Uncertainty in Global Outlook Rises Amidst, US Elections

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Reports from the United Nations show that global food prices rose in August to their highest levels since February. The Food and Agriculture Organization (FAO) Food Price Index rose from 94.1pts in July to 96.1pts in August, with the organization citing sturdier consumer demand and a weaker US dollar as the main factors behind the uptrend.

As lockdowns ease globally, resurgent demand across countries, including China, led to an increase in prices of Sorghum and Maize. One of the world’s largest sugar exporters, Thailand, continued to experience dry weather conditions, subsequently leading to a sharp dip in sugarcane production.

This, alongside stronger demand from China, led to an uptrend in August sugar prices (+8.25% MoM), as it edged up to USD13.25/lbs. Eurozone inflation remained at 1.0% in August – below the European Central Bank’s 2.0% target, while China’s inflation eased from 2.70% in July to 2.40% in August.

So far, in H2:2020, the mood has been largely positive in global financial markets as asset prices are looking to bounce back from the COVID-19 blow which triggered massive selloffs in March. This has been in concert with support from central banks who have largely retained their expansionary policies.

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In the US, while the political landscape remains heated in a build-up to the presidential elections in November, the dollar has shed some weight as investors ditch low yielding dollar securities for precious metals and higher yields elsewhere.

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Meanwhile, in the global oil market, prices reached a peak of USD46.36pb in the last week of August – the highest since March. However, the outlook for crude oil prices is still coloured by uncertainties regarding a recovery in fuel demand amidst the COVID-19 pandemic, rising U.S rig counts and incomplete supply cuts compliance from OPEC+.

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Uncertainty in Global Outlook Rises Amidst, US Elections - Brand SpurUncertainty in Global Outlook Rises Amidst, US Elections - Brand Spur

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Uncertainty in Global Outlook Rises Amidst, US Elections - Brand SpurUncertainty in Global Outlook Rises Amidst, US Elections - Brand Spur

Latest News

Greenliant Launches High Capacity 1TB microSD ArmourDrive(TM) Industrial Memory Cards

Offering Reliability, Portability and Durability at Wide Temperature Ranges

 

BEIJING, CHINA and SANTA CLARA, US - EQS Newswire - 1 March 2021 - Greenliant has expanded its ArmourDrive™ industrial memory card portfolio with the high reliability, high capacity microSD QX Series, available from 256GB to 1TB, and operating at wide temperatures (-25 to +85 degrees Celsius). See microSD ArmourDrive product information at http://bit.ly/SD-microSD.
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Uncertainty in Global Outlook Rises Amidst, US Elections - Brand Spur

High Capacity microSD ArmourDrive™ Industrial Memory Cards


Industrial microSD memory cards have become a popular storage medium for a broad range of applications, including dashcams and bodycams, data loggers, routers and switches, medical equipment and IIoT devices. Built with high quality, advanced 4-bit-per-cell (QLC) 3D NAND flash memory, microSD ArmourDrive QX Series products provide video, security, networking and industrial customers with cost effective, reliable and rugged removable data storage. UHS Speed Class 10 and SD Specification 6.10 compliant, microSD ArmourDrive QX Series cards reach up to 100/37 MB/s sequential read/write performance and are ideal for video recording at high definition resolution.


Benefits of 93 QX Series microSD ArmourDrive memory cards include:

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Availability

Greenliant will start sampling microSD ArmourDrive QX Series industrial memory cards at the end of March and expects to start production shipments in April of this year. For more information about 93 QX Series products, contact a Greenliant channel partner, https://www.greenliant.com/sales.


About Greenliant

By leveraging more than 30 years of solid state storage design expertise, Greenliant is dedicated to developing durable, reliable and secure storage solutions for embedded systems and enterprise datacenters. The company is headquartered in Silicon Valley with product development centers in Santa Clara, Beijing, Shanghai, Xiamen and Hsinchu. https://www.greenliant.com


Greenliant, the Greenliant logo and ArmourDrive are trademarks of Greenliant. All other trademarks used herein are the property of their respective owners.


Uncertainty in Global Outlook Rises Amidst, US Elections - Brand Spur
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