๐บ๐ธ US companies announce just 1,494 new jobs in August, the lowest for the month since 2009, per WSJ
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๐บ๐ธ President Trump to sign executive order renaming the Department of Defense to Department of War.
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๐จ Nvidia $NVDA is paying cloud company Lambda $1.3 Billion to rent its own AI chips over four years.
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๐บ๐ธ๐ฎ๐ณ President Trump is reportedly considering blocking US tech companies from outsourcing jobs to India.
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๐จ๐จ Foreign Central Banks now own more Gold than U.S. Treasuries for the first time in almost 30 years
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๐ Key Events This Week:
1. 12-Month BLS Data Revision - Tuesday
2. August PPI Inflation data - Wednesday
3. OPEC Monthly Report - Thursday
4. August CPI Inflation data - Thursday
5. MI Consumer Sentiment data - Friday
6. MI Inflation Expectations data - Friday
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1. 12-Month BLS Data Revision - Tuesday
2. August PPI Inflation data - Wednesday
3. OPEC Monthly Report - Thursday
4. August CPI Inflation data - Thursday
5. MI Consumer Sentiment data - Friday
6. MI Inflation Expectations data - Friday
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๐จ๐ณ Chinaโs central bank extends gold buying spree to 10 consecutive months as it tries to rely less on U.S dollars in its reserve.
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JUST IN: ๐จ๐จ JPMorgan warns the Fedโs September 17 rate cut decision could spark a โsell the newsโ pullback in U.S. stocks.
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๐บ๐ธ Standard Chartered now expects the Fed to cut rates by 50 bps next week after weak U.S. jobs data.
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NEW : ๐ท๐บ Russia warns US is trying to exploit global crypto users to erase its $35T debt, by pushing stablecoin adoption (backed by U.S. Treasuries), then devaluing the dollar.
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