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Trivia & Markets & Singapore, Engaging the mind - Brain-Maxxing! Curated news channel and educating as we learn …. appreciating the absurdities of life and dedicated to making the markets and the world a better place for us … still unfinished business …
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9 039
China buys 15 tons of gold in June as central banks build up reserves
https://asia.nikkei.com/business/markets/commodities/china-buys-15-tons-of-gold-in-june-as-central-banks-build-up-reserves
9 039
KEY DATA 9-Jul
CN CPI
CN PPI
MY Industrial Production
GE Trade Balance
US Initial Jobless Claims/Continuing Claims
AUCTIONS
Bills US 4W/8W
Bonds JP 5Y US 30Y
CENTRAL BANKS
MY BNM Interest Rate Decision
US FED Williams Speech
US FED Logan Speech
9 039
BBG - The US military said it’s striking Iran for the second straight day, an escalation of violence that threatens to strain an already fragile ceasefire. The attacks came just hours after Trump said the US would probably target the country again and could resume a blockade on Iranian ports.
Almost 400 shares in the S&P 500 fell, but the index pared losses as Trump noted he doesn’t think the conflict will start again. Chipmakers climbed. The renewed hostilities in the Persian Gulf threatened a fresh wave of disruption for energy trading, with Brent crude briefly topping $80. That has reignited inflation worries, prompting money markets to boost their bets the Federal Reserve will lift interest rates by October. Bitcoin sank 2.2%.
The tech-heavy Nasdaq 100 closed 0.3% higher and the S&P 500 declined 0.3%, paring a drop of as much as 1.1% that put it on track to test its 50-day moving average. The Dow Jones Industrial Average fell 1.1%. The Bloomberg Dollar Spot Index was little changed. The yield on 10-year Treasuries advanced 2 bps to 4.57%. Spot gold fell 0.6%. WTI crude rose 5.4%.
Bank of America Corp. handed a $520 million credit line to OpenAI in recent weeks after previously spurning the artificial intelligence giant’s request, according to people with knowledge of the matter.
SpaceXAI has unveiled a new artificial-intelligence model built in partnership with AI coding startup Cursor that’s meant to be more adept at finance, legal and coding tasks, in a bid by Elon Musk’s firm to gain ground on rivals like Anthropic PBC and OpenAI.
Chinese officials have informed companies such as Alibaba Group Holding Ltd., ByteDance Ltd. and DeepSeek that they will have permission to purchase some of the processors, which are used to develop AI models, the news site said Wednesday. The companies need to say how many chips they need — and why — to get approval, according to the Information.
9 039
Trump just flubbed his way through his meeting with Zelenskyy, at various points referring to the "Islamic Republic of Japan," repeatedly calling Zelenskyy "President Putin," and railing against the "JCPOC"
https://x.com/atrupar/status/2074856410966376757
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BLUE ORIGIN RAISING OUTSIDE CAPITAL FOR FIRST TIME - $10 BLN AT A $130 BLN VALUATION EXCLUDING NEW FUNDS
JEFF BEZOS IS SET TO CONTRIBUTE AN ADDITIONAL $2 BILLION TO THE BLUE ORIGIN ROUND- NYT DEALBOOK
9 039
BREAKING: Egypt vs Argentina recorded 23 referee mistakes. The highest at a 2026 world cup game
All of them were in favor of Argentina
9 039
Sounds like new age sex dolls 👀👀👀
The humanoid robot designed 'for a lifetime': China reveals creepy bots that look and feel like real humans - and they can even reproduce 90% of our movements
https://www.dailymail.com/sciencetech/article-15961747/humanoid-robot-China-creepy-companion.html
9 039
TRUMP DID NOT REPEAT TERMINATION OF INTERIM DEAL WITH IRAN DURING NATO SUMMIT, SOURCE FAMILIAR WITH THE TALKS SAYS
9 039
Ticket Prices Collapse Nearly 60% For World Cup Quarterfinal Match After USA, Portugal Eliminated
https://www.forbes.com/sites/antoniopequenoiv/2026/07/07/ticket-prices-collapse-nearly-60-for-world-cup-quarterfinal-match-after-usa-portugal-eliminated/
