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Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

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📊#UBS expects the Federal Reserve to cut interest rates by 100 basis points this year.📈

UBS Double its previous forecast of 50 basis points. The decision will be influenced by the August employment report and economic conditions.

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🇺🇸 FED'S DALY: WE HEAR THE ECONOMY IS DOWNSHIFTING

🇺🇸 FED'S DALY: MINDS ARE OPEN TO CUTTING RATES IN COMING MEETINGS

🇺🇸 FED'S DALY: IF REACT TO ONE DATA POINT, WE WOULD ALMOST ALWAYS BE WRONG

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BREAKING: 🇺🇸 Wharton’s Professor Siegel calls for 1.5% rate cut by the FED.

0.75% cut in an emergency meeting.

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📣 CNBC is doing a special "market sell-off" show tonight

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📊 Cathie Wood's #Ark Invest makes first purchase of Coinbase (#COIN) stock since June 6, 2023, acquiring $17.8mn worth.

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🔥BREAKING : 🇺🇸 US to start $50 billion Treasury buyback program in August

The goal is to regulate the bond market supply and boost liquidity as the Federal Reserve prepares for an imminent interest rate cut.

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You know what is next 🤪📈

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JUST IN: 📊 JP Morgan says Institutions bought the dip while Retail panic-sold aggressively.

Retail sold -$1 BILLION
-2.5 standard deviations BELOW the 12m average

Institutions bought +$14 billion
+2.9 std dev ABOVE the 12m average

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🇯🇵 Bank of Japan to hold emergency meeting to discuss International Financial Markets - Reuters

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📣 Elon Musk to close X headquarters in San Francisco - NYT

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🇺🇸 Donald Trump to meet with Elon Musk on Monday night: Truth Social

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🇮🇷 Iran has called an emergency meeting of the Organization of Islamic Cooperation for Wednesday.

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📣 Disney Raises Streaming Prices Up to 25%, Adds New Channels

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🇯🇵 BOJ Uchida: will not raise rates when markets are unstable.

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📊 Bridgewater Associates said in a commentary sent to investors today it believes the sell-off in #Japan's 🇯🇵 equities the previous day was exaggerated and that the stocks remain somewhat attractive 📈- Bloomberg

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🇺🇸 Newsweek reports that Kamala Harris now leads Trump 'across all national poll aggregators'.

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JUST IN: 🇺🇸 US Mortgage rates plunge to lowest level in over a year as recession fears grip markets.

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🇮🇳 The Indian government has clarified that it has no intentions to regulate the sale and purchase of cryptocurrencies.

Despite implementing a taxation system for crypto profits, there are no plans to regulate crypto trading in India.

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💰 Starting today, Morgan Stanley advisers are officially permitted to offer #Bitcoin ETFs to clients, a historic milestone for a major bank.

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BREAKING: 🇺🇸 Warren Buffett now owns more T-bills than the Federal Reserve, per CNBC

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🇺🇸Donald Trump says "We have to fill up the strategic oil reserves IMMEDIATELY"

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