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Fin Watch
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Daily Fresh Financial News.
Global Market Updates.

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⚠️ Breaking: Elon Musk Is Threatening To Sue #Twitter Employees Who Leak Confidential Information To The Press, Per Zoe From The Platformer.

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🇹🇷 Turkey was the top gold buyer in 2022, buying 31.17 tons of gold.

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📊 Central banks globally have accumulated gold reserves this year at a pace never seen since 1967, when the US dollar was still backed by the precious metal.

In the quarter ending September, demand for gold was up 28% year-on-year, reaching 1,181 tons, according to a new World Gold Council (WGC) report. The demand for gold this year has been primarily driven by a flight towards safer assets amid scorching inflation.

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🇬🇧 Bank of England opens bids for CBDC sample wallet proof of concept

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🚨 Taming inflation would cause a deep recession --BlackRock

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⚠️ Volkswagen's Skoda considers withdrawing from China, Automobilwoche reports

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📊 World Indices :

Nasdaq - 11,004.62 (-0.7%)
SPX - 3,934.38 (-0.73%)
Dow 30 - 33,476.46 (-0.9%)

🚀 Cryptocurrencies :

Bitcoin USD - 17,157.90 (-0.02%)
Ethereum USD - 1,273.19 (0.46%)

🌟 Commodities :

Silver - 23.68 (1.87%)
Crude - 71.59 (0.18%)
Gold - 1,809.40 (0.44%)

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🇩🇪 GERMANY ANNUAL INFLATION RATE

NOVEMBER, 2020: -0.3%

NOVEMBER, 2021: 5.2%

NOVEMBER, 2022: 10%

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👉Elon Musk Says #Twitter Will Increase Its Character Limit On Tweets From 280 To 4000.

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Jpmorgan, $Jpm, Ceo Dimon Said That "Crypto Is A Complete Sideshow... And Crypto Tokens Are Like Pet Rocks."

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🇺🇸U.S. Economic Data This Week:

Cpi Inflation (Tues.)
Fed Rate Decision (Wed.)
Retail Sales (Thurs.)
Jobless Claims (Thurs.)
Ny Manufacturing Index (Thurs.)
Philly Manufacturing Index (Thurs.)
Services Pmi (Fri.)
Manufacturing Pmi (Fri.)

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👉Twitter To Relaunch '#Twitter Blue' Subnoscription Service On Monday, Charge Apple Users Higher Price

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🇨🇳 China reports 8,838 new COVID cases for Dec 11 vs 10,815 a day earlier

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Fin Watch
🚨🚨🚨 Two Major Events next week : 🇺🇸 US CPI: 13th Dec 2022 🇺🇸 FOMC Meeting: 14th Dec 2022 @Fin_Watch
🚨Fed expected interest rate hike :

➡️25 bps - Super Bullish 📈
➡️50 bps - short term bullish / neutral ⚡️
➡️75 bps - Bearish 📉

❗️This could be last rate hike!

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💰 #Crypto is in its nascency, but is still growing at the same pace the internet was in the 1990s.

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🇮🇳 INDIA INFLATION RATE YOY (NOV)

ACTUAL: 5.88%
EXPECTED: 6.4%
PREVIOUS: 6.77%

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🟠 #Binance denies reports that the US DOJ is considering money laundering charges.

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📊 World Indices :

SPX - 3,934.38 (-0.73%)

🚀 Cryptocurrencies :

Bitcoin USD - 16,984.83 (-1.01%)
Ethereum USD - 1,249.45 (-1.86%)

🌟 Commodities :

Crude - 71.64 (0.87%)
Silver - 23.73 (0.03%)
Gold - 1,801.60 (-0.5%)

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📣 $MSFT | Microsoft To Take 4% Stake In London Stock Exchange

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🏦 SBF Says He Got "Multiple Multi-Billion Dollar Seemingly Fairly Serious Funding Offers".

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👉#Twitter officially launches gold verification checkmarks for businesses.

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