China-Singapore Jingwei Client, June 15th. On Monday, Eastern Time, the three major US stock indexes closed mixed. The Dow fell slightly, and the Nasdaq and S&P 500 both rose and reached new closing highs.
Biden signed it! The US$1.9 trillion economic aid plan is about to land in the United States! This means that Americans can wait for money to fall from the sky again! As long as the Federal Reserve activates the printing press, $1.9 trillion will be printed quickly. Then, under the distribution of the Biden administration, all the money will be distributed to the pockets of American companies and the American people. They don’t need to pay any labor, just start the printing press, they can get 1.
The first military author:GE executive who”while you are sick to your life”, a practice usually occurs between the extreme hatred of opponents, real friends do not even provide a temporary relief, but also generally do not do this kind of adding insult to injury action. However, the European Union, which has always been regarded as a”loyal ally” by the United States, suddenly decided to attack the United States at the time when Trump and Biden transferred power.
Since China opened its market, more and more people have followed the United States, and the United States has become popular in spending future money to realize today’s dreams. The United States does the same thing. Although the United States claims to be the world’s largest economy, it has long been a pillar of debt. China alone holds trillions of U.S. debt. Of course, some people have to ask what if the U.S. fails to repay the debt? China’s answer is simple, the United States dare not. First of all, the United States prides itself on being the world’s largest power.
China-Singapore Jingwei Client, December 31. On Wednesday, Eastern Time, the three major US stock indexes closed up slightly. The Dow Jones Industrial Average closed up 0.24%, continuing to hit a new closing high. The Nasdaq rose 0.15% and the S&P 500 index rose 0.13%.
China-Singapore Jingwei Client, December 8th (Song Yafen) On December 5th, the offshore renminbi against the US dollar hit a new high in nearly two and a half years. In the past six months, the offshore renminbi has risen 9.6% from the May low. As the U.S. dollar continues to weaken and the renminbi rises, should the Chinese people exchange some U.S. dollars for future use? From an investment point of view, should Chinese investors invest in US dollars?
The latest development of the matter is that the latest data from SWIFT shows that the euro became the highest currency for global payment transactions in October, surpassing the dollar for the first time since 2013.
For the English version, see the report”The Dollar Is Slipping Against the Yuan. What That Means for Stocks.” on November 18, 2020.
Xinhua News Agency, Chicago, November 18. The most active December gold futures price on the New York Mercantile Exchange’s gold futures market fell 11.2 US dollars on the 18th from the previous trading day to close at 1873.9 US dollars per ounce, a decrease of 0.59%.