About: 王建军
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Gold Steadies as Fed Increases Interest Rate By Expected 0.25%

On Wednesday, 16 March, the US Federal Reserve made the long-awaited decision to raise interest rates to combat surging inflation. As per the market’s expectations, the Fed raised rates by 25 basis points. The 0.25% rate hike was voted on almost unanimously by policymakers, except St Louis Fed president James Bullard, who voted in favour ofContinue Reading
Written on March 17, 2022 at 3:12 am
Categories: Weekly Outlook
Oil Prices Cool as UAE Pledges to Open the Taps

After a month of rallying in response to the Russia-Ukraine conflict, oil prices have finally cooled at the combined news of Ukraine withdrawing its NATO application; and the UAE saying that it will increase oil production while encouraging its allies in the Organization of the Petroleum Exporting Countries (OPEC) to do the same. The formerContinue Reading
Written on March 10, 2022 at 7:04 am
Categories: Weekly Outlook
Chinese tech companies bullish on the metaverse

Despite the regulatory risks, Chinese tech companies are doubling down on their bets on the metaverse, ranking in the top among companies filing for NFT and metaverse-related trademarks and patents. In 2021 and 2020, Tencent filed a total of 4085 patents while Baidu filed 3094, taking second and third places respectively behind Samsung. In China,Continue Reading
Written on March 7, 2022 at 8:32 am
Categories: Weekly Outlook
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