🇺🇸 US national debt now exceeds 123% of GDP.

@Fin_Watch

🚨🚨 Global physical gold-backed ETFs attracted +$6.4 billion in inflows last week, their largest weekly intake since January.

@Fin_Watch

🇺🇸 Trump administration pauses US visa appointments for applicants worldwide as part of a global training program for consular officers and broader immigration crackdown.

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🇺🇸 U.S. new home sales crashed 10.5% in July, falling to the lowest level since January.

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🇨🇳 China's central bank will inject up to 600 billion yuan ($89 billion) daily into its banking system starting tomorrow.

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🇺🇸 US banks are sitting on $326.7 billion in unrealized losses, per the FDIC's Q2 2026 report.

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🇮🇷 Iran says the Strait of Hormuz will remain closed until the U.S. lifts its naval blockade and the war permanently ends, including fighting in Lebanon.

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🚨🚨 An oil tanker has been struck in the Strait of Hormuz.

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🇨🇳 China successfully tested a drug in mice that can extend human life to 150 years: Report

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🇺🇸 New York City is the wealthiest city in the world, with an estimated 1 out of every 22 residents being a millionaire.

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🇮🇳 Indian Investors pumped $457 million into foreign markets in June, their largest monthly overseas investment in history.

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🇺🇸 Meta is set to pay $18 billion to settle lawsuits over social media addiction among children in the United States.

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🚨🚨 JPMorgan warns global food prices could nearly double by 2027 due to fertilizer shortages and a possible El Niño.

The bank sees food inflation rising from 2.8% now to 5% by early 2027.

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🇰🇷 Bank of Korea raises interest rates by 25 BPS to 3.00%, marking its second consecutive rate hike.

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🇨🇳 Chinese yuan hits its highest level against the U.S. dollar since January 2023.

The yuan has now strengthened more than 9% against the dollar in the last 4 months.

@Fin_Watch

🇯🇵 Bank of Japan is moving closer to another rate hike, with markets now pricing an 82% chance of a September move.

BOJ Deputy Governor Ryozo Himino says the bank needs to pay more attention to the risk of inflation moving above its 2% target.

@Fin_Watch

🇯🇵 Japanese investors sold ¥1.97 Trillion of foreign bonds last week, the largest weekly sale in 5 months.

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🇺🇸 US wages and salaries fall to just 43% of national income, the lowest since the Great Depression.

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🇺🇸 Venezuela discusses leaving OPEC as U.S. negotiates stake in oil fields, aiming to diminish OPEC influence.

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🇺🇸 Federal judge rules the Trump administration's blacklisting of Anthropic was illegal, finding it violated the company's First Amendment rights.

@Fin_Watch