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Bank of China to enable payment in yuan on U.S. e-commerce platforms
Internationalization of the Renminbi continues a few steps at a time. What are your thoughts? https://www.reuters.com/article/us-china-banking-usa/bank-of-china-to-enable-payment-in-yuan-on-u-s-e-commerce-platforms-xinhua-idUSKCN1P707Z- Microbio-glutonist Replied
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- 1,567 views
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China's "Informal Boycott" of American Goods; Pretending an Agreement is all Good!
Found this interesting and in support of my earlier posts. After living and working in China for years, I have a much better than average...- Microbio-glutonist Replied
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French Producers Attack U.S. Decision On Foie Gras Ban
French foie gras makers have accused the U.S. Supreme Court of bowing to false claims by vegetarian lobbyists with its refusal to hear an...- rainman Replied
- 8 replies
- 2,866 views
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New rival for NYSE and Nasdaq?
A group of financial heavyweights including Morgan Stanley, Fidelity Investments and Citadel Securities LLC plans to launch a new low-cost stock exchange to challenge...- Sefko Trafikant Replied
- 7 replies
- 17,368 views
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Weekly Reports Jan. 7, 2019
Given all the volatility, here are some important reports and events. Date Country Event Impact Previous Consensus Monday Jan 07, 02:00 China Foreign Exchange Reserves (MoM) Low ¥3.062 ¥3.069 Monday Jan 07, 15:00 United States Factory Orders (MoM) Medium -2.1% 0.7% Monday Jan...- Microbio-glutonist Replied
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- 1,111 views
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US Fed Reserve: Better Late Than Never
The US Federal Reserve surprised the markets when they failed to indicate a pause in monetary tightening at their policy meeting in December. In...- us
- federal reserve
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- Pavel Replied
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US gains 312,000 jobs in Dec
he U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing the economy still has...- Joanna Replied
- 10 replies
- 2,848 views
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Global Threat: Yen's Surge Is A Red Flag For World Markets
According to Reuters agency, a gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge — firing a warning shot...- rainman Replied
- 9 replies
- 3,384 views
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Amazon & Walmart: Retailers Forced to Fly Foreign Flags!
I'm a patriotic free-market capitalist and believe in redemption, how about you? Proposed New Law: All brick-and-mortar (BnM) retailers MUST fly the national flag of any country...- Microbio-glutonist Replied
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Apple Loses $445 Billion: 90 Days Oct.3-Jan.3 / Dividend cut?
The once most valuable, "trillion dollar company," was at a high on 3 Oct. 2018, just 90 days ago, selling at $233.47 /share. Apple closed...- Microbio-glutonist Replied
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- 1,403 views
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- Microbio-glutonist Replied
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More US Companies Likely to Share Apple Pain Amid China Tensions
Kevin Hassett, economic advisor to President Donald Trump, said that trade war with China will force other companies besides Apple to announce lower earnings. Hassett...- Stormysaga Replied
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Apple Loses $57 Billion Mkt Cap: Thanks Communist China
Apple, like many other capitalist free-market American enterprises, is paying the price of willful gullibility. China is COMMUNIST, Dah! They execute more people each year than...- Microbio-glutonist Replied
- 9 replies
- 3,461 views
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Trump says lower gas prices are like tax cut
I admit I'm new to studying economics, which is why I'm here. Somehow, this statement seems illogical. Am I wrong?- trump
- low prices
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- Lily Gonzalez Replied
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- 1,119 views
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US Stocks Suffer Worst Year Since 2008
U.S. stocks in 2018 suffered their worst annual performance in a decade. Despite making gains on Monday, the S&P 500 finished 2018 down 6.2...- Stormysaga Replied
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- 1,018 views
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FAANG stocks on losing streak
UBS' Art Cashin told CNBC that if the market wants to head into 2019 higher, it needs "unified and consistent" FAANG stocks. Those stocks lost a combined...- 李伟王芳 Replied
- 6 replies
- 2,464 views
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Euro Faces Tough Adulescence
The euro celebrates its twentieth birthday saddled with flaws dating back to its conception. There were early successes in financial market terms as bond...- 50 shades of black Replied
- 7 replies
- 2,516 views
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China's manufacturing hits 2-year low
China heads into the new year with its factories back in contractionary territory as the threat of a prolonged trade war dampens sentiment and...- china manufacturing
- china economy
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- 李伟王芳 Replied
- 9 replies
- 2,339 views
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The World and $250 trillion: Taking Stock Of The World’s Debt
The world has never had as much debt as it has right now—nearly $250 trillion.That figure is three times what it was two decades...- damirUSBiH Replied
- 6 replies
- 7,126 views
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ECB Sees Global Economic Slowdown In 2019
The global economy is set to slow down in 2019 and stabilize thereafter, the European Central Bank said on Thursday, while still expecting prices...- rainman Replied
- 7 replies
- 3,273 views
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Significantly- Gold Hits Six-Month High On U.S. Political Worries
Gold rose to its highest in six months on Wednesday as worries over U.S. political uncertainty, aggravated by a partial government shutdown, and slowing...- damirUSBiH Replied
- 3 replies
- 2,480 views
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Dow suffers it's worst Christmas eve trading day ever.
It is said this could be the worst December for markets since the Great Depression. https://www.nbcnews.com/business/markets/dow-drops-653-points-worst-christmas-eve-trading-day-ever-n951661- dow
- stock market
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- Adrian Hernandez Replied
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- 1,278 views
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Trump charity dissolved
The Trump Foundation has agreed to dissolve under judicial supervision, according to the New York Attorney General. The lawsuit - which also seeks millions in...- 李伟王芳 Replied
- 8 replies
- 6,640 views
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China, EU Lambast United States For Miring WTO In Crisis
The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures...- rainman Replied
- 3 replies
- 1,720 views
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Forget 'Fake News', Here's 'Fake Markets'
When it get serious you have to lie. MbS Spent Billions To Prop Up Saudi Stocks.- BlackTortoise Replied
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- 1,123 views
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$867 billion farm bill passed
The House passed the 2018 Farm Bill in a vote of 369-47. After the Senate passage on Tuesday, the bill now goes to the...- farm bill senate
- farm bill trump
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- Stephen Replied
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- 5,130 views
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Global Economy-Bad Days Are coming
One of the International Monetary Fund’s top officials warned on Tuesday that storm clouds were gathering over the global economy and that governments and...- 50 shades of black Replied
- 24 replies
- 14,262 views
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Could Tesla Buy GM?
Okay, I know it sounds ridiculous but someone is apparently thinking it is a possibility. Forget Tesla Buying A GM Factory, Tesla Could Buy GM I...- Marina Schwarz Replied
- 40 replies
- 10,528 views
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Asian stocks down
Asian equities fell Monday as data showed China exports weakened ahead of U.S.-China trade talks and tracking last week’s stock-market retreat in the U.S. China’s...- asian stocks
- chian economy
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- 李伟王芳 Replied
- 9 replies
- 3,088 views
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OPEC meeting
Oil prices are not determine only by supply and demand (20% ) a supplication and geopolitical factors play a vital role that is why the...- AYA Replied
- 0 replies
- 1,223 views
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