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1032 days ago

China's trade boom does not falter and remains strong in May

While it had a lower growth than previous months, China's exports kept growing in May, fueled by the global economic recovery. Exports grew almost 28% in May and imports by 51.5%, the fastest growth pace since March 2010. This led China to have a trade surplus of $45.5 billion for the months. 

#Macro
China's trade boom does not falter and remains strong in May

1035 days ago

So far, G7 spend more on fossil fuels than green energy

Between January 2020 and March 2021, Canada, France, Italy, Germany, Japan and the US spent $189 billion in fossil fuels vs. $147 billion on clean energy.

#Macro
So far, G7 spend more on fossil fuels than green energy

1035 days ago

US unemployment rate fell back to 5.8%, its long-term average

Source: St. Louis Fed

#Macro
US unemployment rate fell back to 5.8%, its long-term average

1035 days ago

Russia's soverign wealth fund is divesting all dollar assets (if it invested in Bitcoin that could be huge...)

 Russia's sovereign wealth fund (officially the National Wellbeing Fund) has decided to dump all of its dollars and dollar-denominated assets in favor of those denominated in euros, yuan - or simply buying precious metals like gold, which Russia's central bank has increasingly favored for its own reserves.

#Forex #Macro
Russia's soverign wealth fund is divesting all dollar assets (if it invested in Bitcoin that could be huge...)

1035 days ago

Global food prices keep rising

Food prices saw a sharp decline when the pandemic first hit, but they have been soaring ever since. Food around the world is now on average 27% pricier than the 2014-2016 average on which the base of 100 was measured.

#Commodities #Macro
Global food prices keep rising
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