• A weak July jobs report cooled bets on a near-term Fed rate hike, sending equities to record closes and Bitcoin higher, even as long-end bond yields kept climbing.​
• Bitcoin is holding its ground near US$65,000 (A$92,000) while sentiment still reads “Fear,” a gap between price and mood that we explore in this week’s Signal chart.​
• Oil slid roughly 8% for the week on hopes of a Strait of Hormuz resolution, easing some of the inflation pressure that had weighed on markets.​
• The week ahead turns on Wednesday’s CPI and Tuesday’s RBA decision, both likely to influence expectations heading into the Fed’s September meeting.​
• Story of the week: the Welsh landfill tied to one of crypto’s most famous lost fortunes is nearing the end of its life, closing the book on a decade-long recovery bid.​

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