U.S. new jobless claims fell slightly last week
The number of new jobless claims in the United States continued to fall to 210,000 last week, a decrease of 8,000 from the previous value an...
U.S. consumers expect prices to rise only about 3% year-on-year over the next five years
The Federal Reserve Bank of New York just released a report on U.S. consumers' inflation expectations. The report's survey found tha...
Minutes of the May monetary policy meeting
Last night, at 0200 Hong Kong time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) monetary policy mee...
U.S. PMI fell 1.7 percentage points from the previous month in May
S&P Global announced that the U.S. manufacturing purchasing managers' index (PMI) fell to 57.5 in May, down 1.7 percentage points fr...
U.S. is considering cutting tariffs on Chinese imports
U.S. President Joe Biden said after his visit to Tokyo, Japan to meet with Prime Minister Fumio Kishida that he is considering reducing tari...
ECB likely to exit negative rates in third quarter
European Central Bank President Christine Lagarde said in a post on the central bank's website that according to the current outlook, th...
US President Biden visits Samsung Electronics plant in South Korea
US President Joe Biden chose to visit South Korea on his first trip to Asia after taking office. The first stop of his visit last Friday (Ma...
Australia's ruling Liberal Party declares defeat
There are preliminary results in the Australian general election. The ruling Liberal Party declared defeat and the Labor Party won, ending t...
U.S. oil demand hits one-year low
The American Petroleum Institute said in its monthly report on May 20 that in April, U.S. oil demand was 19.3 million barrels per day, a dec...
U.S. jobless claims rise slightly
The U.S. Department of Labor announced on May 19 that, on a seasonally adjusted basis, for the week ended May 14, the number of initial jobl...
Hot-rolled coil prices plummet as Chinese factories sell off excess steel at low prices due to COVID-19 epidemic
Due to the resurgence of COVID-19 epidemic, China's closure of cities, impacting demand, and Chinese factories selling excess steel at l...
Japan's first-quarter CPI shrinks by 1% year-on-year
Japan's first-quarter gross domestic product (GDP) contracted by 1% year-on-year, the second contraction since the third quarter of last...
TerraUSD event becomes 'largest wealth destruction event' in history
After the stablecoin TerraUSD (UST) fell below the price of 1:1 against the US dollar, it plummeted all the way, setting off a massacre in t...
Finland announced its membership in NATO last Thursday
Last Thursday (12th) the President and Prime Minister of Finland officially announced that Finland would join NATO. It is understood that th...
U.S. new jobless claims rose slightly last week
The number of new jobless claims in the United States continued to rise to 203,000 last week, an increase of 1,000 from the previous value, ...
U.S. CPI rose 8.3% in April, slightly better than market expectations
The US April consumer price index (CPI) rose 8.3% year-on-year, down 0.2 percentage points from the previous value, and the market expected ...
People's Bank of China may push policies to stimulate China's economy
China's National Bureau of Statistics announced that China's April consumer price index (CPI) continued to rise to 2.1% year-on-year...
U.S. nonfarm payrolls add 428,000 in April, beating market expectations
The US added 428,000 non-farm jobs in April, beating expectations. Although the unemployment rate remained unchanged at 3.6%, the hourly wa...
China's exports only increased by 3.9% in April due to the impact of the epidemic
Affected by the epidemic, production in many Asian countries has begun to recover from the epidemic, and many Chinese orders have been taken...
Bank of England announces rate hike to 1%, the highest since 2009
After the Bank of England's interest rate meeting last night (5th), as expected, it announced to raise interest rates by 25 basis points...
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