The Chinese government is hoping to use the Olympic games to highlight the digital yuan's global clout less than a month before the event kicks off and with the event already dogged by diplomatic boycotts and the threat of virus outbreaks. Read more.
The Caixin China Manufacturing Purchasing Managers Index rose above forecasts in December. Will the НК50 quotes continue to rise? Read more.
The National Bureau of Statistics of China reported an increase in grain production in 2021 to 683 million tons. This is 2% more than in 2020. Wheat production in China increased by almost 4% to 136.9 million tons. Read more.
The US Federal Trade Commission (FTC) is suing to prevent the $40 billion acquisition of British chip designer Arm Holdings by American Nvidia. Read more.
It has been called "the most scrutinised transport plane in history," but some critics believe Boeing's 737 Max is still not safe. Read more.
Recent Hong Kong economic data in the last couple of weeks were mixed. Trade deficit narrowed in October while retail sales growth slowed in September, and Hong Kong private sector activity expansion slowed in October. Read more.
The National Bureau of Statistics reported Monday that retail sales in China increased more than expected in October, despite sluggish fixed asset investment. Read more.
Chinese e-commerce giant JD.com has turned over 311.4 billion yuan ($48.6 billion) across its platforms as of 2:09 p.m. Beijing time, breaking its record set last year. Read more.
The technical analysis of the COPPER price chart in daily timeframe shows #C-COPPER,Daily has reflected off the 200-day moving average MA(200) which is rising.
As the market grappled with a stronger dollar and concerns about rising U.S. inflation, oil prices ended slightly higher on Thursday. OPEC also cut its 2021 oil demand forecast due to high prices. Read more.
On the daily timeframe, SOYBM: D1 broke up the downtrend resistance line. A number of technical analysis indicators formed signals for further growth. Read more.
The price of crude oil plunged on the first trading session of the week as China released gasoline and diesel reserves, easing concerns over a tight supply, while investors cashed in ahead of the November 4 meeting of major crude producers that could raise production targets. Read more.
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