Deutsche: More Cuts Than Hikes

🚨 🚨 DEUTSCHE: “.. there are more global cuts coming through than hikes, which is the first time that’s been the case since January 2021.” [Reid]
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Gold Will Go Higher In 2024

✨✨ Gold could hit an all-time high [2100] by the first half of 2024, as recession looms – TD Securities
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Americans Not Buying Big Ticket Items

🚨 🚨 Makers of refrigerators, boats and teeth straighteners say US consumers are no longer buying big-ticket items
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Tesla To Open Gigafactory In India

🚗 🚗 Tesla’s upcoming India giga factory being considered in Gujarat, Maharashtra or Tamil Nadu
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Abercrombie Is A Star

👕 👖 For the full year, Abercrombie & Fitch expects net sales to grow between 12% to 14%, up from a previous outlook of around 10% and ahead of the 10.8% uptick that analysts had expected. Stock Has Climbed 215% this year
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US Brokers Deal To Free Hostages

🇮🇱 🇵🇸 Politico: US has brokered a deal to free 50 hostages held in Gaza in exchange for 4 or 5 day pause in fighting
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IEA Sees Surplus Oil Supply

🛢️ 🛢️ IEA Sees Surplus Oil Supply In 2024 Even If OPEC+ Extends Current Cuts
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Chinese Property: Don’t Jump Yet

🇨🇳 🇨🇳 Investors seem unconvinced that China’s latest funding plan for 50 real estate firms can help turnaround the embattled property sector
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GBP Climbs To 11-Month High

🇬🇧 🇬🇧 GBP/USD – Hits 11-Week High On Hawkish Talk From MPC Quartet
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