China: Expect More RRR Cuts

🇨🇳 🇨🇳 China state-backed financial media commentary piece says more RRR cuts to come

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Yellen Downplays Inflation

🇺🇸 🇺🇸 Treasury Secretary Janet Yellen says she’s increasingly confident that the US will be able to contain inflation without major damage to the jobs market

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China Belt And Road: Italy Wants Out

🇨🇳 🇮🇹 Prime Minister Giorgia Meloni privately signaled to Chinese Premier Li Qiang that Italy is planning to exit from China’s Belt and Road investment pact during a meeting on the sidelines of the #G20India summit

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Hedge Funds Are Now Buying Crude

🇪🇺 🇪🇺 Hedge funds are turning ever more negative on the euro ahead of an interest-rate decision by the European Central Bank next week that is proving increasingly difficult to call
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Hedge Funds Ditch Euro Bets

🇪🇺 🇪🇺 Hedge funds are turning ever more negative on the euro ahead of an interest-rate decision by the European Central Bank next week that is proving increasingly difficult to call
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Crude Oil: Do Not Underestimate The Saudis

🛢️ 🛢️ Crude Oil: Do Not Underestimate The Saudus: In June, when Brent crude traded below $72 per barrel, we alerted that crude oil at this price would not last for long and that Investors invest in oil companies
After half a year in the doldrums, the price of the world’s most important commodity is on a tear
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