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.
Malaysia's solid exports and demand ensure faster first-quarter surge
On Friday, Malaysia’s supposed to report that its pace of economic surge picked up during the first quarter due to ascending exports as well as resilient domestic demand.
Obviously, an ascending economy appears to be pivotal for Prime Minister Najib Razak, widely expected to call early surveys this year amid worries that soaring living costs could reduce support for his long-ruling coalition.
The median prediction in a Reuters survey of 12 financial experts turned to be for 4.8% annual surge in January-March, up from 4.5% last quarter.
If the pace’s 4.8%, then January-March might be considered to be the best period since the second quarter of 2015.
Exports from Southeast Asia's number three economy went up strongly in early 2017, underpinned by China's push to rebuild inventory as well as higher commodity prices, as Standard Chartered stressed in a May 12 research note.
Considering current Treasury yield spreads, the chance of a recession is now nearly 99.3% - 100%. Read the full report to learn more!
It’s Wednesday, the froggy day for the whole internet. Here’s news that moves the market:
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
Some progress in US debt ceiling talks is made, and the PMI data is out.