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πŸ‡ΉπŸ‡· Turkey raises interest rate by 250 basis points, up to 17.5%, the highest since September, 2021.

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πŸ“Ή Google $GOOGL owned YouTube has increased the price of its Premium subscription to $13.99 a month in the US up from $11.99 per month - The Verge

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πŸ“‰Infosys shares tumble 10% after cut in full-year revenue guidance

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πŸ”΅ Twitter is prepping a job listings feature for verified organisations

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πŸ“Š World Indices :

SPX - 4,541.86 (0.15%)

πŸš€ Cryptocurrencies :

Bitcoin USD - 29,800.41 (-0.66%)
Ethereum USD - 1,889.05 (-1.14%)

🌟 Commodities :

Gold - 1,962.90 (-0.41%)
Crude - 76.10 (0.59%)
Silver - 24.880 (-0.33%)

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πŸ“‰ The S&P 500 will fall at least 15% to between 3,600 and 3,800 by the end of the year warns Piper Sandler strategist Michael Kantrowitz

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πŸ‡¨πŸ‡³ Just an FYI, since the start of its pilot program in 2020, China's CBDC has registered almost $250bn in transaction volume.

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πŸ“ The number of public companies has decreased whereas backing by private equity has increased, per Bloomberg

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BREAKING: πŸ‡°πŸ‡΅ N. KOREA LAUNCHED MULTIPLE MISSILES

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πŸ‡ΊπŸ‡Έ The White House said that Google, $GOOGL, Meta, $META, ChatGPT-creator OpenAI and others have agreed to add watermarks on AI-generated content

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πŸ”΅ Twitter to introduce daily limit on DMs for unverified accounts

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πŸ“£ ChatGPT comes to Android next week

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πŸ“Š World Indices :

SPX - 4,536.34 (0.03%)

πŸš€ Cryptocurrencies :

Bitcoin USD - 29,855.87 (0.19%)
Ethereum USD - 1,886.64 (-0.13%)

🌟 Commodities :

Silver - 24.78 (-0.73%)
Crude - 76.83 (1.56%)
Gold - 1,963.90 (-0.36%)

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πŸ“‰ Sharp decline in number of Threads daily active users

7th July: 44 million
8th July: 42 million
9th July: 37 million
10th July: 35 million
11th July: 31 million
12th July: 29 million
13th July: 28 million
14th July: 28 million
15th July: 25 million
16th July: 14 million
17th July: 13 million

(Source: Sensor Tower)

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πŸ‡¨πŸ‡³Chinese property developer Evergrande has posted a $81 billion loss over the past two years.

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πŸ”΅ Twitter is reportedly changing their logo to X

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πŸ‡§πŸ‡Ύ President of Belarus says Wagner Group forces in his country want to go on an 'excursion' to Warsaw, Poland.

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πŸ“Š World Indices :

SPX - 4,536.34 (0.03%)

πŸš€ Cryptocurrencies :

Bitcoin USD - 29,891.34 (0.12%)
Ethereum USD - 1,873.87 (-0.68%)

🌟 Commodities :

Silver - 24.78 (-0.73%)
Gold - 1,963.90 (-0.36%)
Crude - 76.83 (1.56%)

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πŸ“ Key Events This Week:

1. Consumer Confidence data - Tuesday
2. New Home Sales data - Wednesday
3. Fed Interest Rate Decision - Wednesday
4. Q2 2023 GDP data - Thursday
5. PCE Inflation data - Friday
6. ~20% of S&P 500 companies report earnings

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πŸ‡ΊπŸ‡ΈFEDERAL RESERVE THIS WEEK:

FED INTEREST RATE DECISION (WED. 2:00PM ET)
FED FOMC STATEMENT (WED. 2:00PM ET)
FED CHAIR POWELL SPEAKS (WED. 2:30PM ET)

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πŸ“£ Elon Musk says if done right, X would become half of the global financial system.

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