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Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

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Mark Zuckerberg's Net Worth just climbed over $200B for the first time ever - Bloomberg Billionaire Index

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🚨🚨 Chinese Stocks reach most overbought level in more than 4 years

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🚨 Money Market Funds saw a weekly inflow of $129 billion, the 5th largest this decade

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🇺🇸 Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach has said per BI.

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BREAKING: 🇺🇸 Prediction markets now show Kamala Harris with a 3 percentage point lead on Donald Trump, according to Polymarket's prediction app.

All signs point to an incredibly close race with the election now 5 weeks out.

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🇺🇸 Spot #Bitcoin ETFs bought 17,009 BTC this week.

Miners only created 2,250 more BTC this week.

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BREAKING: 🇨🇳 China banks have been told to cut rates by about 50 bps on existing mortgage loans

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📊Key Events This Week:

1. Fed Chair Powell Speaks - Monday

2. September ISM Manufacturing data - Tuesday

3. JOLTs Jobs data - Tuesday

4. ADP Nonfarm Employment data - Wednesday

5. October OPEC Meeting - Wednesday

6. Initial Jobless Claims - Thursday

7. September Jobs Report - Friday

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🇺🇸 Trump: "I think Zelensky is the greatest salesman in history. Every time he comes into the country, he walks away with 60 billion dollars"

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JUST IN: 🇨🇳 Chinese futures halted to the upside, halted due to volatility

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📊 #SPX November and December are among the best-performing months of the year since 1945.

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🇨🇳 China's Stock Market Today:

1. Chinese stocks up 6% today and 18% in 5 days

2. Beijing 50 index posts RECORD 15% intraday jump

3. RECORD 1 trillion Chinese Yuan traded in 30 minutes

4. Brokerages open 24/7 to accommodate retail traders

5. Commerce Ministry says it will "improve policy effectiveness"

6. Chinese brokerages crashing due to high traffic

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🔥 BREAKING : Google $GOOGL announced a $1 Billion investment into Thailand 🇹🇭 to build a data center and cloud region - Reuters

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🔥 JUST IN: 🇺🇸 FED's Bostic says he is open to another 50bps interest rate cut in November.

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🇺🇸 POWELL: WE DON'T NEED MORE JOB COOLING TO ACHIEVE 2% INFLATION

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🇺🇸 POWELL: FED is in no rush to cut interest rates, will act based on data.

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⚡️ BREAKING: Goldman Sachs Raises 📈 Gold Price Forecast.

Goldman Sachs predicts gold prices will increase to $2,900 by early 2025, up from $2,700.

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🇸🇦 Saudi Arabia announces $60,000,000 humanitarian aid package for Palestine.

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🚨🚨 DELL CEO Michael Dell just filed for his sale of $1.2 Billion worth of Dell shares

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JUST IN: 🇨🇳 China's stock market has gone PARABOLIC this week.

+20% in 5 days
+8% today

- Government injecting $140B stimulus
- Multiple rate cuts.

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🇺🇸 Biden-Harris admin approves $567,000,000 military package for Taiwan.

In the past 7 days, the US has sent military aid packages to the following countries:

• Ukraine: $8,000,000,000
• Israel: $8,700,000,000
• Taiwan: $563,000,000

Total: $17,263,000,000

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