DATA & FIGURES
The key figures in this scenario include $2.1 billion in ETF outflows in June, a 6.9% growth in US retail sales data from May 2025, and a 4.16% yield on US Treasuries. Additionally, the Nasdaq-100 Index traded 2% below its all-time high, while Bitcoin has failed to hold above $80,000 since mid-May.
THE SCENARIO
The geopolitical, economic, or regulatory context is complex, with the US and Iran on the verge of signing a peace agreement. The comments from President Trump and Kevin Warsh have added to the uncertainty, with investors fearing that the deal might not go through.
DIRECT QUOTE
"The deal should please the markets and that oil prices might fall." — President Donald Trump
BBN INSIGHT
The current situation is uncertain, with the US and Iran on the verge of signing a peace agreement. The comments from President Trump and Kevin Warsh have added to the skepticism, with investors fearing that the deal might not go through.
MARKET REACTION
The US stock market traded down on Wednesday, with the Nasdaq-100 Index trading 2% below its all-time high. Bitcoin has also struggled, failing to hold above $80,000 since mid-May.