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The US Senate nod to President Biden s new stimulus package and strong economic readings globally upbeat numbers in US payroll report and data showing a surge in Chinese February exports may send domestic stocks soaring on Monday. Crude
oil that zipped past $70 a barrel, however, may play spoiler.
Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday.
Tech View: Nifty charts show weak trend
Nifty50 on Friday slipped below the immediate resistance at the 15,000 mark. The index ended the session forming a Spinning Top candle on the daily scale and a Shooting Star-like candle on the weekly chart. Analysts said the index is likely to test lower levels in the coming days.
By Chen Weihua | China Daily | Updated: 2021-02-05 07:41 [Photo/Agencies]
With the Joe Biden administration busy reversing the previous administration s policies, there is hope it would also reverse the regressive trend former president Donald Trump s set for China-US relations.
The Trump administration s trade war, tech war, suspension of bilateral exchange mechanisms and McCarthyist measures against Chinese journalists and media outlets and the Confucius Institutes in the United States should all be abandoned.
The most consequential bilateral relationship deserves the urgent attention of the US administration despite the extremely long list of domestic priorities for President Biden. Competition is welcome but as long as it is fair, open and based on rules－attempts to sabotage China s development during the Trump era cannot be called competition. The Trump administration s persecution of Huawei in the 5G rollout is a case in point.
[Photo/Agencies]
With the Joe Biden administration busy reversing the previous administration s policies, there is hope it would also reverse the regressive trend former president Donald Trump s set for China-US relations.
The Trump administration s trade war, tech war, suspension of bilateral exchange mechanisms and McCarthyist measures against Chinese journalists and media outlets and the Confucius Institutes in the United States should all be abandoned.
The most consequential bilateral relationship deserves the urgent attention of the US administration despite the extremely long list of domestic priorities for President Biden. Competition is welcome but as long as it is fair, open and based on rules－attempts to sabotage China s development during the Trump era cannot be called competition. The Trump administration s persecution of Huawei in the 5G rollout is a case in point.
At-home training keeps on-trade motivated 18th January, 2021 by Owen Bellwood
Nearly half of hospitality workers offered at-home training during lockdown said it improved their impression of their employer, a new survey has found.
Nearly half of workers offered training during lockdown said it improved their impression of their employer
A survey carried out by CGA and CPL Learning of hospitality professionals found that 46% of workers that took external courses during lockdown said it had improved their impression of their employer.
CGA also found that 56% of workers were generally satisfied with the learning development opportunities they get in their work, but this number dropped to 46% during lockdown.
CAI will benefit China, EU and rest of the world By Han Bing | China Daily | Updated: 2021-01-11 10:38 Share CLOSE Workers finish loading cargo for a Hamburg-bound shipment in Xiamen, Fujian province, on Nov 13. Trade between China and the EU grew in the first 11 months of last year. [Photo/Xinhua]
In the past year, the unprecedented business environment created by the pandemic has greatly dampened the investment confidence of international investors.
On Dec 30, Chinese and European leaders jointly announced the completion of the China-European Union Comprehensive Agreement on Investment (CAI) negotiations as scheduled.
This undoubtedly brought a ray of certainty to the current international business environment full of instability and uncertainty.