Daily Management Review
Economics

2024 Is The Year That Investors Shift To A New Economic Order

Investors seem to be convinced that the main Western central banks are about to make the long-awaited shift from raising to lowering interest rates. As a result, markets rose, but as the globe gets used to an economic system where money is not easily obtained, 2024 may surprise us.   In...

China's Manufacturing Contraction In December Worsens, With Additional Support Expected

Declining for the third consecutive month and weakening more than anticipated, China's manufacturing activity cast doubt on the country's prospects for economic recovery and strengthened the case for additional stimulus measures in the coming year.   In order to support the weak...

Argentina Abandons Its Intentions To Join The Brics Alliance

Argentina has backed out of its intended admission into the growing Brics club of nations, as announced by its new president, Javier Milei. Milei claimed in a letter to the presidents of South Africa, Brazil, Russia, India, and China that decisions made by the previous administration had been...

Pharma Companies Plan To Increase The Cost Of At Least 500 Medications In The US In January

According to data analysed by healthcare research firm 3 Axis Advisors, drugmakers such as Pfizer, Sanofi, and Takeda Pharmaceutical plan to hike prices in the United States on over 500 medications in early January.   The research indicated that the costs of more than 140 prescription...

Significant Increases In Cocoa And Iron Ore In 2023 With Declining Energy Prices

Prices for cocoa and iron ore increased in 2023, but those for coal and natural gas fell. Due to supply shortages and dry weather, most agricultural items are predicted to do better in the New Year than energy and industrial metals.   Following interest rate hikes that slowed global economy...

2024 Is Not Expected To Have A Quiet Beginning

There isn't much time to recover from the New Year's celebrations because the most anticipated U.S. economic report and significant inflation data for the euro area are scheduled for the coming week, indicating a hectic start to 2024.   Ebullient financial markets may soon be put to the test...

China Wants To Secure A Swift Rebound And Increase Domestic Demand

China will work to boost stable growth, guarantee a swift economic recovery, and increase domestic demand, the parliament said in an interim report on the country's 14th five-year plan released on Wednesday.   According to Zheng Shanjie, the president of the official economic planning...

A Two-Month Surge Of Unprecedented Magnitude Recovers The Battered Bond Markets

Expectations that central banks would soon be reducing interest rates have propelled a massive two-month rebound in bond prices, saving the fixed income markets from an almost unprecedented third consecutive year of losses.   The benchmark for borrowing prices worldwide, the U.S. 10-year...

Canalys expects global PC market to grow 8% in 2024 on the back of AI integration

According to research firm Canalys, incorporation of artificial intelligence technologies into new devices is expected to drive an 8% growth in the worldwide PC market next year. Analysts of the company forecast that consumers will begin updating the gadgets they bought during the COVID-19...

China's lithium carbonate price falls to lowest since August 2021

According to Trading Economics, the price of lithium carbonate in China dropped to 97.5 thousand yuan ($13.64 thousand) per ton, the lowest since August 2021. The main cause of the over 80% decline from the previous year is believed to be an increasing overstock. Experts claim that during the...
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