Posts by poweradmin

Key Takeaways “China’s official manufacturing PMI released by CFLP unexpectedly rebounded to expansion in Sep but the private sector Caixin manufacturing PMI which tracked smaller private companies fell deeper in contraction.” “The CFLP non-manufacturing PMI remained...

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October Starts but Fails to Ignite Crypto Prices The opening of the historically crypto boom month of October bore a stronger resemblance to the recent dreary days of September. Bitcoin was recently trading slightly above $19,200,...

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Limit Further Downward Movements After the August sell-off, U.S. stocks have begun to perk up in September (at least through Friday morning before the long weekend), although negative seasonal factors associated with the last month of summer...

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SDRs Will Be Credited To IMF Member Countries Washington, DC: The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion)...

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The Yen Fell To Its Lowest Level The yen continued to fall against the U.S dollar Thursday in Tokyo, hitting a fresh 24-year low at the ¥139 level, as as a stronger-than-expected U.S. consumer price...

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U.S. Treasury ratesn U.S. Treasury rates briefly moved up after the FOMC embraced a steeper path for interest rate increases, but then reverted lower during Powell’s press conference after he indicated that he doesn’t expect...

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Nation’s Public Pension Funds TOKYO (Reuters) - Japan’s government is set to urge the nation’s public pension funds - a pool of over $2 trillion - to increase their investment in equities and overseas assets...

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