Hardline Iranian MP Mahmoud Nabavian: Having reviewed the text of the agreement, I must state that, compared to the previous two versions, it is more damaging, and Iran's concessions have also become greater.

For anyone wondering what this means: - Anthropic (and potentially future OpenAI, Google, xAI) models that cost billions to develop will make 0 revenue outside the US - a big double digit percentage of Anthropic (and potentially OpenAI, Google, xAI) workforce can no longer work there, because they are foreigners and are not allowed to use those models So Trump just made frontier model development effectively unprofitable and tremendously slowed down Anthropic (and potentially others in the future) He's handing China the win on a gold platter. *potentially: if the same restrictions are imposed on other frontier labs and models

SPANISH HICP FINAL YOY ACTUAL 3.6% (FORECAST 3.6%, PREVIOUS 3.6%) $MACRO

UAE FOREIGN MINISTRY SAYS ALLEGATIONS OF FROZEN IRANIAN FUNDS BEING RELEASED ARE 'ENTIRELY FALSE AND UNFOUNDED' - CNBC

Funeral for Iran’s late Supreme Leader Ali Khamenei to begin July 4 in Tehran, burial planned for July 9 in Mashhad: state media

Ukrainian drones strike Tamanneftegaz oil and gas terminal in Russia’s Krasnodar region: Ukraine security service

UKMTO: Tanker hit by unidentified projectile in port bow off Oman

Iran’s Foreign Minister Araghchi: Result of the understanding is a 14-article memorandum, and when it is finalized, we will tell each and every part to the people.

Iran’s Foreign Minister Araghchi: The nuclear issue and lifting of Iran sanctions have been postponed to the second stage, and 60 days of negotiation time is predicted for these topics.

Iran’s Foreign Minister Araghchi: End of war on all fronts, including in Lebanon, will be announced under interim deal

IRAN'S ARAQCHI: MANAGEMENT OF STRAIT OF HORMUZ WILL NOT RETURN TO PRE-WAR ERA

Anthropic: U.S. government believes it has discovered a way to bypass or jailbreak Fable 5

U.S. Military: Iran launched several one-way attack drones attempting to hit commercial vessels transiting Strait of Hormuz

🇪🇺 #ECB governors eye July pause after first hike, sources says - Reuters reuters.com/business/finance…

🇪🇺 #ECB Officials See Next Rate Increase Possible as Soon as July - Bloomberg bloomberg.com/news/articles/…

US forces shoot down two Iranian one-way attack drones: US official

🔴 GERMAN CPI FINAL YOY ACTUAL 2.6% (FORECAST 2.6%, PREVIOUS 2.6%) $MACRO

Dec27 Brent crude unbothered

The drop in nitrogen fertilizer prices has now extended into Asia. India has received offers for its latest urea tender at an average price of $530 per tonne, down ~44% from $947 per tonne in April.

Trump: Strait will open on signing, maybe Saturday or Monday.