Treasury Yields Surge to Five-Week Highs as U.S., China Push to Formalize Trade Deal

Demand for haven assets declined on Monday, pushing bond prices down and yields higher as investors sifted through better than expected corporate earnings and positive dialogue around a formal U.S.-China trade agreement. U.S. Yield Curve Rises The yield on the benchmark 10-year Treasury note peaked at 1.86%, its highest in almost six weeks, according to …

Why One Key Troubled Sector Could Ruin Strong U.S. Stock Market Rally – CCN.com

As markets approach the year’s end, the sentiment around the U.S. stock market is improving with important fundamental sectors like housing and manufacturing outperforming the expectations of analysts amidst a pending Federal Reserve rate cut. However, throughout the past two months, analysts expressed concerns over the likelihood of a partial trade deal with China in …

Chinese Stocks Tumble After Disastrous Industrial Production Data – CCN.com

Chinese industrial production showed renewed weakness in August. | Image: AFP / China Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300 …

Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are …

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. Just this week, Chinese police busted a gang of Bitcoin miners that …

China Dominates Stablecoin Crypto Appetite with Over 50% of Trading

By CCN: Chinese trading and stablecoin volume account for over half of the transactions sent and received by known parties, in the entire world, according to the latest issue of Diar. China Dominates Global Tether, Crypto Trading Trends Previous research showed certain Western countries far in the lead as far as Bitcoin exchange transaction volume. …