#MarketNews

🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:

⚡️ Xi Jinping outlined a vision for enhanced cooperation with Arab states in technology and finance, reiterating China's support for UN membership in Palestine.

🇯🇵 According to Columbia professor Takatoshi Ito, the Bank of Japan may raise interest rates two more times in 2024 but should avoid responding directly to the weak yen.

🇳🇿 New Zealand's government has cut taxes by NZ$14.7 billion, targeting low and middle-income families, despite a widening budget deficit and delayed return to surplus.

💸 BlackRock integrated its Bitcoin ETF into significant funds, expanding Bitcoin access for millions of clients worldwide.

🇨🇳 Chinese EV makers are launching new models and investing in Europe to compete with Tesla and legacy automakers through local adaptation and strategic marketing.

🇸🇦 Saudi Arabia plans to launch a $10 billion secondary offering of Aramco shares on Sunday to attract Middle Eastern and European investors and diversify its economy.

🛢 ConocoPhillips will acquire Marathon Oil for $17.1 billion in stock, giving Marathon shareholders a 15% premium and expanding ConocoPhillips' US shale operations. ConocoPhillips (#COP) shares fell 3.12%.

⭐️ Google will invest $2 billion in Malaysia to build its first data center and a cloud facility, creating 26,500 jobs and generating an economic impact of $3.2 billion. Google (#GOOGLE) shares fell 0.35% today.

That's it for today, guys! Click on 🔥if you liked our review, and see you soon!

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