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Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

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📆Economic Calendar for this upcoming week via MarketWatch

All eyes will be on Jerome Powell and the Fed on Wednesday

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📣 Meta faces third lawsuit in Kenya as moderators claim illegal sacking, blacklisting

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📊 #FOMC Historic rate hikes that started in March'22:

Mar 16: +25bps
May 4: +50bps
Jun 15: +75bps
Jul 27: +75bps
Sept 21: +75bps
Nov 2: +75bps
Dec 14: +50bps
Feb 1: +25bps
Mar 22: ???

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🇺🇸 US Studies Ways to Guarantee All Bank Deposits If Crisis Expands

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📣 Elon Musk just said he thinks Jerome Powell and the Fed should cut rates by at least 50 basis points on Wednesday

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📊 World Indices :

SPX - 3,996.07 (1.13%)

🚀 Cryptocurrencies :

Bitcoin USD - 28,075.61 (0.57%)
Ethereum USD - 1,820.78 (3.15%)

🌟 Commodities :

Crude - 69.25 (2.38%)
Gold - 1,957.90 (-1.26%)
Silver - 22.49 (-0.69%)

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🇸🇪 Sweden's largest pension fund sells all First Republic Bank $FRC shares at a $728 million loss.

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BREAKING: 🇫🇷 Due to protesters blocking key locations, fuel shortages are escalating across France. Almost 1650 stations are currently out.

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📣 BREAKING | 6.8-magnitude earthquake strikes Afghanistan's Hindu Kush region

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📊 S&P 500 PERFORMACE ON FOMC DAYS:

JAN -0.15%
MARCH +2.24%
MAY +2.99%
JUNE +1.46%
JULY +2.62%
SEPT -1.71%
NOV -2.50%
DEC -0.61%
FEB +1.05%

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📣 Bitcoin Fear & Greed index reaches a 16-month high of 68.

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🇷🇺 Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, and Latin America.

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📣 Microsoft $MSFT announced its new AI-enabled Bing will now allow users to generate images with Bing Chat using OpenAI's DALL-E

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🇬🇧 UK annual inflation unexpectedly jumps to 10.4% in February

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🎵 TikTok has never shared U.S. data with Chinese government, says CEO

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📊 The market expects an increase of 0.25 points with an 88.6% chance.

- Increase by 0.5 points - bearish
- Increase by 0.25 points - neutral
- No increase/decline - bullish

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📊 World Indices :

SPX - 4,000.74 (-0.05%)

🚀 Cryptocurrencies :

Bitcoin USD - 28,366.33 (1.04%)
Ethereum USD - 1,802.65 (-1.0%)

🌟 Commodities :

Silver - 22.530 (0.47%)
Crude - 69.62 (-0.07%)
Gold - 1,944.60 (0.18%)

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💰 Bitcoin vs. the banking crisis

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BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps.

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🇺🇸 Federal Reserve Chair Jerome Powell says FED officials "don't see rate cuts this year."

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📣 Jerome powell on the silicone valley bank collapse $SIVB

1) the banks management failed badly

2) the bank expanded very quickly

3) svb experienced an unprecedented bank run at a faster pace than ever

4) powell says he is going to support stronger banking regulations

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