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quoting note180x…sly8China's Exports and Imports Grow in April, US Overtakes China as Germany's Top Trading Partner
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#c17a466a ver:0.36
China's economy shows signs of recovery in April as exports grow 1.5% and imports increase 8.4%. However, analysts are uncertain if this bounce is sustainable. China's GDP grew 5.3% in Q1 2024, outpacing the US. Certain industries, such as electric vehicles and service robots, experienced significant growth. The US overtakes China as Germany's top trading partner. Chinese stocks rise, but concerns over a potential Chinese invasion of Taiwan and chip supply disruptions remain....
#newstr #China #Exports #Imports #Us #Germany #Trade #Economy #Stocks #RealEstate #Taiwan #Tsmc #Intel #BankOfEngland #Sabadell #Bbva #UsTreasuryBonds
https://here.news/story/c17a466a?ver=0.36
quoting note1f8r…emkcUS President Biden to Impose Tariffs on China's Electric Vehicles and Strategic Sectors
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#52f5979e ver:0.37
US President Biden plans to impose tariffs on China's electric vehicles and strategic sectors, including semiconductors and solar equipment, as part of his efforts to address unfair trade practices and protect American industries. The move could invite retaliation from China, but Biden aims to avoid a trade war. Chinese EV makers like XPeng, NIO, BYD, and Geely Automobile may be impacted, while US EV makers relying on China for battery technology could face challenges. Biden's approach to tariffs differs from Trump's. Full details of the tariffs are forthcoming. #TradeWar #Tariffs #China #ElectricVehicles...
#newstr #UschinaTradeTensions #Tariffs #ElectricVehicles #StrategicSectors #AmericanIndustries #ChineseEvStocks
https://here.news/story/52f5979e?ver=0.37
quoting note19zg…7xdgUS Dollar Retreats After Soft Jobs Data, Adding to Uncertainty
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#191fec04 ver:1.09
The US dollar retreats as soft jobs data adds to uncertainty, raising questions about the Federal Reserve's rate cut plans. The dollar loses ground to the euro and sterling, while the yen remains vulnerable. US Treasury yields slip, and market players await inflation data. The Sino-US trade dispute escalates with the addition of 37 Chinese entities to a trade restriction list. #USD #jobsdata #FederalReserve #inflation #SinoUStrade...
#newstr #UsDollar #JobsData #FederalReserve #Currencies #Market
https://here.news/story/191fec04?ver=1.09
quoting note1eyq…49p3US Economy Shows Resilience Despite Signs of Slowing Growth
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#4aa3e0f1 ver:0.43
Despite signs of slowing growth, the US economy remains resilient. Q1 GDP growth was 1.6%, down from the previous quarter, but consumer spending increased by 2.5% YoY and total retail sales rose by 4% YoY in March. The labor market is strong, with steady job gains and rising wages. However, inflation is a concern, with prices for services driving a 3.4% increase in the Personal Consumption Expenditures Price Index. The Federal Reserve is likely to delay a rate reduction due to high inflation, but overall, the US economy is expected to remain steady throughout the year. #US #economy #GDP #consumer #spending #retail #inflation #FederalReserve...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #RetailSales #LaborMarket #InterestRates
https://here.news/story/4aa3e0f1?ver=0.43
quoting note1gcx…vyh4Anglo American's South African Investors Defy Government Hostility to BHP Bid
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#77305be2 ver:0.21
Glencore considers bid for Anglo American, potentially sparking takeover battle with BHP. Bidding war could impact mining sector dynamics. Investors advised to monitor developments. #MandA #mining #investing...
#newstr #Bhp #AngloAmerican #SouthAfrica #MiningIndustry
https://here.news/story/77305be2?ver=0.21
quoting note1pcj…upejEuropean Companies Less Optimistic About China's Slowing Economy
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#d278664a ver:0.08
European companies are losing confidence in China's slowing economy, with only 42% considering expanding operations there, the lowest ever recorded. The survey also revealed ongoing concerns about regulations and practices favoring Chinese competitors, leading to nearly 40% of companies considering moving investments out of China. Southeast Asia and Europe are emerging as alternative investment destinations. Companies are seeking more reliable and transparent markets for their investments. #China #economy #investment #business...
#newstr #China #EuropeanCompanies #Economy #Investment #BusinessConfidence
https://here.news/story/d278664a?ver=0.08
quoting note10sp…xdpuBank of England Keeps Interest Rates at 5.25% as Inflation Falls
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#722a72e6 ver:0.15
The Bank of England keeps interest rates at 5.25% as UK inflation falls to 3.2%. The decision aligns with the wait-and-see approach of the US Federal Reserve and European Central Bank. Investors await clues on when the bank may start cutting rates, with expectations of rate cuts this summer. The Bank of England aims to reduce inflation further before considering a rate cut. #BankofEngland #interestrates #inflation...
#newstr #BankOfEngland #MonetaryPolicyCommittee #InterestRates #Inflation #EconomicAnalysis #UkEconomy #GdpGrowth #CostoflivingCrisis #UkHousePrices #DriverlessCars
https://here.news/story/722a72e6?ver=0.15