Share: China’s August Retail Sales, jump 7.6% YoY versus 7.0% expected and 5.5% previous, the latest data published by the National Bureau of Statistics (NBS) showed Wednesday. Furthermore,...
Share: RMB has gained significant market share in global payments. Economists at ANZ Bank analyze RMB internationalisation. New internationalisation opportunity for RMB As of Q3 2023,...
Share: China’s Consumer Price Index (CPI) dropped 0.2% YoY in October after stagnating at 0% in September. The market consensus was for a decrease of 0.1%. Chinese CPI inflation...
Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its gross domestic product (GDP) growth forecasts for China to 5.4% in...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: China’s newly appointed Finance Minister Lan Foan said over the weekend that the government “will accelerate the issuance and use of government bonds.” Additional quotes...
Share: China’s Services Purchasing Managers’ Index (PMI) rose to 50.4 in October, compared to 50.4 in September, the latest data published by Caixin showed on Friday....
Share: AUD/USD moves away from over a one-month high touched on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited. Australian Retail...
Share: China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly dropped to 49.5 in October, compared with September’s expansion of 50.6, the latest data published on Wednesday. The...
Share: Nvidia could lose out on more than $5 billion in sales to China. Wall Street Journal: Biden administration’s export controls on AI chips already in...
Share: A combination of factors exerts some pressure on NZD/USD during the Asian session. Hawkish Fed expectations and Elevated US bond yields help revive the USD...
Share: USD/CNY is holding steady around the 7.30 level and has been range bound between 7.24-7.36 for the past two months. Economists at Commerzbank analyze the...
Share: US Treasury Department confirmed in a statement on Tuesday that the US and China held the first meeting of the economic working group, which serves...
Share: For the time being, the weight of the Renminbi as a reserve currency and as an international trade currency is very low. Can the RMB...
Share: According to Chinese state media, the situation in Gaza is “very serious,” with the possibility of a large-scale ground conflict rising and the outlook “worrisome”...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: It seems like an eternity has passed since Chinese policy was intent on turning the Renminbi into a global trade currency. Economists at Commerzbank explain...
Share: Following the release of the high-impact economic data from China for September, the National Bureau of Statistics (NBS) expressed its outlook on the economy. Key quotes (via Reuters) Positive momentum...
Share: NZD/USD remains under some selling for the third straight day and drops to over a one-week low. The mixed Chinese inflation figures and a mildly...
Share: NIO stock has stalled out near $9, right at the 21-day simple moving average. September US CPI report showed a slight pickup in headline inflation. ...