“Oil producers may have to reconsider their output policies following a demand recovery in China, the world’s second-largest oil consumer,” International Energy Agency (IEA) Executive Director...
China’s Caixin Manufacturing pmi for January rises slightly to 49.2 vs. 49.5 expected and 49.0 previous, showing the positive impact of the country’s covid reopening on...
Apple stock trades lower in Tuesday premarket. Fed interest rate announcement on Wednesday is holding back markets. The NASDAQ is trading lower for the second session...
Asia-Pacific equities trade mixed, grinding lower of late as traders remain cautious ahead of top-tier data/events. Upbeat China PMI, IMF growth forecasts join Covid-linked headlines to...
Gold price prints the first daily gain in four while reversing from the monthly support line. Market sentiment improves on upbeat China Purchasing Managers’ Indexes, International...
The Biden administration’s successful effort to bring Japan and the Netherlands on board with its chip-sector export restrictions to China is a victory for US diplomacy....
China’s Baidu Inc. has thrust itself into a global race to commercialize the next-generation of artificial-intelligence technologies like ChatGPT that could bring major transformations to the...
Nio stock has advanced more than 5% in the premarket. Elon Musk said Chinese EV companies are the ‘smartest’. Tesla reported Q4 earnings late Wednesday that...
WTI oscillates in a limited territory around $81.50 amid the absence of a potential trigger. The upside in the oil price is capped amid rising worries...
USD/CAD turns lower for the second straight day and is pressured by a combination of factors. Bullish crude oil prices underpin the Loonie and weigh on...
AUD/USD drifts into negative territory for the second straight day amid firmer USD. Rebounding US bond yields and a softer risk tone benefit the safe-haven Greenback....
USD/CAD oscillates in a narrow band and is influenced by a combination of diverging forces. A modest uptick in crude oil prices underpins the Loonie and...
NZD/USD prints mild gains on upbeat China data. China Q4 GDP joins Industrial Production, Retail Sales for December to please Kiwi buyers. Mixed sentiment, sluggish yields...
AUD/USD steadies after reversing from five-month high, inactive of late. Market sentiment remains dicey amid US holiday, cautious mood ahead of key data from China, Australia....
AUD/USD gains some follow-through traction on Monday and climbs to a fresh five-month high. Bets on smaller Fed rate hikes, a positive risk tone undermines the...
For the first time ever, the People’s Bank of China (PBOC) has included its central bank digital currency (CBDC) in official cash reports. China’s digital yuan,...
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Oil prices have turned sideways after failing to extend recovery to near $80.00. The black gold price has not run out of steam as the US...
Alibaba Group Holding Limited (BABA) is a multinational technology conglomerate that has footprints in e-commerce, retail, logistics, artificial intelligence, cloud computing and finance services. It provides...
A spokesperson from China Customs said on Friday, “Foreign trade still faces many challenges and difficulties this year.” “Fundamentals of long-term improvement remain unchanged, and the...