Chinese authorities are to clamp down on „self-media“ „bad-mouthing“ the economy 0 (0)

The Cyberspace Administration of China (CAC) is the country’s cyberspace regulator.
Says it’ll be examining accounts on social media (China describes ’self media‘ as accounts posting news that are not officially registered with authorities) posting economic and financial information, on the lookout for (example):

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Forexlive Americas FX news wrap: Fed Powell refuses to budge on setting taper timeline and sends the USD lower 0 (0)

Forex news for North American trading on August 27, 2021
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The forex markets (and other markets for that matter) have been tending to go from key event to key event.  This week, it was the keynote address from Fed Chair Powell at the Jackson Hole virtual summit.  

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Fed’s Waller: One more good jobs report will be sufficient to be able to start tapering 0 (0)

Comments from the Fed Governor
Waller has hinted at wanting to taper previously so his comments aren’t a surprise but it’s odd to see a Governor drift so far from the core of the FOMC. He has previously said he wants to see one more strong jobs report, so that’s nothing new.

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Natural gas finishes the week at a two-and-a-half year high. Why the best may still be to come 0 (0)

Natural gas up another 4.5% today
A tight US storage report yesterday sent natural gas prices into overdrive, spiking 6% yesterday and another 4.5% today.
Prices at Henry Hub are at $4.37 per MMBtu, which was a pipedream a year ago when they were at $1.80.

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