Financial World Updates
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Received real time updates about the Financial World ๐ŸŒŽ

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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

๐Ÿ‡จ๐Ÿ‡ณ China's AI powered car inspection system scans through over 1,000 functions in just 3 hours.


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NVIDIA: -6%
APPLE: -9%
GOOGLE: -12%
AMAZON: -15%
TESLA: -15%
MICROSOFT: -19%
BITCOIN: -23%
MSTR: -33%


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

๐Ÿ‡ธ๐Ÿ‡ฆ๐Ÿ‡จ๐Ÿ‡ณ Saudi Arabia's oil exports to China set to reach multi-year high.


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๐Ÿฆบ๐Ÿ‘“๐Ÿ•ถ๐Ÿฅฝ๐Ÿฅผ

๐Ÿ‡ฎ๐Ÿ‡ณ Rolls-Royce to add 10,000 jobs in India.


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

๐Ÿ‡บ๐Ÿ‡ธ U.S. National Debt projected to soar to $64 Trillion over the next decade.


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Key Events of the Week

๐Ÿ“…Monday

Presidents' Day, US Markets Closed

๐Ÿ“… Wednesday

December Durable Goods Orders data

Fed Meeting Minutes

๐Ÿ“… Friday

December PCE Inflation data


โ— Total of 10 Fed speaker events this week

โ— ~15% of S&P 500 companies report earnings


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๐Ÿฅญ๐Ÿ‡๐Ÿˆ๐ŸŠ๐Ÿ’

Since 2020, countries have added nearly 2,000 tons of gold to their reserves, according to data from Visual Capitalist.

Top gold buyers since 2020:
โ€ข China: +357 tons
โ€ข Poland: +314 tons
โ€ข Turkey: +251 tons
โ€ข Italy: +245 tons
โ€ข Brazil: +105 tons

Whatโ€™s behind it?

โ–ช๏ธBeijing continues its long-term strategy of reducing reliance on the US dollar.
โ–ช๏ธWarsaw is hedging against economic and political instability in the EU.

Then retail investors joined the party โ€” and gold prices went vertical ๐Ÿ“ˆ
As a side effect, silver also pumped, becoming the โ€œcheap alternativeโ€ once gold started to look too expensive.



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๐Ÿˆ Warren Buffett:

"It'll do you good to own a lot of other currencies besides the US Dollar".



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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ


๐Ÿ‡บ๐Ÿ‡ธ US Oil Output Turns Negative Year Over Year

US oil production has slipped into annual decline for the first time in 5 years.

At the same time, oil is one of the most heavily shorted assets in over a decade.

Supply tightening while positioning leans hard one way.


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

๐Ÿ‡บ๐Ÿ‡ธ US discovers lithium deposit worth $1.5 trillion beneath ancient supervolcano in Nevada.


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๐Ÿฆบ๐Ÿ‘“๐Ÿ•ถ๐Ÿฅฝ๐Ÿฅผ

๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡บ๐Ÿ‡ธ India says US to lower tariffs on Indian goods to 18% this week.


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๐Ÿฆบ๐Ÿ‘“๐Ÿ•ถ๐Ÿฅฝ๐Ÿฅผ

๐Ÿ‡จ๐Ÿ‡ณ Xi Jinping, President of the People's Republic of China, has directed that the yuan should be made a global reserve currency.


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๐Ÿฆบ๐Ÿ‘“๐Ÿ•ถ๐Ÿฅฝ๐Ÿฅผ

๐Ÿ‡บ๐Ÿ‡ธTrump:

โ€œInflation is down and the Stock Market and your 401kโ€™s are WAY UPโ€




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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท President Trump says he doesnโ€™t think Iran wants the consequences of not making a deal.


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

Elon Musk says he has less than $850 million in cash, 0.1% of his net worth.


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

๐Ÿ‡ฎ๐Ÿ‡ณ Indiaโ€™s Forex Reserves Fall $6.7Bn To $717 Bn As Gold Holdings Decline: RBI


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โš ๏ธ๐Ÿšฏโ†ช๏ธ๐Ÿ”‚โฌ…๏ธ

Wintermute launched institutional OTC trading for tokenized gold and expects the market to reach $15 billion by 2026.


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