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Here is the list (so far) of the crypto hacked Twitter account

Accounts hacked so far by the Bitcoin scam, asking you send coins to a bogus address

  •  Bill Gates
  •  Elon Musk
  •  Joe Biden
  •  Warren Buffett
  •  Kanye West
  •  Michael Bloomberg
  •  Apple
  •  Uber
  •  Jeff Bezos
  •  Barack Obama
Tweet looks like this – DO NOT SEND COINS TO ANYONE AT ALL RIGHT NOW until this thing is fixed:
Accounts hacked so far by the Bitcoin scam, asking you send coins to a bogus address

A huge Twitter hack appears to be underway

Elon Musk and crypto exchanges targeted

The Twitter accounts of many the largest cryptocurrency exchanges and influences appear to have been hacked, along with Elon Musk and others. They’re directing people to make bitcoin donations. Some on the list:
  • Cz
  • Binance
  • Gemini
  • Bitlord
  • Coindesk
  • Justin sun
  • Kucoin
  • Coinbase
  • Charlie lee(Satoshi lite)
  • Gate.io
  • Angelobtc
  • Tron
  • Bitcoin
It’s tough to imagine that the were hacked individually. Rather this looks like it’s something internally via twitter or some third party service involved with twitter. That looks bad for the company.
Elon Musk and crypto exchanges targeted
Let me tell you, if I wanted to make money and could hack Elon’s account, I would be buying TSLA puts/calls, rather than asking for Bitcoin donations.
Update: They got Bill Gates too.

Fauci says will have an effective COVID-19 vaccine by the end of 2020

Anthony Fauci speaking with Reuters on the coronavirus

  • Says that US will have an effective coronavirus vaccine by year-end
  • Moderna’s vaccine trial results were especially promising
  • He does not think China will be first with a vaccine, at least not by much
Anthony Fauci speaking with Reuters on the coronavirus

DOE crude oil inventories for July 10 week -7.493M vs -2.098 million estimate

DOE crude oil inventories for the week of July 10, 2020

  • crude oil inventories -7.493 million vs. -2.1 million estimate
  • gasoline inventories -3.147 million vs. -1.3 million estimate
  • distillates inventories -0.453 million vs. 1.5 million estimate
  • Cushing OK crude inventories 0.949 million vs. 2 point to 0 6 million last week
  • US refinery utilization 0.6% vs. 0.5% estimate
  • crude oil implied demand 17637 vs. 17586 last week
  • gasoline implied demand 9248.4 vs. 9290.0 last week
  • distillates implied demand 5023.7 vs. 4380.1 last week
The private API data released near the close of yesterday’s trade showed a bigger than expected drawdown of -8.322. Today’s crude oil inventory data was below the API data by about 900 K. Below are the private data results:
DOE crude oil inventories for the week of July 10, 2020
Crude oil is trading at $40.50 just prior to the report. The current price is trading at $40.64

Bank of Canada holds rates at 0.25%, as expected

Highlights of the Bank of Canada rate decision

  • Prior was 0.25% (this is the effective lower bound for Canada)
  • BOC pledges to keep rates at 0.25% until inflation target hit
  • BOC to continue $5B per week in QE; repeats buying will continue “until the recovery is well underway”
  • BOC stands ready to adjust its programs if market conditions warrant
  • Says economic decline “considerably less severe than the worst scenarios presented in the April MPR”
  • BOC sees 40% of activity recovered in Q3 but then “the Bank expects the economy’s recuperation to slow as the pandemic continues to affect confidence and consumer behaviour and as the economy works through structural challenges”
  • Central scenario in in MPR shows economy not likely to return to pre-COVID levels until 2022
  • Sees 2020 GDP down 7.8%, up 5.1% in 2021 and up 3.7% in 2022
  • Says Q2 activity estimated to have fallen about 15% below its level at the end of 2019, economy appears to have bottomed in April
  • Sees US GDP down 8.1% in 2020, up 3.4% in 2021 and up 4.3% in 2022
  • Global GDP forecast down 5.2% in 2020 and up 5.2% in 2021
  • The path for CPI in the next year largely reflects the influence of energy prices
The big news here is this line:
“The Governing Council will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the 2 percent inflation target is sustainably achieved.”
That’s forward guidance indicating no hikes until 2% inflation is ‘substantially achieved’. That last phrase leaves them some wiggle room but this is conditional forward guidance.
Macklem will hold a briefing at 1500 GMT (11 am ET)
Forecasts in the MPR:
BOC forecasts for developed world

Trump says he is not interested in speaking with China on another trade deal

Whiny biatch speaking in a CBS interview Sry, damn autocorrect. Trump speaking in a CBS interview.

So far he has been whining about getting schools reopened and various grievances he has with life.
Comment on China the only one really pertaining to markets, so far at least.
Whiny biatch speaking in a CBS interview Sry, damn autocorrect. Trump speaking in a CBS interview. 

More from Trump:

  • We can impose massive tariffs on China f we want
  • You’ll see more coming on actions towards China
  • China is buying a lot of agricultural products

European shares end the session with declines

UK FTSE outperforms

The European shares are ending the session with declines.  The UK FTSE 100 the better than others on the GBPs weakness.
The provisional closes are showing:
  • German DAX, -1.06%
  • France’s CAC, -1.25%
  • UK’s FTSE 100, -0.10%
  • Spain’s Ibex, -1.02%
  • Italy’s FTSE MIB, -0.7%
In the European debt debt market, the benchmark 10 year yields are ending lower across the board. Declines range from -2.7 basis points to -3.6 basis points:
UK FTSE outperforms_

In other markets as European traders look to exit:

  • spot gold is trading up $6.05 or 0.34% at $1808.82. The low extended to $1790.79. The high for the day is near current levels at $1809.74
  • WTI crude oil futures are trading up $0.31 or 0.77% at $40.41 for the August contract. The September contract is also higher by $0.33 or 0.82% at $40.65
In the US stock market the Dow industrial average outperforms while the NASDAQ index get whipped around and volatile trading. The current snapshot shows
  • S&P index up 12.8 points or 0.41% at 3168.16
  • NASDAQ index down 2.6 points or -0.02% at 10391.16
  • Dow industrial average up 288 points or 1.11% at 26374
The NASDAQ index has whipped around in with the low falling -2.01%. The high extended up 0.42%.  The point range is around 250 points from low to high.

OPEC: Sees demand falling 8.95 mbpd this year, rising by 7 mbpd in 2021

Highlights of the OPEC monthly oil report

  • Sees 2020 demand -8.95 mbpd vs -9.07 in prior report
  • Sees US output down 1.37 mbpd this year; +0.24 mbpd next year
  • Oil stocks are 210 million barrels above 5-year avg
  • Efficiency gains and remote working to cap demand rise in 2021 to below 2019 levels
A separate report, citing delegates, sees OPEC+ June compliance at 107%.

UK PM Johnson: We do think masks have a great deal of value in confined spaces

Comments by UK prime minister, Boris Johnson

Boris Johnson
  • We have got the virus under control across the country
  • It is very important to wear a face covering in shops
  • Will look at the guidance and say more in the next few days
Judging by recent remarks by the government, it is only a matter of time now before masks are surely going to be mandatory in shops across the UK.
In the US, Trump also wore a mask in public over the weekend but we’ll see if he will start doing so outside of the hospital. If so, that could mark a change of a stance and may help to create more health awareness in mitigating the spread of the virus.

Japan reaffirms that state of emergency declaration is not needed for now

Tokyo finds another 119 new coronavirus cases today

Japan economy minister, Yasutoshi Nishimura, is out to reaffirm that there is no need to declare another state of emergency in Tokyo just yet despite the consistent jump in the number of coronvirus cases in the capital over the past two weeks.
The count today may be skewed due to the ‘weekend effect’, with Tokyo having previously reported over 200 new cases each day over the last four days before this:
Tokyo
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