⚠️3 THINGS TO WATCH THIS WEEK ON WALL ST.:

- NONFARM PAYROLLS
- POWELL TESTIMONY
- ECB RATE DECISION

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🇷🇺 Russian President Vladimir Putin warns NATO of the risk of a nuclear confrontation over his war in Ukraine

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🇯🇵 Japan’s Nikkei 225 Breaches Key 40,000 Level for First Time

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📣 ​Apple fined $1.84BN in EU over anti-steering on iOS music streaming market

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🚨🚨🚨 Breaking : #BRICS announces creation of independent payment system based on cryptocurrency and blockchain.

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📊 World Indices :

SPX - 5,130.95 (-0.12%)

🚀 Cryptocurrencies :

Bitcoin USD - 67,776.10 (3.89%)
Ethereum USD - 3,779.18 (8.16%)

🌟 Commodities :

Crude - 78.24 (-0.64%)
Gold - 2,135.90 (0.45%)
Silver - 24.210 (0.91%)

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🚨🚨🚨 BREAKING : Twitter, YouTube, Google services, WhatsApp, TikTok and other popular services are recording outages all over the world.

In the Red Sea, 4 out of 15 submarine cables providing global Internet and telecommunications are critically damaged, – HGC Global Communications.

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📣 Elon Musk trolls Zuckerberg as Instagram servers have crashed.

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📣 Amazon plans massive 960 MW nuclear powered data centere.

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⚡️ BREAKING: 🇪🇬 Egypt's pound is today down over 50% against the US Dollar.

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📊 World Indices :

SPX - 5,078.65 (-1.02%)

🚀 Cryptocurrencies :

Bitcoin USD - 66,457.24 (-1.95%)
Ethereum USD - 3,837.54 (1.54%)

🌟 Commodities :

Gold - 2,144.30 (0.11%)
Crude - 79.20 (1.34%)
Silver - 24.005 (0.09%)

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🇺🇸 SUMMARY OF FED CHAIR POWELL TESTIMONY (3/6/24):

1. Do not expect rate cuts until "more confidence inflation is moving sustainably to 2%"
2. Inflation has improved but still above 2% long term target
3. There are risks to cutting interest rates too early and too late
4. Labor market demand still exceeds supply
5. "Likely appropriate" to cut rates sometime in 2024
6. The Fed "will carefully assess incoming data"

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📣 JP Morgan has slashed manual work by nearly 90% with new Artificial Intelligence driven management tools

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🚨🚨🚨 New York Community Bank $NYCB is now down 45% so far today and has been halted for news pending.

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📣 Elon Musk has said that he will drop lawsuit against OpenAI if they change their name to ClosedAI.

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🇫🇷 France becomes the first country in the world to make abortion a constitutional right.

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⚡️ Four countries -- 🇨🇳 China, 🇮🇳 India, the 🇺🇸 US and 🇮🇩 Indonesia -- are set to contribute more than half of the world's economic growth over the next five years, according to IMF forecasts.

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