Tag Archives: China
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Week ahead: Heightened volatility despite stable Fed rates
While maintaining its cautious approach to monetary policy, the Fed has signaled the possibility of a rate cut as early as September if inflation continues to ease.
Copper prices slide on China demand concerns
Copper prices fell low as physical demand in China weakens. Some market optimism remained due to the prospect of infrastructure and renewable energy investments.
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts
The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.
Tesla Expands Full Self-Driving Technology to China
Over the weekend, Tesla CEO Elon Musk announced that Tesla’s advanced driver-assistance system, Full Self Driving (FSD), has been cleared for sale in China, prompting a 15% surge in Tesla’s stock on Monday. This move marks a significant expansion for Tesla into the Chinese market, which is already a major hub for electric vehicle (EV)Continue Reading
