Shanghai reports more symptomatic COVID cases as more lockdowns imposed
China’s financial centre Shanghai reported a new record number of symptomatic COVID-19 cases on Saturday as the country imposed new lockdowns, underscoring its “dynamic clearance” approach to COVID control. The
Macron faces a tough fight as France votes on Sunday
PARIS (Reuters) -Voting was under way in France on Sunday in the first round of a presidential election, with far-right candidate Marine Le Pen posing an unexpected threat to President
Growth in Germany to fall to 1.5%, labour minister warns – Bild am Sonntag
BERLIN (Reuters) – Germany’s economic growth could fall to 1.4%-1.5% this year, from 2.7% in 2021, with an average of around 590,000 people on reduced-hours lay-off schemes over the course
Benchmark Treasury yield hits 3-yr high; US dollar posts weekly gain
The U.S. Treasury 10-year yield hit a three-year high above 2.7% on Friday while the U.S. dollar index posted its largest weekly percentage gain in a month, helped by the
Profit taking and Bitcoin consolidation give bears an opportunity to take control
The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between March 28 and April 4 was a mere
Japan’s central bank will be ‘alarmed’ if yen crosses 130 per dollar, says ex-vice minister
The Bank of Japan will be “alarmed” if the yen weakens beyond 130 per dollar, according to Japan’s former vice minister of finance for international affairs, Eisuke Sakakibara. The yen
Caixin China General Services PMI – Services activity drops in March as virus containment measures tighten
The recent rise in COVID-19 cases in China and restrictions to limit the spread of the virus led to a marked drop in service sector activity at the end of
K.C. Fed’s George: Balance sheet debate needs to account for bond inversion risk
(Reuters) – The brief inversion of the U.S. bond yield curve on Tuesday is a cautionary sign for the Federal Reserve that may need to be factored into coming debates China March PMIs – Manufacturing 49.5 & Services 48.4
I posted earlier today on that ‘expected’ for services. Given the manufacturing PMI had been marked down on the surge in COVID-19 Covid-19 Covid-19 or the novel Coronavirus is a