A technician directs the hauling of a ship at a shipyard in Chongqing. [Photo by Rao Guojun/For China Daily] Orders for China”s rebounding shipbuilding industry reached the top place in the world in the past 11 months, surpassing its counterpart South Korea, according to an international industrial analysis agency. According to the data released by…
USD/CAD holds steady around 1.3800 in Tuesday’s early Asian session. Trump begins planning for a trilateral meeting with Putin and Zelenskyy. The possibility of a Fed cut in September stays at 83%. The USD/CAD pair extends its ongoing range-bound theme near 1.3800 during the early Asian session on Tuesday. Investors remain cautious as US President Donald Trump…
niphon/iStock via Getty Images By James Picerno Under “normal” conditions, the widening spread in Treasury yields in recent months might be viewed as a sign that the market’s pricing in healthy economic growth. In turn, that might be considered an opportunity to hold longer-term Source link
The world”s largest floating photovoltaic power station was connected to the grid and started generating power in Anhui province on Sunday, with the remaining capacity to be connected in May, said China Three Gorges Corp, the world’s largest hydropower producer. The company invested 1 billion yuan ($151 million) in the 150MW floating photovoltaic power station,…
Gold edges lower on Tuesday, easing from an intraday high of $3,345 as increased risk appetite and a firmer US Dollar weigh on sentiment. A stable US Dollar and slightly lower Treasury yields are offering mixed signals for Gold, limiting strong directional moves during the American session. Technically, XAU/USD is trading below the $3,330 threshold,…
YMAG: Extreme Yield ETF Based On Magnificent 7 Options Source link
China”s annual imports from the Yamal natural gas project in the resource-rich Arctic region will further secure China’s energy security with increasing supplies of the natural gas, which is currently experiencing a severe shortage especially in northern China, said an executive from China National Petroleum Corp. China’s imports from the Yamal project play a significant…
Gold gives up intraday gains after rebounding from a two-week low, as cautious market sentiment prevails ahead of the Trump–Zelenskyy meeting. The US Dollar holds firm, while rising Treasury yields add pressure on Gold, as equity markets trade near record highs and dampen demand for safe-haven assets. Mixed US economic data tempers rate cut optimism,…
The Market Got It Wrong On Archer Aviation Source link
GBP/USD eased lower on Monday, falling 0.4% to begin the trading week. Greenback bidding rebounds after last week’s sharp downside. A quiet start to the week gives way to plenty of meaningful releases and key policy statements. GBP/USD saw a softer start to the new trading week, easing back around four-tenths of one percent through…
