Chinese Yuan Surges

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🇨🇳 🇨🇳 BREAKING: Chinese yuan at its strongest against the dollar in three months. That’s a sign of waning appetite in the greenback in general as one of its key tailwinds this year is now removed. Dollar Is Starting A Bear Trend
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Asia Is Selling Dollars

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🇦🇺 🇦🇺 AUD/USD – Solid Gains As USD Selling Resumes In Asia. Asia is risk-on. Key resistance is at the 200-day MA at 0.6592 and break would be bullish
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OpenAI Hires Former Twitch CEO

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‼️ ‼️ BREAKING: OpenAI’s board hired Emmett Shear, formerly of Twitch, as chief executive officer, defying calls from investors to reinstate the ousted Sam Altman. Shear had stepped down as CEO of Amazon.com Inc.’s game-streaming site Twitch earlier this year
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Welcome To Cold War 2

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🇨🇳 🇺🇸 Welcome To Cold War 2: Xi called on the US to show “in concrete actions” that it does not support Taiwan’s independence, to cease sending arms to Taiwan, and to accept Taiwan’s “peaceful reunification” with China as “inevitable.” The US side offered no comment
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Europe’s Petrochemical Industry Is Dying

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🇪🇺 🇪🇺 Warning: Europe’s Petrochemical Industry Is Heading for Death Row. In Europe, natural gas is about five times more expensive than in the US. Right now, it’s cheaper to buy ethylene, a building block for plastics, in Texas, and ship it across the Atlantic for further processing in Europe than producing it at home. And that’s precisely what petrochemical companies are doing. The net result is loss of economic activity in Europe and the loss of jobs and energy security
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Brexit’s Barnier: Not The Same EU Anymore

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🇬🇧 🇪🇺 Brexit negotiator Michel Barnier: ‘The EU is not the same one the UK left’
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Saudis Discover New Oilfields

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🇸🇦 🇸🇦 Saudi Aramco discovers two new natural gas fields in Saudi Arabia
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Murati Negotiating To Bring Back Altman

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‼️ ‼️BREAKING: OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President Greg Brockman in a capacity that has yet to be finalized. Murati, who was installed on Friday after the board fired Altman, is negotiating with Adam D’Angelo, the CEO of Quora Inc., who is acting as a representative of the OpenAI board
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Moody’s Upgrades Portugal

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🇵🇹 🇮🇹 Moody’s upgrades Portugal and affirms Italy’s Ratings. Moody’s has upgraded Portugal’s ratings to A3 and affirmed Italy’s Ratings At Baa3
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GBP Traders Heads-Up

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🇬🇧 🇬🇧 GBP traders heads-up: Bank of England Governor Andrew Bailey so speak on Monday. Bringing together key players from the agriculture sector, to speak on and debate the latest thoughts on farming, and where the industry is headed in the future
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