Tag Archives: ASIA

Rising treasury yields continued to make the biggest effect on the market last week, amid expectations for a surge inflation due to the increased government stimulus and monetary easing policies. Treasury yields in the United States rose last week to their highest level in about a year, with the benchmark …

Weekly Recap: February 15-19, 2021 Global markets continued to be dominated by reflation expectations last week. In addition, various economic data and indicators reflected variably on the outlook for economic growth and recovery from the impact of the Coronavirus pandemic. Expectations for a rise in inflation in the United States …

Last week saw the impeachment trial of former United States President Donald Trump takes place at the Senate on the charge of inciting an insurrection after his followers stormed the Capitol on January 6. Over the weekend, Trump was acquitted in his second impeachment trial, as once again not enough …

The last week of January witnessed the first policy meeting for the United States Federal Reserve in 2021, one week following that of the European Central Bank (ECB). The Federal Open Market Committee (FOMC) decided to maintain interest rates and the pace of the asset-purchase program both unchanged following a …

The highlight of the week was the inauguration of Joe Biden as the 46th President of the United States. Biden is promising to better handle the Coronavirus crisis in the U.S. through a new plan for distributing vaccines, as well as increased stimulus to help businesses and households alike cope …

Government data revealed today, Wednesday, that Saudi Arabia overtook Russia to maintain its position as the largest supplier of crude oil to China in 2020. China, the world’s largest oil importer, bought 542.4 million tons of crude oil in 2020, or 10.85 million barrels per day, which is an increase …

The consumer price index increased in KSA by 5.3% in December 2020 compared to the same month last year in December 2019, which is lower than the inflation rate for the previous month, November 2020. This price development is largely due to the increase in value-added tax from 5% to …

The year 2020 is over, and many hopes that the pandemic will end as well, but the economic impact of the Corona pandemic continues with the lockdowns in most major economies, the path back to pre-pandemic levels is an unpaved road. The greenback is showing some stability with hopes for …

Asian stocks swung between gains and losses during the early hours of the last trading day of 2020. While Chinese stocks benefit from improved Manfuctring activity numbers in December and coronavirus vaccine news. The MSCI Asia Pacific Index of stocks outside Japan rose 0.43%. The Australian ASX 200 is down …

Asian stocks rose despite weak trading volumes due to year-end holidays on Monday. The rise came thanks to US President Donald Trump’s signature of the coronavirus aid package. The MSCI Asia Pacific Index outside of Japan rose 0.40%, while the Japanese Nikkei 225 index gained 0.60% early Monday. US President …