No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
China's National Development and Reform Commission (NDRC) approved eight investment projects aimed at the country's capital stock in October. Their cost is expected to be 9 billion yuan ($1.27 billion), committee spokesman Meng Wei said in a press release on Wednesday.
As more Federal Reserve officials point to a slowdown in interest rates and traders suggest that peak rates might be close, the US dollar is beginning to weaken.
According to the Morgan Stanley forecast, the dollar reaching its peak will lead to a decline in the currency in 2023, along with Treasury yields on expectations of slowing inflation.
Cryptocurrencies were seen rising on Tuesday as investors then awaited more details regarding the industry's recovery fund from Binance Holdings Ltd CEO Changpeng "CZ" Zhao.
US officials had little hope of reaching any kind of noticeable success before the meeting Joe Biden and Xi Jinping had in Bali on Monday evening.
The People's Bank of China (PBOC) on Tuesday extended the maturity of medium-term loans and also kept their interest rate unchanged. The interest rate has remained the same for three months. Probably, officials suggested that the yuan could weaken further with a looser monetary policy.
Amazon plans to carry out wide-reaching firings of about 10,000 workers this week, as reported by the New York Times, citing unnamed sources.
In the recent turmoil in the cryptocurrency market, the Federal Reserve’s top Banking Regulator sees a warning for the financial system as a whole.
According to a statement made by President of The Swiss National Bank Thomas Jordan, there’s a high possibility of another rate hike in December.
Tax and spending information is expected on Thursday. British pensioners got the clearest hint from Prime Minister Rishi Sunak that he will stand up to protect them