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Further pressure on central banks

Posted by FXMAG on May 17, 2022 at 3:33am 0 Comments

It’s been a relatively calm start to trading this week, with Europe a mixed bag at the close and the US a little lower.



The weaker Chinese figures overnight will be of some concern at a time of slowing economic activity around the world. Still, as has been the case so often in recent years, the lockdowns will have heavily distorted the data. With lockdowns priced in to an extent, the key will be how quickly restrictions are lifted and then how well the economy bounces… Continue

China Update: a swamp of weak economic data for April; light in the tunnel for the Shanghai lockdown; stern warning against private capital. | Saxo Bank

Posted by FXMAG on May 17, 2022 at 3:33am 0 Comments

Summary: China released a series of very weak credit and economic data which pointed to contraction in economic activities in April. On the positive side, there is finally light in the tunnel for Shanghai to emerge from lockdown in June. The April data was history and the determining factor for the pace of growth of the Chinese economy to a large extent lies on the development of the Covid outbreaks and lockdown. Qiushi Journal’s publication of new excerpts from an old speech of President Xi… Continue

Is it Worth Buying Rechargeable LED Headlamps? Let’s Find Out!

Posted by Hoko Lite on May 17, 2022 at 3:33am 0 Comments

While all light sources serve the same basic function i.e., to give illumination and the question here arises what kind of headlamp to buy depending on your purpose or application. A rechargeable LED work light is a great option for useful maintenance, inspection, and confined spaces, especially where there is no access to a power source…



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