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China's moves away from US dollar hit new milestone
Newsweek· 4 days agoTreasury data, continuing what many economists believe is a strategic shift away from dollar assets. In the first three months of 2024, China sold $53.3...
China's US bond shifts put dollar under geopolitical spotlight
Reuters· 17 hours agoAs the trade war between the United States and China escalates, China is shrinking its holdings of U.S. bonds. The latest official U.S. capital flows data show that China' ...
China ramps up de-dollarization efforts by dumping a record amount of US bonds
Business Insider via Yahoo Finance· 5 hours agoThe country is piling into gold, which now makes up the highest share of its reserves since 2015....
Asian markets mixed ahead of Nvidia results, Fed minutes
AFP via Yahoo Finance· 9 minutes agoAsian markets were mixed and European stocks fell Wednesday as investors struggled to revive a...
China’s Capital Outflow Surges to Highest Since 2016 in April
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- China’s capital outflows worsened in April, underscoring headwinds for the yuan amid...
China’s Retail Sales rises 2.3% YoY in April, Industrial Production up 6.7%
The Forex Market· 5 days agoChina’s Retail Sales rose 2.3% YoY in April from 3.1% in March, worse than the 3.8% expected. The...
Dollar decline pauses, markets eye April core PCE data By Investing.com
Investing.com· 5 days agoThe US dollar's recent downtrend halted, aligning with forecasts by financial institution ING....
Dollar stabilizes after sharp CPI-induced fall; euro hands back some gains
Investing.com· 6 days agoThe dollar remains on the back foot after the latest U.S. inflation data raised expectations the...
Gold at All-Time High on Geopolitical Uncertainty; Euro Rebounds as Dollar Weakens | Investing.com
Investing.com· 2 days agoThe gold (XAU) price surged by more than 1.6% on Friday after China announced measures to stimulate...
Central Chinese province Hunan to play big role in helping boost African farming and industrial...
South China Morning Post via Yahoo Finance· 6 days agoChina's central Hunan province is moving to invest millions of dollars to boost agricultural and...