Jerry Lin
The Latest
-
Standard Chartered Foresees $100K Bitcoin Price; Spot BTC ETF Approval Likely in Early 2024
Standard Chartered, a leading international banking group, has maintained its bullish outlook on Bitcoin, predicting the cryptocurrency could reach $100,000 by the end of 2024. Standard Chartered, a leading international banking group, has maintained its bullish outlook on Bitcoin, predicting the cryptocurrency could reach $100,000 by the end of 2024. -
Gold Prices Soar as Dollar Weakens and Fed Rate Cut Speculation Grows
Gold prices have experienced a notable surge, largely influenced by remarks from Federal Reserve official Christopher Waller and global geopolitical unrest. The most active February 2024 gold futures contract climbed to $2061.50, marking a significant gain of $26.30. Gold prices have experienced a notable surge, largely influenced by remarks from Federal Reserve official Christopher Waller and global geopolitical unrest. The most active February 2024 gold futures contract climbed to $2061.50, marking a significant gain of $26.30. -
U.S. GDP Surges with 5.2% Growth in Third Quarter
Gross domestic product (GDP) expanded at a 5.2% annualized pace, exceeding both the previous estimate of 4.9% and the 5% forecast by economists polled by Dow Jones. Gross domestic product (GDP) expanded at a 5.2% annualized pace, exceeding both the previous estimate of 4.9% and the 5% forecast by economists polled by Dow Jones. -
Fed Governors Split on Path for Interest Rates Amid Inflation Battle
The debate over the future direction of interest rates within the Federal Reserve is intensifying as two of its governors, Michelle Bowman and Christopher Waller, present contrasting views on the best approach to manage inflation. The debate over the future direction of interest rates within the Federal Reserve is intensifying as two of its governors, Michelle Bowman and Christopher Waller, present contrasting views on the best approach to manage inflation. -
Biden Administration Announces New Supply Chain Security Measures, Urges Businesses Not to Inflate Prices
The Biden administration continues to intensify its supply chain security policies. On Monday, Eastern Time, the White House unveiled a series of new plans, including the establishment of the "White House Supply Chain Resilience Committee." The Biden administration continues to intensify its supply chain security policies. On Monday, Eastern Time, the White House unveiled a series of new plans, including the establishment of the "White House Supply Chain Resilience Committee." -
Evergrande's Unit Takes Legal Action Against Parent Company Over $279 Million Pledge Guarantees
Evergrande Property Services Group, through its subsidiary Jinbi Property Management Company, has initiated legal proceedings against Hengda Real Estate Group Company and its parent, China Evergrande, among others. Evergrande Property Services Group, through its subsidiary Jinbi Property Management Company, has initiated legal proceedings against Hengda Real Estate Group Company and its parent, China Evergrande, among others. -
Saudi Arabia Seeks to Cut OPEC+ Production Quotas, Prompting Short-Term Rise in Oil Prices
Reports citing OPEC+ representatives revealed on November 27 that Saudi Arabia, the de facto leader of OPEC+, is urging other oil-producing nations in the group to reduce their oil production quotas to stabilize the global market. Reports citing OPEC+ representatives revealed on November 27 that Saudi Arabia, the de facto leader of OPEC+, is urging other oil-producing nations in the group to reduce their oil production quotas to stabilize the global market. -
Joe Biden Taps Defense Production Act to Reinforce U.S. Economy and Tackle Inflation
Joe Biden is set to invoke a Cold War-era law during the first meeting of the White House's Council on Supply Chain Resilience. Joe Biden is set to invoke a Cold War-era law during the first meeting of the White House's Council on Supply Chain Resilience. -
EU, China, and Brazil: Collaborating for a Sustainable Global Food System
As the 2023 United Nations Climate Change Conference approaches, deforestation remains a critical issue, not just a matter of phasing out fossil fuels, increasing renewable energy production, and enhancing energy efficiency. As the 2023 United Nations Climate Change Conference approaches, deforestation remains a critical issue, not just a matter of phasing out fossil fuels, increasing renewable energy production, and enhancing energy efficiency. -
OPEC+ Faces Tough Choices Amid Oil Price Weakness and Approaching Capacity Limits
As the global energy demand cools due to climate and economic slowdown factors, and with the U.S. supplying ample crude oil leading to significant inventory growth, the market's concern over a production gap in the fourth quarter has eased. This situation raises questions about the impact of the upcoming OPEC+ meeting on oil prices. As the global energy demand cools due to climate and economic slowdown factors, and with the U.S. supplying ample crude oil leading to significant inventory growth, the market's concern over a production gap in the fourth quarter has eased. This situation raises questions about the impact of the upcoming OPEC+ meeting on oil prices.