Call the considerations, which could have knock-off effects on global currency markets, a yuan-sided argument.
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The world’s factory is slowing down and it might have nothing to do with the tariffs promised by the Trump 2.0 administration.
What this means, however, is that the next time American markets tumble, it won’t just be America’s problem.
Beijing’s move came swiftly in response to the White House’s decision to slap new curbs on exports of vital chip components to China.
Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.
There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.
The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.
Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.
Just in time for Trump 2.0, China is on pace for history’s first $1 trillion trade surplus by a single nation, according to Bloomberg.
Of 12 major developed-market central banks, eight are in rate-cutting mode, with Australia, Norway, Japan, and Taiwan the odd men out.
UK officials are reportedly weighing hiking taxes on gambling, and Macau continues to wean itself off the industry.
China is grappling with a depressed job market, a struggling property sector, weak consumer spending, geopolitical tensions, and debt.
Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.
The OECD upgraded its outlook for global economic growth, noting slowing inflation, central bank rate cuts, and falling energy prices.
After two months of a post-election stalemate, French president Emmanuel Macron appointed a government Saturday.
China will see middling returns into 2025 according to new data and a bank analyst report, which paints a grim future for its consumer sector.