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🇬🇧 🇬🇧 UK Prime Minister Rishi Sunak’s government is pushing ahead with plans to scrap the northern leg of a new high-speed rail link — one of Britain’s biggest infrastructure projects — even after opposition from two of his predecessors, The Times reported.
🇩🇪 🇩🇪 The three-party coalition government of German Chancellor Olaf Scholz dropped to a record low in an opinion poll published in Bild am Sonntag. Support for Scholz’s Social Democrats dropped to 17%, which is 8.7 percentage points less than their result in the federal election two years ago
🇧🇷 🇧🇷 Brazil’s green plan includes the creation of a regulated carbon market, the issuance of government bonds linked to social and environment projects as well as measures to gradually end subsidies for fossil fuels. It is designed to boost Brazil’s economy and kick-start a green transition in Latin America’s largest economy
🇺🇸 🇺🇸 Morgan Stanley Sees Rate Cuts Starting In March: “In 2024, the cuts that we have there, we’re expecting them to start in March. We have a quarterly pace, 25 basis points a quarter To Profit From Fed Rate Cuts In 2024 Click Here: bit.ly/3PmnEXR Tik Tok: @ashwinppc09 YouTube: bit.ly/AlgoWealth Threads: https://bit.ly/43dGDau Visit Our New Website: http://Algomasters.com Contact Us On WhatsApp: bit.ly/AlgoTrader Free Algorithm Newsletter: https://bit.ly/3PmnEXR Algomasters #MoneyMakesMoney #MoneyNeverSleeps #Megatrends #FutureProof
🇭🇰 🇭🇰 Hong Kong is relaxing its mortgage rules for homes under construction, as the government takes further steps to support the city’s property market that’s been weighed by high borrowing costs
🇬🇧 🇬🇧 Prime Minister Rishi Sunak plans to reduce the UK’s inheritance tax to drum up support ahead of the next general election, The Times reported Saturday
🇨🇳 🇨🇳 Event Alert: China Caixin PMI (Fri): The PMIs will be released at a time when Chinese markets will be enjoying an 8-day-long holiday for the Mid-Autumn Festival, spanning from September 29th to October 6th. Thus, Chinese assets will not receive a chance to react to the data, although the surveys could have a macro impact as another gauge of economic conditions