Chile May Prop Up Peso

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🇨🇱 🇨🇱 Chile’s central bank said it will consider the peso’s “very important” depreciation, which currently ranks among the world’s worst

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Japanese Bond Yield Clumbs To New High

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🇯🇵 🇯🇵 Japan’s 10-year government bond yield climbs to a fresh decade high with speculation the central bank is getting closer to ending its negative interest rate policy

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China GDP Beats

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🇨🇳 🇨🇳 BREAKING: China GDP growth slows to 4.9% amid policy interventions

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CIBC Sees Dec Rate Hike

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🇨🇦 🇨🇦 CIBC highlights the unexpected strength in U.S. retail sales for September, suggesting resilience in consumer spending and potentially providing further justification for the Federal Reserve to proceed with another interest rate increase in December
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The Following Currencies Will Drop

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🚨 🚨 HSBC: The forecasted global equity dip, alongside persistently high U.S. yields, spells potential trouble for currencies typically associated with higher risk and growth optimism, including the AUD, CAD, GBP, and NOK
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IMF Cuts China Growth

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🇨🇳 🇨🇳 IMF: China 2023 Growth Forecast Cut To 5% From 5.2%, 2024 Cut To 4.2% From 4.5%
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Gold Climbs Above $1950

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🚨 🚨 BREAKING: Gold Trades Above $1950 On War Escalation
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EU To Regulate AI

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🇪🇺 🇪🇺 The EU is considering a three-tiered approach to regulating generative AI models and systems, part of groundbreaking efforts to rein in the rapidly advancing technology

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Singapore Is Growing Food On Skyscrapers

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🇸🇬 🇸🇬 Singapore is growing food on top of skyscrapers—and anywhere it can find room. The country wants to produce 30% of its own food by 2030
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Money Never Sleeps

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