September 6, 2023 Today’s Economic and Trade Consulting

  

1. U.S. job openings fell in July to their lowest level in nearly two and a half years

Recently, according to data, the United States JOLTs job vacancies recorded 8.827 million people, a decrease of nearly 1 million people from the previous month, while the previous market consensus expected that the number of job vacancies would be close to 9.4 million to 9.5 million. Job openings fell more than expected in July to their lowest level in more than two years.

  

2. German goods exports fell 0.9 per cent in July from the previous month

On the 4th, according to the data released by the German Federal Statistics Office, after working days and seasonally adjusted, German goods exports in July were 130.4 billion euros, down 0.9% from the previous month; Imports were €114.5 billion, up 1.4% from the previous month. Compared with July 2022, the value of German goods exports and imports in July fell by 1.0% and 10.2%, respectively, year-on-year.

  

3. South Korea's foreign exchange reserves fell to a nine-month low in August

According to the data released by the Bank of Korea on the 5th, as of the end of August, South Korea's foreign exchange reserves stood at 418.30 billion dollars, down 3.5 billion dollars from the previous month. It was the first time in three months that South Korea's foreign exchange reserves fell to their lowest level since November, falling to a nine-month low.

   

4. Singapore's main exports have contracted for the 10th consecutive month

Recently, according to the data released by the Singapore Enterprise Development Board, Singapore's non-oil domestic exports contracted for the 10th consecutive month in July, down 20.2%, of which electronic products and non-electronic products fell, following a decline of 15.6% in June and a contraction of 14.7% in May, July continued to decline.

   

5. From September 7, AliExpress will strengthen the control of car seat belts and other related products

According to the relevant laws, regulations and regulatory requirements of the United Kingdom and the European Union, combined with the global AliExpress platform ban and restriction rules, in order to better ensure that the platform products comply with the relevant laws and regulations at home and abroad, AliExpress said that it will strengthen the control of "seat belts, seat belt extension buckles and extension belts applicable to vehicle seats." The platform said it will block goods that have not been submitted and have not passed the relevant qualification from September 7.