Jerry Lin
The Latest
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Fitch Warns of Potential Labor Oversupply Despite Immigrant Influx Solves Labor Shortage Puzzle, Boosts US Economy
The United States' labor market continues to defy expectations, with March delivering another impressive jobs report despite the Federal Reserve's aggressive interest rate hikes aimed at curbing inflation. A key factor driving this labor expansion, according to a report by Fitch Ratings released on Thursday, is the surge of foreign-born workers entering the US workforce. 
The United States' labor market continues to defy expectations, with March delivering another impressive jobs report despite the Federal Reserve's aggressive interest rate hikes aimed at curbing inflation. A key factor driving this labor expansion, according to a report by Fitch Ratings released on Thursday, is the surge of foreign-born workers entering the US workforce. -
Gold Hits Record High Above $2,400 as Middle East Tensions and Economic Concerns Fuel Safe-Haven Demand
Gold prices soared to an all-time high on Friday, breaching the $2,400-an-ounce mark for the first time as escalating tensions in the Middle East and concerns about China's economic recovery fueled robust demand for safe-haven assets. 
Gold prices soared to an all-time high on Friday, breaching the $2,400-an-ounce mark for the first time as escalating tensions in the Middle East and concerns about China's economic recovery fueled robust demand for safe-haven assets. -
China's March Exports Plummet 7.5%, Imports Unexpectedly Shrink as Economic Recovery Falters
China's exports experienced a sharp contraction in March, while imports unexpectedly shrank, falling short of forecasts by significant margins and underscoring the challenges faced by policymakers as they attempt to bolster a shaky economic recovery. 
China's exports experienced a sharp contraction in March, while imports unexpectedly shrank, falling short of forecasts by significant margins and underscoring the challenges faced by policymakers as they attempt to bolster a shaky economic recovery. -
U.S. Dollar Weakens Following Muted Producer Price Inflation Data
The U.S. dollar experienced a notable downturn on Thursday, retreating from recent highs against major currencies following the release of softer-than-expected producer price data for March. This development suggests that the Federal Reserve's interest rate trajectory might be more accommodating than previously anticipated, despite a backdrop of robust economic indicators. 
The U.S. dollar experienced a notable downturn on Thursday, retreating from recent highs against major currencies following the release of softer-than-expected producer price data for March. This development suggests that the Federal Reserve's interest rate trajectory might be more accommodating than previously anticipated, despite a backdrop of robust economic indicators. -
China Faces Economic Pressure as CPI Cools and PPI Deflation Continues
The National Bureau of Statistics (NBS) reported a mere 0.1% increase in consumer prices from the previous year, a notable deceleration from February's 0.7% rise. This subdued inflation underscores the protracted property crisis's impact on consumer and business confidence. 
The National Bureau of Statistics (NBS) reported a mere 0.1% increase in consumer prices from the previous year, a notable deceleration from February's 0.7% rise. This subdued inflation underscores the protracted property crisis's impact on consumer and business confidence. -
US Wholesale Inflation Signals Persistent Price Pressures in the US
the Labor Department revealed that the producer price index (PPI), a measure of inflation at the wholesale level, experienced a rise in March. 
the Labor Department revealed that the producer price index (PPI), a measure of inflation at the wholesale level, experienced a rise in March. -
ECB Holds Rates Steady, Signals Potential for Future Rate Cuts
The European Central Bank (ECB) has maintained interest rates unchanged for the fifth consecutive time but has sent a clearer signal that rate cuts could be on the horizon. 
The European Central Bank (ECB) has maintained interest rates unchanged for the fifth consecutive time but has sent a clearer signal that rate cuts could be on the horizon. -
Fed Officials Voice Concerns Over Inflation, Delay Rate Cuts
During their March assembly, Federal Reserve policymakers voiced significant concerns regarding the sluggish pace at which inflation is moving towards the central bank's 2% target. 
During their March assembly, Federal Reserve policymakers voiced significant concerns regarding the sluggish pace at which inflation is moving towards the central bank's 2% target. -
Copper Prices Reach New Heights as Global Demand Outstrips Supply
Copper prices have ascended to their highest point since mid-2024, driven by a potent combination of escalating demand and lingering supply risks, according to recent trading data. 
Copper prices have ascended to their highest point since mid-2024, driven by a potent combination of escalating demand and lingering supply risks, according to recent trading data. -
US Inflation Accelerates in March, Surpassing Expectations at 3.5% Year-Over-Year
US consumer prices rose at a faster-than-expected pace in March, pushing the annual inflation rate to 3.5% and likely dashing hopes that the Federal Reserve will be able to cut interest rates in the near future. 
US consumer prices rose at a faster-than-expected pace in March, pushing the annual inflation rate to 3.5% and likely dashing hopes that the Federal Reserve will be able to cut interest rates in the near future.
