ECB lowered interest rates for the 8th time in a year after inflation dipped <2% and the economy suffered repeated blows from US tariffs.
ECB cut the deposit rate by 25bps to 2% and reiterated that it’s not pre-committing to a particular path. ECB balance sheet shrank to €6.3tn. Note that ECB deposit rate has fallen below the German inflation rate for the first time since September 2023. Source: HolgerZ, Bloomberg
Gold’s 2025 Surge: Defying the Commodity Downturn
Divergence Began in November 2023 By May 2025, gold prices had surged 25.0% year-to-date, in sharp contrast to the broader commodity market slump. The overall commodity index fell 9.0%, with energy prices down 12.9% and food prices down 5.9%. Gold's value stood 153% above its pre-pandemic level—outpacing the commodity index by 117%, energy by 138%, and food by 109%. Source: Econonovis on X
Elon Musk: "Flatten the curve"
Source: Future timeline
The tide starting to turn for Ether $ETH: longest stretch of inflows of 2025.
Source: zerohedge
Apple $AAPL gets a downgrade from Needham which warns that investors shouldn't enter a position until the price hits $170-$180
Source: Barchart
They fought it. They laughed at it. Now they’re building on it.
Source: Swiss Holdler
“Early signs indicate that many businesses are quickly raising prices for shoppers, to cover most of the higher costs from sweeping U.S. tariffs on imported goods.”
Source: Kalani o Māui on X
TRUMP TAPS PALANTIR: A DATABASE FOR ALL AMERICANS….
Trump is moving ahead with a plan to create a sweeping national citizen database using Palantir Technologies. The collaboration, has Palantir’s Foundry platform pulling data from across federal agencies, including health records, bank details, and social services, into one central hub. Critics say it’s a “surveillance nightmare,” with fears it could be misused for political ends. Source: Yahoo Finance, Benzinga, NewsNation thru Mario Nawfal on X
