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Buy ‘Em… [DIRTY DOZEN]
Forex Speculators Weaken Commodity Currency Sentiment Over Last Month
Article By:
Zachary Storella
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Monday, May 23, 2022 7:00 AM EDT
Highlighting the COT currency data was the commodity currency speculator positions that have been on the defensive in recent weeks. Canadian dollar positions declined for a fourth straight week this week.
Crude Oil Bumps Up As US Dollar Sinks On Yield Slip
Sensex Trades Higher Even As Metal Stocks Bleed; Tata Steel & JSW Steel Fall 12%
Article By:
Equitymaster India
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Monday, May 23, 2022 3:49 AM EDT
Asian share markets are lower today as persistent worries about inflation and rising interest rates dogged the global economic outlook and fresh selling in technology stocks weighed on Chinese markets.
Singapore: April Inflation Heats Up But Still Slips Below Expectations
Article By:
ING Economics
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Monday, May 23, 2022 3:06 AM EDT
April headline inflation was steady at 5.4% while core inflation heated up to 3.3%
U.S. Automakers Forced To Hike Prices Due To Rising Raw Material Costs
Article By:
Tyler Durden
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Sunday, May 22, 2022 6:20 PM EDT
It looks like price hikes as a result of rising costs in the auto industry are starting to become widespread. Companies like Tesla, Cadillac, and Rivian are now amongst the automakers who are raising prices.
Tianqi Lithium Partners With WeLion To Expand Into The Anode Material Market
Article By:
EqualOcean
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Sunday, May 22, 2022 5:20 PM EDT
Tianqi Lithium announced its new collaboration with WeLion New Energy Technology, a company focused on the research and development of hybrid solid-liquid electrolyte rechargeable lithium batteries and all-solid-state rechargeable lithium batteries.
In this article: 002466.SZ
Weekly Forex Forecast - Sunday, May 22
Article By:
Christopher Lewis
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Sunday, May 22, 2022 1:00 PM EDT
The Australian dollar had a positive week, but it is still very much in a downtrend. The market is seeing it just above the 0.70 level. I think at this point you have to look at any short-term rally as a potential selling opportunity.
Gold Price Rebound May Fail As Top Central Bankers Sound Off
Article By:
Ilya Spivak
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Sunday, May 22, 2022 3:16 AM EDT
Gold prices snapped a four-week losing trend, managing to close on a high note after touching the lowest level since January.
In this article: GLD
Xiaomi Poured CNY425 Million To Fuel Car Manufacturing Services In Q1 2022
Article By:
EqualOcean
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Saturday, May 21, 2022 4:59 PM EDT
Disclosed by the Chinese car manufacturer Xiaomi in its Q1 2022 statement, the company inputted CNY425 million in producing vehicles. The company is expected to achieve mass production by 2024.
Cross Country Core CPI Trends
Article By:
Menzie Chinn
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Saturday, May 21, 2022 4:00 PM EDT
Core CPI has accelerated in many countries. Let's take a closer look at the numbers and compare.
RLX Technology’s Net Profit Fell By 41.1% Year-Over-Year
Article By:
EqualOcean
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Saturday, May 21, 2022 2:40 PM EDT
RLX Technology announced its unaudited financial report for Q1 2022. RLX Technology reported net revenue of CNY 1.71 billion, down 28.5% year-over-year. Government regulations and COVID-19 cases were restricting RLX Technology’s development.
Week In Review: Hengrui Launches US Subsidiary To Bring Novel Medicines To Global Markets
Article By:
ChinaBio® Today
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Saturday, May 21, 2022 1:20 PM EDT
Hengrui Pharma launched a new company, Luzsana Biotechnology, which is devoted to making the most advanced medications available and affordable. Meanwhile, Sichuan Kelun Pharmaceutical out-licensed global rights for a molecule candidate to Merck.
Asia Week Ahead: Central Bank Policy Meetings The Highlight Next Week
Article By:
ING Economics
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Saturday, May 21, 2022 5:22 AM EDT
Bank of Korea and Bank Indonesia meet next week while Singapore reports on inflation.