Italy’s Bond Yield Spread Has Widened

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🇮🇹 🇮🇹 Italy’s bond-yield spread over peers will keep European Central Bank officials on alert, Governing Council member Gabriel Makhlouf said

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F1 Mogul Pleads Guilty

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🏎️ 🏎️ BREAKING: Formula One mogul Bernie Ecclestone pleaded guilty to a criminal tax fraud charge for failing to tell British authorities about assets held in a Singapore bank of around £400 million

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China Weth Fund Buys Bank Stocks

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🇨🇳 🇨🇳 China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015, stoking speculation authorities will intensify efforts to prop up the sinking stock market
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Citi’s Dugan Issues An Important Warning

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‼️ ‼️ Citigroup Inc. (C) Chairman John C. Dugansaid US plans to hike capital buffers for the biggest Wall Street banks are unwarranted and will push lending and intermediation away from the banking sector

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ConocoPhillips Has Beat BP

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🛢️ 🛢️ ConocoPhillips (COP) stock has climbed 60% in the last two years since then and its market value is now higher than supermajor BP Plc

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Watch Devon Energy Closely

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🛢️ 🛢️ Devon Energy is seen as a possible takeover target because of its diversified footprint across five of the biggest US shale fields, with most of its output coming from the Permian
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TLT Is Now Oversold

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🚨 🚨 The US 20-Year Bond ETF (TLT) is now Oversold and will start surging once the Fed stops raising interest rates
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FBS: Best Islamic FX Broker Award

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🇦🇪 🇦🇪 FBS, a leading global broker, has received the Best Islamic Forex Account award from the Forex Expo Dubai
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