May 2022

Source: Wall Street News Author: Ying Yiru Glencore, one of the protagonists who participated in the “epic” Nickel War at the beginning of the year, has made headlines again recently. Glencore admitted to conspiring between 2011 and 2019 to manipulate fuel benchmarks set by price reporting agency S&P Global Platts, which allowed it to artificially […]

Key indicators showed U.S. inflation slowed in April but remained near a 40-year high. On Thursday, May 27, data from the U.S. Department of Commerce showed that the U.S. PCE price index in April increased by 6.3% year-on-year, compared with the expected value of 6.2% and the previous value of 6.6%. The most important indicator

Source: Wall Street News Author: Wang Mei Traders cut expectations for the Federal Reserve to continue raising interest rates in 2022 after revised data on Thursday showed the U.S. economy contracted more than expected in the first quarter. Traders see a 60% chance that the target range for the federal funds rate will rise to

global macro Before the market on Friday, the three major U.S. stock index futures collectively rose European markets mostly higher Image source: Yingwei Caiqing Has U.S. inflation peaked? The core PCE price index in April increased by 4.9% year-on-year, down from the previous value The core PCE price index of the United States in April