ECB Can Cut Rates Anytime

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🇪🇺 🇪🇺 The European Central Bank could cut interest rates at any moment this year and all options are open at upcoming meetings, Governing Council member Francois Villeroy de Galhau said
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US Chip Sales To Soar

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🚨 🚨 Chip sales in North America are forecast to surge 22.3% in 2024 to $162.2 billion, nearly 1000 bp higher than the global growth forecast of 13.1%
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Reliance Jumps To Record

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🇮🇳 🇮🇳 Reliance Ind hits record High, market cap near ₹19 lakh cr
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Nomura Sees 100bps Of Rate Cuts

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🚨 🚨 Nomura forecasts 100bp of FOMC rate cuts this year – end QT also
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AUD Is Finding A Bottom

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🇨🇳 🇦🇺 Chinese authorities urgency to prop up the stock market should support AUD
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MBS Resort To Build New Tower

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🇸🇬 🇸🇬 Marina Bay Sands (MBS) has received approval from the authorities to develop a fourth tower, paving the way for a planned expansion of the integrated resort to be carried out
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Samsung To Put Ernie Bot In Phones

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🇰🇷 🇨🇳 Samsung Electronics Co. will feature Baidu Inc.’s Ernie Bot as a key attraction of its new Galaxy S24 smartphone series in China
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JPY Bull: You Better Believe It

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🇯🇵 🇯🇵 The Bank of Japan will exit its ultra-loose monetary policy once the Fed begins lowering interest rates, resulting in yen gains, says hedge fund manager Stephen Jen
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Money Managers Buy Credit Default Swaps

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🚨 🚨 Money Managers are buying credit default swaps to insure against the pain that could be unleashed if central bankers fail to cut rates and deliver what bond traders have already priced in for the year
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