Latest Update in the China Rare Earth Oxides Market

Economists have been warning that 1970s-style stagflation could return in the coming more than one year, citing the highest inflation in 40 years in the US and sluggish economic growth.

After the second largest bank failure in U.S. history, the attention of U.S. stock investors began to shift from high inflation to systemic credit risk events.

Last month, Novak announced that Russia would voluntarily cut oil production by 500,000 barrels per day in March, or about 5% of the production level, in response to price cap measures imposed by Western countries on Russian energy.

Local time Tuesday (March 21), Russian Deputy Prime Minister Alexander Novak said that considering the current market situation, Russia decided to maintain oil production at a lower level before July this year.

The China Earthquake Network officially determined that at 07:31 on March 23, a magnitude 5.2 earthquake struck in the Philippine Islands.

The PBOC conducted a 64 billion yuan 7-day reverse repurchase operation today March 23, and the winning bid rate was 2.00%, which was the same as before.

The US dollar index fluctuated narrowly today, and crude oil futures fell slightly. As of 15:19 CST, the US dollar index fell 0.03%, while WTI crude oil and Brent crude oil fell about 0.5%.

The demand for high-computing GPUs has risen rapidly, and Nvidia GPUs have fallen into a severe shortage.