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Fin Watch
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🚨🚨 Apple stock, $AAPL, falls -4% as President Trump says iPhones must be built in the US or they will face a tariff of at least 25%.

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Breaking: 🚨🚨 Trump recommends 50% tariff on products imported from the European Union.

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JUST IN: 🇺🇸🇮🇳 US and India new trade deal could be announced within 7-10 days.

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🚨🚨 Philippines considering dumping some U.S. Treasuries

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BREAKING 🚨: Treasury Bonds

U.S. Treasury Bonds now have the worst 10-year rolling annualized returns in the last 90 years

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🚨🚨 Gold just saw a weekly outflow of $2.9 Billion, the largest in more than a decade and the third largest in history

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⚡️ "Companies are cracking down on remote work to get employees to quit," per BI

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🇮🇳 Starlink to introduce their services with promotional unlimited data plans priced below $10 (~₹840) per month in India. (ET)

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🚨🚨 U.S. Banks are currently facing $482 Billion in unrealized losses, an increase of 33% from the prior quarter

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🇹🇼 BTC flips Taiwan Dollar to become 8th largest currency globally.

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⚡️ Nearly 75% of all restaurant traffic is now drive-thru or takeout orders, per the National Restaurant Association

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🇪🇺🇷🇺 EU considers removing 20 banks from Swift global payment system in new sanctions package to escalate pressure on Russia.

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🇺🇸 U.S. spot Bitcoin ETFs hit 2025 high with $25 billion weekly volume, $2.75 billion Inflows.

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🇸🇦 Saudi Arabia will allow the sale of alcohol at approximately 600 locations from 2026.

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🇮🇳 India officially overtakes Japan and becomes the 4th largest economy in the world.

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🇵🇰 Pakistan allocates 2,000MW of electricity to #Bitcoin mining and AI data centres.

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🇺🇸 Bessent: We've inherited a 6.7% deficit-to-GDP, the highest outside war or recession. Our focus is to grow the economy faster than the debt, that’s how we will stabilize debt-to-GDP.

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🇪🇸 Spain says it is considering imposing sanctions on Israel.

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🚨 Top 10 world's largest economies 2025.

1. USA 🇺🇸 - $30.5 trillion
2. China 🇨🇳 - $19.2 trillion
3. Germany 🇩🇪 - $4.74 trillion
4. India 🇮🇳 - $4.187 trillion
5. Japan 🇯🇵 - $4.186 trillion
6. UK 🇬🇧 - $3.83 trillion
7. France 🇫🇷 - $3.21 trillion
8. Italy 🇮🇹 - $2.42 trillion
9. Canada 🇨🇦 - $2.22 trillion
10. Brazil 🇧🇷 - $2.12 trillion

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JUST IN : 🇺🇸 Trump agrees to move EU tariffs deadline to June 9.

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📊 Key Events This Week:

1. US Markets Closed - Memorial Day - Monday

2. CB Consumer Confidence data - Tuesday

3. Fed Meeting Minutes - Wednesday

4. US Q1 2025 GDP data - Thursday

5. April PCE Inflation data - Friday

6. MI Consumer Sentiment data - Friday

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