ASIA: In the first five months of the year, China’s industrial firms experienced a significant decline in annual profits, with a 18.8% year-on-year slump. This decline follows a contraction of 20.6% in profits from January to April. The weakening demand and squeezed margins indicate that the country’s post-COVID economic recovery is faltering. Various indicators, […]
ASIA: In May, Asian bonds experienced a significant increase in foreign investments, with the highest monthly inflows in nearly two years. This surge was driven by expectations of a more moderate approach to monetary tightening by the U.S. Federal Reserve. Data from regulatory authorities and bond market associations revealed that foreign investors bought a net […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 82.73 points or -0.25% to 32,698.81 Shanghai decreased 47.28 points or -1.48% to 3,150.62 Hang Seng decreased 95.84 points or -0.51% to 18,794.13 ASX 200 decreased 20.50 points or -0.29% to 7,078.70 Kospi increased 12.10 points or 0.47% to 2,582.20 […]
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 483.34 points or -1.45% to 32,781.54 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 328.38 points or -1.71% to 18,889.97 ASX 200 decreased 96.30 points or -1.34% to 7,099.20 Kospi decreased 23.60 points or -0.91% to 2,570.10 […]
PRIVATE BLOG – Here Comes July & Gold’s Warning to the Blind? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – Here Comes July & Gold’s Warning to the Blind? first appeared on Armstrong Economics.
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 310.26 points or -0.92% to 33,264.88 Shanghai closed Hang Seng closed ASX 200 decreased 119.40 points or -1.63% to 7,195.50 Kospi increased 11.07 points or 0.43% to 2,593.70 SENSEX decreased 284.26 points or -0.45% to 63,238.89 Nifty50 decreased 85.60 points […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 186.23 points or 0.56% to 33,575.14 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 388.73 points or 1.98% to 19,218.35 ASX 200 decreased 42.90 points or -0.58% to 7,314.90 Kospi decreased 22.28 points or -0.86% to 2,582.63 […]
ASIA: The People’s Bank of China has taken steps to stimulate economic growth by cutting two key lending rates for the first time in 10 months. The one-year loan prime rate was reduced by 10 basis points from 3.65% to 3.55%, and the five-year loan prime rate was lowered from 4.3% to 4.2%. These […]
Despite the cheering from the Washington Post, CNN, NY Times, the rest of the anti-Democracy press, and all the Democrats who were brainwashed into thinking Trump really won only because of Putin in the Hillary version of conspiracy theory (misinformation), what they have unleashed is the international collapse in confidence of the United States. Ever […]
ASIA: China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said last Friday, in line with […]
