๐จ๐ณ Chinese Yuan hits strongest level against the U.S. Dollar in almost 3 years.
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๐จ๐จ Silver down 40% from all-time highs.
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โผ๏ธ A near $10 trillion swing in precious metals market cap over 24 hours.
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๐ $100 billion deal talks between OpenAI and Nvidia, have stalled, per WSJ.
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๐บ๐ธ Senate officially passes bill to avoid US government shutdown.
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๐ฎ๐ณ India announces zero tax till 2047 for cloud companies setting up data centres in India under Budget 2026.
@Fin_Watch
@Fin_Watch
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๐จ๐ณ China Becomes First Country in the World to Hit $43 Trillion GDP (PPP).
95% of people in China now own their own homes.
@Fin_Watch
95% of people in China now own their own homes.
@Fin_Watch
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๐จ๐ณ Chinese President Xi Jinping calls for the yuan to become global reserve currency.
@Fin_Watch
@Fin_Watch
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๐บ๐ธ๐จ๐ณ Elon Musk says China's electricity generation is growing fast and will be 3x larger than the US, led by massive solar growth.
@Fin_Watch
@Fin_Watch
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๐ฎ๐ท๐ช๐บ Iran says the EU is "impotent" and "can't control Ukraine nor Greenland."
@Fin_Watch
@Fin_Watch
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๐จ๐จ South Korea halts all program trading sell orders as its stock market downturn accelerates.
@Fin_Watch
@Fin_Watch
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๐ JPMorgan's, $JPM, Jamie Dimon has said that the bank will have fewer jobs in five years than it does now due to AI.
@Fin_Watch
@Fin_Watch
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๐บ๐ธ Trump builds $483 mln war chest ahead of midterm elections - Campaign finance filings show Republicans outraising Democrats.
@Fin_Watch
@Fin_Watch
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๐บ๐ธ Bank of America says Kevin Warshโs Fed is unlikely to bring rapid policy shifts.
He may push for a smaller, shorter-duration balance sheet and limit Fed โmission creep,โ but near-term rate cuts are likely supported.
@Fin_Watch
He may push for a smaller, shorter-duration balance sheet and limit Fed โmission creep,โ but near-term rate cuts are likely supported.
@Fin_Watch
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๐บ๐ธ๐ฎ๐ณ India agrees to reduce tariffs on the United States to 0% and will stop buying Russian oil.
In return, the US will reduce tariffs from 25% to 18%
@Fin_Watch
In return, the US will reduce tariffs from 25% to 18%
@Fin_Watch
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