First Squawk

IRAN'S PEZESHKIAN SPOKE TO RUSSIA ON EXPANDING COOPERATION: ISNA(@FirstSquaw)

AIRBUS CEO: " NOT NECESSARILY OPTIMISTIC" ON DEFENCE COOPERATION AS COUNTRIES ARE UNDER PRESSURE AND HAVE OWN FUNDS"(@FirstSquaw)

Claude Code was accused of logging information about certain users – including whether they were using proxies or located in Chinese time zones(@FirstSquaw)

Russian guided bombs struck Europe’s largest poultry farm in Chornobaivka, Kherson region, triggering a massive fire that destroyed a significant part of the production complex, according to Ukrainian media.(@FirstSquaw)

Pakistan’s army chief, Field Marshal Asim Munir, met Iranian Foreign Minister Abbas Araghchi in Tehran on Friday. Munir was in Tehran to attend the funeral of slain Supreme Leader Ali Khamenei.(@FirstSquaw)

NBC reports that President Trump's investment accounts made 327 stock purchases one day before he paused major tariffs.The transactions were reportedly not publicly disclosed at the time.The timing has raised questions about potential conflicts of interest and transparency.The report has renewed scrutiny over financial disclosures and trading activity linked to the president.(@FirstSquaw)

Elon Musk Calls Report on SpaceX AI Handheld Device ‘Utterly False’ After Claims of an iPhone Rival Sparks Online Buzz.(@FirstSquaw)

UK’S ANDY BURNHAM COMMITS TO NOT CALLING ELECTION(@FirstSquaw)

UK’S ANDY BURNHAM SAYS HE WILL NEGOTIATE A MORE "AMBITIOUS" DEAL WITH THE EU(@FirstSquaw)

UK’S ANDY BURNHAM: WILL ENSURE DEFENCE INVESTMENT PLAN IS ‘FULLY FUNDED’(@FirstSquaw)

US HIGH SCHOOL STUDENTS FACE TOUGHEST SUMMER JOB MARKET SINCE 1948US high school students are facing the weakest summer job market since 1948, according to labor market data cited by Fortune.Employers are expected to hire only about 790,000 teenagers during the May–July period, the lowest level since records began.Higher inflation, elevated fuel costs, and a broad slowdown in hiring have reduced seasonal hiring by retailers, restaurants, camps, and other traditional employers of teens.Competition for available jobs has intensified, with some employers receiving hundreds of applications for a limited number of positions.(@FirstSquaw)

FED DALY: DON'T WANT TO REACT QUICKLY WHEN WORLD IS CHANGING QUICKLY(@FirstSquaw)

AT LEAST FOUR PEOPLE KILLED IN DAMASCUS EXPLOSION - SYRIAN STATE NEWS AGENCY(@FirstSquaw)

FED DALY: SHOULD LOOK FOR BETTER INFLATION, LABOR DATA, BUT SHOULD NOT MOVE GOALPOSTS(@FirstSquaw)

YEN EXTENDS GAINS VERSUS DOLLAR, RALLIES 1.2% TO 160.64 HIGH(@FirstSquaw)

US NONFARM PAYROLLS (JUNE)U.S. nonfarm payrolls rose by 57,000 in June, well below the 113,000 expected.The previous month's reading was 172,000.The sharp slowdown points to cooling labor market momentum.Weaker hiring could strengthen expectations for future Fed rate cuts.(@FirstSquaw)

SPOT SILVER RISES OVER 3% TO $61.63/OZ(@FirstSquaw)

SPOT GOLD EXTENDS GAINS AFTER US NFP DATA, LAST UP 1.6% TO $4,094.45/OZ(@FirstSquaw)

TRADERS OF SHORT-TERM INTEREST RATE FUTURES TRIM RATE HIKE BETS AFTER WEAKER-THAN-EXPECTED JOBS DATA(@FirstSquaw)

US INITIAL JOBLESS CLAIMS ACTUAL: 215K VS 215K PREVIOUS; EST 218K(@FirstSquaw)