Share: AUD/USD declined sharply following the surge in worries related to the Chinese real estate sector and financial stability. Economists at Danske Bank analyze the pair’s...
Share: “It is concerning to see the weakness, the softness, in the recent weeks and months in the Chinese economy because it has obvious implications for...
Share: AUD/USD renews intraday high while bouncing off one-week low after declining in the last six consecutive weeks. Australia Retail Sales for July rises 0.5% versus...
Share: Following her meeting with Chinese Commerce Minister Wang Wentao in Beijing early Monday, US Commerce Secretary Gina Raimondo said, “it is profoundly important that the...
Share: Gold price attracts some buyers during the Asian session, albeit lacks follow-through. A modest US Dollar downtick turns out to be a key factor lending...
Share: Analyst at Danske Bank offers a brief overview of new measures rolled out by China on Sunday, to draw investors back into its battered stock...
Share: NZD/USD gains positive traction for the second straight day and is supported by a softer USD. Retreating US bond yields and a positive risk tone...
Share: Nio loses more than 4% in Tuesday’s premarket. Q2 results showed revenue dropping 15% YoY. Q2 adjusted EPADS missed estimated by $0.04. Vehicle margin improved from...
Share: Early Wednesday in Asia, China’s embassy in the US defended its cybersecurity review on the US chipmaker Micron by citing the national security concerns, especially...
Share: Gold Price remains sidelined at three-week high, prods two-day uptrend. Mixed concerns about China, cautious mood ahead of top-tier US data and sluggish yields test...
Share: USD/CNH is still seen within the 7.2500-7.3300 range for the time being, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB...
Share: USD/CNH takes offers to reverse the previous day’s recovery moves, the first in three. China NBS Manufacturing PMI improves, Non-Manufacturing PMI eases in August. Convergence...
Share: According to the latest data published on Friday, China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) jumped back into the expansion territory, coming in at 51.0...
Share: Chinese government signals support for clean energy, transportation, economy. Nio stock added 10.9% on Monday to reach highest level since February. The Hang Seng index...
Share: AUD/USD gains strong positive traction in the wake of hopes for more stimulus from China. A positive risk tone prompts selling around the USD and...
Share: USD/CAD trades with a mild negative bias for the second consecutive day on Tuesday. Bullish Crude Oil prices underpin the Loonie and exert pressure amid...
Share: USD/CNH drops to more than one-week low, stays pressured near intraday bottom of late. PBoC keeps defending Yuan with heavy OMOs, pours cold water on...
Share: AUD/USD reverses modest intraday losses and draws support from subdued USD price action. Hopes for more Chinese stimulus and bets on additional RBA rate hikes...
Share: WTI crude oil treads water after rising the previous day, appears well set for a four-week uptrend. Downbeat EIA inventories join China stimulus to provide...
Share: Nio stock is falling behind similar EV stocks in 2023. Deliveries fell YoY both in June and in Q2. Nio shared in the fallout of...