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Do you know United States ADP employment increased by 571000 in October, compared with an estimated increase of 400000, compared with a previous increase of 568000. It’s a new high since June. More news in the world,kind check CFM’s news today .

1. WTO: global exports of intermediate goods increased by 47% in the second quarter compared with the same period last year, with the largest increase in African exports. According to the report, China maintained rapid growth in IG imports and exports in the second quarter, while Australia’s IG exports and India’s imports increased the most. In terms of industry, the growth of global transport equipment is the strongest.

2. The trade deficit in goods and services rose 11.2 per cent to $80.9 billion in September from a revised $72.8 billion in August, according to data released by the Commerce Department on Thursday. Exports fell 3 per cent to $207.6 billion in September as gold and crude oil exports fell. The widening trade deficit in September meant that trade continued to be a drag on GDP in the quarter.

3. United Nations: the rate of global urban warming is twice the global average. If greenhouse gas emissions remain high, temperatures in many cities may rise by 4 ℃ by the end of the century. Even with global warming of 1.5C, 2.3 billion people may be vulnerable to severe heat waves.

4. The United States: in September, the trade deficit reached an all-time high of 80.9 billion US dollars, with an estimated deficit of 80.2 billion US dollars, compared with a previous deficit of 73.3 billion US dollars.

5. On November 2, the ASEAN Secretariat, the custodian of the Regional Comprehensive Economic Partnership Agreement (RCEP), issued a notice announcing that six ASEAN members, including Brunei, Cambodia, Laos, Singapore, Thailand and Vietnam, and four non-ASEAN members, including China, Japan, New Zealand and Australia, had formally submitted their instruments of ratification to the Secretary-General of ASEAN, reaching the threshold for entry into force of the Agreement. According to the agreement, the RCEP will enter into force for the above-mentioned ten countries on January 1, 2022.

6. The Fed’s FOMC statement shows that it will launch a debt retrenchment program in November, reducing monthly asset purchases by $15 billion; it will accelerate the pace of debt withdrawal in December; and adjust its monthly purchases of government bonds and MBS to $70 billion and $35 billion, respectively. The reason for the rise in inflation is expected to be temporary and is prepared to adjust the pace of shrinking bond purchases if necessary. Purchases of treasury bonds and institutional mortgage-backed securities in December were adjusted to $60 billion and $30 billion, respectively.

7. Lufthansa: in the third quarter, Lufthansa made a profit of 17 million euros before interest and tax, the first time the company has made a profit since the outbreak, which is also much higher than expected. Analysts had expected a loss of 33 million euros in the third quarter. It lost 1.26 billion euros in the same period last year.

8 United States: ADP employment increased by 571000 in October, compared with an estimated increase of 400000, compared with a previous increase of 568000. It’s a new high since June.

9. Audi CEO: chip supply is expected to remain tight until at least the summer of 2022. We hope to achieve a steady state of production and chip delivery by the end of the first half of 2022. Volkswagen, Europe’s largest carmaker, last week cut its delivery outlook and sales forecasts and warned of layoffs as a result of chip shortages that led to lower-than-expected third-quarter operating profit.


Post time: Nov-05-2021

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