Benchmarks indices and currencies from the Dow to the Dollar continue to burn through volatility, but meaningful trends remain elusive. Can key event risk like China GDP or the BoC rate decision offer clarity to counter the general uncertainty of political risk? US Dollar Forecast: US Dollar Range Continues as Inflation Prints at One-Year Highs […]
Talking Points: China’s Caixin service sector PMI bounced back in October Its 51.2 reading was well away from September’s very marginal growth Still, the Australian Dollar market wasn’t interested Trade all the major Asia Pacific market data live and interactive with the DailyFX webinars. Come join the debate, we’d love to have you along. An […]
Talking Points: Asian stocks finished the session narrowly mixed The Bank of Japan left all its ultra-loose policy settings alone Governor Kuroda said now was not the time to even discuss exit strategies Trade the major global economic data live at the DailyFX Webinars. We’d love to have you along. Asian markets were mixed again […]
Talking Points: China’s Consumer Price Index rose exactly as it had been expected to in September The same cannot be said for factory-gate prices, which leaped The Australian Dollar barely budged though Trade the major economic data live and interactive at the DailyFX Webinars. Join up and join us, we’d love to have you along. […]
Talking Points Asian stocks rose, applauding what markets see as a mildly less hawkish Federal Reserve Chair Chinese trade data topped forecasts in June A weaker US Dollar saw the Nikkei close up by only a whisker Join us and join in. For live, interactive coverage of all the economic news which move Asian markets, […]
Talking Points: – Mainland China officially launched the bond trading link with Hong Kong right after the 20th anniversary of Hong Kong’s transfer. – The Hong Kong Dollar was little changed following the launch but what matters is the outlook of the regional economy. – Would you like to know more about trading? DailyFX webinars […]
Talking Points: China’s economic data dump was a mixed affair However, the inescapable low point was industrial production’s miss The Aussie slipped after that, but has recovered Get live coverage of major Asia/Pacific economic events. Check out the DailyFX webinars. The Australian Dollar took a modest knock Monday following a torrent of Chinese economic data […]
Talking Points: Volatility is extraordinarily low heading into the Summer which resembles similar conditions in Summer 2014 and 2015 Complacency creates a systemic imbalance that can expose market participants to unexpected changes With a steady Shanghai Composite and USD/CNH, China seems a benign issue; but the same seemed true before a severe tumble Join the […]
Talking Points: The Australian Dollar ticked lower following some weakness in Chinese investment data Foreign direct investment fell 9.2% on-year in January, much further than expected However, the Chinese commerce ministry has pinned much weakness on comparison effects The Australian Dollar slipped on Thursday, but not by much, after the release of some seriously weak […]
Talking Points Private service sector activity ticked up in November, according to Caixin Taken with a manufacturing deceleration, the overall picture hasn’t changed much Neither did AUD/USD, which was more focused elsewhere The Australian Dollar was steady on Monday after news of a pickup in Chinese service-sector output was published. The private Caixin Purchasing Managers […]