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JUST IN: 🇷🇺 Russian President Putin announces BRICS will form its own parliament.
"BRICS doesn't have an institutionalized parliamentary structure yet, but I believe that this idea will definitely be implemented in the future in the future."
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"BRICS doesn't have an institutionalized parliamentary structure yet, but I believe that this idea will definitely be implemented in the future in the future."
@Fin_Watch
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🇺🇸 JPMorgan just said it now expects Jerome Powell and the Fed to start cutting rates in September earlier than its previous November forecast
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🇺🇸 67% of voters say Biden should step aside as the presumptive Democratic nominee, per ABC.
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🇺🇸 Market now says there is a 93% chance of at least a 25 bps interest rate cut in September. One important thing to also keep in mind is that September is the last Fed meeting before the Election.
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BREAKING: 🇺🇸 US intelligence officials say 🇷🇺 Russia has a plan to interfere in the 2024 election to help Trump.
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📣 Jeff Bezos of Amazon, $AMZN, has just filed for sale of another $400 million in $AMZN shares.
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BREAKING: 🇺🇸 Annualized interest payments on US federal debt just reached an all-time high of $1.14 trillion.
This is more than DOUBLE the amount of interest recorded in 2022 when the Fed started raising rates.
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This is more than DOUBLE the amount of interest recorded in 2022 when the Fed started raising rates.
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BREAKING: 🚨 Hackers stole "nearly all" of AT&T's 110 million customers' call and text interactions - CNN
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🚨 Elon Musk says "the European Commission offered X an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us.
The other platforms accepted that deal.
X did not."
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The other platforms accepted that deal.
X did not."
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📣 Meta Platforms plans to release the largest version of its open-source Llama 3 model on July 23,
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🇺🇸 US bankruptcies just hit their highest level in 14 years:
346 companies have declared bankruptcy through June 2024, the most since 2010, a year after the Financial Crisis.
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346 companies have declared bankruptcy through June 2024, the most since 2010, a year after the Financial Crisis.
@Fin_Watch
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Number of billionaires.
🇺🇸 US: 735
🇨🇳 China: 495
🇮🇳 India: 169
🇩🇪 Germany: 126
🇷🇺 Russia: 105
🇭🇰 Hong Kong: 66
🇮🇹 Italy: 64
🇨🇦 Canada: 63
🇹🇼 Taiwan: 52
🇬🇧 UK: 52
🇧🇷 Brazil: 51
🇦🇺 Australia: 47
🇫🇷 France: 43
🇨🇭Switzerland: 41
🇯🇵 Japan: 40
(Source: Forbes)
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🇺🇸 US: 735
🇨🇳 China: 495
🇮🇳 India: 169
🇩🇪 Germany: 126
🇷🇺 Russia: 105
🇭🇰 Hong Kong: 66
🇮🇹 Italy: 64
🇨🇦 Canada: 63
🇹🇼 Taiwan: 52
🇬🇧 UK: 52
🇧🇷 Brazil: 51
🇦🇺 Australia: 47
🇫🇷 France: 43
🇨🇭Switzerland: 41
🇯🇵 Japan: 40
(Source: Forbes)
@Fin_Watch
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BREAKING 🚨: U.S. Debt
Cost of U.S. Debt approaches $1.15 Trillion, the highest level in history
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Cost of U.S. Debt approaches $1.15 Trillion, the highest level in history
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🇺🇸U.S. ECONOMIC DATA THIS WEEK:
• NY FED MANUFACTURING INDEX (MON.)
• RETAIL SALES (TUES.)
• BUILDING PERMITS (WED.)
• HOUSING STARTS (WED.)
• INDUSTRIAL PRODUCTION (WED.)
• JOBLESS CLAIMS (THURS.)
• PHILLY FED MANUFACTURING INDEX (THURS.)
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• NY FED MANUFACTURING INDEX (MON.)
• RETAIL SALES (TUES.)
• BUILDING PERMITS (WED.)
• HOUSING STARTS (WED.)
• INDUSTRIAL PRODUCTION (WED.)
• JOBLESS CLAIMS (THURS.)
• PHILLY FED MANUFACTURING INDEX (THURS.)
@Fin_Watch
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1. Fed Chair Powell Speaks - Monday
2. June Retail Sales data - Tuesday
3. June Building Permits data - Wednesday
4. Philly Fed Manufacturing data - Thursday
5. Total of 11 Fed speaker events this week
6. Large banks report Q2 2024 earnings
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🇺🇸 U.S. Equity Funds saw a weekly inflow of more than $15 billion to finish June, the largest weekly inflow in 12 months
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