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Macro Economic Events

Macro Economic Events

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  • Commodities
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Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

By Piero Cingari
July 28, 4:21 PM
Crude oil has gained five weeks in a row, almost undetected by investors who are completely focused on…

BKR

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2 minute read
  • Economics
  • Macro Economic Events
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‘NVIDIA’s AI GPUs In China Now Selling At A Tremendous 500,000 Yuan Price Tag’ – WCCFtech

By Happy Mohamed
July 28, 1:56 PM
https://wccftech.com/nvidias-ai-gpus-in-china-now-selling-at-a-tremendous-500000-yuan-price-tag/ NVIDIA has benefited tremendously from the AI hype, generating revenue figures not yet seen in the industry. A report

FXI

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PCE Report Signals Easing Inflation: Top Wall Street Economists Weigh In On Market Implications

By AJ Fabino
July 28, 11:27 AM
The Federal Reserve’s favored inflation indicator, the Personal Consumption Expenditure (PCE) price index, saw a slight decrease in price pressures in June, easing investors’ concerns about a potentially destabilizing in

INTC

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4 minute read
  • Economics
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“Schumer Touts ‘Good Progress’ On Marijuana Banking Bill, Saying It Has ‘Always Been A Priority For Me'” – Marijuana Moment

By Happy Mohamed
July 28, 11:05 AM
https://www.marijuanamoment.net/schumer-touts-good-progress-on-marijuana-banking-bill-saying-it-has-always-been-a-priority-for-me/ Senate Majority Leader Chuck Schumer (D-NY) says lawmakers are “making good

ACB

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  • Economics
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‘Moscow Says It Shot Down Ukrainian Missile Over Russian City, Arrested Oil Refinery Bomber’ – Reuters News

By Happy Mohamed
July 28, 10:45 AM
https://www.reuters.com/world/europe/moscow-says-it-shot-down-ukrainian-missile-over-russian-city-arrested-oil-2023-07-28/  The Russian military said on Friday it had shot down a Ukrainian missile over the southern

SPY

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’27 Confirmed Monkeypox Cases Reported In India: Government To Lok Sabha’ – The Economic Times

By Happy Mohamed
July 28, 10:35 AM
https://economictimes.indiatimes.com/news/india/27-confirmed-monkeypox-cases-reported-in-india-government-to-lok-sabha/articleshow/102208281.cms Till July 24, a total of 27 confirmed cases of monkeypox disease were

AEMD

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  • Broad U.S. Equity ETFs
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Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady

By Piero Cingari
July 28, 8:43 AM
Inflation statistics keep pointing to a gradual decrease in price pressures across the economy. This is what emerges from the…

SPY

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2 minute read
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VIX Climbs 10%, Dow’s Record Streak Snaps After Bank of Japan’s Surprise: Why Are Markets Flipping Thursday?

By Piero Cingari
July 27, 4:11 PM
Risk sentiment sharply deteriorated in Thursday’s afternoon session, and volatility made a strong comeback in the market. The…

DIA

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  • Economics
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“BOJ To Discuss Yield Curve Control Tweak To Allow Rates Over 0.5%; The Proposed Change Would Keep Rate Ceiling, But Allow For Moderate Rises Beyond That Level” – Nikkei Asia

By Happy Mohamed
July 27, 1:11 PM
https://asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-yield-curve-control-tweak-to-allow-rates-over-0.5  The Bank of Japan will discuss tweaking its yield curve control policy at a policy board meeting

EWJ

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3 minute read
  • Economics
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Fed’s Preferred Measure Of Inflation In Focus: Implications Of June’s PCE Inflation Figure For September’s Interest Rate Decision

By Piero Cingari
July 27, 12:23 PM
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%,…

TIP

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