Global US-Dollar Shortage - Are We Already in a Recession?

[Dr Christopher Cheok C S]

The Singapore dollar’s two-year streak as the top-performing Asian currency is seen ending this year as the nation’s central bank may start loosening its policy as soon as April.​

https://www.bnnbloomberg.ca/singapore-dollar-s-stellar-run-seen-ending-on-monetary-easing-1.2051067

 

[k1976]

The Singapore dollar’s two-year streak as the top-performing Asian currency is seen ending this year as the nation’s central bank may start loosening its policy as soon as April.​

https://www.bnnbloomberg.ca/singapore-dollar-s-stellar-run-seen-ending-on-monetary-easing-1.2051067

Tiagong， sgd is world 11st most powerful currency de woh

 

[k1976]

 

[Dr Christopher Cheok C S]

People’s Bank of China had instructed state-owned banks to buy yuan and sell dollars in the open market, to support the Chinese currency.
https://www.nasdaq.com/articles/chi...rs-for-yuan-to-stabilise-currency-sources-say
https://www.reuters.com/markets/cur...s-four-month-low-state-banks-step-2024-03-22/

 

[Dr Christopher Cheok C S]

Jerome Powell says interest rate cuts will do nothing for U.S. economy​

https://www.msn.com/en-us/money/mar...s-will-do-nothing-for-u-s-economy/ar-BB1kNheR

 

[Dr Christopher Cheok C S]

Turkey inflation at 67% and Turkey Lira near All-Time low​

 

[Dr Christopher Cheok C S]

Liquidity Dries Up: China's Foreign Direct Investment at 23 years low

 

[knowwhatyouwantinlife]

I think China's economy, non property sector esp, will rebound soon. With high ir in US, consumers and manufacturers will definitely be seeking lower cost goods to purchase, and with only 2 rises worth 50 basis points left for the FED, matter of time they will cut IR...simplistic thinking

 

[Dr Christopher Cheok C S]

I think China's economy, non property sector esp, will rebound soon. With high ir in US, consumers and manufacturers will definitely be seeking lower cost goods to purchase, and with only 2 rises worth 50 basis points left for the FED, matter of time they will cut IR...simplistic thinking

Analysts project 0.75% (2-3 cuts) for 2024 but inflation is getting higher - oil and industrial metal prices strengthening. Russia's military factories are also more productive now with ample processed steel supply from China lately. I fear that all these hints that Russia will invade Moldova, Poland and Baltic states soon.

 

[knowwhatyouwantinlife]

Analysts project 0.75% (2-3 cuts) for 2024 but inflation is getting higher - oil and industrial metal prices strengthening. Russia's military factories are also more productive now with ample processed steel supply from China lately. I fear that all these hints that Russia will invade Moldova, Poland and Baltic states soon.

Unless u believe in the Illuminati and New World Order, I don't think so, unless Russia wants to rain on the POTUS election

 

[k1976]

Turkey inflation at 67% and Turkey Lira near All-Time low​

They are hoarding Gold at God Speed

https://www.google.com/amp/s/amp.cnn.com/cnn/2024/03/20/business/turkey-inflation-gold-dollar-stocks
Istanbul/LondonCNN —
Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others nervously pacing.

This “standing market” — a low-rent version of a chaotic stock exchange floor — is where Istanbul’s traders come to deal in precious metals and currencies. These days it’s dollars and gold they’re after. Turkish lira, not so much.

“Right now our money is almost worthless. Since people haven’t seen inflation fall, they don’t trust the Turkish lira anymore,” explained Adnan Kapukaya, a trader and market expert.

 

[Dr Christopher Cheok C S]

Unless u believe in the Illuminati and New World Order, I don't think so, unless Russia wants to rain on the POTUS election

The maps says a lot about Russia.

Historically, Russia invades her neighbours. It is in their blood; ain't they the largest country in the world

 

[Dr Christopher Cheok C S]

They are hoarding Gold at God Speed

https://www.google.com/amp/s/amp.cnn.com/cnn/2024/03/20/business/turkey-inflation-gold-dollar-stocks
Istanbul/LondonCNN —
Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others nervously pacing.

This “standing market” — a low-rent version of a chaotic stock exchange floor — is where Istanbul’s traders come to deal in precious metals and currencies. These days it’s dollars and gold they’re after. Turkish lira, not so much.

“Right now our money is almost worthless. Since people haven’t seen inflation fall, they don’t trust the Turkish lira anymore,” explained Adnan Kapukaya, a trader and market expert.

cryptos also saved a lot of people.

Cryptos have generated so much new wealth out of thin air, that they effectively bailed out many in the past decade.

 

[Dr Christopher Cheok C S]

Japanese are very pleased with their newfound competitiveness
Look at Nikkei

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

China Maintains Yuan Defense After Currency Nears Red Line​

https://www.msn.com/en-us/money/mar...nse-after-currency-nears-red-line/ar-BB1lewWb

 

[k1976]

https://apnews.com/article/china-us...trial-policy-ab1b8fbef365352096492206e532c7c6

Tiongkok and Murika are not shooting each other for trade protectionism....

Keyword is "No decouple" and "Overcapacity"

 

[Dr Christopher Cheok C S]

Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough
https://www.cnbc.com/2024/04/10/fed-meeting-minutes-point-to-caution-on-inflation.html

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]