Speaking at the annual Boao Forum on Friday, Xu Zhibin, the deputy head of the State Administration of Foreign Exchange (SAFE), said that he “will steadily...
Chinese foreign minister Wang Yi met Australia’s foreign affairs minister Penny Wong on Tuesday. During the meetings, Wong said Australia looks forward to a frank exchange...
Share: AUD/USD kicks off the new week on a weaker note in reaction to mixed Chinese inflation figures. A softer risk tone also undermines the Aussie,...
Share: China’s inflation, as measured by the Consumer Price Index (CPI), rose by 0.7% YoY in February from a 0.8% decline in January. The market consensus...
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Share: China’s Trade Balance for February, in Chinese Yuan terms, came in at CNY 890.8 billion, widening from the previous figure of CNY540.90 billion. Exports rose...
Share: NZD/USD consolidates after the recent decline post-RBNZ meeting. Economists at OCBC Bank analyze the pair’s outlook. Some unwinding of Kiwi longs may still be underway...
Share: China’s Commerce Ministry is out with a statement on Friday following the conclusion of a two-day national trade work conference. Key quotes “China’s trade faces...
Share: The New Zealand Dollar (NZD) has had a strong month of February, emerging as the best-performing G10 currency. Economists at ING analyze Kiwi’s outlook. NZD/USD...
Share: USD/CNY has largely traded close to 7.2000 since mid-January. Economists at Commerzbank analyze Chinese Yuan’s (CNY) outlook. USD/CNY will stay at the 7.2000 level We...
Share: China’s Commerce Ministry said on Monday, “the US falsely claims that China has created ‘overcapacity’, which fully reflects the US side’s unilateralism and hegemonic behavior.”...
Share: Strategists at ANZ Bank analyze the global liquified natural gas (LNG) outlook. Risks remain skewed to fundamentals becoming tighter this year, they say. Risks of...
Share: USD/CNH attempts to retrace its recent gains on the subdued US Dollar. Chinese CPI declined by 0.8% YoY against the expected 0.5% decline. Fed members’...
Share: NZD/USD gains ground near 0.6118 amid the softer USD, solid New Zealand Q4 labor market data. The Reserve Bank of New Zealand could raise interest...
Share: China’s Consumer Price Index (CPI) dropped 0.8% YoY in January, having declined 0.3% in December. The market expectation was for a 0.5% decrease. Chinese CPI inflation climbed to...
Share: Alibaba management approves another $25 billion worth of buybacks. BABA trades lower as profits fall from a year ago, revenue growth slows. Alibaba stock continues...
Share: AUD/JPY gains strong positive traction on Tuesday, though the upside potential seems limited. The AUD strengthens after the RBA decided to leave the Official Cash...
Share: Economists at CIBC Capital Markets do not expect the Australian Dollar to weaken and retain their AUD/USD forecast of 0.6600 in the first quarter of...
Share: AUD/JPY drifts lower for the third straight day and seems vulnerable to sliding further. Softer domestic inflation lifts August RBA rate cut bets and undermines...
Share: China’s Vice Finance Minister Wang Dongwei said on Thursday that they “will appropriately increase investment under the central government budget.” Additional takeaways 2023 tax and...