On September 18th, there were 990 new Covid-19 cases, with 147 symptomatic and 843 asymptomatic, according to data from the National Health Commission released Monday. By comparison, that was down from the 1,189 new cases […]
Investor’s attention will now turn to the next FOMC meeting September 20-21, where the Federal Reserve will decide the size of the next hike to the Fed funds rate. Officials are expected to produce a […]
On Monday, oil prices climbed during early Asian trading, as the dollar weakened and supply concerns grew over the European Union embargo on Russian oil which is due to begin in December. The supply worries […]
The net worth of Canada’s households dropped by almost $1 trillion Canadian dollars ($775 billion) in the second quarter, according to data from Statistics Canada. According to the report, household net worth had not dropped […]
14-day reverse-repo borrowing costs were lowered on Monday by China’s central bank as it increased cash injections in an effort to counter higher demand towards the quarter end. 2 billion yuan ($286.54 million) was injected […]
Oil suffered its third weekly loss on Friday as growing indications of a possible global recession battered the commodity, overshadowing any supply-risk concerns. US benchmark West Texas Intermediate futures landed at $85.11, a 1.9% decline […]
On Friday the price of gold plunged to the lowest price since April of 2020, as an aggressive Federal Reserve frightened investors away from non-return bearing investments. Spot gold prices dropped to $1,670 per ounce […]
Rising lithium prices are the latest challenge to face the electric vehicle industry. Lithium carbonate has just risen to a new high price of 500,500 yuan, or $71,315, per ton in China, according to new […]
Industrial output in China grew 4.2% in August year over year, an improvement from the 3.8% growth in July, according to official data released on Friday. It indicates that despite the recent return to Covid […]
US stocks fell amid back and forth trading Thursday as investors processed corporate headlines. The S&P 500 fell 1.1%, the Dow Jones Industrial Average dropped 170 points to fall 0.6%, and the Nasdaq dropped 1.5%. […]
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