Category: Finance

U.S. lawmakers propose 25% tax credit to incentivize chip production

A bipartisan group of lawmakers on the U.S. Senate Finance Committee has introduced legislation aimed at providing incentives for chipmakers…

Some commodities erase all gains since 2021

Commodities have received a lot of attention for their gains this year, but as of now, many of them have…

Cheng Xiaonong: Lifting the Fog of China’s Economic “Boom”

The West has often misjudged the economic prospects of communist regimes, at least twice so far, once by overestimating the…

The U.S. dollar is at a new two-month high again and gold, silver and copper have fallen badly this week

The newest Fed officials’ statement intensified the hawkish signal of early rate hike released by the Fed’s meeting this week,…

Gold fell below the 1,000-8 mark, can the decline be extended?

[Market Review 10-year U.S. bond yield fell back to 1.5% Before the Fed’s interest rate resolution this Thursday, most varieties…

The Fed rate hike is expected to have an immediate impact: commodities cooled down several varieties of heavy losses

Following the Fed’s rate resolution, most major commodities fell in price on Thursday, most notably precious metals palladium and platinum,…

Spot gold plunges $50 intra-day as precious metals fall hard en masse

The Fed’s unexpected “hawk’s claw” has triggered a chain reaction of major central banks. Beijing time in the early hours…

FOMC first mentioned two rate hikes in 2023, the dollar soared stocks and gold fell

On Wednesday, June 16, the Federal Reserve announced its FOMC monetary policy meeting resolution and released its latest quarterly economic,…

Focus on the Fed’s interest rate resolution, gold bulls can raise eyebrows?

[Market Review]. U.S. Retail Sales recorded a negative monthly rate in May. The dollar index continued to trade around 90.5…