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Analysts from Huaxi Securities said in a report released on Monday that the weakening major economic indicators in the US due to the COVID-19 epidemic, combined with the raised expectations for further fiscal expansion, have exerted more downward pressure on the US dollar. As a result, commodities priced in the US dollar have been valued higher while global capital is flowing at a faster pace into non-US markets, especially the A-share market.

An undated file photo of Maria Butina (R) in Moscow, Russia. [Photo/IC]

Analysts said under such circumstances China, which has been BMW's largest market for years, will appear even more important for the carmaker.

Analysts said the tertiary industry, accounting for over half of China's GDP last year, has served as the ballast stone for a stable job market as services, mainly labor-intensive sectors, are more effective in creating new job opportunities than the traditional secondary industry.

An update posted to the AWS Service Health Dashboard just before 10 a.m. PT detailed an issue with the Kinesis Data Streams API affecting the US-East-1 Region. Amazon Kinesis help companies process large amounts of real-time data including video, audio, application logs, and more. The problem “has also affected our ability to post updates to the Service Health Dashboard,” AWS said.