🇺🇸 UPDATE: Markets are pricing in a 98.3% chance of a Fed rate cut to 3.75–4.00% at the October 29 meeting.
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🇺🇸 Fed Chair Powell: "Data before the government shutdown indicates that growth may be stronger than expected."
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JUST IN : 🇺🇸 A White House official confirmed President Trump and Chinese President Xi Jinping will meet to discuss trade.
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NEW : 💰 Powell declined to comment on gold or #Bitcoin prices, stating inflation is driven by fundamental supply and demand factors.
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🇺🇸 Blackrock, $BLK, CEO Larry Fink has said that America still is the best place in the world to invest.
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🇺🇸 Trump: "We have a fair relationship with China, I think everything will go well. If it doesn't, that's okay."
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JUST IN: 🚨🇺🇸 No U.S. CPI data will be released tomorrow due to the USA government shutdown. the data has been delayed to October 24.
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JUST IN: 🔥 Nvidia and BlackRock are teaming up on a $40B acquisition of a major global data center firm.
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JUST IN: 🚨🚨🚨 According to WSJ(Wall Street Journal), China 🇨🇳 is deliberately pushing down markets to pressure Trump 🇺🇸 into major trade concessions.
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🚨🚨 Government Shutdown is now expected to last almost 40 days according to prediction markets.
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⚡️ Morgan Stanley, $MS, has suggest a 60/20/20 split, with gold taking 20% of a portfolio.
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🚨🚨 Gold just smashed a new record high, increasing by $2.3 TRILLION total market cap in one week.
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