Category: china

Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation

MrCrypto

Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday. Japan’s benchmark Nikkei 225 index edged up 0.1% to 22,012.72. The Topix index, which […] The post Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation appeared first on CCN.com

Read More

Chinese Stocks Tumble After Disastrous Industrial Production Data

MrCrypto

Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300 Index declined by as much as 0.5% at the start of the new […] The post Chinese Stocks Tumble After Disastrous Industrial Production Data appeared first on CCN.com

Read More

Stock Market Futures Surge as Trump Gets Positive on China

MrCrypto

By CCN Markets: In response to the struggling stock market, Donald Trump’s Twitter feed was awash with positive talk about the trade war and progress with China on Sunday. A more upbeat Trump could be precisely what the doctor ordered for bruised markets, putting the wind at the S&P 500’s back next week. U.S. stock […] The post Stock Market Futures Surge as Trump Gets Positive on China appeared first on CCN Markets

Read More

Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

MrCrypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are […] The post Study Exposes How Russia, Iran, & China Are Weaponizing Crypto appeared first on CCN Markets

Read More

China’s Baidu Search Trends Collide with Bitcoin’s May Bull Run

MrCrypto

By CCN: China may have cracked down on cryptocurrency companies, but that’s not stopping the local population from pursuing bitcoin as an investment. Economist and trader Alex Kruger did the research and found that there may be some truth to the theory that China fueled much of the gains in the BTC price last month. June hasn’t been so kind, at least so far, with the bitcoin price down more than 7% in the last 24 hours. In May, however, bitcoin was a rock star as its value expanded by…

Read More

Egyptian Billionaire Naguib Sawiris Defends Trump’s Trade War, Blasts China for ‘Raping Us’

MrCrypto

In what is bound to be pleasing to the ears of U.S. President Donald Trump, Egyptian billionaire Naguib Sawiris has sided with the hardline stance that the leader of the world’s largest economy has taken amid the ongoing U.S.-China trade war. Speaking with CNBC, Sawiris agreed with Trump’s well-known sentiment that China has been taking advantage of the United States and other countries. “President Trump is right about that: This has been a long time where we closed eyes on China raping us.” Sawiris has expressed his fondness for Trump…

Read More

China Injects Record $83 Billion to Counter Economic Decline

MrCrypto

China’s economy is facing some of its toughest challenges in years. On Wednesday, a day after several Chinese government institutions vowed further stimulus to aid its financial sector, the People’s Bank Of China injected a net $83 billion (560 billion yuan) into open market operations via reverse repo operations — to counter its declining economy. The post China Injects Record $83 Billion to Counter Economic Decline appeared first on CCN

Read More

Dow Eyes Shaky Monday as US-China Trade Talks Ramp up

MrCrypto

Dow Jones Industrial Average futures mostly traded sideways on Monday morning, as the US stock market waited to see whether renewed negotiations between the world’s two largest economies would bring an end to the US-China trade war. Dow, S&P 500 Teeter as World’s Largest Economies Meet for Trade Talks At 8:19 am ET, Dow futures The post Dow Eyes Shaky Monday as US-China Trade Talks Ramp up appeared first on CCN

Read More