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...
Share: Economists at Commerzbank discuss the Dollar’s status as a reserve and trade currency. No threat to the Dollar’s special status The fact that China has...
Share: The People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1466 on Thursday, versus the previous fix of 7.1486 and market expectations of...
Share: China’s Ambassador to Washington Xie Feng crossed wires late Wednesday, via Reuters, while speaking at the Aspen Security Forum where he criticized the US consideration...
Share: China’s Commerce Ministry announced in a statement on Tuesday, a series of measures that will help boost the consumption of household consumer goods and services....
Share: During his meeting with China’s top diplomat Wang Yi on Tuesday, US Climate Envoy John Kerry told him that “our hope is now that this...
Share: AUD/USD reverses from intraday high after unimpressive RBA Minutes. RBA Minutes for July suggest policymakers’ readiness for an August rate hike, if needed. Cautious optimism,...
Share: AUD/USD remains depressed after two-day losing streak, fades late Monday’s corrective bounce. Fears surrounding China, dovish concerns about RBA joins market’s inflation woes to keep...
Share: USD/JPY meets with some supply on Monday and is pressured by a combination of factors. Speculations that the BoJ will tweak its YCC policy and...
Share: “The Pacific region is becoming more contested and less secure as China becomes more assertive,” said New Zealand Prime Minister (PM) Chris Hipkins in a...