Share: Economists at ABN Amro note that China’s Manufacturing PMIs improved in August, narrowing the gap between services and manufacturing. Key quotes “China’s PMIs for August published...
Huawei Technologies has collaborated with China’s leading semiconductor manufacturer, SMIC, to develop an advanced 7-nanometer processor for its latest smartphone, as revealed in a teardown analysis...
Ernie’s reticence will come as no shock to Chinese users familiar with a heavily censored internet. They may be more surprised by the AI’s origins. For...
Share: China’s Services Purchasing Managers’ Index (PMI) fell sharply to 51.8 in August, as against an expansion of 54.1 seen in July, according to the latest...
Share: Gold Price fades bullish bias as full markets return after long weekend in the United States. Mixed sentiment about China, Federal Reserve prod XAU/USD buyers....
Share: Further downside in USD/CNH appears likely on a breach of 7.2390, argue Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group....
Share: NZD/USD regains positive traction on Monday and is supported by subdued USD price action. The upbeat market mood undermines the safe-haven buck and benefits the...
Share: Global rating agency Moody’s cuts its economic growth forecasts for China, as well as revise up the US Gross Domestic Product (GDP) predictions in its...
Share: “China will promote the integrated development of high-end manufacturing and modern service industries,” said Chinese President Xi Jinping while speaking via video at the China International...
Share: AUD/USD turns lower for the sixth straight day and slides back closer to the YTD low. China’s economic woes continue to exert pressure on the...
Share: Gold Price stays defensive at key technical levels, pressured around multi-day low of late. XAU/USD fails to cheer US Dollar’s previously sluggish moves, risk aversion...
Share: The Reserve Bank of New Zealand (RBNZ) kept the Official Cash Rate (OCR) unchanged at 5.50%. Economists at MUFG Bank analyze NZD outlook after the...
Share: AUD/USD touched levels below 0.64 after the release of the softer-than-expected Australian July labour report. Economists at Rabobank analyze Aussie outlook. Under pressure It is...
Share: Asian stock markets edge lower amid the fear of more rates hike, China’s economic woes. Evergrande, China’s second-largest real estate company filed for bankruptcy in...
Share: It is quite a success for EUR/USD to be trading around 1.0900. Economists at ING analyze the pair’s outlook. Surprisingly resilient It does look like...
Share: US Dollar Index consolidates weekly gains above 103.00. Economists at ING analyze DXY’s outlook. Balance of risks is moderately tilted to the upside for the...
Share: Economists at ING analyze EUR/GBP outlook. The 0.8500 support is under threat The Sonia curve is fully pricing in a 6.0% peak rate in the...
Share: AUD/USD remains depressed at YTD low after five-week losing streak. Weekend news from China pauses further downside of Aussie pair ahead of top-tier data/events. PBoC...
Share: USD/CNH picks up bids to refresh intraday high after China infuses market liquidity. PBoC cuts one-year LPRs, China Commerce Ministry offers help to farmers. Mixed...
Share: AUD/USD gains some follow-through positive traction and climbs to a multi-day top on Tuesday. A recovery in the risk sentiment, retreating US bond yields weigh...