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๐บ๐ธ The final reading of US Q4 2023 GDP comes in at 3.4%, above expectations of 3.2%.
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๐ฃ Jim Cramer just said he thinks "people are right to expect a pullback here"
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๐บ๐ธ The Federal Reserve had a record loss $114.3 billion in 2023 - Reuters
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๐ 7๐ 4โค 2๐คฉ 2๐ฅ 1
๐ The Dow just marked its highest closing price on record, at 39,760.
This puts the index up 7,500 points in exactly 5 months from its October 2023 low.
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โค 11๐ 6๐ฅ 5
๐ World Indices :
SPX - 5,227.31 (0.46%)
๐ Cryptocurrencies :
Bitcoin USD - 70,073.73 (-0.43%)
Ethereum USD - 3,572.14 (-1.12%)
๐ Commodities :
Crude - 81.04 (-0.71%)
Gold - 2,212.20 (0.59%)
Silver - 24.70 (0.31%)
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๐ฅ 16โค 10๐ 10๐ 8๐คฉ 7
๐ฅ HSBC Launches #Gold Tokenized Products for Hong Kong Retail Investors.
HSBC becomes the first bank to offer blockchain-based gold products for retail investors in Hong Kong ๐ญ๐ฐ with the launch of a gold tokenization product in partnership with Swiss crypto custody specialist Metaco.
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๐ฅ 8โค 5๐ 4
๐จ๐จ JPMorgan Strategist: Fed Shouldn't Cut Rates Now.
With the economy performing well and growth forecasts on the rise, experts like Oksana Aronov and Torsten Slรธk see no need for the Federal Reserve to lower interest rates.
Fed officials are expecting GDP growth to reach 2.1% this year, compared to a forecast of 1.4% in December, suggesting no rate cuts in the near future.
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โค 17๐ 9๐ 7๐ฅ 2
๐ Apple faces 33% drop in iPhone shipments in China, state data show
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Apple faces 33% drop in iPhone shipments in China, state data show
The government figures showed foreign brands shipped only about 2.4 million smartphones last month, which was affected by the later timing of the Lunar New Year. Apple accounts for the vast majority of those shipments, as the only overseas player with a meaningful market share.
โค 10๐ฅ 7๐ 5๐ 2๐คฉ 2
๐ฃ SWIFT to launch new Central Bank Digital Currency platform in 12-24 months - Reuters
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๐ฅ 12โค 5๐ 4๐คฉ 4๐ 2
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