Today’s Trading Outlook
New Zealand central bank rate decision
U.S. trade balance in February
U.S. ADP small non-agricultural new employment in March, ISM non-manufacturing index
WSJ: China’s New Weapon Against the U.S. Slows Approval of Acquisitions of U.S. Companies
The “Wall Street Journal” reported on Tuesday (4th) that China’s State Administration for Market Regulation (SAMR) is slowing down the approval process for acquisitions of US companies in response to the US’s ban on chip exports to China. Read more…
The case of UBS and Credit Suisse was temporarily approved by the European Union, and the Bank of England also gave the green light
The merger between UBS (UBS) and Credit Suisse (Credit Suisse) was temporarily approved by the EU antitrust agency on Tuesday (4th). At the same time, the Bank of England (BOE) has also approved the acquisition of Credit Suisse by UBS. UK business. Read more…
The BRICS countries are preparing to announce a new currency plan in August to challenge the status of the US dollar
blockchain media Bitcoin.com and Indian media recently reported that Alexander Babakov, deputy chairman of the Russian State Duma (the House of Commons), declared that the BRICS countries (Brazil, Russia, India, China, South Africa) are discussing the creation of some kind of BRICS currency, which may be some kind ofdigital currency, scheduled to be discussed at the BRICS summit in August. Read more…
The number of JOLTS job vacancies in the United States in February fell below 10 million for the first time in nearly two years, far below expectations
The number of U.S. job vacancies fell below 10 million for the first time in nearly two years in February, suggesting the Fed’s efforts to slow the labor market are indeed having some impact. Read more…
