Month: July 2022

Bearish Oil? Think Again

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🛢 🛢 #Oil markets remain in #backwardation, a #bullish pattern marked by near-term prices trading above longer-dated ones. Brent’s prompt spread — the difference between its two nearest contracts — was $4.52 a barrel, up from $2.88 a month ago
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Goldman Hires Former Australian Treasurer

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🇺🇸 🇺🇸 #Goldman Sachs has appointed former #Australian #Treasurer Josh Frydenberg as a senior regional adviser for the Asia-Pacific region
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ADB Cuts Asia’s Growth Forecasts

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🌏 🌏 BREAKING: The #Asian #Development #Bank has cut its economic growth forecasts for developing Asia, reflecting “worsened” prospects because of the war in Ukraine, faster monetary policy tightening in advanced economies and China’s Covid lockdowns
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Something Fishy In Australia

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🇦🇺 🇦🇺 There Is Something Very Fishy About This – Australian Prime Minister advises the #RBA not to ‘overreach’ on interest rate rises
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Blackrock Loses Record Amount Of Money

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🚨 🚨 BREAKING: #BlackRock (BLK) just lost the largest amount of money lost by a single firm over a six-month period. In the first half of this year, it lost $1.7 trillion of clients’ money
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Nasdaq Jumps 3.9% For The Week

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🚨 🚨 #Nasdaq Jumps 3.9% For The Week – The Index nearly rose 1.6% on Wednesday, its fourth positive session in five
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VIX Breaks Below 200-Day MA

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🚨 🚨 Has Market Bottomed? #VIX Fear Index #Breaks #Below 200-Day Moving Average For The #First #Time In 3 Months
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New UK PM – Its Between Sunak And Truss

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🇬🇧 🇬🇧 The final is set: It will be #Sunak or #Truss as the next UK Prime Minister
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Nadella: New Workloads To Be On Cloud

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🚨 🚨 #Satya #Nadella says 95% of new digi-workloads will be on #cloud by 2025
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Senate Passes $50B Semiconductor Bill

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🚨 🚨 Senate advances more than $50 billion bill to boost U.S. #semiconductor production
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