• Powell: Solid majority of FOMC members support rate cuts later this year - [EI]

• US June ISM manufacturing price index at 69.7 (est. 69.0), new orders at 46.4 (prior 47.6), employment at 45 (prior 46.8, est. 47.0), and overall manufacturing index at 49 (prior 48.5, est. 48.8) - [DB]

• US construction spending falls 0.3% month-over-month; estimate was a decrease of 0.2% - [DB]

• U.S. May job openings at 7.769M, exceeding estimate of 7.300M - [DB]

• SEC considering new listing standard for token-based ETFs to simplify approval process - [AGGR]

• SEC approves Grayscale Digital Large Cap Fund's conversion to an ETF, including BTC, ETH, XRP, SOL, and ADA - [PN]

• Trump says he is not considering an extension for the tariff deadline - [DB]

• S&P 500 closes down 0.1%, NASDAQ drops 0.8% - [DB]

• DeFi Development to raise $100M in convertible notes due 2030 to acquire Solana and repurchase shares - [PN]

• Bitcoin ETFs see -$342.2M in net outflows; Ethereum ETFs report $40.7M in net inflows as of July 1, 2025 - [EI]

• Euro area unemployment rate rises to 6.3%, above estimate of 6.2% - [DB]

• US MBA mortgage applications index rose 2.7% last week - [DB]

• Coinbase acquires Liquifi amid surge in crypto mergers and acquisitions - [AGGR]

• US ADP reports June private employment fell by 33K, versus an estimate of +95K - [DB]

• S&P 500 rises 0.5% at close, while NASDAQ increases 0.9% - [DB]

• ETF flows for July 2, 2025: Bitcoin ETFs see $407.8M net inflows, while Ethereum ETFs experience $1.9M net outflows - [EI]

• Trump: Reiterates 10% BRICS threat, not immediate but pretty soon - [TF]

• Trump: EU has been speaking to US, very nicely recently • Trump: In some respects they've been worse than China - [TF]

• Trump: Will announce pharma, chips, other things tariffs soon - [TF]

• Trump: Believe copper tariff will be 50% - [TF]

• Trump says 'we are thinking of taking over governance of DC' • Trump: May need to 'straighten out' New York City - [TF]