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Market Talk – June 14, 2021 | Armstrong Economics - Vimarsana News

Market Talk – June 14, 2021 | Armstrong Economics

Spread the love ASIA: China has accused the G7 of “political manipulation” after it criticized Beijing over a range of issues. In a joint statement at the end of a three-day summit, leaders of the G7 countries urged China to “respect human rights and fundamental freedoms.” Experts generally agree that China has detained as many as a million Uyghurs and other Muslims and imprisoned hundreds of thousands more in its crackdown in Xinjiang, which began in 2017. There have been widespread reports of physical and psychological torture inside prisons and detention camps in the region. China ...

Market Talk – May 17, 2021 | Armstrong Economics - Vimarsana News

Market Talk – May 17, 2021 | Armstrong Economics

Spread the love ASIA: China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. Factory output grew 9.8% in April from a year ago, in line with forecasts but slower than the 14.1% surge in March, National Bureau of Statistics data showed on Monday. Retail sales, meanwhile, rose 17.7%, much weaker than a forecast 24.9% uptick and the 34.2% surge in March. In the factory sector, motor vehicle production growth fell sharply to 6.8% from 69.8%, due i...

Europe has overtaken US as China's top trading partner - Vimarsana News

Europe has overtaken US as China's top trading partner

2/16/2021 6:31:00 AM GMT Asia China’s textile and clothing manufacturing suffered losses last year as US consumers and businesses moved away from Chinese labor. The apparel market in the US dropped -23% in 2020, marking a ten-year low. Asian competitors such as Bangladesh, India, Vietnam, and Cambodia saw a 42% rise in this sector last year as suppliers look to move beyond China. The US still has restrictions placed on cotton products produced in the Xinjiang Uygur region due to the clothing allegedly being made with forced labor, causing cotton-related imports to the US to drop by nearly -...

Market Talk – February 16, 2021 | Armstrong Economics - Vimarsana News

Market Talk – February 16, 2021 | Armstrong Economics

Spread the love ASIA: China’s textile and clothing manufacturing suffered losses last year as US consumers and businesses moved away from Chinese labor. The apparel market in the US dropped -23% in 2020, marking a ten-year low. Asian competitors such as Bangladesh, India, Vietnam, and Cambodia saw a 42% rise in this sector last year as suppliers look to move beyond China. The US still has restrictions placed on cotton products produced in the Xinjiang Uygur region due to the clothing allegedly being made with forced labor, causing cotton-related imports to the US to drop by nearly -40%. A S...

America's Roundup: Dollar on back foot as market optimism lifts riskier currencies, Gold eases, Oil up on Middle East tensions-February 16th,2021 - Vimarsana News

America's Roundup: Dollar on back foot as market optimism lifts riskier currencies, Gold eases, Oil up on Middle East tensions-February 16th,2021

©Elmin Media . All Rights Reserved. America’s Roundup: Dollar on back foot as market optimism lifts riskier currencies, Gold eases, Oil up on Middle East tensions-February 16th,2021 Monday, February 15, 2021 8:46 PM UTC Market Roundup • French 12-Month BTF Auction -0.637% , -0.642% previous • French 3-Month BTF Auction -0.642%, -0.643% previous • French 6-Month BTF Auction -0.635% ,-0.635% previous Looking Ahead - Economic Data (GMT) •21:45 New Zealand Dec Permanent/Long-Term Migration  672 previous •21:45 New ...