Category: Finance
Forced short war fears fall, how to lay out the gold short?
[Market Review The U.S. stimulus bill welcomed new developments. The dollar index rallied 1% strongly this week. The U.S. House…
Ren Zhengfei apologizes for daughter Yao Anna’s private use of public power
On the evening of February 3, huawei founder Ren Zhengfei was on the top of the search list for “apology”…
Spot gold breaks below the 1790 mark
On Thursday evening (Feb. 4), spot Gold plunged 2% below the 1790 mark, down more than $45 from its daily…
Bank of England negative interest rates hanging in the balance
On Thursday night, the Bank of England announced its interest rate resolution, keeping the interest rate level unchanged at 0.1%…
China’s Economy to Surpass U.S. in Size? Scholars: It’s too early to compete with the U.S. for hegemony
Despite being the site of the New crown outbreak, China’s economy posted positive growth of 2.3% in 2020 and its…
Epidemic Hits Energy Demand Hard, Shell Oil Takes Huge Loss in 2020
Oil giant Royal Dutch Shell today reported a full-year loss of $21.7 billion for 2020. Blame it on the 2019…
Ford terminates joint venture agreement with Continental Zotye to build electric vehicles
Two electric vehicle joint venture agreements between U.S. automaker Ford Motor and mainland-based Zotye have been delayed for the past…
China’s surplus of $535 billion last year, foreign reserves increased by only 108 billion, where did the money go?
According to official Communist Party data, China recorded a $535 billion trade surplus and capital inflows in 2020, but the…
Chinese offshore dollar debt defaults in January exceeded 30% of last year’s annual
In January 2021, the amount of Chinese offshore U.S. dollar-denominated debt in default has exceeded one-third of the entire year…
Communist China sanctions anti-promotion Australian wine exports to Europe hit a 10-year high
This is despite Beijing‘s tariff of more than 200% on Australian-produced wine last November, causing a further reduction in Australian…
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