10/15 Financial News: China’s Central Bank loans, Cryptocurrency-a new asset

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1, Stocks fell for a second day. The Dow Jones Industrial Average was down 165.81 points, or 0.6%, at 28,514. The S&P 500 closed 0.7% lower at 3,488.67 and the Nasdaq Composite slid 0.8% to 11,768.73.

https://www.cnbc.com/2020/10/13/stock-market-futures-open-to-close-news.htm

2, Peter Navarro On Going To War With Amazon, China, TikTok, And The ‘Deep State’ | WALL STREET MEETS WASHINGTON EP. 27. Peter Navarro: all-out economic war with China. He explained his thesis on China’s “7 Deadly Sins,” and outlined the ways in which the Trump administration has tried to tackle each in kind.

https://amp.dailycaller.com/2020/10/14/peter-navarro-white-house-donald-trump-joe-biden-amazon-china-tiktok-deep-state?__twitter_impression=true

3,Maldives considers scrapping Free Trade Agreement (FTA) with China. Maldives, which has been steadily restricting its ties with China, may scrap its Free Trade Agreement (FTA) with Beijing to safeguard trade relations with other countries including India.

https://m.economictimes.com/news/international/business/maldives-considers-scrapping-free-trade-agreement-fta-with-china/amp_articleshow/78612972.cms?__twitter_impression=true

4, Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday.

https://www.coindesk.com/jpmorgan-calls-squares-bitcoin-investment-strong-vote-of-confidence-for-the-cryptocurrency?amp=1&__twitter_impression=true

5, China’s central bank on Thursday injected 500 billion yuan ($74.48 billion) worth of medium-term loans into the banking system and kept borrowing costs unchanged for the sixth straight month.

https://www.reuters.com/article/china-economy-mlf/china-cbank-injects-500-bln-yuan-of-medium-term-loans-rates-unchanged-for-6th-month-idUSB9N2H200I

6,The U.S. State Department has submitted a proposal for the Trump administration to add China’s Ant Group to a trade blacklist, according to two people familiar with the matter, before the financial technology firm is slated to go public.

https://www.reuters.com/article/us-usa-antfinancial-blacklist-exclusive/exclusive-trump-administration-to-consider-adding-chinas-ant-group-to-trade-blacklist-sources-idUSKBN26Z2UT

By 【Financial and Law Team】

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armor
11 months ago

CCP Virus ,CCP Lied,The world people died.Take down the CCP !
 
The New Federal State of China ! Everything has begun !
 
Action ! Action ! Action !
 
Lah Lah Lah Lah Lah !

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