Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

Contact : @San_Crypto @Sky_PV
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📊 Key Events This Week:

1. November CPI Inflation data - Tuesday
2. OPEC Monthly Report - Wednesday
3. November PPI Inflation data - Wednesday
4. Fed Rate Decision and Statement - Wednesday
5. Retail Sales data - Thursday
6. Initial Jobless Claims - Thursday
7. NY Fed Manufacturing Survey - Friday
8. Services / Manufacturing PMI - Friday

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🥇 Grayscale CEO tells CNBC he is optimistic that a spot #Bitcoin ETF will be approved in early 2024

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🇨🇳 Chinese exports to the US are now down a massive ~20% from their peak.

Meanwhile, Chinese exports to the rest of the world are down just 5%.

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📊 The S&P 500 just hit a new 52 week high despite:

1. Magnificent 7 down $200 billion in market cap today
2. Treasury yields hitting their highest in 10 days
3. Fed rate CUT expectations pushed back to May 2024
4. Oil prices rising back above $70 per barrel
5. Bitcoin falling 5% in a matter of minutes

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🇨🇳 Chinese property stocks are now down ~65% from their highs and back to 2008 levels. Over the last year, sales of Chinese property stocks are down almost 25%.

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🇪🇺 🥇 #Bitcoin has surged 166% since the European Central Bank said it was on the 'road to irrelevance'

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🇺🇸 $FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds

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👀 Couple saw their net wealth drop from $50 million to $1.5 million after taking investment advice from JP Morgan

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JUST IN: 🇺🇸 USA - annual inflation was announced as 3.1%.

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📊 World Indices :

SPX - 4,622.44 (0.39%)

🚀 Cryptocurrencies :

Bitcoin USD - 41,793.67 (-0.59%)
Ethereum USD - 2,222.54 (-0.52%)

🌟 Commodities :

Silver - 23.230 (0.75%)
Gold - 1,999.80 (0.31%)
Crude - 70.64 (-0.95%)

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🇧🇷 Brazil's first lady #X account hacked, authorities open investigation

Brazilian First Lady Rosangela "Janja" Silva had her account on social media platform X hacked on Monday, prompting local authorities to launch an investigation and request that the #ElonMusk owned company freeze her profile.

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📣 Meta’s, $META, new AI image generator was trained on 1.1 billion Instagram and Facebook photos, per TC.

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🇦🇪 UAE-based Bitcoin mining firm Phoenix Group PLC orders mining equipment valued at $136M, with an additional option worth $246M, from Whatsminer ASICs maker Microbt.

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🇦🇷Argentina's President Javier Milei announces currency devaluation by 54% and spending cuts in an effort to revive the economy.

The new exchange rate has been adjusted to 800 Argentine Pesos per US dollar.

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📣 SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of Elon Musk’s space and satellite company closer to $180 billion - Bloomberg

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📊 World Indices :

SPX - 4,643.70 (0.46%)

🚀 Cryptocurrencies :

Bitcoin USD - 41,447.74 (-0.83%)
Ethereum USD - 2,193.40 (-1.42%)

🌟 Commodities :

Crude - 69.32 (1.03%)
Gold - 1,998.00 (0.24%)
Silver - 23.015 (-0.0%)

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📊Rise and Fall of the U.S. Dollar

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📉 Pfizer $PFE is now trading at its lowest level in more than 10 years

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🔥🔥This is not an altcoin.

This is a 1-minute chart of the S&P 500 index after the Fed signaled they may cut interest rates next year.

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🔥🔥JUST IN: 🇺🇸 Former President Trump says the US will have "one of the greatest economic years the nation has ever recorded" if elected in 2024.

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JUST IN 🚨: 10-Year Treasury Yield drops below 4% for the first time since August

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