Month: July 2022

Reliance Earnings Beat

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🇮🇳 🇮🇳 #Reliance #Industries reported a net profit of Rs 17,955 crore for the April-June period, up 10.8 percent compared with the previous three months, boosted by growth across segments
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Investors Flee Gold Market

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🚨 🚨 This week investors have taken out $1.8 billion from the #Gold market. Why? Because interest rates are going up and Gold does not pay any interest
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Russia And Ukraine Resume Grain Exports

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🇷🇺 🇺🇦 BREAKING: Russia and Ukraine sign UN-backed deal to resume grain exports via the Black Sea
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Russia Cuts Rates

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🇷🇺 🇷🇺 #Russia #slashes key interest #rate by 150 basis points in shock move
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Goldman Sees Oil Price Rising

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🛢 🛢 #Goldman: #Oil prices will #rise in coming weeks, sustained #high #prices likely
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Germany To Pass Higher Gas Price To Consumers

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🇩🇪 🇩🇪 German Chancellor Scholz: higher gas prices will be passed on to consumers from the first of September or October
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Traders Are Shorting EURGBP

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🇬🇧 🇬🇧 Traders Are #Shorting EURGBP Above £0.85
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HK Insurance Market Shrinks By 40%

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🇭🇰 🇭🇰 Hong Kong #insurance market #shrinks by 40% as wealthy mainland Chinese vanish
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Robo Taxis: A $38B Market

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🚨 🚨 The global #robo #taxi market is expected to be $1.03 billion in 2023, and is projected to reach $38.61 billion by 2030, registering a CAGR of 67.8% from 2023 to 2030
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European PMI Drops Signaling Recession

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🚨 🚨 #Bond #yields #slide as euro area PMI data sounds #recession alarm bells
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