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June 27 Summary of Xinhua World Economic News at 1030 GMT

Foreign direct investment in Amman-Jordan increased by 2% in 2020 to about 497 million dinars (US $ 701 million), the Jordanian Investment Commission’s deputy chairman said in a statement on Saturday. ..

Faridoun Hartouqa said in a statement that a total of 376 investments were reported in 2020, expected to create about 24,000 jobs. (Jordan-FDI)

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Chicago-Chicago Board of Trade (CBOT) agricultural futures fell during last week’s positioning, Chicago-based research firm AgResource pointed out.

China has secured US soybeans and is said to be interested in US corn at current levels. Whether China will take advantage of this break to extend its coverage of futures purchases will be closely monitored. AgResource remains bullish amid rising post-pandemic demand, with a couple of weeks of modifications opening up new buying opportunities.

CBOT corn fell as liquidation accelerated due to Midwestern rainfall and the US Supreme Court’s decision to allow the Environmental Protection Agency (EPA) to grant biofuel exemptions for smaller refineries. (US-Agricultural Futures)

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New York-US stocks moved forward last week as investors analyzed Federal Reserve Chairman Jerome Powell’s remarks and a wealth of economic data.

In the week ending Friday, the Dow surged 3.4 percent, the S & P 500 rose 2.7 percent, and the tech-heavy Nasdaq Composite index rose 2.4 percent.

The S & P US Listed China 50 Index is designed to track the performance of the 50 largest Chinese companies listed on the US exchange by market capitalization, with a weekly 4% increase. (US-Stocks-Weekly Profit)

June 27 Summary of Xinhua World Economic News at 1030 GMT

Source link June 27 Summary of Xinhua World Economic News at 1030 GMT

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