AGP Executive Report
Last update: 7 hours agoCanada-U.S. Trade War: Canada retaliated with tariffs on about $20B of U.S. goods, escalating a dispute that’s already rattled markets and supply chains, while U.S. apple growers warn Canada-linked tariffs could hit exports and prices. Markets & Rates: Russia’s Moscow Exchange rebounded above 2,100 points amid oil weakness and geopolitics, as investors globally weighed sticky inflation and upcoming Fed signals. Nvidia Earnings: Nvidia reported $96.2B Q2 revenue (+106% YoY) and guided above estimates, but shares slipped after-market as investors debated the durability of the AI spending cycle. Crypto & Stablecoins: Spot Bitcoin ETF assets neared $100B after a fresh inflow streak, while Tron said it now settles 51.4% of circulating USDT and topped 400M accounts—fueling the “stablecoin rails” push. Tokenized Finance: Coinbase tokenized stocks on Base sparked new yield “carry trade” vaults, and regulators also moved on crypto offering rules. Banking/Finance Deals: Jio Financial Services said a Bank of America tie-up will bring technology, risk management and growth capital; Financial Institutions, Inc. declared a quarterly dividend. Corporate/Capital Markets: PSE flagged Dominion’s Tampakan merger as a backdoor listing; WiseTech shares slid after profit guidance and an ACCC probe. Risk Tools: A CFTC-related debate highlighted how prediction markets are being used for hedging by smaller players.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
