economy

Translation in English: The Chinese yuan plummets by 1200 points! Are foreign fu

Last Friday, the offshore exchange rate of the Chinese yuan against the US dollar fell by nearly 300 pips. By Monday morning, the exchange rate once again weakened, hitting a low of 6.8449.Unlike in t...

Aug-11 , 2024

economy

Translate to English: Another 100 basis points rate hike? Profits plummet by 2.3

01, U.S. Stock Market CloseLast night, the Dow Jones Industrial Average rose by 376 points, or 1.1%.The highest record of the Dow was set in January of last year, reaching 36,952 points. Subsequently,...

Aug-05 , 2024

economy

Raise interest rates to 6%! The U.S. economy may "not land," and U.S. Treasury b

Some time ago, the U.S. Treasury market was relatively stable, as everyone felt that inflation had been brought under control, leading to a slow decline in Treasury yields and a certain rebound in Tre...

Jul-28 , 2024

economy

Counteroffensive! $9 Trillion Bailout, Dollar Harvesting Fails? Amid Bankruptcy

The Japanese yen has weathered a year of turmoil, and now it seems that the storm has cleared, and the U.S. dollar's harvest against Japan appears to have failed.The Bank of Japan intervened in the ma...

Jul-22 , 2024

economy

Translation in English: The Chinese yuan plummets, breaking 6.82! Are foreign in

Yesterday, the Chinese yuan experienced a sudden and significant devaluation, breaking through the 6.82 level.This marks the lowest point in the past month, with the yuan hovering in the 6.7 range for...

Jul-19 , 2024

economy

Translation in English: The United States' strategic layout is complete! The Eur

Recently, the SWIFT organization released the latest statistics on payment share ratios.The United States remains in first place, with a share of 41.89%, but the pursuers are closing in, as the euro, ...

Jul-03 , 2024