Market Talk – June 7, 2022
ASIA: China is moving to spur spending that was depressed by COVID curbs in some of its biggest cities, but piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been … Read more
ASIA: China is moving to spur spending that was depressed by COVID curbs in some of its biggest cities, but piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been … Read more
ASIA: Global markets fell sharply on Monday as fears over rising inflation and a slowdown in China’s export growth fueled worries about the health of the world economy. Analysts said the slowdown showed that the … Read more
ASIA: China “firmly” opposes a new trade initiative between Taiwan and the United States, the Commerce Ministry said on Thursday, a plan the government in Taipei says is a recognition of the key position the … Read more
Back in July 2020, I appeared on a podcast with Tom at Palisades Radio, where I forecast the peak in Gold and Silver in August. The Fed had already cut QE by 88% and fiscal … Read more
ASIA: India has allowed wheat shipments of 469,202 tonnes since banning most exports last month, but at least 1.7 million tonnes is lying at ports and could be damaged by looming monsoon rains, Reuters reported. … Read more
ASIA: U.S. authorities are ready to implement a ban on imports from China’s Xinjiang region when a law requiring it becomes enforceable later in June, a U.S. Customs official said on Wednesday, adding that a … Read more
ASIA: China’s factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs eased, but movement controls continued to weigh on demand and production, raising concerns about economic growth in … Read more
ASIA: The Indian government is likely to stick to its fiscal deficit target as specified in the budget, and there may not necessarily be a need for increased government borrowing just yet, governor Shaktikanta Das … Read more
ASIA: Earlier this week, China’s premier, Li Keqiang, warned that the world’s second-largest economy could struggle to record positive growth in the current quarter. “We will try to make sure the economy grows in the … Read more
ASIA: US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan. Biden said he’s considering … Read more