NFP SHOCK, Bitcoin $70K Next? & Historic Yen Intervention
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Markets were turned upside down after July payrolls came in at -23,000 versus 80,000 expected, alongside another 103,000 jobs wiped out through previous revisions. Treasury yields collapsed, gold surged, stocks rallied and Bitcoin broke above $65k as traders rapidly repriced the economic outlook.
Meanwhile, the US and Japan launched a historic joint intervention to support the yen, with Washingtonโs involvement potentially helping Japan avoid dumping US Treasuries. Weโll break down Bessentโs unusual yen bet, the latest Iran developments, the fading CLARITY Act, Bitcoinโs breakout and what Wednesdayโs crucial CPI report could mean next.
Plus, TA with Jordan, Tweets of the Week, Dates for Your Diary and much more.
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๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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