Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
Due to the global shortage of automotive chips, in the past year, the price of STL9369, the core chip of the body electronic stability system produced by STMicroelectronics, has skyrocketed from 20 yuan to 2,800 yuan (excluding tax), a year-on-year i…
The U.S. CPI rose 1.2% month-on-month as expected in March, the highest since October 2005; this made the indicator up 8.5% year-on-year, higher than the expected 8.4%, and the highest since December 1981 (nearly 40 years).…
Since the outbreak of the epidemic in 2020, the prices of international agricultural products and fertilizers and other agricultural materials have continued to rise. As of February 2022, the FAO Global Food Price Index has surpassed its 2011 high. D…
In March, U.S. inflation hit a 40-year high. According to data released by the U.S. Bureau of Labor Statistics, the consumer price index (CPI) rose 7.9% year-on-year and 0.8% month-on-month. The data also showed that U.S.…
In the face of rising oil prices, the 31 member countries of the International Energy Agency decided in early March to release 60 million barrels of crude oil reserves. However, the market's reaction to this statement was not strong, and oil prices c…
After falling last week, international gold futures edged up on Monday, posting their second gain in seven sessions. Gold futures for April delivery rose 20 cents, or less than 0.1%, to settle at $1,929.50 an ounce on the New York Mercantile Exchange…
At 23:36 local time on the 16th (22:36 Beijing time on the 16th), a strong earthquake occurred in the waters near Fukushima Prefecture, Japan. Early this morning, the Japan Meteorological Agency revised the magnitude from 7.3 to 7.4. So far, the eart…
French scientists have confirmed for the first time through genome sequencing that the "deltacron" variant of the new coronavirus that has previously attracted a lot of attention does exist, which combines the mutations in the new coronavirus delta v…
Nickel has seen a rapid rise recently, with the price of nickel on the London Metal Exchange soaring to more than $100,000 a metric ton, up 250%, leading to a trading halt. According to Morgan Stanley analyst Adam Jonas, an increase in the price of o…
Bitcoin suddenly plummeted more than 15% , other cryptocurrencies also fell. According to data from CoinGecko, within 24 hours, Ethereum fell to $2,542.2, a drop of 3.53%; Dogecoin fell 2.93%; Solana coin fell 5.64%; Shiba Inu coin fell 3.7%; Terra c…
Inflation data in many countries continues to rise, bringing new impacts and changes to the global economy and financial markets. Under this circumstance, the size of the global negative interest rate bond market, which was previously infinite, has a…