Evergrande could be the next Lehman Brothers
The Chinese economy begins to be questioned. Its impact on global growth that it has helped fuel for more than 20 years is now hampered by electricity shortages and a major real estate crisis. The difficulties of the real estate sector in China triggered by the problems of the giant Evergrande could pose risks to […]
Crude oil recovers its prices due to the global energy crisis.
This Tuesday the oil market registered pressures, after the fall in its prices. What is affecting prices are the pressures on demand and the energy crisis that is taking place in both Europe and China. In Europe, prices reached a new record for gas, energy and carbon prices. The concerns revolve around the beginning […]
High Impact of the Week: Canada GDP and US Production
The week will continue with fears of an Evergrande collapse that could cause financial contagion and slow the growth of the Chinese economy. That concern eased after the developer agreed to settle some local note interest payments, but the problem is far from over with holders of dollar bonds that have yet to receive a […]
BTC is close to breaking the $ 30K support
The crypto world continues to speak in the markets. The pullback of mining in China continues to drive the pullback in the price of BTC. The public-institutional advances for the regulation of this activity, are key axes of this week. The brake on mining in China is paving the way for the decentralization of the […]
China and the US under diplomatic tensions
US relations with Beijing are deteriorating and have not been “restored” under President Joe Biden in the way many previously expected, said Max Baucus, a former US ambassador to China. Baucus said that Biden’s policies on China are “as strong as Trump’s.” The former ambassador said the risk of a military showdown between the United […]
BTC accumulates 30% losses in the last month
. The volatility of the crypto market is reflected again in today’s session when the two main cryptocurrencies in the market, BTC and ETH, after opening higher, they collapsed again. The lack of institutional support and the base in the offer – demand of the same, translates that before declarations of institutions or influential personalities […]
Discouraging production and sales in China, pressure on markets.
The retail sales in China have been published in the last hours, leaving secondary effects on the prices of commodities and crude oil for the opening of this Monday. The economic data turned out to be more disappointing than expected. The National Statistics Office reported that production slowed its growth in April, and Chinese retail […]