This Tuesday, the Spanish Public Treasury placed 5,231.93 million euros in short-term debt, in the expected medium-high range. On this occasion, the agency dependent on the Government (more specifically, the Ministry of Economy, Commerce and Business) has offered less profitability for both six-month and 12-month bills. Investors anticipate that the European Central Bank (ECB) will … Read more
Beijing. The People’s Bank of China said Wednesday it will accurately and effectively implement prudent monetary policy, pay more attention to countercyclical adjustments, and strive to expand domestic demand and boost confidence. China’s central bank will support banks to replenish capital and guide financial institutions to increase medium- and long-term lending to the manufacturing industry, … Read more
Japanese Money Set to Stay Offshore as Central Bank Approaches Tighter Policy Japanese Money Set to Stay Offshore as Central Bank Approaches Tighter Policy Survey Highlights Belief in Japanese Money Staying Offshore A recent Bloomberg Markets Live Pulse survey indicates that Japanese money is expected to stay offshore as the country’s central bank adopts a … Read more
Breaking News: Oil Prices Fluctuate as Traders Await Key Data Releases Breaking News Oil Prices Fluctuate as Traders Await Key Data Releases Market Observations Oil prices have erased earlier declines and stabilized near $82, as traders eagerly anticipate a slate of crucial data inputs that could potentially break the market from its recent state of … Read more
The Latest from Federal Reserve Chair Jerome Powell The Latest from Federal Reserve Chair Jerome Powell Powell to Emphasize No Rush to Cut Interest Rates Semiannual Testimony to Congress Federal Reserve Chair Jerome Powell is set to deliver his semiannual monetary policy testimony to both a House committee on Wednesday and a Senate panel on … Read more
In 2023, facing the complex domestic and international situation, our country’s economy achieved remarkable new results. Behind the achievements, macro-policy control has continued to increase. In 2023, my country’s RMB loans to the real economy will increase by more than 22 trillion yuan, and new tax cuts and fee reductions and tax rebates and fee … Read more
My wife and I are both retired. Right now we have an IRA worth over $800,000, which is intact, and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 remaining with an … Read more
House prices have reached a new all-time high and mortgage rates have started to fall – but that won’t yet be enough to revive the property market, according to an expert. Even as borrowing costs fall, keeping home buyers away, the “lock-in effect” of homeowners reluctant to sell and give up their current 3% or … Read more
US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more
Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more