2023-08-25 22:03:00 BEIJING/HONG KONG (Archyde.com) – Erin Yao, a 30-year-old book editor living in Beijing, has taken street dance classes and traveled all she could in the three years since the Chinese government’s “zero coronavirus” policy. I was going to do something that wasn’t there. On August 25, Erin Yao, 30, a book editor living … Read more
2023-08-21 14:16:00 Equity strategists at Morgan Stanley said it would be difficult for the S&P 500 to follow higher as investors begin to question how long the U.S. economy’s resilience will last. Photo taken in March 2022 (2023 REUTERS/Brendan McDermid) (Archyde.com) – The S&P 500 is up just under 14% this year as investors begin … Read more
2023-08-04 14:17:00 A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Archyde.com) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s … Read more
2023-08-03 16:05:00 According to data released by the China Passenger Car Association (CPCA) on the 3rd, US electric vehicle (EV) giant Tesla sold 64,285 new EVs made in China in July, down 31% from the previous month. Photo taken in January 2021 (2023 REUTERS/Tingshu Wang/File Photo) BEIJING/SHANGHAI (Archyde.com) – U.S. electric vehicle giant Tesla’s sales … Read more
2023-07-06 14:33:00 The Institute for Supply Management (ISM) released the nonmanufacturing index in June, which rose to 53.9 from 50.3 in the previous month, beating market expectations of 51.0. New orders picked up, while prices paid fell to a three-year low, suggesting service-sector inflation will continue to fall. (2023 REUTERS/Lucy Nicholson) WASHINGTON (Archyde.com) – The … Read more
2023-06-30 17:14:00 U.S. Treasury Secretary Yellen said on Monday that the U.S. economy is on track to keep inflation under control and maintain a strong labor market, even if it cools a little more. Photo taken in April 2022 (2023 REUTERS/Tom Brenner) [３０日 ロイター] – U.S. Treasury Secretary Janet Yellen said on Monday that the … Read more
2023-06-15 16:00:00 According to the monthly survey on the manufacturing industry released by the Federal Reserve Bank of New York (NY) and the Federal Reserve Bank of Philadelphia on the 16th, the business sentiment index for the next six months both reached the highest level in 15 months. Northeastern U.S. manufacturers expect new orders and … Read more
2023-06-13 15:35:00 Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. Photo taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Archyde.com) – Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released … Read more