Singapore GDP Beats

🇸🇬 🇸🇬 Singapore’s Gross domestic product in the three months through September grew 1.4% from the previous quarter. The economy increased 1.1% in the third quarter from a year ago, compared with an earlier estimate of 0.7% gain and 0.5% growth in the April-June period
GDP growth in the first three quarters of the year stood at 0.7%, prompting the government to adjust its outlook for the full-year print to around 1% from the 0.5%-1.5% prior forecast
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OpenAI: Sam Altman Is Coming Back

🚨 🚨 BREAKING: OpenAI says Sam Altman is to return as CEO. The company announces that they have reached an agreement in principle, with the details to be announced later
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JPY Traders Take Note

🇯🇵 🇯🇵 JPY Traders Take Note—Poll – Economists predict Bank of Japan will end negative rates policy in 2024. none expect a change at the December BOJ meeting (on the 18th and 19th)
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Nvidia’s Revenue Triples

🚨 🚨 Nvidia Q3 24 Earnings: Adj EPS: $4.02 (est $3.37); Revenue: $18.12B (est $16.09B); Gaming Revenue: $2.86B (est $2.7B); Data Centre Revenue: $14.51B (est $12.82B); Sees Q4 Revenue $20B Plus Or Minus 2% (est $17.9B); Adj Gross Margin: 75% (est 72.5%); Q4 Sales To China Expected To Significantly Decline, To Be Offest By Growth In Other Regions
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Goldman Sees Yield Curve Steepening

🇺🇸 🇺🇸 Goldman Sachs: US fiscal discipline unlikely, steepening yield curve expected
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Goldman: 35% Of OPEC Cuts

🛢️ 🛢️ Goldman Sachs predicts a 35% probability of further OPEC+ ‘insurance’ output cuts
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JPMorgan Sees BOE Rate Hikes

🇬🇧 🇬🇧 Bank of England to deliver 50 bps interest rate cuts in Q4 2024: JP Morgan
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Reliance Invests In West Bengal

🇮🇳 🇮🇳 Reliance has pledged substantial investments amounting to ₹20,000 crores across strategic sectors in West Bengal
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OpenAI In Danger Of Losing Customers

🚨 🚨 Some OpenAI customers are thinking about switching to rivals amid chaos
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