Offshore #yuan weakens sharply Monday morning…
God bless Hang Seng… pic.twitter.com/d037XYOQIz— Cathy Yuan Zhang (@CathyYuanZhang) November 7, 2022
There is no "re-opening" in China this morning – those were 1-day trades
China OCT Exports #slowed to 0.7% y/y in dollar terms from 5.7% growth in SEP
= Global Recession
— Keith McCullough (@KeithMcCullough) November 7, 2022
*China's current account surplus up 56% in first 3Qs👇🏻
China is dumping their non-consumed goods abroad – trying to grow their way out of a slowdown via productivity/ exports
The problem is: thus is deflationary on global economy as Chinese demand is weaker and they overproduce https://t.co/lpnOtGOPgU pic.twitter.com/WsIBf3B0sW
— Adem Tumerkan (@RadicalAdem) November 6, 2022
Despite how protective the media was of Apple, the truth finally comes out. Futures down$AAPL
https://t.co/L6cWeKFKMk— The Maverick of Wall Street (@TheMaverickWS) November 6, 2022
APPLE TRIMS NEW IPHONE OUTPUT BY 3M UNITS AS DEMAND COOLS. $AAPL
— CN Wire (@Sino_Market) November 7, 2022
DECOUPLING: Canada kicks out Chinese companies from lithium mining.