BIDEN SAYS XI JINPING IS A “DICTATOR” HOURS AFTER MEETING WITH THE CHINESE LEADER – Market News – 20 November 2023

American president justified the comment: “He is a man who runs a communist country” After a four-hour meeting in San Francisco, California, the American president   Joe Biden   called the Chinese leader   Xi Jinping   in   “dictator” . For Biden,   “he is a dictator in the sense that he is a man who runs a country that is communist” . The American also said that

Weekly Market Outlook (20-24 November)

UPCOMING EVENTS: Monday: PBoC LPR. Tuesday: RBA Meeting Minutes, Canada CPI, FOMC Minutes. Wednesday: US Durable Goods, US Jobless Claims. Thursday: US Thanksgiving Day, Australia/Eurozone/UK PMIs, ECB Meeting Minutes, New Zealand Retail Sales. Friday: Japan CPI, Canada Retail Sales, US PMIs, US Black Friday (early markets close). Monday The PBoC is expected to keep the

Binance to halt Russian Ruble trading pairs and exit market By Investing.com

© Reuters. NEW YORK – Binance, the world’s leading cryptocurrency exchange, is set to remove several spot trading pairs involving the Russian (RUB), including and BNB/RUB, amid regulatory challenges and liquidity issues. The company announced today its decision to exit the Russian market through a sale to CommEX, coupled with the cessation of Russian Ruble

Global Market Weekly Recap: November 13 – 17, 2023

We had a jam-packed economic calendar this week, and it seems like broad market behavior was once again mainly dictated by inflation updates and its influence on monetary policy sentiment. The main event stealing the spotlight was the U.S. CPI update, basically setting the vibe for the entire financial dance floor like a DJ—shaping

Bangladesh dollar crisis deepens with market deviation By Investing.com

© Reuters. Bangladesh is grappling with a widening gap between the official and open market exchange rates for the US dollar, as local banks are mandated to follow the central bank’s prescribed rate amidst a severe currency shortage. Despite efforts to stabilize the currency, the open market rate for the dollar has soared, revealing a