In a illiquid environment, the dollar has been steady. Many traders are still on holiday and there are no important data releases on the US economic data calendar on Friday. The dollar index has risen more than 4 per cent since Mr. Trump won the presidential election on November 5. Mr. Trump's proposed policies, including trade tariffs and tax cuts, are expected to drive up inflation and limit the Fed's room to cut interest rates. The data showed that the market expects the Fed to cut interest r...
Shigeru Ishiba, Japan's prime minister, said the government lacked sufficient information to consider using bitcoin as a strategic reserve, while the US and Brazil were exploring similar moves.
European Central Bank Governing Council Villeroy: There are good reasons to cut interest rates in December.
On November 8th, Minister of Finance Lan Foan introduced at a press conference that this year, due to various factors, the central and local fiscal revenue has fallen short of expectations. In this regard, we are taking a series of measures to ensure the completion of the annual budget targets. From a local perspective, we have set out a limit of 400 billion yuan for local government debt balances to supplement the comprehensive financial resources of local governments; encourage local governmen...
Trump Media Technology Group (DJT. O) narrowed its gains to less than 3 percent after rising as much as 30 percent.
Non-ferrous metal futures continued to decline, Shanghai copper turned from rising to falling, Shanghai lead fell by nearly 1%; Shanghai aluminum, Shanghai zinc, and Shanghai tin rose by less than 0.5%, having all risen by more than 1%; Shanghai nickel rose by 0.66%, having risen by nearly 3%.
According to ApeChain browser information, ApeChain has completed more than 360,000 transactions in less than 12 hours, and the transaction fee has accumulated 495.17 APEs. In addition, there are currently 1,204 contracts and 45 token contracts deployed on ApeChain.
On October 12, Minister of Finance Lan Foan said at the press release of the State Council Information Office on October 12 that China's finance is resilient enough to achieve a balance of payments and achieve the annual budget target by taking comprehensive measures.
The U.S. House of Representatives has received enough votes to pass a temporary government funding bill, and voting continues.
It is reported that Libya's oil production has fallen to less than 600,000 barrels per day, and the country's oil production has fallen by at least 400,000 barrels per day since the issuance of the shutdown order.
1. Six departments including the Ministry of Finance: It is strictly forbidden to borrow illegally and illegally for municipal infrastructure assets with no or insufficient income, and hidden debts shall not be increased. 2. Central Bank: In July 2024, the bond market issued a total of 6.63839 trillion yuan of various bonds. 3. Central Bank: As of the end of July 2024, the custody balance of foreign institutions in the Chinese bond market was 4.50 trillion yuan. 4. MLF shrinkage and parity renew...
On August 26th, the Ministry of Finance and other six departments formulated and issued the "Measures for the Administration of Municipal Infrastructure Assets (for Trial Implementation) ". The measures emphasize that municipal infrastructure assets invested and constructed by the government shall strictly perform the capital construction approval procedures in accordance with the law, implement the sources of funds, strengthen budget constraints, and prevent government debt risks. It is strictl...
Gold bulls hold on to 2500, but they are not strong enough to increase their positions above the key resistance; crude oil is falling, and it needs to rebound to the X-long and short boundary to reverse the decline.
August 12 news, class A shares three major index shock adjustment, as of the close, the Shanghai Composite Index fell 0.14%, Shenzhen Composite Index fell 0.24%, growth enterprises market index fell 0.2%. On the disk, medicine, health care sector against the trend stronger, Guangshengtang, Cape Bio, Lanwei Medical, Xiangxue Pharmaceutical 20% limit, to Ling Pharmaceutical, Xinhua Pharmaceutical and other stocks also limit; environmental protection sector rose sharply, Yongqing Environmental Prot...
Mr. Barkin said the growth in non-farm payrolls in the 114,000 was not good enough but was "reasonable data" and that a sharp rate cut would be typical if the US economy weakened rapidly.