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JUST IN: 🇺🇸 Bank of America says the US Dollar is overvalued, but could become undervalued next year.
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JUST IN: 🇺🇸 According to reports, The U.S. Department of Justice is investigating Federal Reserve Governor Lisa Cook over allegations of mortgage fraud.
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JUST IN: 🇺🇸 SEC Chair Paul Atkins says they are working to provide "greater certainty" to the crypto market.
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JUST IN 🚨: U.S. Treasury just bought $2 Billion of its own debt That's a total of just under $10 Billion in the last 3 weeks
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🇺🇸 US companies announce just 1,494 new jobs in August, the lowest for the month since 2009, per WSJ
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🇺🇸 President Trump to sign executive order renaming the Department of Defense to Department of War.
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🚨 Nvidia $NVDA is paying cloud company Lambda $1.3 Billion to rent its own AI chips over four years.
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🇺🇸🇮🇳 President Trump is reportedly considering blocking US tech companies from outsourcing jobs to India.
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🚨🚨 Foreign Central Banks now own more Gold than U.S. Treasuries for the first time in almost 30 years
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📊 Key Events This Week:
1. 12-Month BLS Data Revision - Tuesday
2. August PPI Inflation data - Wednesday
3. OPEC Monthly Report - Thursday
4. August CPI Inflation data - Thursday
5. MI Consumer Sentiment data - Friday
6. MI Inflation Expectations data - Friday
@Fin_Watch
1. 12-Month BLS Data Revision - Tuesday
2. August PPI Inflation data - Wednesday
3. OPEC Monthly Report - Thursday
4. August CPI Inflation data - Thursday
5. MI Consumer Sentiment data - Friday
6. MI Inflation Expectations data - Friday
@Fin_Watch
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🇨🇳 China’s central bank extends gold buying spree to 10 consecutive months as it tries to rely less on U.S dollars in its reserve.
@Fin_Watch
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