💥Latest global financial news💥

1. 🌍 The IMF has revised its global growth forecast for 2025 (3%) and 2026 (3.1%), thanking the weakened dollar and the limited impact of US tariffs on international trade. Be cautious of vulnerabilities related to the anticipated storage of imports.

2. 📉 After Trump's announcements (25% tariffs in preparation), global markets had plunged in early April, with the S\u0026P 500 and Nasdaq losing more than 10%, causing the worst crash since 2020. Fortunately, the markets have since recovered.

3. 🏛️ The Fed maintained its benchmark rate (4.25%-4.5%) during its meeting on July 30, but for the first time since 1993, two members voted in favor of an immediate cut. Investors are watching Powell's speech tonight.

4. 📊 Institutional investors (49%) are still concerned that the long-term economic risks of US tariffs are underestimated, prompting them to diversify into defensive sectors or keep more cash.

5. 🏦 The expansion of BRICS (including Indonesia's membership) and a statement in Rio in early July highlight the desire for shared economic governance and a multipolar financial order, particularly around AI.

And we are waiting for the alt season with that 🤣