Category: Finance
The pOUNd&US first rose and then fell after conflicting signals from economic data
Sterling hit 1.35 against the dollar in early European trading on Wednesday for the first time since December 4 before…
The Federal Reserve will keep interest rates at zero as it continues to buy bonds and revise up economic performance this year
The Federal Reserve, at its last regular meeting of the year, decided to make important changes to its efforts to…
U.S. retail sales fell 1.1 percent in November, the biggest monthly decline since April
The U.S. Commerce Department said on Wednesday that retail sales unexpectedly fell 1.1 percent in November, the biggest drop since…
Another high-profile state-owned company has defaulted on $2 billion of its debt
Citic Guoan Group defaulted again on December 15, with a size of 2 billion yuan. The group defaulted on 3…
Something to do with the American election? China’s foreign-currency outstanding figures are bizarre
December 14 – The funds outstanding for foreign exchange of the Central Bank of China became regular for the first…
Fed decision to attack, gold can continue to attack?
[Market Review] Congress begins economic stimulus talks. The Speaker of the US House of Representatives Nancy Pelosi has invited leaders…
Shandong large private enterprise Ruyi Group default bond market waves again
News that a large private company, Ruyi Group, based in Shandong province, was unable to repay a Rmb1bn bond followed…
Smic has been removed from the list of 10 defence blacklists in some MSCI indices
MSCI announced on Tuesday that it will remove 10 Chinese companies, including SMIC, from indexes such as the MSCI Global…
State-owned banks have been battered by a debt explosion
Recently, a number of large state-owned enterprises with AAA credit ratings have experienced a continuous burst of debt, and the…
The Stock strategist is bearish: THE U.S. is playing with fire. Buying stocks over the next 10 years will yield poor returns
The COVID-19 vaccine officially began in the United States on Monday, but the Dow Jones Industrial Average rose first and…
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