fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

28 November 2022,05:56

Weekly Outlook

Covid Protests Erupt Across China

28 November 2022, 05:56

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

As frustrations mount over China’s zero covid policy and continued lockdowns, protests, a rare sight in China, have sprung up all over the country. The lastest happened on Sunday, where protesters and and police clashed in Shanghai. In Wuhan, Chengdu and the capital of Beijing, demonstraters have also taken to the streets, citing disatisfaction with the strict anti-covid measures imposed. Last Thursday, a fire in the Xinjiang region killed 10, an event that many has attributed partly to the lockdowns. None of the protests have turned violent so far, although mamy have been arrested. Covid numbers have hit record highs of 40,000 in China, prompting a wave of lockdowns across the country. Equity markets have reacted largely negatively to the turmoil in the world’s second-largest economy, with the HSI sinking 3% overnight.

US Black Friday Sales Top $9 Billion

According to Adobe Analytics, $9.12 billion was spent on online shopping by consumers, up 2.3% from last year even as the country grappls with record-high inflation. Meanwhile, shoppers spent $5.3 billion on Thanksgiving, up 2.9% from the previous year. Electronics, toys, and exercise equipment led the purchases, which have been a positive indicator for the upcoming spending that will usually follow Black Friday, including Christmas.

DOGE Sees Surprise Surge

Even as most cryptos continue to tumble, Dogecoin saw a sudden16% surge over the weekend, rising nearly 50% since last week in a jump that many are struggling to pinpoint the reason for. The meme coin is closely associated with Tesla founder and now-Twitter owner Elon Musk, who has expressed his support of it in the past. The latest rise might have been due to Musk’s recent comments that he is “working hard” on DOGE, while others have also speculated on the involvement of Ethereum founder Vitalik Buterin.

把握優勢,開始交易

以行業低點差和閃電般的執行速度交易外匯、指數、貴金屬等。

  • 在我們的Standard賬戶上以最低 50 美元的入金金額開始交易。
  • 獲得全天候支持。
  • 獲取數百種交易工具、免費教學器材和最佳的優惠活動。
立即加入

Latest Posts

簡單快速的開設賬戶

開設真實賬戶
  • 1

    即刻申請

    通過無障礙程序註冊PU Prime真實賬戶

  • 2

    輕鬆入金

    通過多種渠道及可接受的貨幣輕鬆地為您的賬戶入金

  • 3

    開始交易

    在市場領先的交易條件下,交易數百種產品

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!