The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
China SOEs will resist privatization
China is expected to resist bad ideas, including privatization. Instead, it should drastically strengthen the role of the Communist Party in publicly owned companies, as the head of the country's state asset regulator told on Friday.
China turns to be in the middle of a reform program aimed at shaking up its debt-ridden, bloasted state sector for the purpose of creating innovative as well as globally competitive multinationals.
However, China's leaders have repeatedly emphasized that while local companies require being more competitive and responding better to the market, they’re bound to keep fulfilling their strategic objectives under the firm leadership of the country’s Communist Party.
The chairman of the State-Owned Asset Supervision and Administration Commission, Xiao Yaqing told that China shouldn’t hesitate when it comes to making state-owned companies big and extremely competitive.
Some progress in US debt ceiling talks is made, and the PMI data is out.
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!