Jerry Lin

Jerry Lin

The Latest

  • Wholesale Prices Surge in November, Adding Pressure on Federal Reserve Amid Inflation Concerns
    US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
    Wholesale prices rose more than expected in November, indicating persistent inflationary pressures despite ongoing efforts by the Federal Reserve to achieve its 2% target. The producer price index (PPI), which measures price changes at the producer level, increased by 0.4% for the month, exceeding the Dow Jones consensus estimate of 0.2%, according to a Thursday report from the Bureau of Labor Statistics (BLS).
  • China Prioritizes Fiscal Stimulus and Monetary Easing to Boost Growth
    President Xi Jinping
    China's leadership wrapped up its annual economic work conference this week, emphasizing plans to address economic challenges with proactive fiscal policies and moderately loose monetary approaches, according to reports from state-run CCTV. This strategic shift highlights Beijing's determination to stabilize growth amid domestic and global uncertainties.
  • China Considers Weaker Yuan in 2025 as Trade Risks Mount
    CHINESE YUAN
    China's yuan declined sharply this week following reports that Beijing is considering allowing the currency to weaken next year in response to anticipated trade tensions with the United States. The move signals that Chinese policymakers are preparing for the possibility of new economic headwinds as Donald Trump, who has vowed to impose steep tariffs on Chinese imports, prepares to return to the White House.
  • U.S. Inflation Edges Higher to 2.7% in November, Fed Rate Cuts on the Line
    US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
    Inflation showed signs of accelerating in November, with the consumer price index (CPI) climbing 2.7% over the past 12 months, up slightly from October's 2.6%, according to data released Wednesday by the Bureau of Labor Statistics. On a monthly basis, prices rose 0.3%, marking a quicker pace than October's 0.2% increase.
  • Oil Prices Jumps as Beijing’s Monetary Policy Fuels Demand Hopes; U.S. Weighs Tougher Russian Sanctions
    OIL
    Oil prices edged higher on Wednesday as hopes for increased demand from China and anticipation of key economic reports in the United States buoyed the market. Brent crude futures rose 1.04% to $72.94 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 1.09% to trade at $69.34. The optimism follows recent signals from Beijing that it will adopt an "appropriately loose" monetary policy in 2025 to spur economic growth.
  • China’s Exports Growth Slows to 6.7% in November, Imports Plunge Amid Weak Demand
    China Export
    China's trade surplus climbed to $97.4 billion in November, its largest in five months, despite slowing export growth and a steeper-than-expected decline in imports. The latest trade figures reflect challenges in sustaining momentum for the world's second-largest economy amid weak domestic demand and ongoing global trade tensions.
  • China Unveils Ambitious Fiscal and Monetary Plans for 2025 to Bolster Growth
    China will deepen reforms of loan prime lending rate - central bank official
    China's top leaders pledged on Monday to implement "more proactive" fiscal measures and adopt a "moderately loose" monetary policy in 2025, aiming to revitalize its economy amid domestic challenges and escalating tensions with the U.S. The announcements followed a key Politburo meeting, setting the stage for next year's economic agenda with a focus on stabilizing growth and boosting domestic consumption.
  • Oil Prices Rise Amid Middle East Turmoil and China’s Monetary Policy Shift
    OIL PRICE HIKE
    Oil prices climbed on Monday, buoyed by geopolitical tensions in the Middle East and signals of potential economic stimulus from China, though gains were tempered by ongoing concerns about weak demand from the world's largest crude importer.
  • China’s Inflation Hits Five-Month Low Amid Prolonged Slowdown Despite Stimulus Efforts
    China inflation
    China's consumer price index (CPI) rose by 0.2% in November from the previous year, marking its slowest pace in five months and undershooting analysts' expectations, according to data released Monday by the National Bureau of Statistics (NBS). The figure, down from a 0.3% increase in October, fell short of the 0.5% rise forecast by economists polled by Reuters, highlighting continued challenges in reviving domestic demand.
  • Crude Falls on Demand Doubts, Dollar Strength, and Delayed Output Hikes
    OIL
    Crude oil prices ended the week lower, weighed down by concerns over a potential supply surplus and persistently sluggish demand, even as the OPEC+ alliance delayed planned production increases and extended deep output cuts through late 2026. Brent crude futures slipped 1.1% on Friday to $71.32 per barrel, while U.S. West Texas Intermediate (WTI) crude declined 1.3% to $67.43 per barrel, leaving both benchmarks poised for weekly losses.
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