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- iamkelvinlawiamkelvinlaw
  ·2021-05-27
  Wowwww..
  President Biden will propose a $6 trillion budget, documents obtained by The Times show.
  President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising
  President Biden will propose a $6 trillion budget, documents obtained by The Times show.
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- iamkelvinlawiamkelvinlaw
  ·2021-05-27
  .
  U.S. Senate panel advances EV tax credit of up to $12,500
  By David Shepardson WASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legisl
  U.S. Senate panel advances EV tax credit of up to $12,500
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- iamkelvinlawiamkelvinlaw
  ·2021-05-27
  Nice
  Sorry, this post has been deleted
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- iamkelvinlawiamkelvinlaw
  ·2021-05-27
  ...
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- iamkelvinlawiamkelvinlaw
  ·2021-05-25
  Omg
  Sorry, this post has been deleted
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- iamkelvinlawiamkelvinlaw
  ·2021-05-25
  Ygubhj
  Yuan jumps to 3-yr high, investors wary of PBOC pressure
  SHANGHAI, May 25 (Reuters) - China's yuan jumped to a near three-year high against a weaker dollar o
  Yuan jumps to 3-yr high, investors wary of PBOC pressure
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- iamkelvinlawiamkelvinlaw
  ·2021-05-25
  .......
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- iamkelvinlawiamkelvinlaw
  ·2021-05-25
  Nice
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president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Biden will propose a $6 trillion budget, documents obtained by The Times show.</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPresident Biden will propose a $6 trillion budget, documents obtained by The Times show.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 20:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188205901","content_text":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132654356,"gmtCreate":1622087385775,"gmtModify":1704179220141,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132654356","repostId":"2138147121","repostType":4,"repost":{"id":"2138147121","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622083892,"share":"https://ttm.financial/m/news/2138147121?lang=&edition=fundamental","pubTime":"2021-05-27 10:51","market":"us","language":"en","title":"U.S. Senate panel advances EV tax credit of up to $12,500","url":"https://stock-news.laohu8.com/highlight/detail?id=2138147121","media":"Reuters","summary":"By David Shepardson\nWASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legisl","content":"<p>By David Shepardson</p>\n<p>WASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.</p>\n<p>The bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.</p>\n<p>Both General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.</p>\n<p>The \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.</p>\n<p>The EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.</p>\n<p>That would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.</p>\n<p>The EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.</p>\n<p>The bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.</p>\n<p>President Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.</p>\n<p>United Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"</p>\n<p>Stabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.</p>\n<p>\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"</p>\n<p>Republicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.</p>\n<p>\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"</p>\n<p>(Reporting by David Shepardson; Editing by Lincoln Feast.)</p>\n<p>((David.Shepardson@thomsonreuters.com; 2028988324;))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Senate panel advances EV tax credit of up to $12,500</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Senate panel advances EV tax credit of up to $12,500\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-27 10:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By David Shepardson</p>\n<p>WASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.</p>\n<p>The bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.</p>\n<p>Both General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.</p>\n<p>The \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.</p>\n<p>The EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.</p>\n<p>That would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.</p>\n<p>The EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.</p>\n<p>The bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.</p>\n<p>President Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.</p>\n<p>United Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"</p>\n<p>Stabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.</p>\n<p>\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"</p>\n<p>Republicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.</p>\n<p>\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"</p>\n<p>(Reporting by David Shepardson; Editing by Lincoln Feast.)</p>\n<p>((David.Shepardson@thomsonreuters.com; 2028988324;))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","F":"福特汽车","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138147121","content_text":"By David Shepardson\nWASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.\nThe bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.\nBoth General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.\nThe \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.\nThe EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.\nThat would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.\nThe EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.\nThe bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.\nPresident Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.\nUnited Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"\nStabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.\n\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"\nRepublicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.\n\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"\n(Reporting by David Shepardson; Editing by Lincoln Feast.)\n((David.Shepardson@thomsonreuters.com; 2028988324;))","news_type":1,"symbols_score_info":{"GM":0.9,"TSLA":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":1218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132652753,"gmtCreate":1622087318572,"gmtModify":1704179218194,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132652753","repostId":"1146459355","repostType":4,"isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132652549,"gmtCreate":1622087298981,"gmtModify":1704179218032,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132652549","repostId":"1146459355","repostType":4,"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138836013,"gmtCreate":1621924429132,"gmtModify":1704364532397,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138836013","repostId":"1175412440","repostType":4,"isVote":1,"tweetType":1,"viewCount":1377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138142988,"gmtCreate":1621920705544,"gmtModify":1704364478172,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Ygubhj","listText":"Ygubhj","text":"Ygubhj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138142988","repostId":"2138816831","repostType":4,"repost":{"id":"2138816831","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621918341,"share":"https://ttm.financial/m/news/2138816831?lang=&edition=fundamental","pubTime":"2021-05-25 12:52","market":"fut","language":"en","title":"Yuan jumps to 3-yr high, investors wary of PBOC pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=2138816831","media":"Reuters","summary":"SHANGHAI, May 25 (Reuters) - China's yuan jumped to a near three-year high against a weaker dollar o","content":"<p>SHANGHAI, May 25 (Reuters) - China's yuan jumped to a near three-year high against a weaker dollar on Tuesday, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>The onshore yuan opened at 6.4110 per dollar and jumped to a high of 6.4030, the strongest level since June 2018 and a tad below the psychologically important 6.4 per dollar level.</p><p>By midday, it was changing hands at 6.4117, 83 pips firmer than the previous late session close.</p><p>\"The RMB still sees the firmest appreciation pressure, and this translates to the 6.4000 being still in the spotlight,\" strategists at OCBC Bank said in a note.</p><p>Several traders said the yuan's strength reflected the greenback's overnight weakness following softer-than-expected U.S. data and affirmations from Federal Reserve officials that policy would stay on hold.</p><p>But the onshore spot yuan was stuck at around 6.41 per dollar level after leaps in initial trade as investors worried a too rapid rise in the currency could prompt state-run banks to step in to rein in strength.</p><p>Rapid yuan moves in either direction are not ideal for the central bank, said a trader at a Chinese bank.</p><p>Many analysts and economists said a too strong yuan could hurt the country's exporters despite external trade remaining resilient in the first quarter of this year.</p><p>\"In our view, the People's Bank of China (PBOC) is aware of the RMB appreciation risk given slowing China (economic) growth momentum in Q1 and still uneven recovery,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.</p><p>\"The CNY fixings in coming days will be monitored for any PBOC FX policy guidance.\"</p><p>Markets believed that the official midpoint fixing is <a href=\"https://laohu8.com/S/AONE\">one</a> of the key signals showing authorities' attitude toward the yuan's levels. Prior to market opening on Tuesday, the PBOC set the midpoint rate    at 6.4283 per dollar, 125 pips or 0.19% firmer than the previous fix of 6.4408. It was 23 pips weaker than Reuters' estimate of 6.426.</p><p>The PBOC over the weekend urgently reiterated no change to the currency policy after comments from central bank researchers that had unnerved the market.</p><p>One researcher felt China should free up the exchange rate over time to support wider global adoption of the currency, while another said the exchange rate target could be dropped to allow further strengthening to offset rising commodity prices.</p><p>The offshore yuan    also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.</p><p>The global dollar index fell to 89.759 at midday from the previous close of 89.855.</p><p>Divergence of the dollar/yuan exchange rate. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.</p><p>(Reporting by Winni Zhou and Andrew Galbraith; Editing by Sam Holmes)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yuan jumps to 3-yr high, investors wary of PBOC pressure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYuan jumps to 3-yr high, investors wary of PBOC pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-25 12:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, May 25 (Reuters) - China's yuan jumped to a near three-year high against a weaker dollar on Tuesday, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>The onshore yuan opened at 6.4110 per dollar and jumped to a high of 6.4030, the strongest level since June 2018 and a tad below the psychologically important 6.4 per dollar level.</p><p>By midday, it was changing hands at 6.4117, 83 pips firmer than the previous late session close.</p><p>\"The RMB still sees the firmest appreciation pressure, and this translates to the 6.4000 being still in the spotlight,\" strategists at OCBC Bank said in a note.</p><p>Several traders said the yuan's strength reflected the greenback's overnight weakness following softer-than-expected U.S. data and affirmations from Federal Reserve officials that policy would stay on hold.</p><p>But the onshore spot yuan was stuck at around 6.41 per dollar level after leaps in initial trade as investors worried a too rapid rise in the currency could prompt state-run banks to step in to rein in strength.</p><p>Rapid yuan moves in either direction are not ideal for the central bank, said a trader at a Chinese bank.</p><p>Many analysts and economists said a too strong yuan could hurt the country's exporters despite external trade remaining resilient in the first quarter of this year.</p><p>\"In our view, the People's Bank of China (PBOC) is aware of the RMB appreciation risk given slowing China (economic) growth momentum in Q1 and still uneven recovery,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.</p><p>\"The CNY fixings in coming days will be monitored for any PBOC FX policy guidance.\"</p><p>Markets believed that the official midpoint fixing is <a href=\"https://laohu8.com/S/AONE\">one</a> of the key signals showing authorities' attitude toward the yuan's levels. Prior to market opening on Tuesday, the PBOC set the midpoint rate    at 6.4283 per dollar, 125 pips or 0.19% firmer than the previous fix of 6.4408. It was 23 pips weaker than Reuters' estimate of 6.426.</p><p>The PBOC over the weekend urgently reiterated no change to the currency policy after comments from central bank researchers that had unnerved the market.</p><p>One researcher felt China should free up the exchange rate over time to support wider global adoption of the currency, while another said the exchange rate target could be dropped to allow further strengthening to offset rising commodity prices.</p><p>The offshore yuan    also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.</p><p>The global dollar index fell to 89.759 at midday from the previous close of 89.855.</p><p>Divergence of the dollar/yuan exchange rate. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.</p><p>(Reporting by Winni Zhou and Andrew Galbraith; Editing by Sam Holmes)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CYB":"人民币ETF-WisdomTree Dreyfus"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138816831","content_text":"SHANGHAI, May 25 (Reuters) - China's yuan jumped to a near three-year high against a weaker dollar on Tuesday, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.The onshore yuan opened at 6.4110 per dollar and jumped to a high of 6.4030, the strongest level since June 2018 and a tad below the psychologically important 6.4 per dollar level.By midday, it was changing hands at 6.4117, 83 pips firmer than the previous late session close.\"The RMB still sees the firmest appreciation pressure, and this translates to the 6.4000 being still in the spotlight,\" strategists at OCBC Bank said in a note.Several traders said the yuan's strength reflected the greenback's overnight weakness following softer-than-expected U.S. data and affirmations from Federal Reserve officials that policy would stay on hold.But the onshore spot yuan was stuck at around 6.41 per dollar level after leaps in initial trade as investors worried a too rapid rise in the currency could prompt state-run banks to step in to rein in strength.Rapid yuan moves in either direction are not ideal for the central bank, said a trader at a Chinese bank.Many analysts and economists said a too strong yuan could hurt the country's exporters despite external trade remaining resilient in the first quarter of this year.\"In our view, the People's Bank of China (PBOC) is aware of the RMB appreciation risk given slowing China (economic) growth momentum in Q1 and still uneven recovery,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.\"The CNY fixings in coming days will be monitored for any PBOC FX policy guidance.\"Markets believed that the official midpoint fixing is one of the key signals showing authorities' attitude toward the yuan's levels. Prior to market opening on Tuesday, the PBOC set the midpoint rate    at 6.4283 per dollar, 125 pips or 0.19% firmer than the previous fix of 6.4408. It was 23 pips weaker than Reuters' estimate of 6.426.The PBOC over the weekend urgently reiterated no change to the currency policy after comments from central bank researchers that had unnerved the market.One researcher felt China should free up the exchange rate over time to support wider global adoption of the currency, while another said the exchange rate target could be dropped to allow further strengthening to offset rising commodity prices.The offshore yuan    also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.The global dollar index fell to 89.759 at midday from the previous close of 89.855.Divergence of the dollar/yuan exchange rate. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.(Reporting by Winni Zhou and Andrew Galbraith; Editing by Sam Holmes)","news_type":1,"symbols_score_info":{"CYB":0.9,"UCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138146424,"gmtCreate":1621920678468,"gmtModify":1704364477356,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":".......","listText":".......","text":".......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138146424","repostId":"2137132568","repostType":4,"isVote":1,"tweetType":1,"viewCount":1353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138148447,"gmtCreate":1621920605289,"gmtModify":1704364476373,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138148447","repostId":"1103175670","repostType":4,"isVote":1,"tweetType":1,"viewCount":1134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}