The Peterson Institute for International Economics has an analysis on the possibility of an increase in Chinese economic activity. It is indicated that “in the coming days”: Challenges to jumpstarting growth through private spending are still daunting. The use of technology in the education sector has become increasingly prevalent. It.
The ‘statutor’ of the National Development and Reform Commission of the People’s Republic of China (NDRC) is a spokesman. China is confident that it will be able to maintain prices steady in 2023 as international commodities may fluctuate and imported inflationary pressures may remain, Chinese foundations are sturdy. After the.
The latest Chinese data regarding inflation has been released. In December, the Consumer Price Index in China rose by 1.8% year-over-year. Predictions suggested a growth of 1.8%, which was higher than the previous 1.6% The month-over-month figure was 0.0% The way in which technology is constantly advancing has revolutionized our.
The Group of Seven countries, Australia, and the European Union imposed a $60 per barrel price ceiling on Russian sea-borne crude oil sales late in 2022. February 5 will see the continuation of sanctions on Russia following the alliance’s decision to extend them. In response to the US Treasury.
What should people invest in to make money after the Lunar New Year celebrations? Oil, of course, said the global head of commodities at Goldman Sachs (gated Bloomberg TV interview). When China and other Asian economies reopen after the Lunar New Year celebrations later this month, they will experience a.
Today is the day that inflation data is due from China. I had it on my calendar yesterday, but it was incorrect. Looks like today for sure!
China’s yuan not far from a 4 month high – policy support, COVID recovery, seasonal demand China to pause costly chip investments as Covid strains budget PBOC Guangzhou branch reportedly guides banks to provide offshore financing to developers ICYMI – China’s Finance Minister reiterated plans to appropriately expand fiscal spending.
The first trading day of the year highlights a few opportunities in the market this year. I’m skeptical that price action this early is telling but some news items are notable and fit into themes I highlighted in the video below. 1) China reopening The China PMI today was awful.
The US dollar is sizzling today even as Treasury yields fall. It’s a reminder that intermarket correlations don’t matter on Day 1 as flow-driven trade dominates. The rally in the dollar speaks only to demand for liquidity and the world’s reserve currency — I wouldn’t take it as any kind.
After the Fed delivered a more hawkish than expected stance, the market sold off pretty heavily. The Fed once again had to repeat to the market that they are solely focused on bringing inflation back to their 2% target and they are ready to go above market expectations and risk.
I posted earlier on TSLA: Tesla’s Q4 2022 deliveries fell short of Wall Street estimates but up from Q4 a year ago Its no secret that CEO Musk has been MIA at Tesla since he has indulged himself with populist plays on Twitter, rally letting down his shareholders. Reports today.