CHINA OVERTAKES GERMANY IN CAR EXPORTS

by Chris Black As soon as they meet Germany build standards (soon) Germoney is fucked. FYI, most Euro manufacturers equip their cars with Chinese made engines and electronics. https://twitter.com/EyeontheDragon/status/1614844730231386112 GM took government bailout money in 2008, and immediately shifts operations …

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CHINA: Offshore #yuan weakens sharply… There is no “re-opening”… OCT Exports #slowed to 0.7% y/y in dollar terms from 5.7% growth in SEP

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 …

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Russia Orders All Fertilizer Exports Halted

Russia is urging the country’s fertilizer producers to halt exports in a move that could send soaring global fertilizer prices even higher. My latest: https://t.co/uL0862uW7X via @bpolitics — Elizabeth Elkin (@ElizabethElkin) March 4, 2022 Food Crisis Imminent: Hungary Bans All …

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US Trade Balance Widens To All-time High, Rise In Imports, Drop In Exports (10Y Treasury Yield Sags To 1.884%, Russian Ruble Getting Clobbered)

by confoundedinterest17 The U.S. merchandise-trade deficit unexpectedly widened in January to an all-time high, reflecting a record value of imports and a drop in shipments overseas. The shortfall grew to $107.6 billion last month from $100.5 billion in December, according to Commerce Department …

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