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Sep, 24 2024
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Offshore Yuan Falls Below 7.3 as Yen Hits New Low
On June 26, at approximately 18:15 Beijing time, the offshore RMB breached the 7.3 mark against the US dollar, marking a new low not seen since November last year. The weakening of the yuan has been a...
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145
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Lithium Prices Near $90K; Stocks Dip After Brief Rally
The lithium mining industry, once experiencing a brief period of exuberance akin to a fleeting tourist visit, has plunged into a wave of setbacks and readjustments. As of June 27, 2023, the market has...
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Treasury Yield Dips Below 2.5% in Asset Drought
In recent developments within the financial markets, the yield on 50-year government bonds has dipped below 2.5%, signaling a notable shift in the dynamics of the bond market. As market participants g...
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Vietnam's H1 Growth at 6.42%: Recovery in Sight?
The recent data released by the General Statistics Office of Vietnam presents a positive picture of the country’s economic performance in the first half of 2024, with the Gross Domestic Product (GDP) ...
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U.S. Edge of Bankruptcy: $3T Debt Burden
As the fiscal year 2024 comes to a close, the financial landscape of the United States reveals alarming truths. The staggering federal budget deficit, which reached an eye-watering $1.83 trillion, has...
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Sep, 3 2024
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Nvidia Drags US Bull Market to Brink
As we navigate through the fluctuating landscape of the financial markets, particularly the U.S. stock market, concerns have emerged regarding its resilience. Since the beginning of the year, many ana...
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