Viewpoint Hong Kong News: On October 16, Daniel Pinto, President of JPMorgan Chase, said at the International Finance Association that under the high level of savings and abundant finance, the consumption and business performance of the United States are strong, but high inflation and high interest rates or further interest rate increases can create pressure, and there are a lot of things that can go wrong, including the warming of the Russia-Ukraine conflict, Ha ... 阅读全文

05:01:03 South Korea's export price index in September decreased by 8.9% year-on-year, with a decrease of 7.90% from the previous value; The import price index of South Korea in September decreased by 9.6% year-on-year, with a previous decrease of 9.00%.

04:31:31 US Huck stated that the Federal Reserve should maintain interest rates unchanged without any shift in economic data.

On Monday (October 16th) local time, Philadelphia Fed Chairman Patrick Harker stated that the Federal Reserve could maintain interest rates at current levels and pointed out that the process of eliminating inflation is already taking place. I believe we can now maintain interest rates at the current level. Deinflation is happening, the labor market is becoming more balanced, and economic activity continues to remain resilient Huck said that keeping interest rates ... 阅读全文

On Monday (October 16th) local time, Philadelphia Fed Chairman Patrick Harker stated that the Federal Reserve could maintain interest rates at current levels and pointed out that the process of eliminating inflation is already taking place. I believe we can now maintain interest rates at the current level. Deinflation is happening, the labor market is becoming more balanced, and economic activity continues to remain resilient Huck said that keeping interest rates ... 阅读全文

01 Vietnam's legislative body predicts that the country will not be able to meet the 2023 GDP growth target Vietnam's legislative body said on Monday that it is expected that the country will not be able to meet its economic growth targets for this year. The National Assembly stated in a statement that the manufacturing industry, which has been the engine of the country's economic growth for many years, is slowing down. According to national media reports cited i ... 阅读全文

Mikhail Demin The modern global economic interaction system is in a stage of rapid transformation. In this context, the economic cooperation between Russia and China shows a trend of rapid growth in quantity and quality. In addition to further strengthening joint investment in high-tech projects, metallurgical projects, transportation, and airport infrastructure, Russia and China are exploring new ways of bank interaction, with great potential for collaboration i ... 阅读全文

01:13:39 European Central Bank regulatory committee Holzmann stated that the inflation issue has not yet been resolved.

The Vice President of the European Central Bank, James Jindos, stated that economic activity in the eurozone remains sluggish and is expected to stagnate before the end of the year; The outlook for financial stability in the eurozone is fragile.

00:49:32 Russian Deputy Prime Minister Novak stated that it is still too early to discuss OPEC+'s decision at the November meeting.

Richmond Fed Chairman Barkin stated in his speech on Tuesday that although the inflation path is "not yet clear", "we have time to see if we have done enough, or if there is more work to be done He pointed out that the overall annual inflation rate in September has slowed from its peak of 9.1% in June last year to 3.7%. "We have not yet reached the target, but we are moving in the right direction." Balkin expressed his support for the FOMC's decision to abandon i ... 阅读全文

23:54:33 Sources said that EU countries have reached an agreement on electricity market reform.

At 23:20:28, the Chairman of the Richmond Fed, Barkin, stated that changing the inflation target now would reduce the Fed's policy credibility.

The latest monthly global fund manager survey released by Bank of America on Tuesday showed that as economic growth expectations become pessimistic, investors are once again turning bearish and flocking to cash. This survey was conducted between October 6th and October 12th, with a total of 259 participants who managed assets worth $664 billion. Bank of America strategists led by Michael Hartnett wrote in a report that the October survey showed a decline in the b ... 阅读全文

The game of competition and cooperation between China and the United States is destined to be a lasting war. Text: Chen Jiulin (Chairman and President of Beijing Joseph Investment Co., Ltd.), Chen Baiying (Master of Management from Xi'an Jiaotong Liverpool University) Editor in charge: Embracing the world At the end of September, the Ministry of Finance announced that China and the United States had agreed to establish an economic working group, including the "Ec ... 阅读全文

The Bank of Korea will announce its interest rate resolution on Thursday. The market generally expects the South Korean central bank to maintain its benchmark interest rate at 3.5% to curb the rebound in household debt while maintaining economic growth momentum. This will be the sixth consecutive suspension of interest rate hikes since January. At the time of this meeting, the Middle East crisis may push up oil prices and exacerbate global inflationary pressures. ... 阅读全文

According to the Associated Press, on October 17th local time, the United States House of Representatives completed the first round of speaker voting and was unable to elect a new speaker. The House of Representatives announced a temporary recess. It is reported that in the first round of voting, Republican candidate and Chairman of the House Judiciary Committee, Jim Jordan, received 200 votes (with 20 Republicans not voting), and House Democratic leader Hakim Je ... 阅读全文

The EU Finance Ministers' Meeting was held in Luxembourg on the 17th local time, and participants focused on discussing the latest proposals for EU fiscal rules. However, there are still controversies among member states regarding the fiscal reform plan. The announcement released after the meeting showed that the finance ministers of EU member states evaluated the progress of EU fiscal reform and emphasized the need to continue discussing fiscal reform plans at t ... 阅读全文

RBA Chairman Bullock stated that if inflation remains above expectations, policies will have to be taken to address it.

Scanning -The statement on the internet that Qatar publicly threatens to stop supplying natural gas to the world is misleading. The relevant video is sourced from the speech delivered by Tamim bin Hamad Al Thani, the Emir of Qatar (Head of State), at the opening ceremony of the 14th Doha Forum in May 2017. Tamim did not mention anything related to the "cut-off of natural gas supply" in his speech. Event Background The new round of Palestinian-Israeli conflict is ... 阅读全文