US Retail Sales: Health And Personal Care Remain Robust

🛍️ 🛍️ US Apr Retail Sales— BofA: The gains in April were driven by a few large categories: non-store retailers, general merchandise, and restaurants & bars. Health & personal care continues its robust growth. It is the only component to have registered increases every month this year. Meanwhile, several components dropped for the third consecutive month in April, after surging in January. These include furniture, electronics & appliances, and clothing
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Capitaland Ascendas REIT: The Big Picture Looks Great

🇸🇬 🇸🇬 CapitaLand Ascendas REIT makes bold move with $450 million placement, acquisition
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Japan Banks Raise Overseas Bond Holdings

🇯🇵 🇯🇵 BREAKING: Japan’s biggest banks raised their overseas bond holdings by $27 billion in the three months through March
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Money Never Sleeps

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US Banks Scaling Back In China

🇨🇳 🇨🇳 Goldman Sachs Group Inc. and Morgan Stanley are among banks scaling back ambitious expansion plans and profit goals in China as a deteriorating geopolitical climate and President Xi Jinping’s willingness to sacrifice economic priorities for security concerns rock the private sector and throttle dealmaking. More drastic jobs cuts are being eyed at the biggest banks
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Viking Global Adds To Visa

🚨 🚨 Visa was Viking Global’s top holding in the quarter, with a $1.48 billion position. The payment stock is up 11% this year
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Google’s AI Model Uses Five Times More Text Data

🚨 🚨 Google’s newest A.I. model uses nearly five times more text data for training than its predecessor
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Traders Are Shorting GBPUSD

🇬🇧 🇬🇧 FX: Traders Are Shorting GBPUSD
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