[Beijing, 14th Archyde.com]-China has made minor revisions to its “dynamic zero” policy to strictly curb infections over the new coronavirus, but there are no signs of a breakthrough, and vaccination is lagging behind. This is likely to continue to cast a dark shadow on the Chinese economy. China has made minor amendments to its “dynamic … Read more
[Washington, 30th Archyde.com]–The US Department of Commerce announced on May 30 that consumer spending (PCE) in May increased by 0.2% from the previous month. April was revised downward from the previous announcement (up 0.9%) to an increase of 0.6%. The May market forecast was up 0.4%. Private consumption accounts for more than two-thirds of America’s … Read more
[Washington, 3rd Archyde.com]–The US non-farm payrolls increased by 390,000 from the previous month in May, and wages were still strong, so interest rates were raised by 50 basis points (bp) in a row in June and July. It did not urge the Federal Reserve Board (FRB), which is about to move to, to correct its … Read more
[Shanghai / Beijing 8th Archyde.com]–The lockdown (city blockade) that started a month ago in Shanghai, China, to thoroughly contain the new coronavirus infection is not likely to be lifted for a while. A person familiar with the matter told Archyde.com that the city of Shanghai is stepping up its efforts to eliminate new infections outside … Read more
[London, 13th Archyde.com]–The call to Alexander Kiririuk to dismiss was received hours after the Russian troops invaded Ukraine. The British beer company Samuel Smith, where he works, has decided to withdraw from the Russian market. On April 13, a call was made to Mr. Oleksandr Kiririuk informing him of his dismissal hours after the Russian … Read more
On March 7, gold spot prices rose to the $ 2000 level per ounce for the first time in a year and a half. Photo taken in Munich, August 2019 (2022 Archyde.com / Michael Dalder) (The third paragraph will be corrected from “August 2021” to “August 2020” by correcting the English text.) [Archyde.com]–The spot price … Read more
Atlanta, May 9 (Upi) — Fed President Robert Bostic said on Tuesday that the time for U.S. inflation to fall may be approaching.On the other hand, he said that he is inclined to accelerate the pace of rate hikes this year.2018 Year 3 month, taken in Knoxville (2022 Archyde.com/Ann Saphir/File Photo) Washington, May 9 (Archyde.com) … Read more