Morning,Markets are mixed, Dow up, Tech down, Nvidia shedding...

Morning,

Markets are mixed, Dow up, Tech down, Nvidia shedding some gains, Asx futures r up.

Bitcoin smashed back under 60k, Oil up.

Gold up, U down, Copper looks red too.

Labors New energy chief says he doesn't like Nuclear....Instant dismissal comes to mind...

Larry Summers says the Fed and Investors r wrong on inflation outlook, badly wong ......https://www.marketwatch.com/story/larry-summers-says-the-fed-and-investors-are-badly-wrong-on-inflations-path-24537e57
Hard to disagree with Larry imo.

How that Yen looking? ......
They need to raise rates 500 bps tomoz/yesterday imo, but i doubt they will.
I wonder if it'll be the first one to go bang....?

Some commentators keen on a Sep Fed rate cut... .... Tell em they're dreaming folks....

Farage says West provoked Ukraine invasion. And he's right too.
https://www.cnbc.com/2024/06/24/reform-uks-nigel-farage-defends-claims-west-provoked-ukraine-war.html

Damp outside, must have had some overnight rain, a cool 12C here but doesn't feel that bad.