable, while Fitch lowered Finland’s sovereign rating from AA+ to AA; Outlook Revised to Negative from Stable.
- ECB’s Kazimir says “I do not see any significant change that would force my hand to act in September; it would take something like clear signs of unravelling the labour market for me to act” “Sees no looming spectre of inflation undershoot and risks are not tilted to the downside”. US-EU trade deal reduces uncertainty but unclear how it impact inflation.
NOTABLE US HEADLINES
- NASA spokesperson said about 20% of the workforce is set to depart the agency as part of an overall effort to become streamlined and more efficient amid concerns about mission safety.
- IAM District 837 members in St. Louis voted to reject the Boeing (BA) defence contract, while the Co. said it was disappointed that employees voted down the richest contract offer it’s ever presented to IAM 837 and stated that no talks are scheduled with the union.
- US Lawmakers said to be quickly souring on the OBBB’s tax hike on gamblers, according to Punchbowl.
GEOPOLITICS
MIDDLE EAST
- Israel’s military announced a pause of military activity in designated areas in Gaza where it is not operating until further notice, with the pause in fighting to be daily in three areas of Gaza.
- Two Jordanian air force planes and one Emirati plane dropped a total of 25 tonnes of aid in Gaza in the first air drop in months, according to a Jordanian official source. Furthermore, the World Food Programme said it hopes Israeli humanitarian pauses will allow for a surge in urgently needed food for Gaza and it has enough food in or on its way to the region to feed the entire Gaza population for almost three months.
- US President Trump said he doesn’t know what is going to happen regarding Gaza and Israel is going to have to make a decision, while he added we will see what happens and the US is going to do more aid.
- Hamas’s exiled chief Khalil al-Hayya said ceasefire negotiations with Israel are meaningless under a continued blockade and starvation, while he added the immediate and dignified delivery of food and medicine to our people is the only serious and genuine indication of whether continuing the negotiations is worthwhile.
- Yemen’s Houthis said they will target ships that belong to companies which deal with Israeli ports, regardless of their nationality and ships will be attacked regardless of their destination if shipping companies don’t heed their call.
- Houthis say that, as part of the “4th phase” of action, they will be targeting “any ship coming from Israeli ports, regardless of nationality.”, via journalist Berman.
RUSSIA-UKRAINE
- Kremlin spokesperson said Russia prefers political and diplomatic means to resolve the conflict in Ukraine, although Kyiv and the West rejected that path.
- Poland scrambled aircraft to ensure airspace security after Russia launched a missile attack on Ukraine, according to the Polish armed forces.
- European Commission President von der Leyen said following a conversation with Ukrainian President Zelensky that the EU will continue to support Ukraine on its European path.
- An Emergency Alert has been declared this morning throughout the Lithuanian capital of Vilnius, after an unknown drone, believed to likely be Russian, crossed into the country from Belarus, according to OSINTdefender.
OTHER
- Thailand’s military noted clashes continue in several areas on the border with Cambodia, while it was separately reported that Thailand’s acting PM agreed in principle to have a ceasefire but wants to see a sincere intention from Cambodia and wants bilateral dialogue as soon as possible.
- Malaysia’s Foreign Minister said that Cambodia’s PM and Thailand’s acting PM will visit Malaysia on Monday to discuss the conflict, while a Thai Foreign Ministry spokesperson confirmed there will be a meeting on Monday.
- US President Trump spoke with the leaders of Cambodia and Thailand, while he stated that both are looking for an immediate ceasefire and peace, as well as stated that they are looking to get back to the trading table with the US.
- US Secretary of State Rubio spoke with the leaders of Cambodia and Thailand and urged both sides to deescalate tensions immediately and agree to a ceasefire, while he said the US is prepared to facilitate talks.
- North Korea said it has no interest in any new policy of South Korea and will not sit down for dialogue, while it rejects conciliatory overtures by South Korea and said North Korea and South Korea have moved irreversibly past the concept of one nation.
- South Korea Presidential Office said it is to continue to take actions needed for peace after North Korea’s rejection of peace overtures, while the South Korea Unification Ministry said North Korea’s reaction is an indication of the challenge in inter-Korea ties.
CRYPTO
- Bitcoin is a little firmer today and trades just shy of USD 119k, whilst Ethereum outperforms a touch and sits just beneath USD 3.9k.
APAC TRADE
- APAC stocks were ultimately mixed despite early tailwinds following the announcement of the US-EU trade deal, while gains were capped ahead of a slew of risk events this week and with Japan pressured amid political uncertainty.
- ASX 200 traded higher but with upside limited amid light catalysts and ongoing global trade uncertainty, while participants digested quarterly activity updates.
- Nikkei 225 wiped out its opening gains and dipped into negative territory amid political headwinds with Japan’s ruling LDP said to have collected enough signatures on Friday to call a general meeting that will hold PM Ishiba accountable for the party’s recent crushing election loss, while participants also brace for the BoJ policy meeting this week where analysts reportedly see the BoJ providing a less gloomy view and signalling the potential for resuming rate hikes later in the year.
- Hang Seng and Shanghai Comp were mixed ahead of US-China trade talks in Sweden and with the trade truce expected to be extended for 90 days.
NOTABLE ASIA-PAC HEADLINES
- PBoC conducted CNY 400bln 1-year Medium Term Lending Facility with the rate at 2.00% for a CNY 100bln net injection.
- Chinese Premier Li said at the World AI Conference that China will help establish an international AI collaboration group and that AI should be an international public good that benefits humanity, while he stated global AI development is accelerating and AI is moving from perceiving the world to changing the world.
- China’s Agriculture Ministry announced a plan to promote the consumption of agricultural products.
- Beijing issued a warning of geological disasters such as landslides for 10 of its 16 districts.
- US Commerce Secretary Lutnick said President Trump really likes TikTok, but it has to move to US ownership.
- Many called for Japanese PM Ishiba’s resignation at Japan LDP meeting, according to Kyodo.
DATA RECAP
- Chinese Industrial Profits YY (Jun) -4.3% (Prev. -9.1%); YTD YY (Jun) -1.8% (Prev. -1.1%)
2c) Asian opening report
US and EU strike deal for 15% tariffs, EU to buy USD 750bln energy, make USD 600bln investments – Newsquawk Europe Market Open
Monday, Jul 28, 2025 – 01:14 AM
- EU and US agreed on a trade deal with 15% tariffs; EU to buy USD 750bln in US energy, and make USD 600bln in investments.
- EC President von der Leyen later confirmed the 15% rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals; 50% tariff on steel and aluminium remains.
- US and China are expected to extend the trade truce by 90 days, according to SCMP.
- APAC stocks are mixed with Japan lagging due to political uncertainty, US futures are higher (ES +0.5%), Europe set to open firmer (Eurostoxx 50 future +1%).
- DXY is steady with FX markets broadly contained, EUR/USD remains on a 1.17 handle, USD/JPY failed to hold above the 148 mark.
- Looking ahead, highlights include Dallas Fed Manufacturing Business Index, Treasury Financing Estimates, OPEC+ JMMC, US and China talks in Stockholm, supply from the US.
SNAPSHOT
Newsquawk in 3 steps:
1. Subscribe to the free premarket movers reports
2. Listen to this report in the market open podcast (available on Apple and Spotify)
3. Trial Newsquawk’s premium real-time audio news squawk box for 7 days
US TRADE
EQUITIES
- US stocks saw gains on Friday amid trade optimism ahead of a key risk week. Sectors were predominantly firmer with outperformance seen in Materials, Industrials and Consumer Discretionary, while Energy, Communication, and Real Estate lagged. The outperformance in Materials was largely due to a solid earnings report from Newmont (NEM), while weakness in Communication was due to the large downside in Charter (CHTR) post-earnings.
- SPX +0.40% at 6,389, NDX +0.23% at 23,272, DJI +0.47% at 44,902, RUT +0.40% at 2,261.
- Click here for a detailed summary.
TARIFFS/TRADE
- US President Trump announced a deal with the EU involving a 15% tariff and stated the EU will buy USD 750bln in US energy and is opening up all countries, while he added the EU will purchase US military equipment and will make USD 600bln in US investments. Trump added that the deal is the biggest ever made and will be great for cars, as well as noted that agriculture is also to have a big impact. Furthermore, Trump said they are looking at deals with three to four other countries and countries will probably receive a letter of clarification or confirmation this week.
- European Commission President von der Leyen confirmed there will be 15% tariffs across the board and said the trade deal creates certainty and stability for businesses on both sides of the Atlantic. Von der Leyen said the deal reaffirms the transatlantic partnership and the 15% tariff rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals, while she added that they agreed on zero-for-zero tariffs on certain agricultural products and on strategic products such as aircraft component parts and certain chemicals. Furthermore, she commented that tariffs will be cut and a quota system in place for steel, while there will be major purchases of US LNG and details on the trade deal framework will happen over the next few weeks.
- US senior administration official said the EU agreed to open markets to all but a few products, while President Trump suggested the EU buy USD 1tln of US energy during his term, but the EU settled at USD 750bln and agreed to 15% tariffs on autos, semiconductors and pharmaceuticals. The admin official stated that EU leaders accepted that US would stick to 50% tariffs on steel and aluminium and the EU wants to continue discussing steel and aluminium tariffs. The official stated that President Trump has the ability to change tariffs back if countries don’t live up to their commitments and the EU lowered tariffs on many products in the agriculture sector, but not all. Furthermore, the aircraft investigation is still in progress in which the tariff will be zero for now and it is likely that aircraft won’t face tariffs, but must wait for the probe to end, while the spirits issue is still to be decided and the US did not include it due to large EU agricultural surpluses.
- USTR Greer and Commerce Secretary Lutnick travelled to Scotland for the EU trade talks, while Lutnick stated the US will release the results of the Section 232 regarding chip imports in two weeks and separately commented that there are no more extensions to the August 1st deadline for tariffs.
- German Chancellor Merz said it is good that the EU and US reached a deal on tariffs and the deal avoids a conflict that would have hit the German economy, particularly in the autos sector, while Merz added that they protected their core interests even if he would have liked to see further facilitation of transatlantic trade.
- French European affairs minister said the trade deal between the EU Commission and the US will bring temporary stability, but it’s still an unbalanced deal, while the minister added that the deal has merits of exempting certain key French sectors such as aeronautics, spirits and medicines.
- Dutch PM Schoof said the EU-US agreement is vital for an open economy like theirs, while he added that it is important to work out the details of the framework trade deal as quickly as possible.
- US President Trump is said to freeze export controls in order to secure a trade deal with China, according to FT. It was separately reported that US and China are expected to extend the trade truce by 90 days, according to SCMP.
- South Korea’s Finance Minister and Foreign Minister will meet with US counterparts this week, while South Korea is preparing a trade package and is drawing a mutually agreeable plan including a shipbuilding partnership. It was separately reported that South Korea suggested tens of billions of dollars worth of shipbuilding projects to the US in trade talks, according to Yonhap.
- UK government said PM Starmer is to meet US President Trump for wide-ranging talks in Scotland and they are expected to discuss progress on implementing the UK-US trade deal, hopes for a ceasefire in the Middle East, and applying pressure on Russia’s Putin to end the war in Ukraine.
NOTABLE HEADLINES
- NASA spokesperson said about 20% of the workforce is set to depart the agency as part of an overall effort to become streamlined and more efficient amid concerns about mission safety.
- IAM District 837 members in St. Louis voted to reject the Boeing (BA) defence contract, while the Co. said it was disappointed that employees voted down the richest contract offer it’s ever presented to IAM 837 and stated that no talks are scheduled with the union.
APAC TRADE
EQUITIES
- APAC stocks were ultimately mixed despite early tailwinds following the announcement of the US-EU trade deal, while gains were capped ahead of a slew of risk events this week and with Japan pressured amid political uncertainty.
- ASX 200 traded higher but with upside limited amid light catalysts and ongoing global trade uncertainty, while participants digested quarterly activity updates.
- Nikkei 225 wiped out its opening gains and dipped into negative territory amid political headwinds with Japan’s ruling LDP said to have collected enough signatures on Friday to call a general meeting that will hold PM Ishiba accountable for the party’s recent crushing election loss, while participants also brace for the BoJ policy meeting this week where analysts reportedly see the BoJ providing a less gloomy view and signalling the potential for resuming rate hikes later in the year.
- Hang Seng and Shanghai Comp were mixed ahead of US-China trade talks in Sweden and with the trade truce expected to be extended for 90 days.
- US equity futures (ES 0.5%, NQ +0.6%) were underpinned as participants reacted to the US-EU trade agreement but with further upside capped ahead of a slew of risk events this week.
- European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 1.0% after the cash market closed with losses of 0.1% on Friday.
FX
- DXY was little changed despite the announcement of the US-EU tariff deal which reduces trade uncertainty, although many other countries are still facing the August 1st tariff deadline with President Trump noting they are looking at deals with three to four other countries and that countries will probably receive a letter of clarification or confirmation this week. Furthermore, the US is set to conduct two-day talks with China beginning today, while attention will also be on the FOMC mid-week and the NFP report on Friday.
- EUR/USD eked marginal gains following the announcement of the US-EU trade agreement with tariffs set at 15% and involves EU purchasing USD 750bln of US energy and investment of USD 600bln into the US. This initially lifted the single currency as the deal ensured that the bloc averts a higher tariff hit, although momentum petered out shortly after as participants contemplated the ramifications of the shifting trade dynamics.
- GBP/USD remained lacklustre after retreating late last week and amid quiet weekend newsflow from the UK, where PM Starmer is preparing to meet with US President Trump on Monday for wide-ranging talks including discussions on the progress of implementing the US-UK trade deal.
- USD/JPY kept afloat with early upside capped by resistance at the 148.00 level and as risk sentiment in Japan soured.
- Antipodeans were uneventful owing to an extremely quiet calendar and the ultimately mixed risk appetite.
- PBoC set USD/CNY mid-point at 7.1467 vs exp. 7.1653 (Prev. 7.1419).
FIXED INCOME
- 10yr UST futures lacked demand following the recent US-EU trade agreement and with participants bracing for upcoming risk events including the FOMC meeting mid-week.
- Bund futures remained lacklustre after last week’s slide and with German Chancellor Merz noting that the EU-US deal avoids a conflict that would have hit the German economy, particularly in the autos sector, while he added that they protected their core interests even if he would have liked to see further facilitation of transatlantic trade.
- 10yr JGB futures advanced alongside a deterioration in risk sentiment in Japan amid political headwinds and ahead of the BoJ announcement later in the week.
COMMODITIES
- Crude futures oil prices attempted to nurse some of Friday’s losses but with the rebound limited amid quiet energy-specific catalysts from over the weekend and with the OPEC+ JMMC unlikely to make any alterations to the group’s output plans at their meeting later today.
- Spot gold initially slumped as havens were pressured following the US-EU trade deal, but then gradually recouped its losses.
- Copper futures returned to flat territory as markets failed to meaningfully follow through on the early trade-related euphoria heading to a slew of risk events this week.
CRYPTO
- Bitcoin traded indecisively and swung between gains and losses above the USD 119,000 level.
NOTABLE ASIA-PAC HEADLINES
- PBoC conducted CNY 400bln 1-year Medium Term Lending Facility with the rate at 2.00% for a CNY 100bln net injection.
- Chinese Premier Li said at the World AI Conference that China will help establish an international AI collaboration group and that AI should be an international public good that benefits humanity, while he stated global AI development is accelerating and AI is moving from perceiving the world to changing the world.
- China’s Agriculture Ministry announced a plan to promote the consumption of agricultural products.
- Beijing issued a warning of geological disasters such as landslides for 10 of its 16 districts.
- US Commerce Secretary Lutnick said President Trump really likes TikTok, but it has to move to US ownership.
DATA RECAP
- Chinese Industrial Profits YY (Jun) -4.3% (Prev. -9.1%)
- Chinese Industrial Profits YTD YY (Jun) -1.8% (Prev. -1.1%)
GEOPOLITICS
MIDDLE EAST
- Israel’s military announced a pause of military activity in designated areas in Gaza where it is not operating until further notice, with the pause in fighting to be daily in three areas of Gaza.
- Two Jordanian air force planes and one Emirati plane dropped a total of 25 tonnes of aid in Gaza in the first air drop in months, according to a Jordanian official source. Furthermore, the World Food Programme said it hopes Israeli humanitarian pauses will allow for a surge in urgently needed food for Gaza and it has enough food in or on its way to the region to feed the entire Gaza population for almost three months.
- US President Trump said he doesn’t know what is going to happen regarding Gaza and Israel is going to have to make a decision, while he added we will see what happens and the US is going to do more aid.
- Hamas’s exiled chief Khalil al-Hayya said ceasefire negotiations with Israel are meaningless under a continued blockade and starvation, while he added the immediate and dignified delivery of food and medicine to our people is the only serious and genuine indication of whether continuing the negotiations is worthwhile.
- Yemen’s Houthis said they will target ships that belong to companies which deal with Israeli ports, regardless of their nationality and ships will be attacked regardless of their destination if shipping companies don’t heed their call.
RUSSIA-UKRAINE
- Kremlin spokesperson said Russia prefers political and diplomatic means to resolve the conflict in Ukraine, although Kyiv and the West rejected that path.
- Poland scrambled aircraft to ensure airspace security after Russia launched a missile attack on Ukraine, according to the Polish armed forces.
- European Commission President von der Leyen said following a conversation with Ukrainian President Zelensky that the EU will continue to support Ukraine on its European path.
OTHER
- Thailand’s military noted clashes continue in several areas on the border with Cambodia, while it was separately reported that Thailand’s acting PM agreed in principle to have a ceasefire but wants to see a sincere intention from Cambodia and wants bilateral dialogue as soon as possible.
- Malaysia’s Foreign Minister said that Cambodia’s PM and Thailand’s acting PM will visit Malaysia on Monday to discuss the conflict, while a Thai Foreign Ministry spokesperson confirmed there will be a meeting on Monday.
- US President Trump spoke with the leaders of Cambodia and Thailand, while he stated that both are looking for an immediate ceasefire and peace, as well as stated that they are looking to get back to the trading table with the US.
- US Secretary of State Rubio spoke with the leaders of Cambodia and Thailand and urged both sides to deescalate tensions immediately and agree to a ceasefire, while he said the US is prepared to facilitate talks.
- North Korea said it has no interest in any new policy of South Korea and will not sit down for dialogue, while it rejects conciliatory overtures by South Korea and said North Korea and South Korea have moved irreversibly past the concept of one nation.
- South Korea Presidential Office said it is to continue to take actions needed for peace after North Korea’s rejection of peace overtures, while the South Korea Unification Ministry said North Korea’s reaction is an indication of the challenge in inter-Korea ties.
EU/UK
NOTABLE HEADLINES
- ECB’s Cipollone said the economy is sending conflicting signals and needs to see how trade will affect prices.
- Germany is reportedly to avoid EU punishment for breaching budget rules, according to FT,
- Several were killed in a train crash in Germany near the town of Biberach, close to the border with France.
- S&P affirmed Luxembourg at AAA; Outlook Stable, while Fitch lowered Finland’s sovereign rating from AA+ to AA; Outlook Revised to Negative from Stable.
3 .ASIA
3A NORTH KOREA/SOUTH KOREA
3B JAPAN/
3C CHINA
CHINA/USA
4/ European affairs
EU
THIS IS A GIVEN!!
Euro Plunges On Fears US-EU Deal Will Hammer European Economy
Monday, Jul 28, 2025 – 03:20 PM
The announcement of a US-EU trade deal was supposed to send the euro soaring; instead the common currency suffered its steepest one-day drop against the dollar since May as Germany and France voiced fears that the long-awaited EU-US trade deal would hurt the European economy.
The euro was down more than 1% against the dollar and weakened by 0.8 per cent against the pound, following the announcement on Sunday that the US would impose 15% tariffs on most imports from the EU.
The agreement, hailed by European Commission president Ursula von der Leyen as “the biggest trade deal ever” and covering nearly 44% of global GDP, averted a possible transatlantic trade war. But as reported earlier, German Chancellor Friedrich Merz said on Monday that the tariffs would cause “considerable damage” to his country’s economy, Europe and the US itself.
“Not only will there be a higher inflation rate, but it will also affect transatlantic trade overall,” he said. “This result cannot satisfy us. But it was the best result achievable in a given situation.”
French Prime Minister François Bayrou was even more dramatic, and said the trade deal marked a “dark day”, adding that the EU had “resigned itself into submission”.
European stocks relinquished earlier gains as the initial relief that a deal had been struck was replaced by concern over its impact on the Eurozone economy.
Germany’s Dax closed 1.1% lower while France’s Cac 40 gave up 0.4%. Tariff-exposed car industry stocks on the region-wide Stoxx Europe 600 fell 1.8 per cent, having risen by a similar amount at the opening of trade on Monday.
That said, the euro still has a long way to fall: the currency remains 12% higher against the dollar for the year, boosted by Germany’s defence spending plans as well as broader investor hopes that President Donald Trump’s America First policies will encourage a wave of economic stimulus in the Eurozone.
Sunday’s deal secured a lower tariff rate for the EU than the 30% that the US president had threatened to impose from August 1.
But the duties still mark a threefold increase from the average tariffs imposed on the bloc by the US before Trump’s “liberation day” announcements in April. The industry body for EU steel producers said a 15% American tariff on most imports from the bloc would add a “huge burden” on its members.
Meanwhile on the other side of the Atlantic, the US Chamber of Commerce welcomed the deal, saying that it “provides relief” to businesses. But it added that the 15% tariff rate “still marks a significant increase in the cost of trading” and that more sectors should be included in the agreement’s zero-for-zero tariff list.
The White House said the deal “achieves historic structural reforms and strategic commitments that will benefit American industry, workers, and national security for generations”.
As Europe’s leaders reacted to the agreement, Spain’s socialist Prime Minister Pedro Sánchez said he supported it “but without any enthusiasm”.
Conservative parties in France and Germany were more vocal, and argued that the deal exposed the weakness of the bloc. Alice Weidel, co-leader of Germany’s Alternative for Germany party, posted on X that it was “not an agreement, but a slap in the face to European consumers and producers!
Elsewhere, speaking in Scotland on Monday, Trump said he planned to set a tariff rate of up to 20 per cent “for essentially the rest of the world”, referring to countries that do not strike specific trade agreements with the US. He added that he planned to announce pharmaceutical tariffs “in the near future”.
UK
Huge influx of migrants has causes Britain to face complete societal collapse\Nigel Farage
(Watson)
Farage: Britain Is Facing Complete “Societal Collapse”
Saturday, Jul 26, 2025 – 10:30 AM
Authored by Steve Watson via Modernity.news,
Reform UK leader Nigel Farage has warned that unless change is instituted rapidly, Britain will soon succumb to complete societal collapse.
“We live increasingly in a lawless Britain… most people think that Britain has become lawless”, Farage remarked Monday at a press conference to launch a new law and order policy platform.
“We’re actually facing, in many parts of our country, nothing short of societal collapse,” Farage warned, adding “People are scared to go out to the shops, scared to let their kids out. That is a society that is degraded, and it’s happening very, very rapidly.”
Farage further suggested that Britain should leave the European Court of Human Rights in order to restore effective criminal deterrence.
Farage maintains that the ECHR undermines the country’s ability to deport foreign criminals, terrorists, and illegal migrants, thereby weakening criminal deterrence.
He contends that exiting the system would remove legal barriers imposed by foreign judges, and allow the UK to swiftly remove dangerous individuals, free up prison space, reduce taxpayer burdens, and send a strong message that crime by non-citizens will result in certain expulsion.
This, in his view, would restore effective deterrence by ensuring consequences are enforced without interference, discouraging both criminal activity and illegal immigration.
Among a range of policies he outlined to avoid a descent into societal collapse, Farage suggested outsourcing hardened criminals to foreign jails and a hard-line three-strikes and you’re out rule, meaning after three convictions there would be no more rehabilitation for offenders.
He noted that one of the most egregious aspects of the collapse is that the government is obsessed with drilling it into the British people that everything is getting better when citizens can see the rampant degradation all around them.
“Huge numbers of law-abiding, taxpaying Britons have also lost respect for the police but in a different way. The idea, the concept that we’re living in a system of two-tier policing and two-tier justice under two-tier Keir has really taken hold,” Farage urged.
Farage noted that crimes such as shoplifting and drug taking have been allowed to become a part of everyday life in cities, and that one in three Londoners have now been victims of mobile phone theft.
He vowed that his party will work to halve crime in five years if elected to parliament by becoming “the toughest party on law and order and on crime that this country has ever seen”, and instituting “zero tolerance policing.”
Farage also floated the idea of Army run centres for repeat petty criminals to be held in and made to undergo a program of reform.
He pointed to Rudy Giuliani’s tenure as Mayor of New York City as an example of how to restore law and order in a broken down society.
“We are borrowing from the Giuliani playbook, unashamedly, I think what Rudy Giuliani did to New York in the 1990s was nothing short of a blooming miracle,” Farage stated.
He added, “And as someone who spent over 20 years working for American companies, I was a regular transatlantic commuter, and I saw what one inspired, brave leader with a New York Police Department that wanted to work with him… I saw what could happen, what the potential was. I believe London needs a Giuliani, not a Sadiq Khan.”
Farage’s full comments are below:
Farage’s comments come after accusations from major retailers that police have effectively stopped treating shoplifting as crime.
They will however, thoroughly investigate spicy social media posts that leftists find offensive.
As we’ve recently highlighted, inner cities in Britain have descended into complete lawless hellholes.
It’s so bad even normies are noticing the steep decline into the abyss.
* * *
Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.
END
EU/USA
Trump and EU reach a tariff deal
(zerohedge)
Trump, EU Reach Tariff Deal To Avoid Trade War
Monday, Jul 28, 2025 – 05:25 AM
President Trump said he reached a trade deal with the European Union late on Sunday, avoiding a trade war with the US’s largest trading partner and marking his biggest deal so far in his attempt to remake the global trading system through higher tariffs for U.S. trading partners.
The pact comes less than a week before a Friday deadline for President Donald Trump’s higher tariffs to take effect on August 1. The president in May threatened to impose a 50% duty on nearly all EU goods, adding pressure that accelerated negotiations, before lowering that to 30%.
Trump made the announcement at Trump Turnberry, his seaside golf resort in western Scotland, after meeting with European Commission President Ursula von der Leyen, who leads the EU’s executive body.
Trump said the U.S. would set a baseline tariff of 15% for European goods, including automobiles. He said steel and aluminum tariffs, which are currently at 50%, would remain unchanged. He added that the EU had agreed as part of the deal to buy $750 billion worth of energy products from the US, and the EU would agree to invest $600 billion more than previously in the US, although similar to the $550BN “investment” promised by Japan, this is unlikely to every materialize.
Adding to the list of ludicrously big numbers disclosed (or as the case may be undisclosed) today, Trump also said that the EU would buy “a vast amount” of military equipment, and while he explained that “we don’t know what number is” but added that the US makes “the best military equipment in the world so you have to do that.”
To summarize, the US has agreed:
- To purchase $750 billion in energy
- Invest $600 billion in the US on top of existing investments
- Open up countries’ markets to trade with US at zero tariffs
- Purchase “vast amounts” of military equipment
Officials report that both pharma and autos will be hit at 15% (Trump implied that’s not the case so there appears to be some continued friction and/or negotiations), while von der Leyen says there will be zero-for-zero tariffs on aircraft components and some chemicals. To get the tariff down from the 30% that had been threatened, the EU has agreed to buy a total $750 bn of US energy and increase its investment into the US by $600 bn. Note that it was Trump’s stance prior to the Liberation Day that the EU could get a deal by buying US energy. The EU will also purchase US military/defence equipment, as well as US LNG.
“I think it’s going to be great for both parties, I think your various countries are very happy about this,” Trump said, sitting alongside von der Leyen. The two met for about an hour with their top representatives.
“We made it,” von der Leyen said. She said the two sides wanted to rebalance their trade relationship, “and we wanted to do it in a way that trade goes on between the two of us across the Atlantic.”
Currently, the EU faces a 10% baseline tariff on most of its goods exports to the U.S., as well as a 25% tariff on its auto industry and a 50% tariff for steel and aluminum.
“I think that basically concludes the deal,” Trump told reporters at his golf club in Turnberry, Scotland. “It’s the biggest of all the deals.”
The terms disclosed on Sunday suggest that 15% is likely a new minimum tariff level for most American trading partners. Economists and trade analysts say that tariffs at that level will have an impact on companies’ decisions and are expected to contribute to higher prices for Americans, but won’t stop global trade flows.
“They are not at the level where the global economy burns down,” said Dmitry Grozoubinski, senior trade adviser at Aurora Macro Strategies.
The deal comes after a flurry of recent trade announcements. Trump said this past week that he had reached a deal with Japan, another top U.S. trading partner, which put baseline tariffs at 15%. Separate agreements set Vietnam’s baseline tariff level at 20% and established a 19% rate for the Philippines and Indonesia, Trump has said.
The U.K. has the lowest tariffs Trump has so far agreed to as part of a deal, at 10%. Trump also was expected to iron out final details of the U.K. agreement in meetings with British Prime Minister Keir Starmer on Sunday and Monday.
The EU pact removes a major risk for markets and the global economy, a trade war involving $1.7 trillion worth of cross-border commerce, even though it means European shipments to the US are getting hit with a higher tax at the border.
The goals, Trump said, were more production in the US and wider access for American exporters to the European market. Von der Leyen acknowledged that part of the drive behind the talks was a rebalancing of trade, but cast it as beneficial for both sides.
“The starting point was an imbalance,” von der Leyen said. “We wanted to rebalance the trade we made, and we wanted to do it in a way that trade goes on between the two of us across the Atlantic, because the two biggest economies should have a good trade flow.”
As Bloomberg notes, US and European negotiators had been zeroing in on an agreement this past week. Officials have discussed terms for a quota system for steel and aluminum imports, which would face a lower import tax below a certain threshold and would be charged the regular 50% rate above it. The EU had also been seeking quotas and a ceiling on future industry-specific tariffs, but it’s unclear if the initial agreement will shield the bloc from potential levies that have yet to be implemented.
The announcement capped off months of often tense shuttle diplomacy between Brussels and Washington. The EU had prepared to put levies on about €100 billion ($117 billion), about a third of American exports to the bloc, if a deal wasn’t reached and Trump followed through on his warning.
For weeks, the EU has indicated a willingness to accept an unbalanced pact involving a reduced rate of around 15%, while seeking relief on sectoral tariffs critical to the European economy. The US president has also imposed 25% levies on cars and double that rate on steel and aluminum, as well as copper.
The deal comes just days after we learned that in June the US collected a new record in tariff revenue, some $26.6 billion: a number which annualizes to an impressive $320 billion.
Several exporters in Asia, including Indonesia, the Philippines and Japan, have negotiated reciprocal rates between 15% to 20%, and the EU saw Japan’s deal for 15% on autos as a breakthrough worth seeking as well. Washington’s talks also continue with Switzerland, South Korea and Taiwan.
END
a good article!
Market ear
Europe Is at Risk of Sliding Into Economic Irrelevance
Monday, Jul 28, 2025 – 9:51
“I’m embarrassed to be European today”
Trump calls this “the biggest deal ever reached.” Deutsche Bank says that the deal is a relief. FT quotes a diplomat saying that there is no hiding of the fact that EU got rolled over by the Trump juggernaut. One European CEO says that “I’m embarrassed to be European today. I can’t believe we agree to a deal like this. No deal would have been way better long term”.
Disregarding the nitty-gritty of the trade deal, there is of course no hiding of the fact that Europe is doing poorly. Let’s have a one-sided look on Europe’s weakness.
Weak growth
Morgan Stanley: “We expect weak growth in 2Q25 and 3Q25”
Source: Morgan Stanley
The levels are soft
“… we stress that the level of services PMI remains soft: it continues to be significantly lower than their historical average or where they printed in the previous years.”
Source: Morgan Stanley
Weakest in 6 quarters
51% of European companies are beating Q2 EPS estimates – this is the weakest number in 6 quarters. The same number in the US is 84%.
Source: Morgan Stanley
Awful
Consensus estimates project STOXX 600 to grow 1% y/y EPS in Q2, but to decrease by -5% when excluding financials.
Source: FactSet
Need more
ECB lending survey consistent with growth, more needed to compensate for export decline.
Source: Macrobond
Revised up
US and EZ 2025+2026 GDP growth, consensus estimate.
Source: Macrobond
ECB should cut
Stronger euro is monetary tightening; growth will slow if the ECB does not cut in response.
Source: Macrobond
A cross-Atlantic divide
Increasing divergence between US and European front-ends. Markets are pricing a substantial divergence between the US and Euro area policy paths ahead, raising questions about the sustainability of such divergence given the usually strong correlation between policy cycles.
Source: Goldman
What do Europeans do all day?
The U.S. is less than 5% of the global population (dark blue), but almost HALF of the value of the world’s economic engine (light blue = market value). EU is at risk of sliding into economic irrelevance, with its % of market worth close to falling under its population percent …
Source: Deutsche Bank
Mississippi burning
Just recently the poorest US state Mississippi used to have higher GDP per capita than the UK, France and Italy. The second-poorest, West Virginia, had higher GDP per capita than Germany and Canada.
Source: IMF
END
GERMANY
(KOLBE)
the plight of Germany’ once formidable industrial base:
(Kolbe)
Coffee And Corporatism: “Made For Germany”
Monday, Jul 28, 2025 – 05:00 AM
Submitted by Thomas Kolbe
While Chancellor Friedrich Merz is staging cheerful coffee chats with corporate leaders on his feel-good tour across Germany, the country’s economic collapse continues unabated. The pressure still doesn’t seem great enough to trigger a political turnaround.
The “spontaneous” economic summit between Merz and 61 German corporate executives was, above all, a PR stunt. The loudly publicized – and long-planned – investment pledge of €631 billion comes across as a desperate attempt to spread optimism in the midst of a crumbling economy. Substantial outcomes? None. What truly impressed – at least media insiders – was the logistical performance of the chancellery’s staff: managing to gather 61 DAX and industry CEOs at the same place, at the same time, is indeed a feat.
Jealous glances toward Washington?
Merz’s PR coffee round may well have been inspired by Donald Trump’s investment roadshows. The U.S. president acted like a statesman who understood what really matters: his foreign trips always centered around securing concrete investments for the American economy. Case in point: his recent Middle East visit. Trump travels abroad, negotiates geopolitics, and returns with trillion-dollar deals aimed at reindustrializing the U.S. – that is economic policy.
A look under the hood of the German economy paints a bleaker picture: in the past year alone, net foreign direct investment outflows totaled €64.5 billion – after €67.3 billion the year before and over €112.2 billion in 2022. A substantial portion likely flowed into the U.S., which remains the benchmark for global investment and capital.
Meanwhile, Chancellor Merz avoided most contact with economic reality during his federal state tour. Enclosed in the hermetically sealed Berlin bubble, decision-makers overlook key developments: hundreds of thousands of new unemployed since the lockdowns, stagnant productivity, and ongoing erosion of core industrial structures – all consequences of a regulatory frenzy that long ago lost all restraint.
And anyone following the press releases from Brussels and Berlin must concede that the political class has abandoned rational thinking entirely in favor of its climate obsession.
Media Management as Last Resort
The current government strategy under the Merz coalition consists mainly of two elements: plugging growing budget holes with new taxes and debt – and launching a media campaign to obscure their own failures.
Germany’s core industries, such as mechanical engineering and construction, are now in outright depression. Since 2019 – even before the lockdowns – production in these sectors has dropped by up to 15%. In the hotel and hospitality sector, real sales fell another 4% year-on-year in May. The situation is catastrophic. Households, after years of inflation, are battling collapsing purchasing power.
Symbolism Over Substance
Instead of addressing the real causes of the crisis – exploding energy costs, climate regulation, grotesque overregulation – the government opts for media smokescreens. The federal government’s tourism coordinator was proudly tasked with announcing a potential reduction in the air travel tax. A little backup for the “travel chancellor,” who seems to have developed a taste for trips and now believes he can better relate to the people. The actual savings from this tax tweak? Around €12–13 per flight. Tasteless.
Meanwhile, taxes and levies continue to rise: payroll costs, CO₂ pricing, property tax – German taxpayers foot the bill for an unhinged political class that has lost all sense of moderation in its push for a welfare-maximalist nanny state and invasive economic micromanagement.
Censorship, Sabotage, Staging
In this context, the sabotaged ARD summer interview with AfD leader Alice Weidel fits seamlessly. A bizarre spectacle, reportedly co-scripted by public broadcasters and the police, according to whistleblower claims. It marks yet another peak in the left-statist war against dissenting opinion. A surreal contrast emerges: on one side, economic and security collapse; on the other, the rainbow utopia as the multimedia endgame of the political “elite.”
To uphold this green-socialist illusion, more resources, expanded media control, and silent cooperation from state institutions are required. Even the current debate about politically influenced judicial appointments to Germany’s Federal Constitutional Court fits this pattern.
Germany is sliding into a new form of socialism. The state’s share of GDP now sits at 50%. More and more sectors are being regulated or nationalized. The energy sector is being taken over by the state. Market principles are being eliminated.
Merz’s coffee chat with CEOs may have generated photogenic PR content – and it confirms the corporatist spirit of German big business. These are the prime beneficiaries of the record-breaking debt bonanza that Merz, Klingbeil, and friends will soon dump onto the taxpayer’s shoulders.
* * *
About the author: Thomas Kolbe, a German graduate economist, has worked for over 25 years as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination.
END
UK
Footage Of Anti Illegal Immigrant Protests Is Now Being Blocked In The UK
Monday, Jul 28, 2025 – 03:30 AM
Authored by Steve Watson via Modernity.news,
X users in Britain are reporting that footage of rapidly growing anti-mass migration protests in the country is being blocked.
The development comes as the so called Online Safety Act law came into force for social media companies on Friday.
The law was passed by the previous Conservative government, just one of the many disastrous policies they embraced that led to the leftist Labour Party coming back into power with a massive majority last year.
British users of X shared screenshots of messages that popped up while they attempted to view footage from the protests, which started in Epping after a migrant sexually assaulted a teenage girl and have since spread around the country.
“Due to local laws, we are temporarily restricting access to this content until X estimates your age,” one of the messages in question reads.
The Free Speech Union remarked “Our fears appear to have been vindicated on the very first day of the Online Safety Act’s enactment.”
“If you have a standard X account in the UK – presumably the majority of British users – it appears that you may not be able to see any protest footage that contains violence. We’re aware of one censored post that shows an arrest being made,” the post added.
“We warned repeatedly about how censorious this piece of legislation would be,” it concludes.
The age checks are purported to be in place to block children from seeing pornographic content, however, they seem to have been broadened to any content deemed to be violent, or misinformative, at least on X.
Even parliamentary speeches, this one being about Pakistani rape gangs, are now blocked.
The government has threatened to fine any social media platform up to £18 million or 10 per cent of its global turnover, if it is deemed to have contravened the law.
X owner Elon Musk, while not specifically addressing the restriction of protest footage, said on Saturday that the Online Safety Act’s “purpose is suppression of the people.”
Meanwhile, close to 300,000 people at time of writing have signed an online petition calling for the repeal the Online Safety Act, surpassing the requirement for parliament to consider a motion for debate.
In response to the apparent censorship, searches for VPNs in Britain reportedly surged by over 700 per cent on Friday.
We also have this news emerging today…
The Telegraph report states:
An elite team of police officers is to monitor social media for anti-migrant sentiment amid fears of summer riots.
Detectives will be drawn from forces across the country to take part in a new investigations unit that will flag up early signs of potential civil unrest.
The division, assembled by the Home Office, will aim to “maximise social media intelligence” gathering after police forces were criticised over their response to last year’s riots.
So there’s a whole new “elite” unit monitoring spicy tweets, but criminals are just roaming free to do as they please.
Reform UK leader Nigel Farage urged last week that owing to rampant crime and the unwillingness to deal with it, the country is on the verge of societal collapse.
* * *
Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.
5. RUSSIA AND MIDDLE EASTERN AFFAIRS
ISRAEL /GAZA/HEZBOLLAH/IRAN/SUMMARY OF THE LAST 24 HRS
ISRAEL VS IRAN
Wow. they were working on an EMP. very glad they destroyed the sites
(Times of Israel)
Strikes on Iran thwarted fission and fusion nukes, and ‘electronic pulse’ bomb – report
Israeli sources tell WaPo killing of top scientists halted development of EMP device, complex nuclear fusion warhead; half of ballistic missiles, 80% of launchers were destroyed
By ToI StaffToday, 12:24 pm
Illustrative: Iranian President Masoud Pezeshkian, second left, and the Atomic Energy Organization of Iran chief Mohammad Eslami, second right, are seen during the ‘National Day of Nuclear Technology,’ in Tehran, Iran, April 9, 2025. (Iranian Presidency / AFP)
Israeli sources believe US and Israeli strikes in Iran last month hampered the Islamic Republic’s development of two types of nuclear warheads and an “electromagnetic pulse (EMP) weapon that could cripple Israel electronically,” the Washington Post reported Saturday.
According to the report, the 12-day war with Iran also destroyed roughly half of Tehran’s 3,000 ballistic missiles and 80% of its 500 missile launchers. Unnamed Israeli sources were cited as saying Tehran was planning to raise its ballistic missile stockpile to at least 8,000, meaning any further delay to the strike against Iran would have exposed Israel to much greater damage from missile strikes.
However, along with Israel’s successes, Jerusalem was dealt an “unwelcome surprise” when it discovered Iran had more solid-fuel missiles than previously expected, the report said. Such missiles are more difficult to shoot down, according to an Israeli source cited by the Post.
The damage to Iran’s nuclear and missile programs was compounded by Israel’s assassination of the first tier, second tier and most of the third tier of Iranian physicists and nuclear scientists, sources cited by the Post said. Israeli officials were cited as saying it was expected that younger Iranians would be deterred from pursuing careers in those fields as a result of the killings.
The revelations were reported in an opinion piece by Washington Post foreign affairs columnist David Ignatius.
Ignatius also writes that when US President Donald Trump declared a ceasefire, “Israel was moving into a final phase of attacks intended to topple the regime,” but does not elaborate. Hours after Trump announced the ceasefire, on June 24, he ordered Israel to recall planes that Israel had said would “forcefully strike the heart of Tehran” after a post-ceasefire Iranian missile attack, and publicly castigated Israel for ostensible ceasefire violations.
The assassinations reportedly halted Iran’s development of the EMP device. Such weapons emit powerful bursts of electromagnetic energy that can paralyze electrical networks. Development of an EMP device was said to have been promoted by Iran’s Revolutionary Guard as an alternative to nuclear arms, since atomic weapons are nominally banned under a religious decree by Iranian Supreme Leader Ali Khamenei.
Iran’s Supreme Leader Ayatollah Ali Khamenei addresses a crowd during a meeting with the head of the Iranian judiciary and other officials in Tehran, July 16, 2025. (KHAMENEI.IR / AFP)
Despite the fatwa, Israeli sources said they believe Iran was making progress on two types of nuclear warheads: a standard fission warhead, which splits atoms, and a more complex fusion warhead, which forces atoms together. According to the Post, the fusion-warhead project was halted as a result of Israel’s strikes against Iranian nuclear scientists.
A well-informed Israeli source cited in the report said “Iran is no longer a nuclear threshold state” — echoing a similar assessment by IDF Chief of Staff Lt. Gen. Eyal Zamir — and would require one to two years to build a nuclear weapon, if it could do so covertly. The source was also cited, saying Israel would likely be able to detect and destroy a potential Iranian effort to quickly build a crude nuclear device.
Israel has said its June 13 opening strike against Iran came as the Islamic Republic, which is sworn to destroy Israel, was taking steps toward nuclear weaponization. Though Iran denies seeking nuclear arms, it has amassed uranium enriched to 60% — far beyond what is needed for civilian use, and a short step away from weapons-grade.
Israeli Air Force F-15 fighter jets fly over Israel en route to carry out strikes in Iran, in a handout photo published on June 25, 2025. (Israel Defense Forces)
US and Israeli sources speaking to the Post on condition of anonymity said the White House had okayed Israel’s opening strike, but signaled that US forces would intervene only if the Israeli campaign proved successful.
Iran retaliated to the Israeli strikes with deadly ballistic missile attacks that killed 28 people, caused heavy damage in Israeli cities and displaced thousands of people.
Israeli security and rescue forces at the scene where a ballistic missile fired from Iran hit and caused damage in Rehovot, June 15, 2025. (Yossi Aloni/Flash90)
On June 24 — a day before a US-brokered ceasefire ended the Israel-Iran war — US bombers struck three key Iranian nuclear sites, including the underground facility at Fordo, which was thought to be penetrable only with US “bunker-buster” bombs.
While US President Donald Trump has said the attack set Iran’s nuclear program back “decades,” Western intelligence has indicated the damage was more limited and that Iran was may have been able to relocate its stockpile of highly enriched uranium ahead of the US and Israeli strikes.
end
ISRAEL VS IRAN
Trump warns US could bomb Iran nuclear sites again if they restart
Trump issued the threat as he held talks with British Prime Minister Keir Starmer at his Turnberry golf resort on the western coast of Scotland.
US President Donald Trump gestures before he boards Marine One, to travel to Trump International Golf Links Aberdeen, in Lossiemouth, Scotland, Britain, July 28, 2025.(photo credit: REUTERS/EVELYN HOCKSTEIN)ByREUTERSJULY 28, 2025 21:07
US President Donald Trump warned on Monday that he would order fresh US attacks on Iran’s nuclear facilities should Tehran try to restart facilities that the United States bombed last month.
Trump issued the threat as he held talks with British Prime Minister Keir Starmer at his Turnberry golf resort on the western coast of Scotland.
Iran, which denies seeking to develop a nuclear weapon, has insisted it will not give up domestic uranium enrichment despite the bombings of three nuclear sites.
JPost Videos
Trump told reporters Iran has been sending out “nasty signals” and any effort to restart its nuclear program would be immediately quashed.
“We wiped out their nuclear possibilities. They can start again. If they do, we’ll wipe it out faster than you can wave your finger at it,” Trump said.
Tehran’s warning to the US
Iranian Foreign Minister Abbas Araghchi said on Monday that Tehran is fully aware of the impact of what he called the American-Israeli aggression on both sides and warned that any repeat of such actions would prompt a decisive response.
“If aggression is repeated, we will not hesitate to react in a more decisive manner and in a way that will be IMPOSSIBLE to cover up,” Araghchi posted on X, without providing further specifics.
The US launched strikes last month on Iranian nuclear facilities that Washington says were part of a program geared towards developing nuclear weapons. Tehran maintains that its nuclear program is for purely civilian purposes.
ISRAEL VS HAMAS/RESISTANCE
Gaza militia (anti Hamas) gaining strength
(JerusalemPost)
Yasser Abu Shabab claims Gaza militia captured territory from Hamas now untouched by war – WSJ
Yasser Abu Shabab said Hamas should trade the remaining hostages as a way to safely leave Gaza to Qatar as they weren’t wanted in the Palestinian enclave.
Gaza militia leader Yasser Abu Shabab with the backdrop of the Gaza Strip.(photo credit: SECTION 27A COPYRIGHT ACT, Reuters/Ronen Zvulun, Ebrahim Hajjaj/File Photo)ByJERUSALEM POST STAFFJULY 26, 2025 03:57
Yasser Abu Shabab, the leader of Popular Forces, a militia group in Gaza, claimed to have “secured” several kilometers of land in the Strip and is now governing that space, in an opinion article published by the Wall Street Journal on Thursday.
The Popular Forces reportedly took over land belonging to the Tarabin Bedouin tribe, of which Shabab is a member, he wrote while asserting that the militia’s “primary goal is to separate Palestinians who have nothing to do with Hamas from the fire of war.”
Shabab claimed that “the war is already over” for those living in the territory in eastern Rafah.
“For the past seven weeks, our neighborhood has become the only area in Gaza governed by a Palestinian administration not affiliated with Hamas since 2007,” he claimed. “Our armed patrols have successfully kept Hamas and other militant groups out. As a result, life here no longer feels like life in Gaza.”
He claimed that those living in the captured territory had access to shelter, food, water, and basic medical supplies “without fear of Hamas stealing aid or being caught in the crossfire with the Israeli military.”
Shabab claimed that capturing the territory had had a massive impact on the lives of the Palestinian civilians in the enclave, asserting that they will no longer be “used as human shields by Hamas” or deal with “chaotic aid lines, (nor) evacuation orders.”
Aspirations for Gaza
“While there is still much to improve, people now sleep at night without fear of death,” Shabab wrote, adding his territory could become “the new norm.”
He claimed that families had contacted him hoping to relocate to the zone, and that in the coming months, a third of Gaza’s population could be moved outside of Hamas’s control.
To make his aspirations a reality, he wrote in the Wall Street Journal that his militia would need “financial support to prevent Hamas’s return, humanitarian aid to meet the population’s immediate needs for food and shelter, and safe corridors so people can move around.”
Hamas’s brutality
“The vast majority of Gazans reject Hamas,” he claimed. “They don’t want it to remain in power after the war ends. But though they hate Hamas, they still fear it. Since protests began earlier this year calling for the group’s removal, demonstrators have been killed, tortured, or forced into hiding.”
Shabab added that his brother, Fathi Abu Shabab, and cousin, Ibrahim Abu Shabab, were murdered by Hamas in their homes despite not partaking in the protests. He claimed 52 civilians under the group’s care were murdered by the terror group.
Despite Hamas killing his loved ones, Shabab wrote, “I am not intimidated by them. I won’t surrender.”
The return of the hostages
“What has prevented most Gazans from expressing their true anger at Hamas is the lack of a viable alternative,” Shabab claimed. “Hamas still controls aid access and dominates institutions like the UN Relief and Works Agency for Palestine Refugees in the Near East, or UNRWA. Hamas still turns aid centers into hubs for its own operations. In some areas, the only thing preventing people from fleeing is the presence of Israeli troops, which might withdraw as part of a ceasefire.”
On the topic of hostages, which he did not describe as “prisoners” in contrast to Hamas, Shabab wrote, “When the rebuilding has begun, Hamas can negotiate with Israel for the release of hostages in exchange for safe passage out of Gaza. Let them go to Qatar, Turkey, or wherever their enablers will have them. We don’t want them among us.”
Shabab called on the US and Arab states to recognize the Popular Forces and support an independent Palestinian administration.
“From eastern Rafah—where families now sleep safely under civil protection—I can see Gaza’s future,” he concluded. “The question is: Will the world help build it with us, free from the ideologies of violence and terror?”See more on
END
ISRAEL VS HAMAS
Now localized ceasefires so as to give aid
(JerusalemPost)
Israel gives conditions for localized Gaza ceasefires without deal in place
Hamas has reportedly expressed willingness to show flexibility on its previous demands, with international pressure is expected to help restart talks.
Palestinians gather to collect aid supplies after trucks loaded with aid entered from Israel through central Gaza, in Gaza City, July 22, 2025(photo credit: REUTERS/Khamis Al-Rifi)ByAMICHAI STEIN, JERUSALEM POST STAFFJULY 27, 2025 13:29Updated: JULY 27, 2025 14:48
Hamas has reportedly informed mediators that it seeks to reach a resolution on disputed issues in hostage and ceasefire negotiations, sources told Saudi channel Al Hadath on Sunday.
The sources added that international pressure is expected to help restart the talks this week, and emphasized that Hamas has expressed willingness to show flexibility on its previous demands, according to the report.
On Friday, Israeli officials told The Jerusalem Post that Israel still believes Hamas is ultimately interested in a deal, “but they’re trying to squeeze every possible advantage, provoking and appeasing all the extremist factions within Gaza.”
According to the official, Hamas has yet to provide a formal and serious response to Israel’s latest proposal. Instead, it has resorted to delaying tactics, reintroducing previously resolved issues, and making “outlandish” demands, chief among them, the release of dozens of living prisoners in exchange for each murdered hostage.
IDF announces localized ceasefires on Sunday morning ‘until further notice’
The IDF on Sunday announced localized ceasefires from 10:00 a.m. to 8:00 p.m. in portions of Gaza in order to expand food aid distribution to the civilian population.
Although the IDF message tried to present the announcement as a very limited issue and not a broader ceasefire, the implications are likely a relatively broad ceasefire, and at a point where Hamas has given no new concessions to Israel.
According to the IDF announcement, the ceasefires relate to the al-Muwasi central-southern Gaza coastal area, Deir al Balah central Gaza, and Gaza City northern Gaza areas.
Put differently, Israel will not be able to target the vast majority of Hamas, and any other Hamas fighters who move to these areas will be safe.
Questioned by The Jerusalem Post about the length of the ceasefires, which was not mentioned in the announcement, the IDF said “until further notice” – meaning it could go on for weeks or even months.
Yonah Jeremy Bob contributed to this report. This is a developing story.
end
ISRAEL HAMAS/GAZA
Israel will do to Gaza ‘what we did to Tokyo and Berlin,’ Lindsey Graham says
“Hamas is a terrorist organization that is chartered to destroy the state of Israel,” Senator Lindsey Graham told NBC. “They’re religious Nazis.”
US Senator Lindsey Graham speaks outside the White House following the Oval Office meeting between Ukrainian President Volodymyr Zelensky and US President Donald Trump, in Washington, DC, US, February 28, 2025.(photo credit: Nathan Howard/Reuters)ByJERUSALEM POST STAFFJULY 28, 2025 02:38Updated: JULY 28, 2025 16:31
“They’re going to do in Gaza what we did in Tokyo and Berlin,” US Senator Lindsey Graham (R-South Carolina) said in an interview with NBC on Sunday, adding that he hoped for a “better future for the Palestinians,” which would potentially see “the Arabs take over the West Bank and Gaza.”
The world can expect to see a change in strategy regarding Israel’s war in Gaza, Graham said.
The interview came following US President Donald Trump’s call for Israel to “finish the job” and Israel and the US recalling hostage delegations after claiming Hamas would not take negotiations seriously.
“I think President Trump has come to believe, and I’ve certainly come to believe, there’s no way you’re going to negotiate an end to this war with Hamas,” Graham said.
“Hamas is a terrorist organization that is chartered to destroy the state of Israel. They’re religious Nazis. They hold Israeli hostages. I think Israel has come to conclude that it can’t achieve a goal of ending the war with Hamas that would be satisfactory to the safety of Israel.”
Despite this, he noted, Israel plans to collaborate with the United Nations and the World Food Programme to ensure that food and aid reach those who need it within the Gaza Strip.
Graham expresses hope over return of hostages
When asked if he believed the hostages could return alive if Israel moved forward as he’d detailed, Graham expressed hope.
“I think there are people, maybe, in the Hamas organization that would accept safe passage if they released the hostages,” he said, suggesting Israel should present the offer to the terrorist organization.
“Hamas could end this tomorrow by laying down its weapons and releasing the hostages. There is no future for the Palestinian people as long as Hamas is around.
“So all I can say is that you’re going to see, I think, in the next days and weeks, a military effort to destroy Hamas, akin to what we did in Tokyo and Berlin to destroy the Nazis and the Japanese.”See more on
END
ISRAEL HAMAS/USA
Doha talks fell flat over hostage exchange, IDF withdrawal, Hamas source tells CNN
Israeli Foreign Ministry officials stated that Hamas had “only hardened its stance, and in fact, there has been a regression in its position during the negotiations.”
Outline of Hamas terrorists standing against backdrop of Israeli demonstrators calling for an immediate hostage deal. (illustration)(photo credit: Flash90/Tomer Neuberg, Reuters/Hatem Khaled)ByJERUSALEM POST STAFFJULY 26, 2025 14:04Updated: JULY 26, 2025 14:06
Ceasefire and hostage deal negotiations fell apart between Israel and Hamas over two sticking points: the exchange of Palestinian prisoners for Gaza hostages and the timetable for Israel’s withdrawal, CNN reported on Friday, citing a senior Hamas official.
The source told CNN that Hamas had submitted two proposals regarding the sticking points shortly before Israeli and US delegates left talks early on Thursday.
US Special Envoy to the Middle East Steve Witkoff said after the meetings that Hamas showed “a lack of desire to reach a ceasefire in Gaza.”
What were the sticking points?
CNN reported that according to the Hamas proposal, Israel would exchange 200 Palestinian prisoners serving life sentences in addition to 2,000 Gazan prisoners in exchange for 10 living hostages.
In exchange for the bodies of Israeli hostages, the terror group would receive “10 corpses of Palestinians plus 50 prisoners from Gaza who were captured after October 7, and women and children under the age of 18, to be named by Hamas.”
The Hamas proposal, as seen by CNN, also detailed what the terror group sought in regards to an IDF withdrawal from the Gaza Strip.
In the proposal, Israel would have withdrawn 800 meters from populated areas in northern Gaza and 1,000 meters from unpopulated ones. In Rafah, the IDF would have pulled back anywhere from 700 to 1,200 meters, depending on the part of the city.
“The occupation withdraws gradually at a rate of 50 meters per week from the Philadelphi corridor,” the document said. “On the 50th day, it will withdraw from the entire Philadelphi line.”
The Jerusalem Post previously reported that another significant gap in negotiations was the delivery of humanitarian aid.
“Israel had agreed to the (US) framework for a hostage release and ceasefire, but Hamas has only hardened its stance, and in fact, there has been a regression in its position during the negotiations,” an Israeli Foreign Ministry spokesperson said, according to CNN.
Israeli and US negotiators have stated that they are now working on alternative ways to bring the hostages home.
“Hamas is the obstacle to a hostage release deal. Together with our US allies, we are now considering alternative options to bring our hostages home, end Hamas’s terror rule, and secure lasting peace for Israel and our region,” said Prime Minister Benjamin Netanyahu.
END
ISRAEL/HEZBOLLAH
IDF strikes Hezbollah terrorist in s. Lebanon, Syria, Israel discuss de-escalation in s. Syria
IDF detains 12 Israeli suspects for setting Palestinian houses on fire in West Bank • Former hostages speak up to government • Five dead in courthouse attack in Iran’s Baluchistan province
IDF soldiers operating in the area of Bint Jbeil in southern Lebanon, October 17, 2024.(photo credit: IDF SPOKESPERSON’S UNIT)
July 27, 12:03 AM
IDF kills third Hezbollah terrorist in Bint Jbeil sector in a week
The IDF killed Hezbollah terrorist Ali Abd al-Qader Ismail, a commander in the headquarters of the Bint Jbeil sector, the military said Saturday, marking the third attack on a Hezbollah terrorist in that sector within the past week.
Ismail was involved in efforts to rehabilitate Hezbollah in Bint Jbeil in southern Lebanon.
END
RUSSIA VS UKRAINE
He is probably correct:
Medvedev: Trump ‘Steamrolled, Humiliated’ Europe With One-Sided Deal
Monday, Jul 28, 2025 – 01:25 PM
Following high-stakes talks in Scotland between President Donald Trump and European Commission President Ursula von der Leyen, the two sides reached a landmark deal which sets a 15% US tariff on all European Union goods.
This new rate is significantly lower than the 30% import tax Trump had previously threatened, with the EU also committing to opening its markets to certain American exports with zero tariffs. Von der Leyen subsequently said, “I want to thank President Trump personally for his personal commitment and leadership to achieve this breakthrough. He is a tough negotiator, but he is also a dealmaker.”
The Kremlin has reacted, with former Russian President and current deputy chairman of the country’s security council Dmitry Medvedev in essence mocking the EU for signing a deal he says benefits only the United States, and which leaves Europe behind, looking like a “humiliated” junior partner. He also deemed the deal ‘anti-Russian’.
He highlighted that Brussels agreed to terms that involve significant trade concessions, expanded defense obligations, and energy agreements heavily favoring American exporters. Did anyone think it would be anything different with Trump in the room negotiating it?
Trump managed to “crush” Europe without firing a single shot, Medvedev said: “This isn’t diplomacy. It’s surrender dressed in a suit.”
The heavily slanted terms of the deal meant Trump had “wiped the floor with Europe,” Medvedev stated further in the Monday social media post.
“One can only feel sorry for ordinary Europeans,” Medvedev wrote, nothing that EU leaders are only motivated by their blinding anti-Russian sentiment, given Brussels’ intention to terminate all purchases of Russian oil and gas – which is part of the deal.
Below is the list offered by Medvedev on what the ‘deal’ with the European Union actually represents:
1) totally humiliating for the Europeans as it only serves the United States by leaving the European market unprotected and zeroing out tariffs on US goods;
2) creates huge additional costs for industries and agriculture in many EU countries stemming from the need to pay for expensive US energy; and…
3) diverts a massive investment flow from Europe to the US, Medvedev specified.
But ultimately, Medvedev wrote, “the deal is clearly aimed against Russia, as it bans Russian oil and gas purchases. However, while for Trump, it is largely about business, for the mad old wench Europe, it is part of its neo-Nazi ideas, which is harmful to the well-being of its own citizens.” This has been a constant talking point from Moscow going back years.
The Russian Security Council deputy chairman has long been probably the single most outspoken official in the Kremlin, but it’s widely believed he plays ‘bad cop’ to Putin’s ‘good cop’ – in the sense that he often issues the more hawkish or even mocking point of view on any given geopolitical or economic issue. Or rather, he states the quiet part out loud, from Moscow’s viewpoint.
6. GLOBAL ISSUES//COVID ISSUES/VACCINE ISSUES/HEALTH ISSUES
Peter Hotez Panics After Heavily-Vaxxed Caller Reveals “Worst Experience Ever” Post-Booster
Saturday, Jul 26, 2025 – 04:20 PM
Via VigilantFox.com
Infamous vaccine pusher Dr. Peter Hotez recently had an uncomfortable moment during what started as a softball radio interview on Hello Houston.
Everything was going his way. The hosts praised Hotez for battling “disinformation” and hung on to his every word as if it were gospel.
But then, things went off the rails when a possibly vaccine-injured woman called into the show.
Carol, who says she keeps up with her boosters, asked Hotez over the phone why she suffered the “worst experience [she] ever had” just two days after her last COVID shot.
The moment felt like watching a train wreck in real time.
She described how she was so exhausted she was sleeping 16 hours a day, and had a “really bad cough with deep phlegm.”
At first, Hotez assumed she’d had a severe case of COVID. But to his shock, Carol told him she had NEVER had COVID.
Hotez scrambled for an explanation:
“So, what possibly could have happened is in between the time you got the booster and the immune response kicks in, you could have gotten some intercurrent viral infection, such as Covid or flu or a gazillion other things. So sometimes it’s hard to know what’s ascribed to a SIDE EFFECT of the vaccine versus some other intercurrent illness.”
Notice that in the last line, Hotez says the quiet part out loud: “side effect.”
He realizes: “Oh, sh*t, this could be a vaccine-injured person.”
But instead of acknowledging that possibility, he spins an explanation to confuse her into thinking the symptoms could have come from something else—just two days after the shot.
Just watch the clip. It’s never the jab with these people.
END
New study suggests true figure ‘substantially more conservative’ than WHO’s 14.4 million global estimate
By Sarah Knapton
The Telegraph, London
Friday, July 25, 2025
Covid vaccines saved far fewer lives than first thought, a major new analysis has concluded, with researchers criticising “aggressive mandates”.
Last year, the World Health Organisation (WHO) claimed jabs had prevented the deaths of 14.4 million people globally in the first year alone, with some estimates putting the figure closer to 20 million.
However, new modelling by Stanford University and Italian researchers suggests that while the vaccines did save lives, the true figure was “substantially more conservative” and closer to 2.5 million people worldwide over the course of the pandemic.
The team estimated that nine of 10 prevented deaths were in the over-60s, with jabs saving just 299 people aged under 20, and 1,808 people aged between 20 and 30 globally.
Overall 5,400 people needed to be vaccinated to save one life, but in the under-30s this figure rose to 100,000 jabs, the paper suggests.
Researchers criticised “aggressive mandates and the zealotry to vaccinate everyone at all cost”, adding that the findings had implications for how future vaccine rollouts were handled.
John Ioannidis, a professor of medicine at Stanford University and the study’s first author, said: “I think early estimates were based on many parameters having values that are incompatible with our current understanding.
“In principle, targeting the populations who would get the vast majority of the benefit and letting alone those with questionable risk-benefit and cost-benefit makes a lot of sense.
“Aggressive mandates and the zealotry to vaccinate everyone at all cost were probably a bad idea.”
‘Overly optimistic vaccine effectiveness’
More than 13 billion Covid vaccine doses have been administered since 2021. But there have been mounting concerns that vaccines could be harmful for some people, particularly the young, and that the risk was not worth the benefit for a population at little risk from Covid.
More than 17,500 Britons have applied to the Government’s vaccine damage payment scheme, believing they or loved ones were injured by the jabs. In June, manufacturers added warnings for myocarditis and pericarditis to the prescribing information of Covid messenger RNA (mRNA) vaccines.
For the new study, the experts used worldwide population data alongside vaccine effectiveness and infection fatality rates to estimate how many people died from a Covid infection before or after the periods of vaccination.
The team believes earlier modelling may have used overly pessimistic infection fatality rates and overly optimistic vaccine effectiveness, while failing to consider how quickly protection waned.
Earlier studies may also have underestimated how many people had already been unknowingly infected by the time they had the vaccine.
Benefit ‘mostly limited’ to older people
Dr Angelo Maria Pezzullo, a researcher in general and applied hygiene at the Catholic University of the Sacred Heart in Milan, said: “Before ours, several studies tried to estimate lives saved by vaccines with different models and in different periods or parts of the world, but this one is the most comprehensive because it is based on worldwide data. It also covers the omicron period.
“It also calculates the number of years of life that was saved, and it is based on fewer assumptions about the pandemic trend.”
The team calculated that around 14.8 million life-years were saved, one life-year per 900 vaccine doses administered.
Researchers concluded that although vaccines had a “substantial benefit” on global mortality, it was “mostly limited” to older people.
The over-70s made up nearly 70 per cent of the lives saved, while those aged 60 to 70 accounted for a further 20 per cent. In contrast, under-20s made up just 0.01 per cent of lives saved, and 20 to 30s were 0.07 per cent.
‘Reasons for concerns are validated’
Prof Stefania Boccia, of the Catholic University of the Sacred Heart, added: “These estimates are substantially more conservative than previous calculations that focused mainly on the first year of vaccination, but clearly demonstrate an important overall benefit from Covid-19 vaccination over the period 2020-2024.
“Most of the benefits, in terms of lives and life-years saved, have been secured for a portion of the global population who is typically more fragile – the elderly.”
Sir David Davis, the former Brexit secretary who fought against vaccine mandates, said: “Frankly it’s a good cautionary tale that if we have another pandemic we should be far more clinical about the risk-benefit ratio.
“We knew pretty quickly who the most susceptible groups were and we should have focused very strictly on them, rather than placing people who were at little risk in hazard’s way.
“The level of aggression of trying to force people to become vaccinated and shutting down people who were raising concerns, the reasons for those concerns are all validated in this report.”
The new research was published in Jama Health Forum.
On Sat, Jul 26, 2025 at 9:05 PM Chris Powell <cpowell@gata.org> wrote:
END
BREAKING STUDY: mRNA Injections Induce Severe, Long-Lasting Genetic Disruption Linked to Cancer and Chronic Disease
MARK CRISPIN MILLER
Jeff Lynne cancels UK concerts; Tom Jones postpones Bremen show; The Damned cancel US tour; Darius Rucker cancels …
Lynne cancels UK concerts; Tom Jones postpones Bremen show; The Damned cancel US tour; Darius Rucker cancels NJ show (“I physically can’t sing)”; Motion City Soundtrack cancels show
South Korea: BoA, “Queen of K-Pop,” cancels concerts due to bone disease; NZ: Mackenzie District Mayor Anne Munro steps down after cancer diagnosis
| Mark Crispin MillerJul 26 |
Further indications of the global toll of COVID “vaccination,” based on the reports collected by our worldwide team of researchers.
To help support our work, consider subscribing or making a donation.
Cancelations:
July 22, 2025
UNITED STATES
Pop Punk Icon, 49, Cancels Concert Appearance From Hospital Bed Amid Health Scare
July 20, 2025
Motion City Soundtrack singer Justin Courtney Pierre abruptly canceled a show following a health scare that landed him in the hospital. On July 18, the pop-punk frontman, 49, took to Instagram with a photo after spending the night in an emergency room. “Turns out I’m not gonna make it to the MCS Yacht (Rock) Club performance and I am really sorry about that,” Pierre captioned his update. “Spent the day in the ER getting plugged into machines and fed copious amounts of amphetamine adjacent drugs. Eventually Dr. M. considered me stable enough to leave, told me I needed to be on bed rest, and to not exacerbate my current condition of total lung f—kery by trying to do strenuous things like walk, talk, or breathe too hard.” In the featured image, Pierre wore a mask while donning a hospital gown and blood pressure cuff and sitting in a hospital bed. The “Everything Is Alright” singer continued, “Rumor has it that the guys have lined up a bunch of radical humans to fill in for my temperamental little throat nozzle, and from what I hear, s—t’s gonna get D—ktickulous. Facts: they won’t even tell me who is singing because they think I’m gonna pull a Tom Holland. I can keep a f—king secret for 24 hours, guys. WTF? .”
Country music legend abruptly stops concert, promises refunds: ‘I physically can’t sing’
July 16, 2025
On Saturday, country music megastar Darius Rucker shocked a New Jersey audience when he stopped performing and said he couldn’t finish the show.
“Y’all, I can’t sing anymore,” Rucker, 59, told the crowd at the Hard Rock Casino in Atlantic City on July 12. “This never happened. I physically can’t sing, and I promise you on everything that I stand for I will make this up to you.”
UNITED KINGDOM
ELO’s Jeff Lynne shares health update after axed gigs
July 15, 2025
Electric Light Orchestra’s Jeff Lynne has shared an update after he was forced to pull out of his BST Hyde Park gig due to illness. The frontman worried fans when he appeared unsteady on stage in Birmingham and he went on to cancel a Manchester gig followed by the London show due to take place on Sunday July 13, which was billed as the group’s final ever UK gig. In a new post on social media, the 77-year-old has revealed that he is now back home and recovering after his health issues.
Tom Jones Postpones Concert Upper Respiratory Infection: ‘I Know This Is Really Disappointing’
“Hello to all the fans in Bremen,” Jones began in his statement. “Unfortunately, I must postpone my show this evening, as I’ve contracted an upper respiratory infections that needs treatment and rest. I know this is really disappointing and will cause inconvenience to you all, and I’m very sorry about that.”
The Damned Cancel North American Concert Dates Following ‘Catastrophic Event’
July 23, 2025
English punk veterans The Damned have been forced to cancel a trio of dates in the Pacific Northwest following an unspecified “catastrophic event” affecting a member of the band.
The group shared the news on social media on Tuesday (July 22), revealing that their upcoming July dates in North America would not be going ahead.
SOUTH KOREA
Pop Music Star Reveals Concerning Bone Disease Diagnosis, Cancels Her Next Concerts
July 19, 2025
One the world’s pop music “queens” is facing a health setback. The Korea Times reports that BoA, known as the “Queen of K-pop,” is sidelined after a diagnosis of “acute osteonecrosis in her knee.” Per the National Institute of Arthritis and Musculoskeletal and Skin Diseases, osteonecrosis occurs when “blood flow to part of a bone is disrupted,” resulting “in death of bone tissue.” This occurring in a knee could result in the joint to “collapse.” This serious bone issue pits BoA at risk of serious injury, meaning that a live performance is risky at this time. As a result, BoA is canceling her Aug. 30 and 31 concerts at Jamsil Indoor Stadium in Seoul, South Korea. The events were meant to celebrate the 25th anniversary of the artist’s debut, which occurred with the release of 2000’s ID; Peace B.
No age reported.
NEW ZEALAND
Munro stepping down due to diagnosis
July 21, 2025
Mackenzie District Mayor Anne Munro is stepping aside due to her cancer diagnosis. She shared the news last year and testing has confirmed the cancer is metastatic. She said while treatment was ongoing, her prognosis remained uncertain and she had made the decision in the interest of continuity and stable leadership. She said she would not be seeking re-election in October. She was diagnosed with cancer shortly before Christmas last year.
No age reported.
END
tristan Rogers (“General Hospital” has cancer; UK: Scots comic Fred MacAulay has prostate cancer; SK: actor Jang G
ristan Rogers (“General Hospital” has cancer; UK: Scots comic Fred MacAulay has prostate cancer; SK: actor Jang Geun Suk has thyroid cancer; PH: TV host Kris Aquino has 11 autoimmune diseases
Actor Carrie Preston has skin cancer surgery; rocker Phil Fasciana in ICU with bacterial pneumonia; UK: country singer Lisa McHugh has Functional Neurological Disorder (FND); & more
| Mark Crispin MillerJul 26 |
Celebs:
UNITED STATES
Correction: While we had included a report that Bristol Palin suffers from facial paralysis, she recently revealed that she has not been “vaccinated.”
Bristol Palin says her facial paralysis struck ‘completely out of the blue’ with no warning signs
July 19, 2025
During an Instagram Q&A, Palin [34] was asked specific questions about how she is dealing with her battle with facial paralysis and what specific symptoms she felt prior to experiencing the weakness in her facial muscles. “I woke up and it was paralyzed completely out of the blue – no warning, wasn’t sick didn’t get the v@x, no recent Botox … just paralyzed,” she said in response to one question asking about what symptoms she felt.
Actress Carrie Preston reveals she underwent surgery to remove skin cancer on her cheek
July 16, 2025
Carrie Preston is sharing about her experience being recently diagnosed with basal cell carcinoma. The “Elsbeth” actor appeared on Wednesday’s episode of Busy Philipps’ streaming series “Busy This Week” donning a strip of jewels on her cheek, which she explained were there to cover a scar she had after undergoing surgery to remove a cancerous mole. Preston told Philipps that she found out that a mole on her cheek was basal cell carcinoma on the last day of shooting the second season of “Elsbeth,” and that she opened up to her costars Mary-Louise Parker, Retta, Alyssa Milano and Elizabeth Lail about it while on set. Preston continued to say she underwent a Mohs procedure to remove the mole, and that while the scar on her cheek is healing, she has to wear silicone scar strips.
No age reported.
Researcher’s Note – Carrie Preston @mscarriepreston: Despite being symptomatic & swabbing 30sec on tonsils, 30sec 2” in each nostril, I only had 1 faint positive. I expect it’s combined Omicron characteristics w/VERY low viral load from 3 full Moderna doses. Most ppl would never look close enough to see the barely visible lines……let alone do B&W/contrast, thus they would consider it negative and would infect others. Everyone needs to be made very aware of this possible “phenomenon” of false negatives among 3x-full dose vax’d [sic]. It’s a sad and risky side effect of being heavily protected from vaccination [sic]: Link
General Hospital Star Tristan Rogers Diagnosed with Cancer: ‘Support Means More to Him Now Than Ever’
July 17, 2025
Tristan Rogers has been diagnosed with cancer. The Australian actor’s representative, Anthony Turk, shared the news with fans in a press release on Thursday, July 17, according to Deadline and TVLine. Rogers, 79, portrayed Robert Scorpio on General Hospital and its spinoff series, General Hospital: Night Shift. His last on-screen appearance was on November 12, 2024. “While he remains hopeful and is working closely with his medical team on a treatment plan, this is a challenging time for Tristan and his family,” the statement began. “As they face both the emotional and physical burdens that come with this diagnosis, the family kindly asks for privacy and understanding. They are deeply grateful for the outpouring of support and love from their friends and family.”
Researcher’s Note – Tristan Rogers was working in Hollywood between 2021-2023: Hollywood’s On-Set Vaccine [sic] Mandates to End on May 12, 2023: Link
Malevolent Creation’s Phil Fasciana Remains In ICU Following Bacterial Pneumonia Diagnosis
July 19, 2025
Guitarist Phil Fasciana [57] of long-running Florida death metallers Malevolent Creation remains in ICU (Intensive Care Unit) at a hospital in Montpelier, France, after developing a severe case of bacterial pneumonia. As a result of Phil’s hospitalization, the other members of the band — Ronnie Parmer (drums),Jolly (and Chris Cannella (guitar) — are playing the remaining shows of the band’s in-progress European tour as a three-piece, beginning with this past Thursday night’s (July 17) concert at Razzmatazz in Barcelona, Spain.
BRAZIL
Rodrigo Constantino updates his health status
July 17, 2025
In the video, Constantino [49] says he has an infection and is taking blood-thinning medication to combat an embolism. The journalist remains hospitalized, but reveals his desire to be discharged in the coming days to host the program 4 por 4.
UNITED KINGDOM
Scots comedian Fred MacAulay diagnosed with prostate cancer
July 20, 2025
Scots comic Fred MacAulay said he has the “best chance for a good outcome” after being diagnosed with prostate cancer. The 68-year-old is encouraging other men to get checked after the disease was detected following a regular check-up. The stand-up legend added: “I’m determined not to let a prostate cancer diagnosis get me down. I’ve even managed to stay away from the internet because I’d just scare myself to death.” Despite having no symptoms, recent tests for the disease came back positive.
Lisa McHugh shares details of diagnosis after ‘scary and difficult’ few weeks in hospital
July 15, 2025
Country music singer Lisa McHugh [37] has shared that she has been diagnosed with Functional Neurological Disorder (NFD). The mum-of-two shared photos and videos with her followers on Instagram from “an incredibly scary and very difficult couple of weeks in hospital”. Lisa said she underwent multiple CT scans, MRIs, X-rays, blood tests, lumbar punctures and “every kind of test you could imagine”, leading to her FND diagnosis. She said: “As well as Trigeminal Neuralgia that I was diagnosed with earlier this year. FND is a condition that affects the way the brain and nervous system work, leading to a range of neurological symptoms such as limb weakness, paralysis, seizures, walking difficulties, spasms, sensory issues, cognitive problems and more. The specific cause for FND is unknown but one of the main triggers is stress, trauma & anxiety. And while there is no cure, it is treatable providing you adapt your life as much as possible to manage it.
Researcher’s Note – Pregnant Lisa McHugh opens up about her ‘scary’ battle with Covid-19. The 33-year-old confessed she was “totally floored” by the virus, and said: “I hate to think what would have happened me if I wasn’t doubly vaccinated [sic].”
ITALY
Lazio coach Maurizio Sarri suddenly ill, hospitalized at the Villa Mafalda clinic after managing Lazio’s training session
July 16, 2025
Lazio coach Maurizio Sarri [66] is hospitalized at the Villa Mafalda clinic in Rome following a sudden illness. Staff at the private clinic, affiliated with the club, reportedly performed tests on the coach. The cause of the illness and his health condition have not yet been disclosed. Vanoli suddenly fell ill during Torino-Venezia after an argument with Maripan, the coach collapsed on the sidelines. When news of his hospitalization spread, many users searched for information to understand whether the illness could be linked to the COVID vaccine, in light of recent studies showing an increase in the number of cases of illness and cardiovascular disease. Many now recall rumors circulating on social media in 2021 that the Figline coach was very worried about the Coronavirus and wanted to wait for the COVID vaccine before accepting a new job. Dr. Barbaro: Since the beginning of the year, at least 22 sudden deaths have been recorded, among people under 60 alone, but autopsy tests to investigate the causes remain superficial.
INDIA
Panchayat actor Aasif Khan suffers heart attack, say reports: What do young people in their 30s need to watch out for?
July 16, 2025
Actor Aasif Khan, who is a known face on OTT with his work in Mirzapur, Paatal Lok and Panchayat, reportedly suffered a heart attack on Monday evening. However, the 34-year-old actor is now stable and out of danger and has assured fans of his road to recovery in his Instagram post. He wrote, “Over the past few hours, I’ve been dealing with some health issues that required hospitalisation. I’m grateful to share that I’m now on the road to recovery and feeling much better.” “Heart attacks in the 30s are no longer an exception. In fact, these are mostly lifestyle and stress-driven that are tipping young people over the edge,” says Dr Nishith Chandra, Principal Director, Interventional Cardiology, Fortis Escorts Heart Institute, New Delhi.
SOUTH KOREA
Famous Actor Diagnosed With Thyroid Cancer Reveals Why He Couldn’t Even Tell His Family
July 16, 2025
On the July 16 episode of MBC’s variety program “Radio Star,” actor Jang Geun Suk, FTISLAND’s Lee Hongki, TXT’s Soobin, and comedian Kim Shinyoung appeared as guests. Jang Geun Suk [37] began by saying, “I was a bit sick last year. I was diagnosed with thyroid cancer, but thankfully, it was discovered early when it was still very small.” He continued, “I tried to have surgery early, but due to the medical crisis, I had to wait about 10 months without being able to get surgery. I delayed projects and waited, and then suddenly a surgery slot opened, so I had the surgery right away.” Kim Gura then comforted him by saying, “It’s a relief it didn’t spread to other areas.”
PHILIPPINES
Kris Aquino reveals she now has 11 autoimmune diseases
July 21, 2025
TV host/actress Kris Aquino [54] shared that she now has 11 autoimmune diseases, even as she announced that her son Bimby Aquino-Yap will be taking over her Instagram account for the meantime. In her latest Instagram post since May, Aquino said that her nine primary autoimmune diseases she has been battling had resulted in her having two more additional health conditions, but she had yet to give details on these two newly discovered ones. She, however, said in her new post that her rheumatoid arthritis got worse because of Typhoon Crising. Aside from rheumatoid arthritis, Aquino previously listed down her other autoimmune conditions as the following: thyroiditis, chronic spontaneous urticaria, EGPA (Churg-Strauss Syndrome/eosinophilic granulomatosis with polyangiitis), systemic sclerosis/scleroderma, lupus (SLE), fibromyalgia, polymyositis, and mixed connective tissue disease. In the comments of her post, Aquino said her additional diseases were due to her conditions, resulting in her being wheelchair-bound. Still, she was in high spirits, saying she will keep on fighting for her sons.
Researcher’s Note – Kris Aquino receives first dose of COVID-19 vaccine [sic]: Link
DR PAUL ALEXANDER
Geert Vanden Bossche (shared by Dr. A Brinkley) again takes us on a needed immunological tour of the catastrophe of the Malone Bourla et al. transfection injection! ‘Que sera, sera’…governments and
their pet ‘scientific experts’ have zero clue what’s going on anymore. So instead, they retreat into some kind of fairytale land, weaving bedtime stories to convince the public that everything is
| Dr. Paul AlexanderJul 26 |
totally normal and fine, and that the way forward to mitigate the Covid-19 summer (!) wave is to keep on vaccinating. Forever. Ideally once a month, like a bloody Netflix subscription.
It’s full-on derangement at this point. The idiocy is so complete, it completely shuts down any ability to grasp that the collective immune defense against the endlessly inventive SARS-CoV2 variants in these highly Covid-19-vaccinated populations is being utterly trashed by the very vaccine breakthrough infections they keep fueling. But sure—let’s just keep pretending the immune system’s still manages all the challenges, while it’s busy waving the white flag.
What’s left is a ticking clock—just a matter of time before even the most primitive form of innate immunity (i.e., the near-mechanical viral clearing by dendritic cells in the upper airways) gives up the ghost. As I’ve said over and over again: the multitude of mutations and recombinations shed by a steadily increasing number of chronically infected individuals will inevitably cough up a kind of new SARS-CoV species that pulls off the neat little trick of sidestepping the inflammation that normally comes with exposure to a highly infectious virus.’
Fast eddy:
Alexander News Network (ANN): Trump’s War 2.0 for America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
The World According to Fast Eddy
I’m actually ok with the Rat Bastard MORONS taking a monthly Covid Death Shot.
I will encourage them. Cuz those still taking this shit are the same mother fuckers who to this day wish me dead from Covid. Fuck them. They deserve to suffer and die
The World According to Fast Eddy
Indulge in Schadenfreude (SCHAD)
It took me a few weeks to realize the Covid narrative was bullshit and that we were being exterminated. That’s because I have been aware, since 2008, that civilization was doomed and collapse imminent due to the severe depletion of affordable oil and other finite resources…
You must not wait for another catastrophic crisis (at times manufactured but we are prevented from making our own basic personal decisions or accessing needed drugs and response tools) to catch you off-guard. We must take charge and be prepared today so that we can enjoy peace of mind tomorrow.
END
NEWS ADDICTS
| Our Latest Posts |
| New Details on Hulk Hogan’s Death Revealed After ‘Serious’ Medical IssueWrestling legend Hulk Hogan died Thursday at the age of 71, just one hour after being rushed to the hospital for a serious medical emergency.According to TMZ, a 911 call was made around 10 a.m. from Hogan’s Clearwater, Florida home. Dispatchers reported a cardiac arrest.He was transported to a nearby hospital and pronounced dead at 11:17 a.m. Authorities confirmed that …READ THE FULL REPORT |
| Hulk Hogan’s ‘Cardiac Arrest’ 911 Dispatch Audio ReleasedWrestling icon Hulk Hogan has died at the age of 71, with new 911 audio revealing that emergency responders were dispatched for a cardiac arrest at his Florida home.The audio, obtained by TMZ, captures an operator alerting medics to Hogan’s residence in Clearwater, Florida, where the WWE Hall of Famer was reportedly found unresponsive.“Disturbing 911 audio as medics rushed to …READ THE FULL REPORT |
| Deputy AG and Ghislaine Maxwell Had ‘Very Productive’ MeetingDeputy Attorney General Todd Blanche spent a full day interviewing Ghislaine Maxwell at the Federal Correctional Institution in Tallahassee, Florida, according to Maxwell’s attorney.Maxwell, who is serving a 20-year sentence for sex trafficking, reportedly cooperated fully with the Justice Department during the meeting.“Miss Maxwell answered every single question… truthfully, honestly, and to the best of her ability,” said attorney David …READ THE FULL REPORT |
| Watch: Trump Prods Jerome Powell About Renovation Controversy During Fed VisitPresident Donald Trump confronted Federal Reserve Chairman Jerome Powell on Thursday over ballooning costs tied to the central bank’s controversial renovation project—now reportedly totaling $3.1 billion.During a tour of the Fed’s Washington headquarters, both men wore hard hats as Trump raised the issue on camera, catching Powell visibly off guard.“It went up a little bit — or a lot,” Trump …READ THE FULL REPORT |
| Columbia Agrees to Pay Over $220M in Deal with Trump to Restore Federal FundingPresident Donald Trump announced Wednesday night that Columbia University will pay a $200 million penalty to the federal government for its handling of anti-Israel protests.The university will also pay $20 million in damages to Jewish employees who were “unlawfully targeted and harassed.”In exchange, the Trump administration will restore federal funding and shut down several ongoing investigations into the New York-based …READ THE FULL REPORT |
NEWSWIZE
| LATEST NEWS |
| Shocking Hulk Hogan Revelation Erupts After Tragic DeathJimmy Hart, the longtime manager and close friend of Hulk Hogan, expressed disbelief over the wrestling legend’s sudden death, saying he had just received good news about Hogan’s health the night before he passed.Hart had called Hogan on Wednesday and spoke with his assistant, who reassured him that Hogan was “doing great.”In an interview with People on Friday, Hart recounted …READ MORE |
| Planned Parenthood Suffers Major Loss Over Trump BillPlanned Parenthood has closed five clinics in Northern California following the implementation of President Donald Trump’s newly enacted “Big Beautiful Bill.”The legislation led to a major loss in Medicaid funding for the organization, forcing its largest affiliate in the U.S., Planned Parenthood Mar Monte, to shut down multiple locations.The affected clinics are situated near the Bay Area, specifically in San …READ MORE |
| Bombshell Stephen Colbert Revelation Erupts: ‘Group Therapy’A new study by media watchdog NewsBusters claims that Stephen Colbert’s “The Late Show” has functioned as a partisan outlet, serving as a form of “group therapy” for liberals.The analysis, which tracks guest appearances on the show since 2022, reveals a sharp imbalance in political representation, sparking renewed criticism over political bias in late-night television.Since 2022, Colbert has hosted 176 …READ MORE |
| Netflix Issues Bombshell AnnouncementNetflix co-CEO Ted Sarandos recently spoke on the growing role of artificial intelligence in entertainment, expressing optimism about its future impact on the industry.He believes that AI will not only cut production costs but also elevate the quality of movies and TV shows.According to Sarandos, AI has the potential to be more than a cost-cutting tool.In his view, it can …READ MORE |
| Trump Signs Landmark EO to Combat Major CrisisPresident Donald Trump signed an executive order on Thursday to address the growing homelessness crisis by clearing encampments and moving people into treatment centers.The directive aims to help local governments restore public order and reduce illegal squatting and loitering.The order authorizes Attorney General Pam Bondi to dismantle legal barriers that have previously blocked the removal of homeless individuals.This includes revisiting …READ MORE |
| LATEST REPORTS FOR NEWS JUNKIESTrump Admin Locates 13,000 Unaccompanied Minors, Arrests Hundreds of Sponsors: ReportThe Trump administration has reportedly located more than 13,000 unaccompanied minors who entered the U.S. illegally and were lost to government tracking under Joe Biden.The effort comes amid a sweeping overhaul of immigration enforcement, with President Donald J. Trump prioritizing the return of migrant children and illegal aliens to their countries of origin..@POTUS: Something you haven’t reported — 300,000 migrant …READ THE FULL REPORTCalifornia Medical Staffers Charged After Attacking ICE Agent During Migrant ArrestTwo California medical workers are facing federal charges after attempting to interfere with ICE agents during the lawful arrest of an illegal immigrant who fled into a surgical center in Ontario, California.Jose de Jesus Ortega, 38, and Danielle Nadine Davila, 33, have both been charged with assaulting, resisting, or impeding federal officers, the Department of Justice announced Friday.Ortega was arrested. …READ THE FULL REPORTTrump Says Supreme Court Immunity Ruling Likely Helps ObamaPresident Donald Trump said Friday that former President Barack Obama “owes me big” following the Supreme Court’s ruling affirming presidential immunity.Trump’s comments came amid renewed scrutiny of the Russia collusion hoax, which he says was masterminded by Obama during the final days of his administration.“He’s done criminal acts, there’s no question about it. But he has immunity, and it probably …READ THE FULL REPORTUS Military Kills ISIS Leader, 2 Sons, in Early-Morning Raid in SyriaThree top ISIS operatives were killed in Syria on Friday as part of an ongoing U.S. effort to prevent the terrorist group from rebuilding power in the Middle East.The raid, carried out by U.S. Central Command (CENTCOM), targeted Dhiya’ Zawba Muslih al-Hardani, a senior Islamic State leader, and his two adult sons — Abdallah Dhiya al-Hardani and Abd al-Rahman Dhiya …READ THE FULL REPORTVideo: Dog Groomer Caught on Video Punching PoochesA North Carolina pet groomer was arrested Thursday after graphic video surfaced showing her abusing multiple dogs during grooming sessions, authorities confirmed.Kirsten Rhea Taylor, 28, was charged with four felony counts of animal cruelty following a probe by the Iredell County Sheriff’s Department.MOORESVILLE, N.C. — A Mooresville pet grooming business is under investigation after videos surfaced online showing an employee …READ THE FULL REPORT |
EVOL NEWS
| Bongino Shocked over FBI’s Recent Corruption Discoveries: ‘I’ll Never be the Same’FBI Deputy Director Dan Bongino made a stunning announcement Saturday, revealing that recent discoveries about government corruption and weaponization have left him “shocked to the core.” Without naming specifics, Bongino said ongoing investigations are already underway and are being conducted “righteously and by the book.” “What I have learned in the course of our properly predicated and necessary investigations into …READ THE FULL REPORT |
| Conservative Congressman Ralph Norman Announces Run for GovernorRep. Ralph Norman, one of the most conservative voices in Congress, announced Friday he will run for governor of South Carolina in 2026. Current Governor Henry McMaster is term-limited and cannot seek re-election.Norman’s campaign told the Associated Press he plans to file official paperwork Friday, with a formal launch scheduled Sunday in Rock Hill—his home district.Unorthodox CampaignNorman, 72, has weighed …READ THE FULL REPORT |
| Trump Posts Meme of Him and Vance Chasing Obama in Cop CarsWhile visiting Scotland, Trump posted a viral meme to Truth Social mocking the former president over the ‘Russia Collusion Hoax’ — which Trump has called the biggest political scandal in U.S. history.Obama as O.J.In the meme, Obama is shown driving a white Ford Bronco, reminiscent of the infamous O.J. Simpson police chase from 1994.Chasing closely behind? Trump himself, with a …READ THE FULL REPORT |
| House to Vote on Censuring Dem Rep Charged in ICE Facility IncidentRep. Clay Higgins (R-LA) introduced a resolution to censure Rep. LaMonica McIver (D-NJ) and remove her from the House Homeland Security Committee, citing her federal indictment for allegedly assaulting ICE agents.What McIver Is Accused OfMcIver was indicted in May on three felony charges, including assaulting and interfering with federal officers during a May 9 oversight visit to the Delaney Hall …READ THE FULL REPORT |
| Popular Women-Only Dating App Hacked — Thousands of IDs and Photos LeakedA women-only app that exploded in popularity for letting users anonymously share private information about men has suffered a devastating security breach.Tens of thousands of user-uploaded images — including government IDs and selfies — have been leaked online.Hackers Leak 72,000 Images, Including ID Photos and Verification SelfiesThe breach occurred Friday morning, when hackers targeted Tea, a controversial new app that …READ THE FULL REPORT |
MICHAEL EVERY/OR PICTON/GIFFIN OR RABOBANK EXECUTIVE/COMMENTARY ON WORLDLY AFFAIRS
VICTOR DAVIS HANSON
Revenge Or Justice?
Saturday, Jul 26, 2025 – 03:10 PM
Authored by Victor Davis Hanson,
Director of National Intelligence Tulsi Gabbard just released a trove of apparently once-classified documents – with promises of much more to follow.
The new material describes the role of the Obama administration’s intelligence and investigatory directors — purportedly along with former President Barack Obama himself — in undermining the 2016 Trump presidential campaign. In addition, their efforts extended to sabotaging the 2016-2017 presidential transition and, by extension, the first three years of the Trump presidency.
The released documents add some new details to what over the last decade has become accepted knowledge.
Congressional committees, special prosecutors, and the inspectors general had all previously issued reports that largely confirmed the general outlines of the skullduggery that began in 2015-16.
Hillary Clinton’s campaign, later aided by the top echelon of the FBI, CIA, and the Director of National Intelligence, sought — falsely — to seed a narrative that Trump had colluded directly with Russia to win unfairly the 2016 election.
When that campaign gambit failed to alter the 2016 results, the Obama administration doubled down during the transition to undermine the incoming Trump presidency.
Next, Special Counsel Robert Mueller’s “all-star” legal team found no evidence of direct Trump-Putin collusion to hijack the election. But his investigation did sabotage 22 months of Trump’s first term, marked by constant leaks and hysterical rumors that Trump was soon to be convicted and jailed as a “Russian asset.”
By 2020, the frustrated intelligence agencies and former “authorities” now absurdly further lied that Hunter Biden’s incriminating laptop had “all the earmarks” — once again — of Russian interference.
So, what could be new about Gabbard’s latest release?
One, after the 2016 election of Donald Trump but before his inauguration, Obama convened a strange meeting with his outgoing intelligence and investigatory heads — CIA Director John Brennan, Director of National Intelligence James Clapper, FBI Director James Comey, National Security Advisor Susan Rice, and a few others.
Contrary to a four-year Democratic Party narrative that “18 intelligence agencies” had long claimed Russian collusion, the top directors apprised Obama that their expert colleagues had found no such evidence of Trump-Putin collusion.
Yet outgoing President Obama allegedly directed them to ignore such an assessment. Instead, they began spreading narratives that President-elect Trump had been colluding with the Russians.
Leaks followed. Media hysteria crested. And soon Mueller and his left-wing “dream team” of lawyers targeted President Trump.
Further new information may confirm that Brennan’s CIA — and those he briefed in the Oval Office — had known for some time that the Russians themselves were confused about why they were falsely being accused of colluding with Trump to rig the election.
Of course, Russian operatives, like their Chinese counterparts, often seek to cause havoc in American institutions, such as hacking emails or spreading online disinformation. But they may have been nevertheless curious why Hillary Clinton was making such false accusations that they were working directly with Trump, and why the Obama administration was acting upon them.
Obama has now claimed these new charges are outrageous and beneath the dignity of the presidency.
He did not, however, flatly contradict the new information. He should have issued an unambiguous denial that he had never ordered his intelligence chiefs in December 2016 to ignore their associates’ assessments and instead to assume Trump’s collusion with Putin.
These sustained efforts of the Clinton campaign, Obama appointees, and ex-intelligence chiefs and their media counterparts between 2015 and 2020 severely undermined the 2016 Trump campaign.
They bushwhacked the 2017 presidential transition.
They hamstrung the Trump presidency.
And they may well have hurt Trump’s 2020 election bid.
Summed up, here is the damage caused by the Trump-Putin collusion lies:
1. They emboldened “experts” in 2020 to again lie blatantly and shamelessly to the American people that the incriminating Hunter Biden laptop was yet another fake product of Russian interference to help reelect Trump.
2. The media were equally guilty. Journalists partnered with current and ex-Obama appointees by disseminating fake documents like the Steele dossier and working with giants like Twitter and Facebook. During the 2020 campaign, the FBI and social media sought to censor accurate news stories that the laptop was indeed authentic and already verified as such by the FBI.
3. These operations may have had serious consequences for U.S. foreign policy. Dictatorial Russia is an adversary of the U.S.
But by needlessly and falsely claiming that Russia had intervened in two elections directly to partner with Trump, Obama-era officials and Clinton-campaign activists destroyed President Trump’s own credibility to sustain a workable relationship with a nuclear Russia.
In addition, the lying and extra-legal operations of the FBI and CIA only further convinced the paranoid Russians that they could not trust the U.S. government — given it had been engaging in the very conspiracy lies that were more akin to its own than America’s.
Obama, Brennan, Clapper, Comey, and others will likely never face legal consequences for the damage they’ve done to our institutions and foreign policy.
But that does not mean they should be exempt from an ongoing and disinterested effort to find and finally expose the whole truth.
END
7. OIL /ENERGY ISSUES/WORLD WIDE
Oil Rips As Trump Reduces Russia’s 50-day Deadline For Peace Deal With Ukraine
Monday, Jul 28, 2025 – 09:20 AM
“I’m disappointed in President Putin,” President Donald Trump said in Scotland alongside UK Prime Minister Keir Starmer, just prior to a bilateral meeting with the European leader. He weighed in on stalled Ukraine peace, after last week’s third round of talks between the two warring countries hosted in Istanbul failed to produce tangible results, other than cementing the next round of POW swaps.
Markets and especially oil, are particularly reacting to Trump’s vow that he’ll now reduce a timetable he previously gave Putin to reach a peace deal or face massive “secondary tariffs” on Russia’s trade partners:
“I’m going to reduce that 50 days I gave him to a lesser number,” Trump said.
Recall that Trump had warned earlier this month that buyers of Russian exports would face tariffs “at about 100%” if there’s no ceasefire deal by the imposed deadline.
Oil immediately pushes upward, and keeps climbing, on the new Trump timeline issued to Putin…
However, he did not disclose a specific number of days after issuing the statement.
The initial 50-days deadline threat was declared on July 14, which would have made the deadline September 2, 2025. So Trump’s new number, though undisclosed, is a deadline now likely falling within August.
There’s really been nothing “new” in the Ukraine war, other than continuing ratcheting cross-border drone attacks by both sides. But President Putin has certainly been sending a tough message, extending the ground invasion into Sumy Oblast (more central Ukraine, beyond the Donbass) – and pummeling major cities, including Kiev, with missile and drone launches.
Trump addressed this from Scotland: “We thought we had that settled numerous times, and then President Putin goes out and starts launching rockets into some city like Kyiv and kills a lot of people in a nursing home or whatever,” he said.
“You have bodies lying all over the street,” Trump continued. “And I say that’s not the way to do it. So we’ll see what happens with that.” And more:
- TRUMP: WILL DO SECONDARY SANCTIONS ON RUSSIA UNLESS DEAL MADE
- TRUMP: WILL ANNOUNCE NEW RUSSIA DEADLINE TONIGHT OT TOMORROW
The reality which is not being addressed is that Russia has the clear upper-hand in the conflict, and looks to win this grinding war of attrition, something probably quietly admitted among Trump officials. If Zelensky still refused to even contemplate territorial concessions – and he hasn’t even offered Crimea – then Putin has little reason to put the brakes on.
Ukraine at Istanbul pressed for a long-term truce, but not based on any compromises, while Moscow has made clear it is only interested in brief multi-day pauses. Russia fears that any substantial truce without permanent settlement would only allow Ukraine to rearm and get more men to the front lines, amid Western efforts to train and equip more of the army.
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUE
THAILAND/CAMBODIA
Trump does it again: Thailand and Cambodia agree toa ceasefire following his diplomatic pressure
(zerohedge)
Thailand, Cambodia Agree To Ceasefire Following Trump’s Diplomatic Pressure
Monday, Jul 28, 2025 – 06:55 AM
Thailand and Cambodia agreed to an unconditional ceasefire to halt the deadliest border clashes in over a decade. The agreement was reached on the fifth day of fighting, or about two days after President Trump threatened to withhold trade deals from both countries unless a swift resolution was reached.
Thailand’s Acting Prime Minister Phumtham Wechayachai and Cambodian Prime Minister Hun Manet met earlier in Malaysia, in talks hosted by Prime Minister Anwar Ibrahim. Anwar facilitated a breakthrough, unconditional ceasefire deal between the two countries, which have been fighting over their highly disputed 500-mile land border.
Anwar serves as the chair of the Association of Southeast Asian Nations. Washington and Beijing both deployed envoys to support talks.
“Both Cambodia and Thailand reached a common understanding as follows: One, an immediate and unconditional ceasefire with effect from 24 hours local time, midnight on 28th July 2025, tonight,” Anwar said after the talks.
Anwar’s full transcript
Reuters noted that the U.S. and Chinese ambassadors to Malaysia attended the meeting in Putrajaya, the administrative capital, held at Anwar’s residence.
“The purpose of this meeting is to achieve an immediate ‘ceasefire’, initiated by President Donald Trump and agreed to by the Prime Ministers of Cambodia and Thailand,” Cambodian PM Hun Manet wrote in a post on X.
Over the weekend, the conflict between Thailand and Cambodia intensified, with 34 dead and more than 168,000 displaced across the 500-mile land border between the two countries.
President Donald Trump called both leaders on Saturday, warning that no trade agreements would be made with either country unless the fighting stops.
Related:
- What’s Thailand’s Endgame If Its Conflict With Cambodia Escalates Into War?
- Thailand-Cambodia Ceasefire Talks Set As Trump Threatens To Withhold Trade Deals
- Thailand Warns Border Crisis With Cambodia “Could Escalate Into War”
- Geopolitical Powder Keg Erupts: Thai F-16s Strike Cambodian Targets In Border Clash
And days later, a ceasefire was just brokered, averting what could’ve escalated into war with spillover effects in the region.
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS MONDAY MORNING 6;30AM//OPENING AND CLOSING
EURO/USA: 1.1655 DOWN 0.0079 PTS OR 79 BASIS POINTS
USA/ YEN 148.42 UP 0.890 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//END OF YEN CARRY TRADE BEGINS AGAIN OCT 2024/Bank of Japan raises rates by .15% to 1.15..UEDA ENDS HIKING RATES AND NOW CARRY TRADES RE INVENTS ITSELF//
GBP/USA 1.3419 DOWN .0004 OR 4 BASIS PTS
USA/CAN DOLLAR: 1.3722 UP 0.0037 (CDN DOLLAR DOWN 37 BASIS PTS)
Last night Shanghai COMPOSITE UP 4.28 PTS OR 0.12%
Hang Seng CLOSED UP 173.78 PTS OR 0.68%
AUSTRALIA CLOSED UP 0.33%
// EUROPEAN BOURSE: ALL GREEN
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL GREEN
2/ CHINESE BOURSES / :Hang SENG CLOSED UP 172.78 PTS OR 0.68%
/SHANGHAI CLOSED UP 4.28 PTS OR 0.12%
AUSTRALIA BOURSE CLOSED UP 0.33 %
(Nikkei (Japan) CLOSED DOWN 457.96 PTS OR 1.10%
INDIA’S SENSEX IN THE RED
Gold very early morning trading: 3335.80
silver:$38.40
USA dollar index early MONDAY morning: 98.00 UP 60 BASIS POINTS FROM FRIDAY’s CLOSE
MONDAY MORNING NUMBERS ENDS
And now your closing MONDAY NUMBERS 1: 30 AM
Portuguese 10 year bond yield: 3.111% DOWN 4 in basis point(s) yield
JAPANESE BOND YIELD: +1.574% DOWN 2 FULL POINTS AND 60/100 BASIS POINTS /JAPAN losing control of its yield curve/
SPANISH 10 YR BOND YIELD: 3.327 UP 0 in basis points yield
ITALIAN 10 YR BOND YIELD 3.533 DOWN 6 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.680 DOWN 5 BASIS PTS
IMPORTANT CURRENCY CLOSES : MID DAY MONDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.1632 DOWN 0.01017 OR 101 basis points
USA/Japan: 148.21 UP 0.676 OR YEN IS DOWN 68 BASIS PTS//
Great Britain 10 YR RATE 4.6420 DOWN 1 BASIS POINTS //
Canadian dollar DOWN .0038 OR 38 BASIS pts to 1.3724
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The USA/Yuan CNY UP AT 7.1749 CNY ON SHORE ..
THE USA/YUAN OFFSHORE UP TO 7.1693
TURKISH LIRA: 40.56 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//
the 10 yr Japanese bond yield at +1.574
Your closing 10 yr US bond yield UP 2 in basis points from FRIDAY at 4.415% //trading well ABOVE the resistance level of 2.27-2.32%)
USA 30 yr bond yield 4.959 UP 2 in basis points /11:00 AM
USA 2 YR BOND YIELD: 3.930 UP 1 BASIS PTS.
GOLD AT 11;00 AM 3317.60
SILVER AT 11;00: 38.03
Your 11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: MONDAY CLOSING TIME 11:00 AM//
London: CLOSED DOWN 38.87 PTS OR 0.43%
GERMAN DAX: DOWN 247.14 pts or 1.02%
FRANCE: CLOSED DOWN 33.70 pts or 0.43%
Spain IBEX CLOSED DOWN 17.10 pts or 0.12%
Italian MIB: CLOSED UP 6.08 or 0.01%
WTI Oil price 66.74 11.00 EST/
Brent Oil: 69/85 11:00 EST
USA /RUSSIAN ROUBLE /// AT: 80.40 ROUBLE DOWN 1 AND 00/ 100
CDN 10 YEAR RATE: 3.531 UP 1 BASIS PTS.
CDN 5 YEAR RATE: 3.085 DOWN 1/2 BASIS PTS
CLOSING NUMBERS: 4 PM
Euro vs USA 1.1591 DOWN 0.1419 OR 142 BASIS POINTS//
British Pound: 1.3393 DOWN .0063 OR 63 basis pts/
BRITISH 10 YR GILT BOND YIELD: 4.6470 UP 2 FULL BASIS PTS//
JAPAN 10 YR YIELD: 1.560 DOWN 4 FULL BASIS PT
USA dollar vs Japanese Yen: 148/54 UP 1.006 BASIS PTS
USA dollar vs Canadian dollar: 1.3735 UP 0.0049 BASIS PTS// CDN DOLLAR DOWN 49 BASIS PTS
West Texas intermediate oil: 66.84
Brent OIL: 70.13
USA 10 yr bond yield UP 3 BASIS pts to 4.415
USA 30 yr bond yield UP 3 PTS to 4.960%
USA 2 YR BOND: UP 1 PTS AT 3.928%
CDN 10 YR RATE 3.535 UP 1 BASIS PTS
CDN 5 YEAR RATE: 3.076 DOWN 0 BASIS PTS
USA dollar index: 98.41 UP 100 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 40.56 GETTING QUITE CLOSE TO BLOWING UP/
USA DOLLAR VS RUSSIA//// ROUBLE: 83.10 UP 3 AND 70/100 roubles OUCH//
GOLD $3314.60 (3:30 PM)
SILVER: 38.11 (3:30 PM)
DOW JONES INDUSTRIAL AVERAGE: DOWN 64.36 OR 0.14%
NASDAQ 100 UP 84.02 PTS OR 0.36%
VOLATILITY INDEX: 15.22 UP 0.28 PTS OR 1.94%
GLD: $ 305.41 DOWN .199 PTS OR 0.65%
SLV/ $34.60 UP 0.02 PTS OR OR 0.058%
TORONTO STOCK INDEX// TSX INDEX: CLOSED DOWN 98.01 PTS OR .36%
end
TRADING today ZEROHEDGE 4 PM: HEADLINE NEWS/TRADING
Dollar Rips, Gold Dips On Trade-Deals; Momo, Memes, & ‘Most Shorted’ Dump Into Crazy Week
Monday, Jul 28, 2025 – 08:00 PM
A deal with the EU and delayed escalation with China (lower trade policy uncertainty) would appear to be a positive for markets…
Source: Bloomberg
…but while stocks initially surged overnight on the news, the day session saw selling and reversion to a nothingburger for most of the majors. Nasdaq managed to outperform ahead of the Fab 4 earnings this week…
One thing is clear, the market appears to believe this is a bad deal for EU as today was the worst day for the euro since May 12th…
Source: Bloomberg
Perhaps the lack of movement in US stocks is due to the reign of terror due for the rest of the week from Mag7 earnings to PCE and Payrolls, the FOMC (and the tariff pause deadline)…
Source: Bloomberg
Dealers are flat / long gamma until -2% and they become increasingly short gamma as the index moves higher.
This means that – if markets move higher – dealers will chase the market & give further fuel to an upward move.
Source: Goldman Sachs
Momentum stocks continued Friday’s freefall…
Source: Bloomberg
Meme stocks also tumbled extending the losses from last week…
Source: Bloomberg
‘Most Shorted’ stocks fell for the third day in a row…
Source: Bloomberg
But, one big thing of note is that, outside of the pandemic boom, this has been the best 3 months for heavily shorted stocks…
Treasuries were mixed today with the short-end outperforming as overnight strength was sold into during the US session (30Y +3bps)…
Source: Bloomberg
And it’s pretty clear that the market expects no rate-cut from Powell this week (though they are starting to discuss the possibility of two dissents – something that hasn’t happened since 1993… group-think much?)…
Source: Bloomberg
The dollar surged (on EUR weakness) as trade deals got done…
Source: Bloomberg
Crude prices soared almost 3% today as Trump threatened Putin with earlier and tougher sanctions…but in context of the post Israel-Iran puke, this was modest…
Source: Bloomberg
Gold was dumped today, breaking below its key (50DMA) technical level…
Source: Bloomberg
Crypto was also sold today with Bitcoin testing new record highs before diving back to a $117k handle (and bouncing back above $118k)…
Source: Bloomberg
Finally, we are back to a ‘good news is good news’ market…
Source: Bloomberg
…for now.
USA DATA RELEASES
Dallas Fed Manufacturing Survey Soars As Respondents Demand “Lower Interest Rates Now”
Monday, Jul 28, 2025 – 12:05 PM
Texas factory activity picked up notably in July, according to business executives responding to the Texas Manufacturing Outlook Survey.
The production index, a key measure of state manufacturing conditions, jumped 20 points to 21.3, its highest reading in more than three years and its biggest MoM jump since March 2021…
New Orders, Shipments, and Capacity Utilization all saw improvements month over month with labor market measures also suggesting an improvement in employment and work hours.
Current inflation views declined (but notably pries received are well below prices paid suggesting margin pain)…
But looking ahead, inflation expectations are rising…
Tariffs were, obviously, an often mentioned topic:
- Recent tariff announcements to countries where we purchase raw materials and packaging supplies will strain our operations and result in price increases, potentially leading to decreased demand.
- Tariffs [are an issue of concern].
- Tariff impacts continue to hurt our overall business and profitability.
- Tariffs. Tariffs. Tariffs. Did I mention Tariffs?
- The tariff matters continue to cause major uncertainty. It is impossible to plan. It is causing uncertainty throughout the supply chain.
- We are starting to see vendors and suppliers pass on more price increases, with “tariffs” being the explanation.
But for some , there was a renewed optimism as uncertainty declines:
- We are starting to see orders roll in at a much higher rate than we have in previous months.
- In many respects, we seem to be kicking the same can down the same proverbial road, but I, personally, feel like I see the light at the end of the tunnel.
- We build machines (capital equipment) in five segments: oil and gas, defense, marine, hydropower and nuclear power. All of these segments are spending money, and the vibe is positive.
- Capital is being spent to add product offerings to increase business activity
We give the final word to a ‘Computer and electronic product manufacturing’ business owner who said:
“Please lower interest rates now, like other countries are doing.”
Don’t hold your breath for anything this week!
USA ECONOMIC NEWS
Seems that everybody in the USA is against Powell:
“What The F*ck!”: Jim Cramer Snaps On Live Television As Rate Cut Frustration Boils Over
Monday, Jul 28, 2025 – 09:55 AM
As most Zero Hedge readers already know, there’s been mounting controversy over the Federal Reserve’s decision to hold interest rates where they are as the rest of the world lowers rates, with some critics alleging that Chair Jerome Powell is intentionally keeping policy tight as political retaliation against Donald Trump.
Since Trump’s presidency and into his return, tensions have surged—Trump has publicly accused Powell of “playing politics” and using tariff-induced inflation as an excuse to delay rate cuts.
This debate spilled into the mainstream this morning on CNBC, where panelists talked about domestic growth and rates, leading frustration to apparently spill over with Jim Cramer. “Our biggest problem is we have so much growth that the Fed won’t cut…what the f*ck…” Cramer said on live television, before apologizing to viewers.
“Jesus Christ,” someone is heard saying in reaction to the comment, as the profanity became contagious.
It’s just our speculation, but it appeared he could have been launching into the question: “What the f*ck is the Fed doing?”
Cramer quickly apologized on his Twitter for the outburst:
Donald Trump has spent much of 2025 openly criticizing Powell, often using unusually personal language. He has repeatedly labeled Powell “Mr. Too Late” for holding off on interest rate cuts, and has taken to Truth Social to call him a “numbskull” and even a “Total and Complete Moron.”
At various points, Trump has suggested he would “love” for Powell to resign, while also floating the idea of firing him outright. Reports have indicated that Trump even asked Republican lawmakers whether he should remove Powell, and at one point a draft dismissal letter was said to have been prepared—though Trump ultimately backed away, citing potential market disruption.
This moment seemed to capture a no‑holds‑barred eruption of frustration over the Fed’s unwillingness to cut rates. It appears that Cramer’s outburst—fleeting though it was—underscores just how pervasive that industry-wide irritation has become.
The Fed’s pledge to remain independent, while central to its credibility, is being increasingly interpreted—not as prudence—but as defiance amid political animus. And when someone like Cramer, whose primary platform thrives on bullish optimism, resorts to that language live on air, it suggests the frustration is crossing from whispered boardroom chatter into public outrage.
So, Jerome… the question stands: what the f*ck are you doing?
END
“I Gotta Own It”: Bill Maher Admits He Was Dead Wrong About Trump Tariffs, ‘Does Not See A Country In Depression’
Monday, Jul 28, 2025 – 03:40 PM
Left wing comedian Bill Maher admitted on Monday that he was dead wrong about the effect of President Trump’s tariffs – saying in an episode of his “Club Random“podcast that while many economists predicted tat Trump’s tariffs would immediately lead to inflation, he was among the doomsayers who were wrong.
“I remember I, along with probably most people, were saying at the beginning, ‘Oh, you know, by the 4th of July’ — somebody had a thing – how the economy was going to be tanked by then,” said Maher during a discussion with vapid parrot Brian Tyler Cohen. “And I was kind of like, ‘Well, that seems right to me.’ But that didn’t happen. Now, it could happen tomorrow. I’m just saying that’s reality.”
“[T]he truth is, I don’t know what his strategy is. But look, the stock market is at record highs. I know not everybody lives by the stock market, but I also drive around,” he added. “I don’t see a country in a depression at all. I see people out there just living their lives. And I would have thought – and I gotta own it – that these tariffs were going to fucking sink this economy by this time — and they didn’t.”
As the Daily Caller notes further; Along with the strong stock market performance that Maher mentioned, manufacturing output also increased 0.1% in June after an upwardly revised 0.3% increase in May, the Federal Reserve Board reported on July 16. Moreover, U.S. jobless claims for the week ending July 19 sank by 4,000, marking a sixth consecutive week of decline and a three-month low, Reuters reported.
U.S. retail sales growth also rebounded more than anticipated in June, climbing 0.6%, according to advance estimates from the U.S. Census Bureau released July 17.
Furthermore, Trump has announced major trade deals during his second term, including with the European Union, Japan and the Philippines.
END
VICTOR DAVIS HANSON//
USA NEWS/ANTISEMITISM..
KING NEWS
| The King Report July 28, 2025 Issue 7542 | Independent View of the News |
| On Sunday, Trump and EU Chief Ursula von der Leyen, meeting at DJTs Turnberry golf club in Scotland, heralded an agreement to a landmark US-EU traded deal. Vonder Leyen claimed the trade deal will bring stability. The US will levy 15% tariffs on EU goods, except on pharmaceuticals. The EU will buy US military equipment and $750 billion of energy. The EU will invest $600 billion in the USA. The EU will place 0% tariffs on US goods, ex 15% on cars. FT says EU elites are furious with the deal. Vonder Leyen: “We have a trade deal between the two largest economies in the world — and it’s a big deal. It’s a huge deal.” Trump’s Aug. 1 tariff deadline is set in stone, Lutnik says: ‘No extensions, no more grace periods’ https://t.co/LPEQX75atO ESUs traded moderately higher when the Nikkei opened on Friday. They then rallied sharply, hitting a daily high of 6421.75 on buying for the Friday Rally and general bullishness. Alas, sellers appeared; ESUs did an A-B-C decline to a daily low of 6421.25 at 4:19 ET. ESUs then traded in a 9-handle range until they broke higher at 10:30 ET. ESUs rallied, with only three modest consolidations, to a daily high of 6431.00 at 15.20 ET. After a slow rollover, the late decline we warned about in Friday’s missive appeared. ESUs sank to 6421.35 at 15:55 ET. In late afternoon trading, ESUs inched higher, making several minor new highs. But there was NO enthusiastic buying. It looked like traders forced ESUs higher but the enticed few patsies. Trump forecasts ‘50-50 chance’ for EU trade deal, lower chance with Canada — and floats ‘rebate’ for some Americans https://trib.al/aYKI1BM Charlie Kirk on housing problem: “One out of four all home purchases in the last year were out of these firms like BlackRock… When I do my campus tours, … they say when are we gonna stop BlackRock from be able to… purchase homes in our area…” https://x.com/FreyjaTarte/status/1949081151756198272 Positive aspects of previous session The DJIA and DJTA rallied moderately. The S&P 500 Index and Nasdaq hit all-time highs. USUs rallied 13/32; gold declined smartly; the dollar rallied moderately. Negative aspects of previous session Fangs were soft when they should have been strong for coming results. Ambiguous aspects of previous session Will Fang/Mag 7 buying for results create an equity top? First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Up; Last Hour: Down Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 6384.33 Previous session S&P 500 Index High/Low: 6395.82; 6368.53 FBI Deputy Director Bongino vows to reveal ‘truth’ in cryptic social media post “During my tenure here as the Deputy Director of the FBI… What I have learned in the course of our properly predicated and necessary investigations into these aforementioned matters, has shocked me down to my core. We cannot run a Republic like this. I’ll never be the same after learning what I’ve learned.”… https://www.foxnews.com/us/fbi-deputy-director-bongino-vows-reveal-truth-cryptic-social-media-post US economic data quality a worry, authorities not acting urgently enough, experts say Risks to the quality of official U.S. economic data – long seen as the gold standard – are worrying 89 of 100 top policy experts polled by Reuters, with most also concerned that the authorities are not addressing the issue urgently enough. A decline in official survey participation rates and recent deep staff cuts at statistical agencies risk undermining the reliability of data that policymakers, companies and even households rely on to make decisions… https://www.reuters.com/business/us-economic-data-quality-worry-authorities-not-acting-urgently-enough-experts-2025-07-25/ We have inveighed against US economic data for over 30 years. People are finally ‘getting it.’ The worst data is the CPI because the government needs the Fed to paper over its profligate spending that buys votes and facilitates the skim. US Secretary of State Rubio: Maduro is not the President of Venezuela and his regime is not the legitimate government. Maduro is the leader of the designated narco-terrorist organization Cartel de Los Soles, and he is responsible for trafficking drugs into the United States and Europe. Maduro, currently indicted by our nation, has corrupted Venezuela’s institutions to assist the cartel’s criminal narco-trafficking scheme into the United States… https://www.state.gov/releases/office-of-the-spokesperson/2025/07/standing-with-the-venezuelan-people-one-year-after-yet-another-sham-election/ Treasury Department @USTreasury: Today, the Department of the Treasury’s Office of Foreign Assets Control sanctioned the Cartel de los Soles as a Specially Designated Global Terrorist. Cartel de los Soles is a Venezuela-based criminal group headed by Nicolas Maduro Moros and other high-ranking individuals in the Maduro regime that provides material support to foreign terrorist organizations. Trump on Sunday: “Iran says it wants to continue enrichment, who says that? How stupid do you have to be to say that? We’re not going to let it happen.” “We provided $60 million…to Gaza last week, we never got a thank you…Hamas is steeling everything.” @EYakoby: Speaker Johnson: “Israel has allowed 94,000 truckloads of food into Gaza—enough to feed 2 million people for two years—while Hamas has profited $500 million from stolen aid.” @Osint613: Mossad: “The people of Iran deserve a different leadership.” “Now is your time.” In his zeal to garner the Nobel Prize for Peace, DJT halted US and Israel operations on Iran too soon. China, US to extend tariff pause at Sweden talks by another 90 days: sources per SCMP https://www.scmp.com/economy/china-economy/article/3319604/china-us-extend-tariff-pause-sweden-talks-another-90-days-sources China’s industrial profits fall further in June (Excess capacity, beaucoup debt, and US tariffs) Profits at China’s industrial firms fell 4.3% in June from a year earlier, following a decline of 9.1% in May, while first-half profits were down 1.8% versus a slide of 1.1% in the period from January to May, National Bureau of Statistics data showed…State-owned firms recorded a 7.6% decline in profits in the first half. Private-sector companies reported a rise of 1.7% while foreign firms logged a 2.5% gain, the data showed… https://www.reuters.com/world/china/chinas-industrial-profits-fall-further-june-2025-07-27/ Trump says US is close to reaching a trade deal with China https://t.co/0j1UF5WS59 EU Slashes $1.7BN In Aid to Ukraine Over Corruption Concerns: ‘Exasperation from Biggest Donors’ https://t.co/TagzUgE61h @GlobalMktObserv: Big Tech has never been bigger. Technology stocks now account for 46% of the S&P 500. At the 2000 peak, that figure was just 33%. The top 5 names now reflect 27% of the S&P 500 index and 52% of the Nasdaq 100. @Barchart: Warren Buffet Indicator (Wilshire 5000 to US GDP) jumps to most expensive stock market valuation in history, surpassing the Dot Com Bubble and the Global Financial Crisis https://x.com/Barchart/status/1948825383698125217/photo/1 The Warren Buffett Indicator was the ratio of US stocks to GNP. When the US turned into a debtor nation in 1987, US officials junked GNP for GDP to obfuscate US indebtedness to others. The S&P 500 Index has formed a gigantic ‘Rising Wedge’ formation. Long-time readers know that we have called this configuration ‘a most dangerous pattern.’ Stocks must break out of the wedge and go parabolic, or collapse. https://x.com/Mr_Derivatives/status/1948786776321261879/photo/1 Jeff Bezos has now sold around $5.7B in Amazon shares since his wedding in June https://t.co/9dEH5kt4tU Fed gets fresh legal headache with lawsuit seeking to make FOMC rate meetings public The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. Azoria Capital’s lawsuit asks the court to issue a temporary restraining order compelling the Fed’s Federal Open Market Committee (FOMC) to open its deliberations to the public starting Tuesday and Wednesday… (Hearing Monday at 2PM ET) https://finance.yahoo.com/news/fed-gets-fresh-legal-headache-with-lawsuit-seeking-to-make-fomc-rate-meetings-public-134338644.html Today – This is Fed Week and the peak of Fang/Mag 7 earnings results. There is no impact earnings or economic data scheduled. Now, Powell and Fed leftists have no tariff excuse to not cut rates. (should transition to bubble excuse) There could be panic short covering and rabid momentum buying. The S&P 500 Index all-time, and Friday, high is 6395.82. The usual suspects will utilize the upward bias for Monday to orchestrate a move above 6400. If a move above 6400 does NOT generate enthusiastic buying, traders will dump and try the ploy later. ESUs are +22.50; NQUs are +112.25; USUs are -5/32; and gold is -0.30 at 20:05 ET. S&P Index 50-day MA: 6089; 100-day MA: 5820; 150-day MA: 5878; 200-day MA: 5887 DJIA 50-day MA: 43,255; 100-day MA: 42,133; 150-day MA: 42,637; 200-day MA: 42,833 (Green is positive slope; Red is negative slope) S&P 500 Index (6388.64 close) – BBG trading model Trender and MACD for key time frames Monthly: Trender and MACD are positive – a close below 5447.29 triggers a sell signal Weekly: Trender and MACD are positive – a close below 5890.09 triggers a sell signal Daily: Trender is positive; MACD is negative – a close below 6289.19 triggers a sell signal Hourly: Trender and MACD are positive – a close below 6374.45 triggers a sell signal @MikeBenzCyber: Crowdsourcing this, since it seems like the single most important document in the whole Russiagate affair. Question is: Have John Brennan’s handwritten notes from this August 2016 meeting ever been fully declassified & published unredacted? Were they in the 2025 Russiagate drops? “Cite alleged approval by Hillary Clinton on July 28 of a proposal from one of her foreign policy advisors to vilify Donald Trump by stirring up a scandal claiming interference from the Russian security services.” — CIA Director John Brennan, 3 months before he ran Russiagate… https://x.com/MikeBenzCyber/status/1949327573600575804 @SmartMaticEng: On July 26th, HRC approved the Russiagate hoax. The groundwork had already been laid. Also, on July 26th, Alexander Downer requested an in-person meeting with FBI to describe his meeting with George Papadopolous. July 28th, Brennan (CIA) briefs Obama about Clinton’s plan. July 28th, Michael Gaeta (FBI) sends the Steele Dossier to ASAC NY. July 29, Michael Sussman (Perkins Coie) meets with Marc Elias (HRC General Counsel) and Glenn Simpson (Fusion GPS) with the billing description “meeting regarding confidential project.” July 30th, Bruce and Nellie Ohr (DOJ) meet with Christopher Steele. July 31st, Crossfire Hurricane (FBI) is officially opened. August 1st, Peter Strzok and Joseph Pientka travel to meet Alexander Downer in London What else was going on at this time? The DNC convention. From July 26th to July 28th, Jennifer Palmieri and Jake Sullivan took a golf cart around the Wells Fargo Center in Philadelphia, pitching the Russian collusion story to reporters. As she says herself in this op ed from 2017 https://web.archive.org/web/20170324182947/https://www.washingtonpost.com/posteverything/wp/2017/03/24/the-clinton-campaign-warned-you-about-russia-but-nobody-listened-to-us/ Interestingly enough, she claims then that “We did not know, as FBI Director James B. Comey told Congress this past week, the bureau had already opened an investigation into Russian interference — and into possible links between Trump’s associates and the Russian government”. Which is curious, considering that the purported opening of the investigation happened simultaneously, not before… https://x.com/SmartMaticEng/status/1949337395729510592 @paulsperry_: Senate Intel ranking Dem Mark Warner turned away an intel analyst who worked on the ICA & approached his office “numerous times” to blow whistle on CIA Dir Brennan juicing bad intel on Russia and Trump, but Warner refused to even give him email address to send evidence. Handwritten notes CIA Director John Brennan took during an Aug. 3, 2016 meeting in the White House with President Obama and FBI Director James Comey indicate that Obama tasked them to find “any evidence of collaboration between Trump campaign and Russia.” @HansMahn>https://www.wsj.com/politics/elections/democratic-party-poll-voter-confidence-july-2025-9db38021?st=YbBBWg On Friday, Trump’s response to an Epstein question: “You ought to be talking about Bill Clinton, who went to the island 28 times. I never went to the island.” https://x.com/kylenabecker/status/1948756013571604695 Trump then said a former President of Harvard and hedge fund executives are on the list. https://x.com/DC_Draino/status/1948765001235231050 Trump stuns reporters on Epstein: ‘I’ll give you a list’ President Trump stunned reporters Friday by offering them “a list” of Jeffrey Epstein associates and telling them he hasn’t thought about whether or not he will pardon the dead pedophile’s co-conspirator Ghislaine Maxwell… https://trib.al/cCZtaAE @rawsalerts: According to her attorney, Ghislaine Maxwell has supplied the Department of Justice with information on approximately 100 individuals linked to Jeffrey Epstein. @ABC: Ghislaine Maxwell, who sources told ABC News initiated the meetings with the Department of Justice, answered questions for about nine hours over two days after being granted a limited form of immunity, the sources said. Secretary Marco Rubio @SecRubio: The United States strongly rejects @EmmanuelMacron’s plan to recognize a Palestinian state at the @UN general assembly. This reckless decision only serves Hamas propaganda and sets back peace. It is a slap in the face to the victims of October 7th. @Osint613: Trump: “Hamas didn’t really want to make a deal. I think they want to die…” “It got to a point where you are going to have to finish the Job…” https://x.com/Osint613/status/1948745931245191187 LA Mayor Karen Bass’s history shows she is tied closely to communists. Karen Bass Raked in Cash from Chinese Intel-Tied Bankers Before Hiring Them Los Angeles Mayor Karen Bass’ transition advisory team enlisted two Chinese intelligence-tied bankers who have fundraised for her and a nonprofit she helps lead, a Daily Caller News Foundation investigation discovered. Bass appointed Dominic Ng, CEO of East West Bank, and Simon Pang, co-founder of Royal Business Bank, to her mayoral transition advisory team in December 2022, according to the City of Los Angeles. In total, Ng, East West Bank and Pang have donated upwards of $1 million to Bass’ mayoral campaign and the Mayor’s Fund for Los Angeles, where Bass serves as an advisor to the board of directors, according to the nonprofit… https://dailycaller.com/2025/07/25/exclusive-karen-bass-cash-campaign-chinese-intel-tied-bankers/ @axios: The artist behind Michelle Obama’s portrait pulled her show from the National Portrait Gallery, alleging the museum wanted to remove her painting that depicts the Statue of Liberty as a transgender woman from the exhibition. https://www.axios.com/2025/07/24/amy-sherald-national-portrait-gallery @DeAngelisCorey: The nation’s largest teachers union just scrubbed their 2025 handbook from their website… The National Education Association handbook says, “educators must acknowledge the existence of white supremacy culture as a primary root cause of institutional racism, structural racism, and white privilege.” “Educators must also work to prohibit institutionally racist systems… The National Education Association believes that, in order to achieve racial and social justice for descendants of formerly enslaved peoples, educational reparations must be made.”… The National Education Association’s handbook basically erases Jews from the Holocaust… https://x.com/DeAngelisCorey/status/1948788121379676606 @FreyjaTarte: Victor Davis Hanson tells the truth behind Biden’s $10 million memoir deal, pointing out it’s a sham considering his inability to write it himself, and the left-wing publishing industry’s bias, comparing it with the Obamas’ $60 million deal. https://x.com/FreyjaTarte/status/1949097069014036883 Dem Rep. Rashida Tlaib beating a metal food container with a big spoon on the Capitol steps as an imbecilic protest over something. Dems current playbook: copious profanity, noise, venomous rhetoric, DJT hate. https://x.com/angrifrog/status/1949136197244145966 Trump demands Kamala Harris, Beyoncé, Oprah be prosecuted over 2024 campaign payouts: ‘Totally illegal’ https://trib.al/W7pSjk0 Donald J. Trump Truth Social 07.26.25 07:45 PM ET: … Eleven Million Dollars to singer Beyoncé for an ENDORSEMENT (she never sang, not one note, and left the stage to a booing and angry audience!), Three Million Dollars for “expenses,” to Oprah, Six Hundred Thousand Dollars to very low rated TV “anchor,” Al Sharpton (a total lightweight!), and others to be named for doing, absolutely NOTHING! These ridiculous fees were incorrectly stated in the books and records. YOU ARE NOT ALLOWED TO PAY FOR AN ENDORSEMENT. IT IS TOTALLY ILLEGAL TO DO SO. Can you imagine what would happen if politicians started paying for people to endorse them. All hell would break out! Kamala, and all of those that received Endorsement money, BROKE THE LAW. They should all be prosecuted! Donald J. Trump Truth Social 07.26.25 08:14 PM ET: Networks aren’t allowed to be political pawns for the Democrat Party. It has become so outrageous that, in my opinion, their licenses could, and should, be revoked! MAGA Reason 132 to despise the media: CBS to discredit Ghislaine Maxwell cited the ex-DoJ Pardon Attorney, Liz Oyer, without mentioning that Trump fired her. She has regularly slammed DJT since then. Liz Oyer, who had served as the pardon attorney since 2022 in a career Justice Department position, was fired “effective immediately,”… https://www.timesnownews.com/world/us/us-news/who-is-liz-oyer-and-why-donald-trump-fired-the-us-pardon-attorney-article-118795938 WaPo on May 1: Liz Oyer, the Justice Department’s recently fired pardon attorney, made a staggering claim on social media this week: President Donald Trump’s pardons of people convicted of white-collar crimes have cost Americans $1 billion. CBS: Former Justice Dept officials questions Trump Admin interviews with Ghislaine Maxwell Elziabeth Oyer… “It’s hard to really believe that the Justice Department would rely on anything that she might have to say.”… https://t.co/7a3c3v6ny7 GOP Sen. @SenTomCotton: James Comey’s bias against President Trump calls into question everything he did as FBI Director. I’m working with Kash Patel on a full review of every FBI action Comey carried out during his tenure as director. https://x.com/SenTomCotton/status/1949132036263817394 @DailySignal: Trump’s Brilliant Strategy to Solve the Homelessness Crisis in Blue Cities @POTUS’ executive order to make streets safer in blue states by redirecting funding to send homeless individuals to treatment facilities. “I think we all know that this is a blight, and it’s not just a blight for people who want to enjoy our cities. It’s also a blight for those people who are there on the streets who should have a better quality of life than this.” https://x.com/DailySignal/status/1949534068925669695 @Geiger_Capital: (Probable NYC Mayor) Zohran Mamdani wants to “ban all guns” and “defund the police”, and then flys to Uganda for his wedding celebration guarded by masked special forces at his family’s multi-million-dollar compound. As always… Socialism for thee, not for me. Inside Zohran Mamdani’s posh multi-day Uganda wedding bash with phone jamming system, armed guards https://trib.al/1pOR4v2 @bonchieredstate: Mamdani has talked about “stolen land” before. He loves to make assertions about supposed colonialism. Is his Indian family indigenous to Uganda? Why aren’t they giving their land back? Kind of telling how much he likes capitalism and colonialism when it benefits him. @SethBarronNYC: Zohran Mamdani welcomed Uganda dictator Yoweri Museveni as a guest at his wedding. Museveni is condemned by major human rights orgs for his brutal anti-LGBT policies, including the death penalty for those guilty of “aggravated homosexuality.” https://t.co/5OIFIlyaTX @EndWokeness: Dem Rep and Somali Ilhan Omar mocks “American stupidity” – United States average IQ: 100 Somalia average IQ: 67 https://t.co/0pS81ujd6i @libsoftiktok: Meet Alachua County School Board Chair Sarah Rockwell. She celebrated Hulk Hogan’s death and wrote “Good. One less MAGA in the world.” This person is in charge of children’s education. Any comment @AlachuaSchools?? https://t.co/Vd0OzOgxl6 Colbert’s left-wing ‘Late Show’ became ‘therapy’ session for liberals: study. Today’s Cover here: Hosted 176 Lefties, 1 GOPer https://trib.al/9viZ6ju (Only 200 pro-Colbert protestors at rally per NYP) @JackPosobiec: The FBI ran a covert op in the 90s called Patriot Conspiracy – PATCON formed fake white militias to entrap unwitting civilians in violent crimes, and a whistleblower claimed one was Oklahoma City. Who ran the OKC investigation for Reno? Merrick Garland Disturbing video shows woman knocked out cold by jeering crowd in wild Cincinnati street brawl (Legacy media mum; not their preferred narrative) https://nypost.com/2025/07/27/us-news/disturbing-video-shows-woman-knocked-out-cold-by-jeering-crowd-in-wild-cincinnati-street-brawl/ @AAGDhillon: Our federal hate crimes laws apply to ALL Americans. We @CivilRights will monitor closely how local authorities handle this attack. Nobody in our great nation should be the victim of such a crime, and where race is a motivation, federal law may apply. @bennyjohnson: This is Derrick Perry. The man who helped put an end to a mass stabbing inside a Walmart in Traverse City, Michigan. He held the attacker at gunpoint until police arrived. Hero. https://x.com/bennyjohnson/status/1949537120638709957 Elite police squad to monitor anti-migrant posts on social media (It’s “1984” in the UK!) Concerns for free speech mount as Home Office creates team to flag signs of potential unrest https://www.telegraph.co.uk/politics/2025/07/26/elite-police-unit-to-monitor-online-critics-of-migrants/ John Kass: Barack began strangling the republic years ago, just about the time the media began treating him as a mythological creature. They lost all credibility about him. And he took that journalistic adoration, turned it and killed legacy media, too… I was a reporter and lead columnist at the Chicago Tribune for some 40 years, that is until leftist billionaire George Soros showed the Tribune and me that Soros was boss. And I witnessed firsthand all the reporters wiggling like puppies, all but soiling the carpets at Obama’s approach… They wanted to love him too. He was their fantasy black politico. There was no way they could have been objective about him, any more than a child could be objective about their first pony… My brother Nicholas is the acting chairman of the National Intelligence Council. He served 31 years at CIA, the State Department, the White House and other postings before he retired… He for years has loathed the Deep State. He began studying the Deep State during his service in Ankara where it began. He knows better than most that the Deep State cannot warp a nation without help from national media… If anyone wants to trace the Decline of Trust in Legacy Media, it begins with the media love showered upon Barack Obama… https://johnkassnews.com/when-obama-began-strangling-the-republic-by-the-book-part-ii/ Andrea Mitchell (NBC) and John Karl (ABC) see no evil in Tulsi Gabbard’s Obamagate documents. “A stupid man’s report of what a clever man says is never accurate, because he unconsciously translates what he hears into something that he can understand.” – Bertrand Russell Justice Dept. shuts down dark child abuse websites that had 120,000 members and millions of files https://www.cbsnews.com/news/justice-dept-shuts-down-dark-child-abuse-websites/ | |
SWAMP STORIES FOR YOU TONIGHT
More Russia Hoax Evidence Set To Drop, Directly Implicating Hillary Clinton’s Role
Monday, Jul 28, 2025 – 10:30 AM
Authored by Matt Margolis via PJMedia.com,
CIA Director John Ratcliffe revealed Sunday that explosive new evidence tied to the Russia collusion hoax is about to be declassified—and it points directly at Hillary Clinton and key Obama-era intelligence officials.
During an appearance on “Sunday Morning Futures” with Maria Bartiromo on Fox News, Ratcliffe confirmed that the classified annex to Special Counsel John Durham’s report will soon be made public, and what it contains could dramatically shift the narrative on the origins of Crossfire Hurricane.
“And what that intelligence shows, Maria, is that part of this was a Hillary Clinton plan, but part of it was an FBI plan to, uh, be an accelerant to that fake Steele dossier, to those fake Russia collusion claims by pouring oil on the fire, by amplifying the lie and burying the truth of … what Hillary Clinton was up to,” Ratcliffe said.
This comes on the heels of fresh scrutiny over former CIA Director John Brennan, Director of National Intelligence James Clapper, and FBI Director James Comey, all of whom, according to Ratcliffe, knowingly pushed a false narrative into official intelligence assessments.
“What hasn’t come out yet—and what’s going to come out—is the underlying intelligence that I have spent the last few months making recommendations about for final declassification,” Ratcliffe explained. “That will come out in the John Durham report classified annex.”
If accurate, this revelation would confirm what conservatives have long suspected: that the Clinton campaign not only fabricated the Russian collusion story but had help from deep-state operatives inside the federal government.
“And much of that testimony is frankly completely inconsistent with what our underlying intelligence… reflects,” he added, referring to sworn statements given by Brennan, Clinton, and Comey between 2020 and 2022.
Ratcliffe emphasized that this was not just a political hit job against Trump—it was a coordinated effort to manipulate both the intelligence community and the public.
“You know, Pam Bondi does have a strike force. It is a different Department of Justice, a different FBI, and an opportunity to look at how these people really did conspire to run a hoax, a fraud on the American people, and against Donald Trump’s presidency.”
Despite predictable pushback from Democrats and legacy media dismissing renewed investigations as “revenge” or “retribution,” Ratcliffe said it’s clear why the public supports these efforts.
“They said to everyone, ‘We know what you did to Donald Trump, and we reelected him because we know this was all fake. We know it was a hoax. Now we want to understand how you did it so that it can’t happen again.’”
“This declassification process… is so important,” Ratcliffe continued.
“There can be accountability and preventability to prevent the same people that did it in 2016 with the Steele dossier, with the Hunter Biden laptop in 2020, from doing it again in the future.”
In short, the hoax that consumed years of Trump’s first presidency may finally be fully exposed—and Hillary Clinton’s role in launching it, with FBI help, will no longer be shielded by redactions or media deflection.
Investigative reporter Paul Sperry revealed similar news on X Sunday morning:
GREG HUNTER INTERVIEWING DR BETSY EADS
PLEASE LISTEN TO THIS TAPE!!
Going to See A Lot of Death & Democide – Dr. Betsy Eads
By Greg Hunter On July 26, 2025 In Market Analysis, Political AnalysisNo Comments
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Three months ago, Dr. Betsy Eads said, “Everyone Needs Treatment for CV19 Bioweapon Vax.” Anyone who thinks this story is going away is not paying attention to the vast numbers of people who were fooled and pressured into taking these destructive mRNA injections. 270 million Americans has been injected, and it does not wear off. The CV19 injections are self-replicating and self-amplifying. A recent Yaly study showed damaging spike proteins more than 700 days after the last CV19 injection. Every week there is another new study on the awful effects of the CV19 bioweapon vax. Now, we learn that there are more threats coming from the same dark and evil powers that brought us “gain of function” Covid 19 and the bioweapon injections that followed. Dr. Betsy says, “If they are planning a frequency attack, EMP attack or release of another bioweapon that Karen Kingston was talking about, whether aerosolized, transdermal or high frequency, we are going to see a lot of death and a lot of culling. This is democide by definition. The definition is your own government killing you with a bioweapon. This is democide, and it must stop now. I encourage everybody to write a letter or call your Representatives in Congress. We have bills to stop the Prep Act. And, we have bills to stop the indemnity (CV19 liability shield). I am imploring you to do something. ‘We the People’ need to stand up and take our country back. Don’t sit back and do nothing.”
Instead of getting people treatment, they are putting up posters in schools on kids and cardiac arrest. They are gaslighting people into thinking a 15-year-old having a heart attack is common and not out of the ordinary. It is totally ordinary if you have been vaxed with a CV19 bioweapon. Dr. Betsy says, “We are getting ready to send our kids back to school, and these posters are going up. It’s not just in Canada, they are going up here in the United States and our schools. Defibrillators are going up in all the schools. There are more than 2,000 athletes worldwide that have died on the field in whatever sport: football, soccer, basketball and hockey. Athletes have been dying all over the world of sudden cardiac death. 52% know somebody in their personal family or a personal friend that have been damaged by these shots. 25% of Americans know . . . a close family member who has died. So, we still have to get to a lot of Americans that are not getting the information.”
In closing, Dr. Betsy says, “If you have been vaxed and boosted, you need to be on Ivermectin. I like The Wellness company Ivermectin Mebendazole combination. If you have been vaxed and boosted, your risk of developing a cancer is high.” Dr. Betsy goes on to point out that unvaxed people can be made sick by being shed on from CV19 vaxed people.
There is much more in the 60-minute interview.
Join Greg Hunter as he talks to 26-year veteran Dr. Elizabeth Eads, DO, exposing growing problems of the CV19 injections. Dr. Eads still advises that everyone both vaxed and unvaxed needs treatment for the deadly effects of the CV19 bioweapon vax for 7.26.25.
(To donate to USAWatchdog.com click here)
**Video here**
usawatchdog.com/going-to-see-a-lot-of-death-democide-dr-betsy-eads/
After the Interview:
SEE YOU TUESDAY
harveyorganblog.com 
