Yearly Archives: 2023
How Much Can I Invest in Mutual Funds?
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Mutual funds are popular investment vehicles that offer individuals the opportunity to invest in a diversified portfolio of securities managed by professional fund managers....
CBOT wheat fell on July 7, and the benchmark period closed down by about 2.40%
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July 7th, according to media reports, the Chicago Board of Trade (CBOT) soft red winter wheat futures market closed down on Thursday, of which...
What is the Difference Between Brent Oil and Crude Oil?
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When discussing the global oil market, two terms often come up: Brent oil and crude oil. These terms refer to different types of oil...
Guan Tao: It is necessary to prevent “linear unilateral thinking” in the foreign exchange market
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On July 7th, Guan Tao, the global chief economist of Bank of China Securities, said that the RMB exchange rate is supported in the...
The probability of the Fed raising interest rates by 25 basis points in July is 91.8%
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According to CME "Fed Watch": the probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 8.2%, and the probability...
List of daily global central bank dynamics on July 7
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1. The central bank of Uruguay lowered the benchmark interest rate to 10.75%. 2. Bank Negara Malaysia kept the overnight policy rate at 3%. 3. The...
Review of the global stock market trend on the next day of July 7
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Review of the global stock market trend on the next day of July 7 Asian stocks 1. On July 6 (Thursday), China’s Shanghai Composite Index closed...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 7, 2023
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USD/RMB was at 7.2054, down 44 points (RMB appreciation); EUR/RMB was at 7.8869, up 228 points; HKD/RMB reported at 0.92095, down 11.3 points; GBP/RMB reported...
On July 7, China’s first “digital renminbi + TIPS customs real-time tax deduction” business was launched
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On July 7th, recently, relying on the real-time customs tax deduction function of the Treasury Information Processing System (TIPS), Huaxian Optoelectronics Technology (Huizhou) Co.,...
Daily digital currency dynamic summary on July 7
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1. The digital asset registration platform of Beijing Data Institute was released, and Rainbow Universe, Shuyuan, Lingjing, etc. became the first batch of distribution...
U.S. stocks collectively closed down on July 7, with the Dow down more than 1%
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Global stock indexes weakened on Thursday, and U.S. stocks continued to decline throughout the day. The Dow initially closed down about 360 points or...
How high will rates go in 2023?
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Interest rates play a significant role in the economy, affecting borrowing costs, investment decisions, and overall financial conditions. As we look ahead to 2023,...
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