China has stuck with it, though. In November the government published a plan calling for the mass production of humanoids by 2025. The country’s love of...
Share: USD/CNY has declined lately generally following the swings in the Dollar. Economists at Danske Bank analyze the pair’s outlook. EUR/CNY to revert lower towards 7.70...
Share: Economists at BNP Paribas expect a bullish year for AUD/USD and NZD/USD in 2024. Positive developments in China’s economy to support Aussie and Kiwi Further...
Share: The Yuan has weakened against the Dollar by over 3% year to date. Economists at Commerzbank analyze USD/CNY outlook. China-US interest rate differentials will persist...
Share: Are the US Treasury, the US economy, and especially the US Dollar hostage to the PBoC? Ulrich Leuchtmann, Head of FX and Commodity Research at...
Share: Citing three sources with knowledge of the matter on Friday, Reuters reported that Chinese leaders agreed at an annual meeting on the economy this week...
Share: Following the release of the high-impact economic data from China for November, the National Bureau of Statistics (NBS) offered its view on the economy. Key quotes (via Reuters) China economy...
Share: NZD/USD struggles to gain ground on the downbeat New Zealand GDP numbers. US Retail Sales came in at 0.3% in November vs. -0.2% prior, above...
Share: Economists at Rabobank expect the AUD/USD pair to rise throughout the next year. Interest rate differentials look set to offer AUD support through much of...
Share: USD/CNH gains ground near 7.1960 on the cautious mood and downbeat Chinese data. The pair holds above the 50- and 100-hour EMA; RSI indicator stands...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: AUD/USD remains under some selling pressure for the fourth successive day on Thursday. China’s economic woes and RBA rate cut bets weigh on the Aussie...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: The credit rating agency Moody’s cut its outlook on China’s sovereign credit rating to negative on Tuesday, citing the increasing risks to growth and a...
Share: NIO grew deliveries by leaps and bounds in the third quarter on rising SUV sales. Job openings declined in October, while the November ISM Services...
Share: AUD/USD drifts lower for the second straight day, though lacks follow-through selling. A softer risk tone is seen as a key factor undermining the risk-sensitive...
Share: China’s official Manufacturing Purchasing Managers’ Index (PMI) contraction deepened in November, coming in at 49.4 as against the 49.5 contraction registered in October, the latest...
Share: Speaking in an interview with CNBC News on Monday, US Treasury Secretary Janet Yellen said that the “US and China recognize they have the opportunity...
Share: GBP/USD scales higher for the second straight day and remains supported by a weaker US Dollar. Dovish Fed expectations and the optimism over Chinese stimulus...
Share: BABA stock loses 8%, moving below $80. Revenue for the fiscal Q2 misses consensus by $230 million. Management decides against spinning off the cloud business for...