If the tariff dispute reaches the Supreme Court, can the tariffs be cut? If the presidential authority is limited, it may detonate tens of billions of dollars in tax rebates and subvert the strategic cards of the United States. Click to view...
On April 22nd, according to an analysis by the Atlanta Federal Reserve Bank, the U.S. federal government's broad labor force (including contract workers and funded program employees) may decrease by more than 1.20 million people. The forecast mainly reflects the shrinkage of the size of the government's indirect employment through contracts and funded programs. "Given the size of the federal workforce, this decline in employment levels could have a significant impact on the labor market," Atlant...
U.S. Treasury Secretary: Committed to reducing Iranian oil exports to 100,000 barrels per day.
Japan will approve a record $730 billion budget and reduce bond issuance.
On December 20th, US Treasury data showed that China's holdings of US Treasury bonds in October were 760 billion US dollars, a decrease of 12 billion US dollars from the previous month. Japan's holdings of US Treasury bonds in October were 1.103 trillion US dollars, a decrease of 20 billion US dollars from the previous month.
On November 8th, Minister of Finance Lan Foan introduced at the press conference of the 12th meeting of the Standing Committee of the 14th National People's Congress held on November 8th that starting from 2024, our country will arrange 800 billion yuan from the new local government special project bonds every year for five consecutive years, which is specially used for chemical bonds, and the accumulated replaceable hidden debt is 4 trillion yuan. Coupled with the 6 trillion yuan debt limit app...
On October 22nd, SMIC announced that the 50 component traded open-ended index securities investment fund of E Fund Shanghai Science and Technology Innovation Board reduced its holdings of the company's domestic stocks 1.2465 million shares. After the reduction, E Fund still holds the company's domestic stocks 99.2407 million shares, accounting for 4.99% of the company's total domestic share capital and 1.24% of the company's total share capital.
As of the week of October 15, the net short position of CBOT soybeans increased from a decrease, and the CBOT soybean market outlook may... Click to read the article.
OPEC daily production: revised to 2664.8 million barrels in August, 2604.4 million barrels in September, a decrease of 604,000 barrels from the previous month; China's net imports of petroleum products (change): an increase of 1.58 million barrels/day in August and a decrease of 1.15 million barrels/day in July; India's net imports of petroleum products (change): an increase of 110,000 barrels/day in August and an increase of 190,000 barrels/day in July; US net imports of petroleum products (cha...
The yield on the two-year U.S. Treasury note fell to 3.642 percent, the lowest level since May 2023.