Surprise rate cuts in China this week raised concerns about the strength of China's economy.
Surprise rate cuts by China this week raised worries that Beijing is struggling to breathe life into the world's second largest economy.U.S. crude on Friday was on pace for a third weekly decline as worries about demand in China outweigh strong economic growth U.S.The U.S. economy grew at a 2.8% pace in the second quarter, much stronger than expected. But oil imports to China were down 10.
"The semi-panicky moves are increasing concerns that Chinese energy demand may be further into the future than expected," Bob Yawger, executive director of energy futures at Mizuho Securities, told clients in a note Thursday.Solar stocks tumble as clean energy investors fear a Trump win — these companies are most exposed
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WTI plummets as surprise PBoC rate cuts raise uncertainty over China’s economic outlookWest Texas intermediate (WTI), futures on NYMEX, extends its downside below $78.00 in Monday’s American session.
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China: Surprise rate cut as growth faltersThe People’s Bank of China (PBOC) unexpectedly cut its key 7-day reverse repo rate by 10 bps to 1.7% on Mon.
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Hungary’s Orbán makes surprise visit to China after trips to Russia and UkraineHungary’s Prime Minister Viktor Orbán is making a surprise visit to China after similar trips to Russia and Ukraine to discuss prospects for a peaceful settlement in Ukraine.
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Hungary’s Orbán makes surprise visit to China after trips to Russia and UkraineHungary’s Prime Minister Viktor Orbán is making a surprise visit to China after similar trips to Russia and Ukraine to discuss prospects for a peaceful settlement in Ukraine. State broadcaster CCTV reported Monday that Orbán met with Chinese President Xi Jinping.
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Hungary’s Orbán makes surprise visit to China after trips to Russia and UkraineHungary’s Prime Minister Viktor Orbán is making a surprise visit to China after similar trips to Russia and Ukraine to discuss prospects for a peaceful settlement in Ukraine.
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Morning Bid: US yields bite, China enjoys rare surpriseMorning Bid: US yields bite, China enjoys rare surprise
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