Fed Chair Powell speaking Sunday evening US time, Globex & Asia FX markets will be on edge
I posted this on Friday but ICYMI, Federal Reserve Chair Powell recorded an interview on Thursday with US TV show 60 minutes. He was questioned on inflation risks and the…
Read More »Tesla sends Shanghai boss and aides to jumpstart US output
Original source: https://www.investing.com/news/stock-market-news/tesla-sends-shanghai-boss-and-aides-to-jumpstart-us-output-2968865
Read More »Louis Vuitton picks Shanghai for first furniture and homewares store
Original source: https://www.investing.com/news/stock-market-news/louis-vuitton-picks-shanghai-for-first-furniture-and-homewares-store-2951841
Read More »China COVID update. Beijing further relaxes curbs, Shanghai declare victory … but …
Beijing will reopen primary and secondary schools for in-person classes. Senior and middle high schools were allowed to return to classrooms from June 2, now all are reopening. Beijing shut…
Read More »Another district in Shanghai to be locked down – for mass COVID testing
Minhang District is a suburban district of Shanghai. the entire district is to enter lockdown. Mass testing of people to begin from Saturday. While cases have been found outside quarantine…
Read More »Newsquawk Week Ahead Preview: Highlights include US CPI, China CPI, ECB, RBA
MON: Chinese Services PMI Final (May).TUE: RBA Announcement; EZ Sentix (Jun); EIA STEO.WED: RBI Announcement; NBP Announcement; Japanese GDP Final (Q1); EZ Employment Final (Q1) and GDP (Q1 Revisions).THU: ECB…
Read More »China coronavirus – Shanghai reports Covid-19 case outside quarantine area
Via Singapore’s Straits Times: China’s financial hub, Shanghai, reported another Covid-19 infection outside quarantine Shanghai logged a total of 170 infections for Friday (May 27), one of which was found…
Read More »Car sales in China up 27% m/m in the first half of May
I posted this earlier this week: In Shanghai not a single car was sold in April (Shanghai Automobile Sales Association) Following up now with a little more encouraging news, via…
Read More »Shanghai sets out plans for end of a painful Covid-19 lockdown
There are reports that Shanghai adds no new covid cases outside quarantine for the third day which is underpinning risk appetite. However, Shanghai ha
Read More »2000 members of China’s People Liberation Army sent to Shanghai to assist with COVID-19
Chinese media reportShanghai has just reported its largest ever one day case countChina COVID-19 – Shanghai reports a record high number of casesEarlier from China today:Senior China Communist Party official…
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