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...
Share: AUD/USD stays defensive while keeping three-day rebound from yearly low. Australia’s S&P Global PMIs for August came in softer but headlines suggesting improvement in US-China...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1988 on Wednesday, versus the previous fix of 7.1992 and market expectations of 7.3050. It’s worth noting that...
Share: Economists at Société Générale make an upward revision to USD/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1886 on Thursday, versus the previous fix of 7.1988 and market expectations of 7.2791. It’s worth noting...
Share: Asian equities climb on Thursday after Nvidia reported stronger-than-expected results. The concern about the economic slowdown in China remains in focus. The Bank of Korea...
Share: Kit Juckes, Chief Global FX Strategist at Société Générale, notes that China’s troubles are set to weigh on AUD, NZD and JPY. The cracks in...
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...