📊 Fed Reveals Rate Cut Debate

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🤝 CME Group partners with FanDuel for event contracts
🏗️ Rabbet's report reveals construction finance trends
📺 Disney launches ESPN app for cord-cutters
📉 Fed minutes hint at possible rate cuts
📊 Futu's Q2 earnings soar with 105% net income growth
🎁 +8 more stories you might like

FROM OUR PARTNER

As the Fed Wavers on Rate Cuts, Gold Shines as a Market Hedge

With the Federal Reserve’s latest minutes revealing a rare division—two policymakers dissenting in favor of a rate cut while most remain cautious amid inflation concerns—investors worried about a stock‑market drop may lean into gold.

In this environment, gold stands out as both a hedge against economic uncertainty and a beneficiary of potential rate reductions, which tend to lift its appeal relative to yield-bearing assets.

Learn More

🤝 CME Group and FanDuel Forge New Path in Event Contracts Link
  • CME Group and FanDuel are partnering to launch innovative event-based contracts.
  • The platform will allow users to bet on market outcomes with simple yes/no positions.
  • Pending regulatory approval, this venture aims to attract a new generation of traders.
🏗 Construction Finance Report Highlights AI and Efficiency Push Link
  • Rabbet's report shows the construction industry is focusing on efficiency amid economic challenges.
  • AI adoption is rising, with 94% of firms planning to implement AI tools.
  • Persistent cost overruns and communication gaps remain significant hurdles for the industry.
📺 Disney's ESPN App Targets Streaming Sports Fans Link
  • Disney launches a new ESPN app offering a wide range of sports content outside traditional pay TV.
  • The app provides personalized experiences and includes features like AI-generated narration.
  • Disney aims to capture cord-cutters and expand its streaming footprint.
📉 Fed Minutes Reveal Internal Debate on Rate Cuts Link
  • Fed minutes show a division among policymakers on the need for rate cuts.
  • Recent labor market data may support the case for lowering rates soon.
  • Upcoming speeches and economic data will be crucial for future rate decisions.
📊 Futu Holdings Reports Strong Q2 Earnings Growth Link
  • Futu Holdings' Q2 earnings show a 105% increase in net income year-over-year.
  • The company's user base and trading volume have grown significantly across multiple regions.
  • Cryptocurrency and AI are key areas of innovation driving Futu's growth strategy.

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Other news & articles you might like

  • 🏢 CTO Realty sells Daytona Beach properties for $7.1M (Link)
  • 🛠️ AutoZone to announce Q4 earnings on September 23 (Link)
  • 🌿 Audit reveals issues in Mass. Cannabis Commission (Link)
  • ⚖️ Hims & Hers faces lawsuit over stock drop (Link)
  • ⚠️ Sarepta investors urged to act before lawsuit deadline (Link)
  • 🔧 Superior Energy acquires Quail Tools from Nabors (Link)
  • 🤖 BofA's Erica surpasses 3 billion interactions (Link)
  • 🇺🇸 Trump eyes Intel stake for U.S. government (Link)

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