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The Chinese government has the strongest position to be able to truly legitimize the sharing economy. Instead of being seen as a threat or as a simple acquisition by other large businesses and governments, the Chinese have so far hastily embraced the growth the sharing economy brings to its service industry. While facing multiple challenges, the sharing economy will be able to thrive, and it must do so in China by encouraging regulation and cooperation, ...
Trading the News: U.S. Consumer Price Index A pickup in the U.S. Consumer Price Index (CPI) accompanied by stickiness in the core rate of inflation may boost the appeal of the greenback and spark a further decline in EUR/USD as it boosts interest-rate expectations. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) appears to be in no rush to ...
Trading the News: U.K. Consumer Price Index (CPI) Another uptick in the U.K. Consumer Price Index (CPI) accompanied by a pickup in the core rate of inflation may boost the appeal of the sterling and spur a larger rebound in GBP/USD as it puts increased pressure on the Bank of England (BoE) to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Even ...
Consumer prices in China were up 2.3 percent on year in March, the National Bureau of Statistics said on Monday. more...
The total number of home loans in Australia was up a seasonally adjusted 1.5 percent on month in February, the Australian Bureau of Statistics said on Monday - standing at 56,924. more...
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