Page 14 - Lean Hogs News Today

Following Market talk: The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020ANALYSIS | 2/3/2021 5:48:52 AM GMT ASIA China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back o...

AUDUSD increased 0.00283 or 0.37% to 0.77415. NZDUSD increased 0.00375 or 0.52% to 0.72358. USDJPY decreased 0.09 or -0.08% to 103.67. USDCNY decreased 0.01091 or -0.17% to 6.47604. Precious Metals Silver increased 0.17 USD/t. oz or 0.67% to 25.469. Some economic news from last night Japan： South Korea: GDP (QoQ) (Q4) decreased from 2.1% to 1.1%. Some economic news from today Hong Kong: Imports (MoM) (Dec) increased from 5.1% to 14.1%. Trade Balance decreased from -25.6B to -45.7B. Japan: Sin...

Spread the love ASIA: Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire. The billionaire met 100 rural teachers in China via a video meeting on Wednesday, according to local government media. The Chinese government slapped sanctions on former Secretary of State Mike Pompeo, former National Security Adviser Robert O’Brien and former trade adviser Peter Navarro, along with other members of the Trump administration Wednesday....

Spread the love ASIA: China posted its biggest daily jump in COVID-19 cases in more than five months on Wednesday, stepping up containment measures that have seen four cities put under lockdown, as the world’s second-biggest economy scrambles to head off a new wave of infections. Most of the new cases were reported near the capital, Beijing, but a province in the far northeast also saw a rise in infections, official data showed, amid a resurgence that has seen more than 28 million people put ...

Spread the love NOTE: We wish our readers a happy and healthy holiday season. Due to decreased market activity, and some well deserved time off, we will suspend Market Talk until January 4, 2021. Thank you for your continued support. We look forward to providing you with Market Talk blog postings again in the new year! ASIA: China should avoid a “premature” exit from its economic support policies given the “precarious” global outlook next year, according to the World Bank. “A prematur...

Spread the love ASIA: The US Congress has officially passed the USD 740 billion defense policy bill, which among other things, included calling out Chinese aggression against India along the Line of Actual Control (LAC). The US House of Representatives and the Senate on Tuesday passed the National Defense Authorization Act (NDAA), which included key components of Indian-American Congressman Raja Krishnamoorthy’s resolution language urging the Chinese government to end its military aggression ...