📈💰 Crypto hedge funds cashed in on 2024’s bull run and $1.7tn market rally 🔹 Tephra Digital, Pythagoras Investments, Eltican Asset Management and Fasanara Digital cashed in on soaring crypto prices last year. (via Financial News)

🇬🇧💵 Gilt yields are rising - the market needs to know the plan for restoring fiscal headroom 🔹 There are no easy answers for the Chancellor. Dropping the fiscal rule so soon would damage credibility, raising taxes further would risk stiffening the headwind to sentiment ...

Death, taxes and DAX being bid 😂

European indices with minimal tech exposure looking at the US

So basically DeepSeek is short-term bearish, long-term bullish?

Seems like most people didn't expect Trump to side with Putin so quickly, and to publicly criticise Zelensky as harshly. Also, Trump's farcical claim about Ukraine having >$500bn of rare earth minerals makes you wonder who is advising him, and where he is getting his info from.

🤔👀 Lowest Number of S&P 500 Companies Citing “Recession” on Earnings Calls in Over 5 Years - FactSet

What's with this 80 point round-trip in ES? 🤔

What a rollercoaster hour... Fake news headline of 90 day pause to Trump threatening additional 50% tariffs on China. 😂

If Bessent can stop talking, that would be great 😅

Quite remarkable that some indices (eg Dax) are almost back at ATHs... Considering the trade uncertainty and possible economic impacts is still a factor.

Is it still Biden's stock market? 🤷‍♂️

Time for European 'outperformance' to weaken vs the US?

🚀🤑 XTX Markets rides volatility to record European client volumes 🔹 Algorithmic trading firm sees boost from Trump-fuelled market swings H/T Financial News

FT ran this article 30 minutes before the first reports of the strikes came in:

This is extremely cool. Another excellent feature on the suite 😎

From August 1st... Still 3 weeks to negotiate and TACO 🤷‍♂️