RBA Leaves Rates Unchanged

🇦🇺 🇦🇺 BREAKING: The Reserve Bank of Australia held interest rates at 4.1% for a second month on Tuesday, in another reprieve for mortgage holders after inflation recently slowed more than expected
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HSBC Reports 89% Rise In Pre-Tax Profit

🇬🇧 🇬🇧 BREAKING: HSBC sees 89% rise in quarterly pre-tax profit, beating analysts’ expectations
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The S&P Has A New Price Target

🎯 🎯 The S&P 500 has a new—and much higher—price target and Citigroup has now joined the bullish camp
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Wall Street’s Biggest BearTurns Bullish

🐻 🐻 Wall Street’s biggest bear, Morgan Stanley strategist Mike Wilson, spies a late-cycle rally driven by monetary policy right now

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Euro Area GDP Climbs 0.6%

🇪🇺 🇪🇺 BREAKING: Euro Area GDP expanded 0.60% in Q2 2023 over the same quarter of the previous year. Consensus at 0.5%
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JPY Falls To ¥142

🇯🇵 🇯🇵 BREAKING: JPY Falls To ¥142: On 28 Jul we predicted that USDJPY would climb to the ¥150 level. USDJPY has now broken above the ¥142 level
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ECB Remains Hawkish

🇪🇺 🇪🇺 Christine Lagarde told Le Figaro the ECB may or may not hold in September and may hike again afterward. Euro-area inflation probably slowed to 5.3% in July, driven primarily by food prices, though the core reading should stay broadly unchanged
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China Property: Is This The Bottom?

🇨🇳 🇨🇳 BREAKING: Chinese property shares are poised to enter a bull market for the first time this year on continued optimism about authorities’ fresh efforts to boost housing demand and improve developers’ finances
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Apple: Get Ready For iPhone 15

🚨 🚨 Apple is just weeks away from introducing the iPhone 15 and next-generation watches. The new lineup will mark another stepping stone toward the company’s dream iPhone, though changes to the Apple Watch will be more modest
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