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: AUD/USD remains under some selling pressure for the fourth successive day on Thursday. China’s economic woes and RBA rate cut bets weigh on the Aussie...
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: The credit rating agency Moody’s cut its outlook on China’s sovereign credit rating to negative on Tuesday, citing the increasing risks to growth and a...
Share: NIO grew deliveries by leaps and bounds in the third quarter on rising SUV sales. Job openings declined in October, while the November ISM Services...
Share: AUD/USD drifts lower for the second straight day, though lacks follow-through selling. A softer risk tone is seen as a key factor undermining the risk-sensitive...
Share: China’s official Manufacturing Purchasing Managers’ Index (PMI) contraction deepened in November, coming in at 49.4 as against the 49.5 contraction registered in October, the latest...
Share: Speaking in an interview with CNBC News on Monday, US Treasury Secretary Janet Yellen said that the “US and China recognize they have the opportunity...
Share: GBP/USD scales higher for the second straight day and remains supported by a weaker US Dollar. Dovish Fed expectations and the optimism over Chinese stimulus...
Share: BABA stock loses 8%, moving below $80. Revenue for the fiscal Q2 misses consensus by $230 million. Management decides against spinning off the cloud business for...
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...