RBNZ Expected To Hike Rates Today By 50 Basis Points

🇳🇿 🇳🇿 Reserve Bank of #New #Zealand #rate #hike decision coming today, +50bp the consensus estimate
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IMF Warns About Emerging Market Nations

🚨 🚨 #IMF: Nations that don’t earn the US currency but have to service debt in the greenback are finding it “twice as hard” to keep up. About 30% of developing and emerging-market nations are either in or near #debt #distress
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Inflation In June May Ne The Last Hottest Reading

🇺🇸 🇺🇸 #June’s headline #consumer price #index is expected to have been even #hotter than May’s report, but #consumer #inflation may have finally #peaked given the decline in oil and gasoline prices in July
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2s 10s Yield Curve Inversion Now Deepest Since 2007

🚨 🚨 The 2s-10s Yield Curve inversion is now the the deepest since 2007. Every single recession over the past 40 years has been predicted by a yield curve inversion
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Amazon Is Developing Cancer Vaccines

🚨 🚨 #Amazon is developing #cancer #vaccines in partnership with Fred Hutchinson and recruiting patients for a new clinical trial
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OPEC Anticipates Strong Oil Consumption

🛢 🛢 BREAKING: #OPEC anticipates very #strong oil #consumption growth (+2.7m b/d) on the back of covid recovery and pent-up demand and despite recession fears. Non-OPEC supply will #lag (+1.7m b/d)
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European Tech Stocks Look Cheap

🚨 🚨 The #gap between the Stoxx 600 Technology Index members’ share prices and analysts’ targets is now near its #highest level since the 2008 financial crisis
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Canoo Stock Jumps After Walmart Deal

🚨 🚨 BREAKING: #Canoo stock jumps after signing a deal with #Walmart for 4,500 all #electric delivery vehicles
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Founders Of Three Arrows Capital Vanish

🚨 🚨 The founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have vanished
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Fasten Your Seatbelts For June CPI Data

🇺🇸 🇺🇸 #White #House spokeswoman Jean-Pierre: I expect new #CPI data to be #highly #elevated
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