SHANGHAI (Archyde.com) – The People’s Bank of China’s (PBOC) unexpectedly cut interest rates on Wednesday underscored the government’s dilemma. It is a composition that the authorities are trying to revive the economy by supplying abundant funds to the financial system, but consumer demand is still not picking up. The People’s Bank of China (PBOC) unexpectedly … Read more
(Archyde.com) – The U.S. Labor Department’s seasonally adjusted consumer price index (CPI) was flat in July, according to a release on Wednesday. This was due to a 20% drop in gasoline prices. Market expectations were for a gain of 0.2%. Compared to the same month last year, it rose 8.5%, falling short of expectations. It … Read more
The ruble was sold in the Russian market on the 25th of the week and exceeded 58 rubles against the dollar. Taken in February (2022 Archyde.com / Dado Ruvic) [モスコー ２５日 ロイター] –The ruble was sold in the Russian market on the 25th of the week and exceeded 58 rubles against the dollar. With tax … Read more
[London, 6th Archyde.com]-China is the only major country / region to attract foreign investors in that it can expect a recovery in economic growth this year. But at the same time, there are also factors that discourage their willingness to invest. It is a concern that China will one day be excluded from the world’s … Read more
Houses are seen in Livingston Square, a construction of the PulteGroup, in Livingston, New Jersey, U.S., May 23, 2022. REUTERS/Andrew Kelly [Archyde.com]–It turns out that US mortgage lenders, refinancing providers and realtors could fire thousands of employees in the coming months. Several industry sources have revealed. The housing market is chilling as many Americans postpone … 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
On June 29, Mester, Cleveland District Fed President (pictured), said he would support a 75 basis point (bp) rate hike at the next Federal Open Market Committee (FOMC) in July if economic conditions remain unchanged. Showed posture. Taken in London, July 2019 (2022 Archyde.com / Marc Jones) [Archyde.com]–Mester, Cleveland District Fed President, said yesterday that … Read more
On June 15, according to the Japan Exchange Group, the dynamic circuit breaker was activated twice in the government bond futures market in the afternoon. The photo is the logo of the Tokyo Stock Exchange. Taken in Tokyo in December 2013 (2022 Archyde.com / Yuya Shino) [Tokyo 15th Archyde.com]–According to the Japan Exchange Group, the … Read more