Month: June 2022

Brent Surges To Close Above $121

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🛢 🛢 #Brent Crude Closes Above $121 Per Barrel. #Backwardation Has Formed A #Bullish Pattern
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Fed’s Mester: Too Early To Say If Jobs Report Changes Policy

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🇺🇸 🇺🇸 #Fed’s #Mester:US jobs report was strong. #Too #early to say if jobs report changes rate policy
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Brent Trades Above $118.30

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🚨 🚨 BREAKING: #Brent Recovers From Earlier Losses, Trades Above $118.30
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IMF: Dollar’s Dominance Is Shrinking

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💵 💵 The #dollar’s #dominance is #eroding in the face of non-traditional reserve currencies, #IMF economists say
Point To Note: Currencies including the krona and won account for three-quarters of the shift from the greenback
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Turkey’s Inflation Surges To 73%

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🇹🇷 🇹🇷 BREAKING: #Turkey’s #inflation #soars to 73%, a 23-year high, as food and energy costs #skyrocket
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Walmart Plans New Fulfillment Centers

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🚨 🚨 #Walmart plans to launch four new high-tech #fulfillment centers
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Europe Is Undervalued

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🚨 🚨 #Europe Is #Undervalued: The Stoxx Europe 600 is trading at about 12.6 times estimated earnings for the coming year, below its average of 14.5 for the past decade
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Traders See 50 Point ECB Rate Hike In Oct

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🇪🇺 🇪🇺 #ECB Traders Raise Rate Bets, See #Half-#Point #Hike by #October
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Tesla: South Korean Day Traders Buy $1B Of Stock

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🇰🇷 🇰🇷 BREAKING: #South #Korean #Day #Traders #Buy #Record $1 Billion Worth Of #Tesla Shares In #May
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