AUD Trades At Session Highs

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🇦🇺 🇦🇺 AUD Trades At Session Highs: RBA Governor Bullock says the Bank is increasingly optimistic about the labour market. says inflation is a crucial challenge in the next one or two years
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Oil: JPMorgan Sees Brent Flat

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🛢️ 🛢️ JP Morgan expects Brent crude oil prices to remain flat in 2024, averaging $83 a barrel
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We Are Already In A Recession

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🚨 🚨 Leading Economic Indicators (LEI) has now declined for 19 straight months. Both other times since 1959 that LEI was down 19 months in a row, the US economy had already been in a recession for at least 11 months
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Salesforce Offers To Hire OpenAI Staff

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🚨 🚨 Marc Benioff: Salesforce will match any OpenAI researcher who has tendered their resignation full cash & equity OTE to immediately join our Salesforce Einstein Trusted AI research team under Silvio Savarese
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OpenAI—-New Twist

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🚨 🚨 BREAKING: Thrive Capital, Khosla Ventures and Tiger Global are attempting to get Sam Altman back into OpenAI
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Nvidia Surges To Record

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🚨 🚨 Nvidia stock closes at all-time high, a day before earnings. The record comes ahead of the company’s fiscal third-quarter results on Tuesday, when analysts are expecting to see revenue growth of over 170%
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Microsoft: OpenAI Governance Needs To Change

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🚨 🚨 BREAKING: Microsoft CEO Nadella says OpenAI governance needs to change no matter where Altman ends up
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Goldman Sees Fed Making Changes In 3Q 2024

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🚨 🚨 GOLDMAN: “We expect the FOMC to begin considering changes to the speed of runoff around 2024Q3 .. and to finish runoff in 2025Q1. .. The key risk .. is that the increased supply of debt .. causes intermediation bottlenecks .. that lead the Fed to stop runoff earlier”
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MCD Increases Stake In China

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🇨🇳 🍔 BREAKING: McDonald’s increases stake in the partnership that runs the business in China. It has agreed to acquire Carlyle Group’s (CG) minority ownership stake
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Citi Axes More Than 300

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🚨 🚨 BREAKING: Citigroup Inc. is eliminating more than 300 senior manager roles as part of Chief Executive Officer Jane Fraser’s efforts to simplify the Wall Street giant
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