[Belgrade Bobby]

GameStop Corporation – GME

The GameStop swap, explained in plain English — and what it teaches you about dilution
On Monday, August 3rd 2026, GameStop announced it had wiped roughly $1.4 billion of debt off its books. It didn’t spend a single dollar of cash to do it.

The stock fell more than 10%

[GVI Forex 2]

Market Update: Indices

One way street (up) to start the week

[Adam Global]

Gold opened 📈higher today at 4,083, it is slidina📉 towards 4,045 and dropping below the 20-SMA at 4,059. In the broad picture, it has beer consolidating in the 4,000-4,120 range since July 23.

[GVI Forex 2]

In our blog: A very timely article

Japan’s New Forex Intervention Strategy: Why Surprise Has Become Its Most Powerful Weapon

[GVI Forex 2]

Feeral Reserve Bank of Atlanta GDPNow forecast

GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for the current measured quarter. There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model.

[GVI Forex 2]

BTCUSD 4 HOUR: Double bottom keeps the range

Double bottom above 62K maintaining the range with top above 65K, down trendline ahead of it.

In this case, BTCUSD trying to correlate with risk on mood.

[GVI Forex 2]

Market Update: Risk on

• Oil down but then sideways
• US stocks up (US500 entering resistance zone)
• US bond yields down
• USD trying to catch a bid after a tug-of-war between JPY (up) and other currencxes down slowed (*watch EURUSD 1,15 as pivotal for USD in general)

[GVI Forex 2]

US ISM PMI Beat (US stocks were already spiking higher before data)

 

Source: Try Newsquawk free for 7 days

[Adam Global]

More news

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Obstacle remains on top

Attempt to build upward momentum continues to be stymied by 28596 resistance.

To keep momentum pointed up, 27926 needs to hold as support.

[GVI Forex 2]

US500 (SP500) 4 HOUR: Trying to build momentum

For momentum to build for a run at the record 7624 high following the move above 7491, key levels at 7572-89 would need to be taken out.

Otherwise, dependent on 7490-7510 holding to keep a bid pointed up but only sub-7397 would fully negate it.

[Adam Global]

GOLD dropping 📉 below 4055.00 & I’m still aiming for 4000.00

[GVI Forex 2]

USDCAD 4 HOUR: Trying to reverse course?

Tryng to build momentum off the bounce from sub-1.40

For momentum to shift from down to up and away from 1.40, 1.4060-68 would need to be taken out.

[GVI Forex 2]

US Pre-Market Movers: BMY/AZN, GME, LNTH, BABA, SPCX, MT, FERG, EBAY, CRCL, BA, SBUX

<p style=”text-align: center;”>(Right click on any image (or chart) to open a full screen in a new tab)</p>
<p style=”text-align: center;”>Source: Try Newsquawk free for 7 days</p>

[Adam Global]

ßitcoin fell 📉 below $63K edging lower to $62K

[Adam Global]

EURUSD 📉 rejected 1.15500 attempting to break below 1.15000

[Adam Global]

US100 index opened 📈higher today, near 28,550, it is currently sliding towards 28,350. The index posted a notable rise in the previous two sessions, after having founc key support at 27,060.

[Adam Global]

USDJPY suffered a sharp four- session📉 decline, plunging from the 40- year high of 164.00 to a three-month low near 155.20 following joint US-Japan intervention.

[Adam Global]

Oil 🛢 battling $80/🛢 as the situation in the middle east starts to cool down yet again…but 🇮🇷 says there’s negotiations with 🇺🇲

[Mtl JP]

under warsh’s “COMMUNICATION” tenent
testing the liars:

Tokyo & bessent’s intervention alleged collusion will be needing perception reinforcement that it is AND will be more substansive than symbolic

[Mtl JP]

LIARS FIGURE AND THEIR FIGURES LIE
–
According Prez T: “We are very, very strong financially. They, you know, have a weakening yen and they needed a little help. And we are always there for Japan.”

[GVI Forex 2]

Market Update: US Opening

Stocks (up), Crude oil (down) both consildating after opening gaps. USD trades mixed as intervention in USDJPY has seen a squeeze not only in USD longs but in short JPY cross positions.

[GVI Forex 2]

Market Update: USDJPY

With the BoJ looking at the same technicdal indicators that we look at, here are some levels they will be wathcing

157.93 = 200 day mva

FIBOS for 163.98 => 155.22

[Mtl JP]

USDJPY 157.00
–
LIARS FIGURE AND THEIR FIGURES LIE
From link to “Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake” below:

Japan’s finance ministry said Monday it plans to use the FIMA repo facility for future interventions.

what is the “The Foreign and International Monetary Authorities (FIMA) Repo Facility” ?
It allows eligible institutions that hold U.S. Treasury securities in custody at the Federal Reserve Bank of New York to temporarily exchange those securities for dollars.

why: serves as an alternative to selling Treasuries in the open market, helping to stabilize global dollar funding markets and support the smooth functioning of U.S. financial markets

how: The facility has a $60 billion per-counterparty limit and is priced at a premium to private repo rates (initially 25 basis points above the interest on excess reserves) to ensure it is used primarily during times of market stress.

“We should encourage it to be upsized in the coming months,” Bessent , August 2, 2026.

“Japan’s finance ministry said Monday it plans to use the FIMA repo facility for future interventions.”

temporary eh ?

[GVI Forex 2]

Newsquawk Daily US Opening News – 3rd August 2026

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

XAUUSD 4 HOUR – No man’s land

Unable to break free of its 4000-4100 no man’s land as it trades within a tighter 4020-4083 with key levels outside it at 3996-4120.

Beware that small moves in a tight range can have an exaggerated impact on emotional sentiment in ranges that seem too tight to last for too long.

[GVI Forex 2]

Forex Market Snapshot

The dollar is currently trading firmer after opening the week on a down note:

• One exception is the  JPY although USDJPY is well off its overnight low that paused above a 155.02 target (last 155.22). Offsets from short JPY cross position unwindings (e.g. carry trades) could be supporting the USD elsewhere.
• EURUSD briefly ran stops above 1.1550 (high 1.1559) and the retreat needs to hold above 1.15 to keep a bid.
• GBPUSD has retreated as well after a tepid test above 1.35 (high 1.3503) and needs to hold 1.3400 as support to keep its bid.
• USDCAD trying to establish a biod above 1.4000 that would need to take out 1./4060-68 to build momentum the other way.
• AUDUSD focus is back to ..7000 after pausing at the Power of 50 .7050 level.

[Mtl JP]

strategy schmatregy tragedy
–
Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake
– By Lee Ying Shan, cnbc

… Industry veterans told CNBC that one of Washington’s biggest concerns was avoiding a scenario where Japan would need to dump large quantities of Treasuries to finance unilateral intervention, given how the North Asian nation is the largest foreign holder of U.S. government debt. …/..

Washington’s biggest concerns = bessent’s brown spot in his pants
10-yr 4.698%

[Mtl JP]

re “Japan’s New Intervention Strategy”
–
U.S., Japan confirm coordinated yen intervention, signal readiness for more – By Lee Ying Shan, cnbc

something tells me alleged japn’s new strategy is for players a new opportunity to game tokyo

[Mtl JP]

USDJPY 155.33
plz mr. secretary … do NOT discourage japan from selling your paper

10-yr 4.698% at 8:54 PM EDT

darn by the time I am ready to hit submit usdyen at 156.12

[Author]

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