Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

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๐Ÿ“Š World Indices :

SPX - 4,622.44 (0.39%)

๐Ÿš€ Cryptocurrencies :

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

๐ŸŒŸ Commodities :

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

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๐Ÿ‡ง๐Ÿ‡ท 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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๐Ÿ“ฃ Metaโ€™s, $META, new AI image generator was trained on 1.1 billion Instagram and Facebook photos, per TC.

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๐Ÿ‡ฆ๐Ÿ‡ช UAE-based Bitcoin mining โ› 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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๐Ÿ‡ฆ๐Ÿ‡ทArgentina'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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๐Ÿ“ฃ SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of Elon Muskโ€™s space and satellite company closer to $180 billion - Bloomberg

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๐Ÿ“Š World Indices :

SPX - 4,643.70 (0.46%)

๐Ÿš€ Cryptocurrencies :

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

๐ŸŒŸ Commodities :

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

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๐Ÿ“ŠRise and Fall of the U.S. Dollar

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๐Ÿ“‰ Pfizer $PFE is now trading at its lowest level in more than 10 years

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๐Ÿ”ฅ๐Ÿ”ฅThis 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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๐Ÿ”ฅ๐Ÿ”ฅJUST IN: ๐Ÿ‡บ๐Ÿ‡ธ 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 ๐Ÿšจ: 10-Year Treasury Yield drops below 4% for the first time since August

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๐Ÿ“Š World Indices :

SPX - 4,707.09 (1.37%)

๐Ÿš€ Cryptocurrencies :

Bitcoin USD - 42,563.14 (2.69%)
Ethereum USD - 2,279.57 (4.06%)

๐ŸŒŸ Commodities :

Silver - 24.34 (6.21%)
Gold - 2,050.40 (2.66%)
Crude - 71.27 (2.59%)

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๐Ÿšจ๐Ÿšจ๐Ÿšจ JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ US Congressman Ro Khanna officially introduces bill to ban #Congress & their spouses from trading #stocks.

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๐Ÿ‡บ๐Ÿ‡ธ Mortgage rates are down over 80 basis points over the last 6 weeks.

According to Bloomberg, the average 30-year mortgage is now down to 7.27%. It peaked at 8.09% on October 30th as the 10-year note yield hit 5%.

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๐Ÿ‡บ๐Ÿ‡ธ Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing

U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but thereโ€™s still further to go for the Federal Reserve to achieve its 2% inflation target.

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๐Ÿ”ต PayPal CEO Dan Schulman to step down at the end of the year

#PayPal announced that CEO Dan Schulman will resign from the board of PayPal Holdings, Inc., effective December 31, 2023.

Schulman served as President and CEO of PayPal from 2015 to 2023. He has been a member of the PayPal board since 2015.

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๐Ÿ“Š World Indices :

SPX - 4,719.55 (0.26%)

๐Ÿš€ Cryptocurrencies :

Bitcoin USD - 42,305.54 (-0.61%)
Ethereum USD - 2,249.72 (-1.31%)

๐ŸŒŸ Commodities :

Gold - 2,044.70 (-0.01%)
Silver - 24.215 (-0.7%)
Crude - 71.91 (0.46%)

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๐Ÿฆ #JPMorgan drained $50m clientโ€™s money for 5 years๐Ÿ“‰๐Ÿ“‰

At the age of 78, Peter Delger sold his company and retired and transferred his entire $50 million fortune to #JPMorgan on the condition that the bank act as a financial advisor and help raise capital.

After 5 years of investment, only $1.5 million ๐Ÿ’” was left of the $50 million, money lost on risky investments suggested by the bank's analysts. ๐Ÿคฏ

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๐Ÿ“Š The stock market is near all time highs with:

1. Core inflation still at 4%, double the Fed's target
2. The Fed beginning to backtrack on their "pivot"
3. Markets expecting 6-8 rate CUTS in 2024 while Fed expects 3
4. The $VIX trading at its lowest since 2020
5. US interest expense on track to top $1 trillion in 2024

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๐Ÿ“ฃ Costco $COST sold more than $100 Million worth of gold bars last quarter - CNBC

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