Gavin Purcell

Buy Hold Sell: 3 sectors and 6 ASX stocks growth investors are circling now youtu.be/_ZFNCcvAgNQ?si… via @YouTube

The closure of the Strait of Hormuz has sparked an aluminum shortage, writes @davidfickling. That means Diet Coke is in short supply in India (via @opinion) bloomberg.com/opinion/articl…

As Kevin Warsh takes the helm at the Federal Reserve, bond investors are betting he’ll prioritize the central bank’s inflation-fighting credibility over President Donald Trump’s push for lower interest rates. bloomberg.com/news/articles/…

BREAKING: The White House no longer expects an agreement with Iran to be announced today and thinks it could take "several more days" for the deal's approval, per Axios. Yesterday, President Trump said a deal announcement was coming "shortly." US officials are "optimistic" but say the deal could still fall apart.

Recent changes to property taxes combined with interest rate rises and the war in Iran have created strong market headwinds, knocking buyer confidence. ebx.sh/eDewrT

Stocks are partying like it’s 1999. Americans haven’t been this gloomy in 70 years. on.wsj.com/4uXHpX6

BREAKING: Iran warns the US-Iran agreement "will be completely cancelled" due to ongoing US obstruction on clauses including the release of Iran's $100 billion of frozen assets, with the US now trying to link them to nuclear concessions which Iran rejects, per Tasnim. The White House is now backing away from yesterday's "largely negotiated" claim, conceding the deal "could still fall apart," per senior US officials. Trump himself walked back urgency on Truth Social from yesterdays "deal coming shortly" to now stating "time is on our side" and saying the blockade "will remain in full force," which Iran also says needs to be lifted in order sign any agreement.

Stocks are riding an earnings hot streak — but investors are facing a summer that’s rife with risks trib.al/CQzll9R

Marta Kostyuk: 'I'm incredibly proud of myself today. I think it was one of the most difficult matches of my career. This morning, 100 meters from my parents' house [in Ukraine], a missile destroyed the building. It was a very difficult morning for me' ❤️‍🩹

Marta Kostyuk gave a very emotional speech about Ukraine after beating Selekhmeteva in Roland Garros Marta: “I’m incredibly proud of myself today. I think it was one of the most difficult matches of my career. This morning, 100 meters from my parent’s house, the missile destroyed the building. It was a very difficult morning. I didn’t know how this match is gonna turn out for me. I didn’t know how I would handle it. I’ve been crying part of the morning. I don’t wanna talk about myself today. I’m very pleased to be in the 2nd round, but all of my thoughts and all my heart goes to the people of Ukraine today. Thank you so much for coming out. Slava Ukraine.” ❤️ “With this kind of events you told us.. Why is it so important to be here on the court today?” Marta: “Because I think it’s important to keep going. My biggest example is Ukrainian people. I woke up in the morning today and I looked at all these people who woke up and kept living their live, kept helping people who are in need. I knew a lot of Ukrainian flags would be here today and a lot of Ukrainian people would come out and support. My friends from Ukraine came as well. Very happy to have them here. Not much I can say.” ❤️

Les frappes russes se succèdent contre des objectifs civils en Ukraine, comme à nouveau cette nuit. La France condamne cette attaque et le recours au missile balistique Oreshnik, qui signent surtout une forme de fuite en avant et l’impasse de la guerre d'agression de la Russie. Notre détermination à continuer de soutenir l'Ukraine, à tout mettre en œuvre pour une paix juste et durable et à renforcer la sécurité de l'Europe n'en est que renforcée.

Tonight, the Russians struck Kyiv and other Ukrainian cities and communities. The largest number of missiles was directed at the capital – at ordinary residential buildings, at schools; they burned down a food market, one of Kyiv’s oldest markets. The Russian strike effectively destroyed the Chornobyl Museum, damaged the National Art Museum and the building housing the office of Germany’s ARD. As of now, 69 people have been reported injured in the capital. Tragically, two people were killed in this senseless Russian attack. My condolences to everyone who has lost family members and loved ones. I have already spoken with the President of France and the Prime Minister of Norway. There will be further communication with our partners today. I am grateful to everyone who is not staying silent about what Russia is doing. They are waging war solely against our people – against our memory, our history, and everything that makes up normal human life. It is important that Russia understands that they will be held accountable for all these crimes.

Russia hit a dead-end on the battlefield, so it terrorizes Ukraine with deliberate strikes on city centres. These are abhorrent acts of terror meant to kill as many civilians as possible. Moscow reportedly using Oreshnik intermediate-range ballistic missiles – systems designed to carry nuclear warheads – is a political scare-tactic and reckless nuclear-brinkmanship. Next week, EU Foreign Ministers will discuss how to dial up the international pressure on Russia.

BREAKING: Iran says contrary to what the US claims, the now fully leaked "Memorandum of Understanding" contains no Iranian commitments to hand over nuclear stockpiles, remove equipment, shut down nuclear facilities, or even commit to not build a nuclear bomb. Instead, all nuclear issues are deferred to a 60 day period of negotiations after signing, per Fars News. For this period to start, the US would need to accept no nuclear commitments from Iran, agree to release $100 billion of Iranian frozen assets, lift the naval blockade, lift all oil and petrochemical sanctions during the negotiation period, pay $270 billion in war reparations, and accept Hormuz under "full permanent sovereign Iranian management and authority" at pre-war traffic levels with no US presence.

Russia’s massive attack on Ukraine last night shows the Kremlin’s brutality and disregard for both human life and peace negotiations. Terror against civilians is not strength. It's despair. We stand firmly with Ukraine, with further support on the way to reinforce its air defence systems.

Since last night, first responders and all necessary services have been working wherever needed. As of now, at least 83 people have been confirmed injured since midnight. Tragically, there are fatalities. My condolences to the families and loved ones. It was a heavy attack – 90 missiles of various types, many of them ballistic missiles – 36 in total. There were 600 drones. Unfortunately, not all of the ballistic missiles were intercepted – the largest number of hits was in Kyiv. Kyiv was the primary target of this Russian attack. Putin can’t even pronounce the word “hurrah” clearly anymore – slurs and mumbles – yet he is still vanquishing residential buildings with his missiles. Launched three Russian missiles against a water supply facility. Burned down a market. Damaged dozens of residential buildings. Hit several ordinary schools. Launched his “Oreshnik” against Bila Tserkva. They really are unhinged. It is important that this does not pass without consequences for Russia. Today, everyone in the world who will not stay silent and chooses to help Ukraine is a defender of life. It is critically important to continue working to secure air defense for Ukraine, especially anti-ballistic capabilities. We are doing our best to achieve peace and protect people – everything. It is important that Ukraine is not alone. Decisions are needed – from the United States, from Europe and others – to make that old “Oreshnik” in Moscow finally utter the word “peace.”

Why IPO mania could signal top of the market ft.trib.al/yA3DgRw

Canada strongly condemns Russia’s launch of large-scale missile and drone attacks on civilian targets in Kyiv tonight. For more than four years since Russia’s illegal invasion, it has greatly underestimated the courage, determination, and strength of the Ukrainian people — even as Putin’s regime has relentlessly bombed Ukrainian energy infrastructure, schools, hospitals, and homes. We call on Russia to immediately cease these strikes and end this illegal war of aggression. They prolong human suffering and do nothing to change the fact that Russia will lose this war. Canada will continue working closely with international partners to secure a just and lasting peace for Ukraine and Europe.

EXPECTED TERMS OF US-IRAN PEACE DEAL: 1. Extension of Iran War ceasefire for another 60 days 2. Strait of Hormuz reopened for the 60-day period 3. Iran would be able to freely sell oil during the period 4. US would lift blockade on Iranian ports and unfreeze some Iranian funds 5. US would issue some sanction waivers on Iranian oil 6. Draft MOU includes statement that war between Israel and Lebanon would end 7. Negotiations would then be held regarding Iran's nuclear program The draft MOU includes commitments from Iran to never pursue nuclear weapons, negotiate over a suspension of uranium enrichment, and removal of its highly enriched uranium, US officials told Axios. The situation remains fluid amid the high-stakes negotiations.

Why Fixing the UK Is So Hard youtu.be/OtkNABB8Ras?si… via @YouTube