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11 Jul 2023

Pernod Ricard strong reversal day yesterday on support zone

Pernod Ricard (RI FP) had a strong reversal day yesterday ! Stock is now back over major support 196.80. (Source : Bloomberg)

11 Jul 2023

Dassault Systemes rebounding on support zone

Dassault Systemes (DSY FP) is rebounding on support zone 38-38.60 !

10 Jul 2023

93% of banks exploring potential CBDC: Bank of International Settlements

Central banks interested in exploring “some form” of a central bank digital currency (CBDC) rose to 93%, according to a 2022 Bank of International Settlements survey. Eighty-six banks responded to the BIS survey. However, a June survey from the Atlantic Council found that around 130 countries are exploring CBDCs. “Work on retail CBDC is more advanced than on wholesale CBDC: almost a quarter of central banks are piloting a retail CBDC. More than 80% of central banks see potential value in having both a retail CBDC and a fast payment system, mostly because a retail CBDC has specific properties and may offer additional features,” the BIS wrote.
Source: Blockworks

10 Jul 2023

Meta's Threads Hits 100M Users In Just 5 Days, Becomes Fastest Growing App In History

Threads app has hit the milestone of 100 million users in the first five days of its launch, making it the fastest-growing consumer application in history. Threads beat ChatGPT's record by a wide margin, which achieved the milestone in two months. On the first day of Threads' launch, Meta co-founder Mark Zuckerberg announced the milestones of 2 million, 5 million, and 10 million users. It took Threads two hours, four hours, and seven hours, respectively, to cross these milestones. source : reuters

10 Jul 2023

Market Expectations Seem Quite Low

As we enter us q2 earnings season, market expectations seem quite low Source: Bloomberg

10 Jul 2023

Africa Natural Reserves

Africa has about 12% of the world’s oil reserves, 42% of its gold, 80%–90% of chromium and platinum group metals, and 60% of arable land in addition to vast timber resources. Source: MentorQpro

10 Jul 2023

According to Goldman, India is poised to become the world’s second largest economy by 2075 behind China but ahead of the US

Source: CNBC

10 Jul 2023

Hedge Funds YTD returns by strategy as of June 30th

Source: Aurum

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