About: anakin

Recent Posts by anakin

HSBC views China’s evolving policies as supportive for increased investments in Chinese equities and technology

China’s policy changes boost tech, consumption, and private sector, supporting equities with attractive valuations and growth potential.

Amid geopolitical tension and trade tariff uncertainty, gold prices soared to a record high of $3,005

Gold hits $3,005 per ounce amid geopolitical tensions, rising demand, central bank purchases, and Federal Reserve focus.

Trump announces immediate authorisation for clean coal energy production amidst recent tariffs imposed by China

Trump seeks call with Putin, ends Hunter Biden’s protection, backs clean coal as China raises tariffs.

The People’s Bank of China established the USD/CNY reference rate at 7.1733, above previous levels

PBOC sets USD/CNY at 7.1733, adjusting policy for stability, growth, and managing China’s evolving private banking sector.

Analysts from Deutsche Bank noted that corrections often do not lead to recessions, only 44% do.

A 10% market correction led to a recession 44% of the time, while 56% avoided economic downturns.

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