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🇬🇧 UK savers have more than £614bn in excess cash

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🇺🇸 Morgan Stanley now expects 4 straight rate cuts in 2025.

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BREAKING: 🚨🚨 The S&P 500 officially hits 6,600 for the first time in history, now up +36% since its April 2025 bottom.

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🇺🇸 Deutsche Bank expects the Fed to cut rates by 25 bps at all three remaining meetings this year.

Earlier forecasts saw cuts only in September and December.

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Forwarded from AI News
🇦🇱 Meet Diella, World's 1st AI-Made 'Minister' Tasked With Curbing Albania Corruption

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📊 Gen Z is skipping meals and putting off doctor’s visits just to pay their rent, per Redfin.

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📊 Market Overview:

SPX: $6584
NASDAQ: $22141
DXY: $97

Gold: $3649
Silver: $42
Bitcoin: $116054

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BREAKING: 🚨🚨 President Trump says all NATO nations are preparing to "do major sanctions on Russia" and impose 50% to 100% tariffs on China.

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📊 Best Investment in 2025?
Anonymous Poll
36%
Gold / Silver
55%
Bitcoin
9%
Stocks
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🚨🚨 93% chance of a recession says UBS

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🇳🇵 History has been made in Nepal: Sushila Karki, the first world leader elected through Discord, is now interim prime minister following a Gen Z-led government takeover.

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🌍 G-7 finance ministers will hold a call to discuss the possibility of imposing secondary sanctions on India and China over their purchases of Russian oil

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🚨🚨 U.S. Banks are now sitting on $395 Billion in unrealized losses as of Q2 2025

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📊 90% of Warren Buffet's wealth came after the age of 65, per MW

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📉🇫🇷 Fitch downgrades France's credit score to its lowest level ever recorded

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🇺🇸🇬🇧 United States and the United Kingdom are set to sign a “ground-breaking tech agreement” during US President Trump’s state visit to Britain next week - Bloomberg

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📊 Key Events This Week:

1. August Retail Sales data - Tuesday

2. Fed Interest Rate Decision - Wednesday

3. FOMC Press Conference - Wednesday

4. Fed Dot-Plot Projections - Wednesday

5. Philadelphia Fed Manufacturing Index - Thursday

6. Initial Jobless Claims data - Thursday

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🇹🇭 Central Bank of Thailand freezes 3 Million Bank Accounts and begins setting Daily Limits

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🚨🚨 Opendoor, $OPEN, board chair Rabois says company is 'bloated,' needs to cut 85% of workforce, per CNBC

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JUST IN : 🚨 JPMorgan strategist: Fed rate cut unlikely to reverse economic slowdown.

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BREAKING: 🚨🚨 China says Nvidia, $NVDA, has violated anti-monopoly laws after conducting a “preliminary probe.”

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