Greenlight Commodities

Key Events This Week: 1. May Industrial Production data - Monday 2. May Housing Starts data - Tuesday 3. May Retail Sales data - Wednesday 4. Fed Interest Rate Decision and Kevin Warsh's First Meeting as Fed Chair - Wednesday 5. June Philly Fed Manufacturing Index - Thursday 6. US Markets Closed for Juneteenth - Friday All eyes are on the Fed this week.

NEW: Microsoft CEO Satya Nadella warns an AI future dominated by a few models is “not stable.”

JUST IN: Japan signs nuclear deal with Rolls Royce

🚨 NEW POLYMARKET: Best AI model on June 20? polymarket.com/event/best-ai-…

JUST IN: New York Knicks win first NBA title since 1973

Oil just had its worst week since March. The driver isn't supply. It's a probability: officials put an 80% chance on a US-Iran deal to reopen the Strait of Hormuz. When geopolitics turns binary, Event Contracts price the odds. Brent settled $87.33.

.@CFTC Sues New Mexico as the State Becomes the Latest Attempting to Infringe on Federal Jurisdiction: cftc.gov/PressRoom/Pres…

.@CFTC Issues No-Action Letter for DCMs Converting Existing Perpetual-Style Digital Commodity Futures into True Digital Commodity Perpetual Futures: cftc.gov/PressRoom/Pres…

BREAKING: US gas prices are forecasted to reach $4.60 this year — a recent low

America is the global leader in financial markets because we embrace innovation and enforce robust regulatory requirements that provide confidence to market participants. Under @POTUS' leadership, we will continue to provide pathways for crypto, prediction markets, and other innovations to be offered within the US while protecting investors with world class regulation. More on @MorningsMaria ⬇️

Incumbents are always going to fear the future. The @CFTC stands ready to address changing landscapes and ensure America remains the crypto capital of the world. We will continue to work diligently to onshore innovation and bring novel derivatives under the CFTC’s gold standard regulatory framework so that these markets can thrive here at home.

Markets love to dramatize Fed week. But Wednesday is already decided: ~97% odds of a hold at the June 17 FOMC. The story isn't the rate. It's the guidance. Event Contracts show where conviction sits before the gavel even drops.

JUST IN: SpaceX officially closes its first day of trading at a market capitalization of approximately $2,110,000,000,000.00.

NEW: DOJ officially approves Paramount's acquisition of Warner Bros.

JUST IN: Retail investors post first 3 day selling streak since 2020

JUST IN: Iran says a deal has "never been closer"

The @CFTC is hiring. We’re recruiting the best and brightest to join our team and leveraging technologies like artificial intelligence to keep pace with the new frontier of finance and make efficient use of taxpayer dollars.

New Mexico is the latest state seeking to nullify black letter law and decades of precedent by imposing state gaming laws on federally regulated derivatives exchanges subject to the @CFTC’s exclusive jurisdiction. We’ll continue to defend our jurisdiction over commodity derivatives. Read more:

Shell is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy to focus on its higher-returning fossil fuel business. bloomberg.com/news/articles/…

19% chance of a US recession this year. polymarket.com/event/us-reces…