Cross Over To The Dark Side

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Univ Of Michigan Drops

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🇺🇸 🇺🇸 US Univ. Of Michigan Sentiment Nov P: 60.4 (est 63.7; prev 63.8); Current Conditions: 65.7 (est 70.3; prev 70.6); Expectations: 56.9 (est 61.0; prev 59.3); 1-Year Inflation: 4.4% (est 4.0%; prev 4.2%); 5-10 Year Inflation: 3.2% (est 3.0%; prev 3.0%)
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USDCAD Surges

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🇨🇦 🇨🇦 USDCAD surges to new highs for the day. Topside targets eyed

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Apple Fights Back

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🚨 🚨 Apple will dispute the EU regulator’s decision to put all of the App Store into the bloc’s new digital antitrust list. It’ll argue also its iMessage service shouldn’t be subject to closer scrutiny from regulators

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Amazon Is Undervalued

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🇿🇦 🇿🇦 Amazon’s entry in South Africa next year is going to drive online sales and bolster business at local retailers, The Foschini Group says. E-commerce revenue is expected to *double to 10% of TFG’s total South African sales in the next two years and likely climb to 15% soon after, Chief Executive Officer Anthony Thunström says
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Singapore: Get Ready For Terminal 5

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🇸🇬 🇸🇬 Singapore’s sprawling Changi Airport is set to get bigger – much bigger – with an all-new Terminal 5 built on a site almost as large as the current airport itself

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JPM Switches On Programmable Payments

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🇺🇸 🇺🇸 JPMorgan Switches On Programmable Payments Using Blockchain Tech – BBG

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SNB Remains Hawkish

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🇨🇭 🇨🇭 SNB’s Schlegel: Cant Exclude Further Hikes To Tame Inflation
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Cash Funds: Weekly Flows Of $77.7 Billion

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💵 💵 Investors are pouring into cash funds as they offer higher yields on short-dated debt, putting them on track for a record-breaking year of inflows, according to Bank of America and EPFR. In the week to November 8, cash funds attracted $77.7 billion of inflows, with projections of around $1.4 trillion for 2023

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Brazil’s Infkation Is Dropping

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🇧🇷 🇧🇷 Brazil CPI (YoY) (Oct) $BRL Actual: 4.82% Expected: 4.87% Previous: 5.19%
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