MAS Is Done Hiking Rates

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🇸🇬 🇸🇬 Singapore central bank reaffirms that its current monetary policy settings are appropriate; expects Singapore domestic interest rates to take reference from global interest rate movements [Meaning Down]
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Fed Gives No Indication Of Rate Cuts

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🇺🇸 🇺🇸 SUMMARY OF FED MEETING MINUTES (11/21/23):
All Fed Members agree to “proceed carefully”
Fed sees rates “remaining restrictive for some time”
Fed sees upside risks to inflation
Fed sees downside risks to growth
Meeting by meeting approach to resume
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Nvidia: Stock Is Now Cheaper

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🚨 🚨 Nvidia posted Q3 revenue of $18.1 billion and EPS of $4.02, both well above expectations. Stock briefly falls nearly 7% after earnings
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House Purchases Plunge

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🏠 🏡 Investor purchases of houses dropped 29.7% year over year in Q3 2023 to 48,667. This is the lowest level of any third quarter since 2016
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Spot Gold Breaks Above $2K

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✨✨ BREAKING: Spot Gold Breaks Above $2K. We See Gold At $2100 In 2024
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Deutsche: More Cuts Than Hikes

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🚨 🚨 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

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✨✨ 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

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🚨 🚨 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

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

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👕 👖 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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