Japanese Stocks $EWJ formed a Death Cross for the first time since December 2021. The last one saw stocks enter a bear market with a plunge of more than 30%.

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U.S. Dollar is now used in 49.1% of global payments, the highest level in more than 12 years

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🚨 ECB’s Rehn Sees Direction Clear on Rates as Inflation Stabilizes

Olli Rehn, a member of the European Central Bank's Governing Council, indicated that interest rates are expected to decline as inflation stabilizes around the 2% target. He emphasized that the direction of monetary policy is now clear, but the pace and extent of rate cuts will depend on incoming data and thorough analysis during each meeting. Rehn also expressed concerns regarding potential risks from U.S. trade policies.

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China’s economy is experiencing its largest financial collapse since its 2002 emergence into the WTO. 10-yr Chinese govt bonds now yield 1.75% and 30-yr bonds are also below 2%. Banks are insolvent and leverage is 350% of ‘reported’ GDP. The first 14 trillion RMB fill a hole.

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Ethereum Foundation just sold 100 $ETH and has now sold a total of over $12.5 million worth this year

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Apple is 5% away from hitting a $4 trillion market cap.

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China executes official in $412 million corruption case.

China on Tuesday executed a 64-year-old former official who was convicted of bribery, state media reported.

Li Jianping, who served in the northern Inner Mongolia autonomous region, was convicted of corruption, bribery, misappropriation of public funds, and collusion with a criminal syndicate.

The 64-year-old official was given a death sentence in September 2022, which was upheld in August this year.

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President Biden calls for ban on congressional stock trading.

"Nobody in the Congress should be able to make money in the stock market while they're in the Congress."

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Russia remained the European Union's top Liquified Natural Gas supplier in October, delivering €701.5 million in gas.

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The US stock market is now worth a record $64 trillion, making it larger than all other global equity markets combined.

The market capitalization of the US equity market has doubled over the last 4 years.

Over the same time period, the value of all other stock markets has increased by ~$10 trillion or a mere 19%.

Furthermore, over the last 10 years, US markets have added $40 trillion in value, doubling the return seen in all other markets combined.

As a result, the US now reflects a record 74% of the MSCI World Index, even surpassing the 1970s high.

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Over $1.50 trillion was wiped out from the US stock market today.

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Chinese Banks raise mortgage rates for the first time in 3 years

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Russia says 90% of trade settlements with China are conducted in national currencies, and more than 50% with India.

"The dollar has discredited itself."

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President-elect Trump says the "United States will cut hundreds of billions of dollars in spending next year."

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Amazon workers officially begin nationwide strike, marking the largest strike against Amazon in US history.

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Rumble announces $775 million investment from Tether $USDT

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Biden-Harris administration announces a $1,000,000,000 taxpayer funded financial package for the "Ecuadorian Amazon."

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Ripple to donate $5 million in $XRP to President-elect Trump's inaugural fund.

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India is the world's largest importer of Russian oil.

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