๐จ๐ณ Bloomberg reports that China-based Evergrande's $78 billion revenue overstatement is 'one of the biggest financial fraud cases in history'
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๐ธ๐ป El Salvador says itโs sitting on an $84 million profit after bitcoinโs record-breaking run, per MW
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๐ฃ Central Banks around the world are building gold positions at the fastest pace in at least the last half century
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๐ World Indices :
SPX - 5,175.19 (-0.06%)
๐ Cryptocurrencies :
Bitcoin USD - 63,536.63 (0.14%)
Ethereum USD - 3,340.11 (1.65%)
๐ Commodities :
Gold - 2,158.40 (-0.06%)
Silver - 25.17 (0.14%)
Crude - 82.33 (-1.37%)
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SPX - 5,175.19 (-0.06%)
๐ Cryptocurrencies :
Bitcoin USD - 63,536.63 (0.14%)
Ethereum USD - 3,340.11 (1.65%)
๐ Commodities :
Gold - 2,158.40 (-0.06%)
Silver - 25.17 (0.14%)
Crude - 82.33 (-1.37%)
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There's a 99% chance Jerome Powell and the ๐บ๐ธ Fed are going to make no changes today according to the CME FedWatch Tool
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๐บ๐ธUS government is granting Intel $INTC up to $8.5 Billion to help fund new chip plants in four states - WSJ
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๐ป๐ณ President of Vietnam resigned
๐ฎ๐ชPrime Minister of Ireland Resigned
๐ฎ๐ฑ Israel's Army Chief of Staff announced his resignation
๐ฐ๐ทSouth Korean Official for the President resigned
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1. Fed leaves rates unchanged for 5th straight meeting
2. Fed continues to expect 3 interest rate cuts in 2024
3. Core PCE inflation forecast for 2024 raised to 2.6%
4. Fed says inflation "has eased but remains elevated"
5. Fed does not expect rate cuts until "greater confidence" inflation is moving to 2%
6. Fed now only sees 2 rate cuts in 2025, fewer cuts in 2026
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๐บ๐ธ Fed Chair Powell says the Federal Reserve is not working on a CBDC, and has no plans to propose one.
"It's wrong to say we're working on a CBDC."
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"It's wrong to say we're working on a CBDC."
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๐ซ BREAKING: Elon Musk is once again the richest man in the US, overtaking Jeff Bezos. ๐บ๐ธ
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๐ World Indices :
SPX - 5,254.03 (0.56%)
๐ Cryptocurrencies :
Bitcoin USD - 66,715.36 (5.0%)
Ethereum USD - 3,520.71 (5.3%)
๐ Commodities :
Silver - 25.315 (0.84%)
Crude - 80.99 (-0.34%)
Gold - 2,198.20 (1.72%)
@Fin_Watch
SPX - 5,254.03 (0.56%)
๐ Cryptocurrencies :
Bitcoin USD - 66,715.36 (5.0%)
Ethereum USD - 3,520.71 (5.3%)
๐ Commodities :
Silver - 25.315 (0.84%)
Crude - 80.99 (-0.34%)
Gold - 2,198.20 (1.72%)
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๐ฌ๐ง Bank of England keeps interest rates unchanged despite previously saying UK Inflation was โpretty much guaranteedโ to fall rapidly this year
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JUST IN: ๐ฏ๐ต Japan's core inflation accelerates to 2.8%, the first increase in 4 months. Japan's core inflation has now been above the Bank of Japan's 2% target for 23 consecutive months.
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