China’s NBS Manufacturing PMI drops to 50.4 in July vs. 50.8 expected
The purchasing managers’ index (PMI) for China’s manufacturing sector dropped to 50.4 in July from 50.9 in June, the latest data published by the Nati
Read More »China state financial media says yuan-denominated assets are to become more attractive
China Securities Journal with that piece of advice. Not referring to beer goggles I guess … OK, srsly, the yuan has been on the slide for a few weeks(since the…
Read More »Chinese Yuan Forecast: Q2 GDP Key to Gauge PBOC, USD/CNH Outlook
USD/CNH is pushing lower as traders prepare for China's second quarter GDP print to cross the wires. The Yuan may break current support at the 26-day EMA if the data…
Read More »Gold Forecast: Depressed Real Yields and Delta Variant Worries May Boost Bullion Prices
Gold prices may have some short-term upside potential, supported by depressed real yields in the U.S., concerns about the Covid-19 delta variant and China's slowing economy.
Read More »China’s cautious consumers offer clues for post-pandemic world – Bloomberg
Bloomberg came out with an analytical piece on the recent behavior of China’s consumers suggesting a cautious mood for the globe even if the pandemic
Read More »Chinese traders bypass government control on crypto trading – OTC, P2P trades
China’s Communist Party government has tightened its control of crypto trading. Says Bloomberg: More details here at the article BTC update:
Read More »AUD/USD Eyes Chinese Economic Data as Sentiment Cautiously Improves
AUD/USD aims higher as several potentially hard-hitting economic events out of China are set to cross the wires. Meanwhile, market sentiment remains on fragile footing after last week.
Read More »US will urge its allies to increase pressure on China over Xinjiang at G7 meeting in June
US President Joe Biden will attend the G7 meeting in June in the UK. Its the China issue that is likely to be a focus come Monday FX markets. I…
Read More »China’s President Xi to address forum on global risks, China solutions
President Xi Jinping to speak at the Boao Forum on Asia today Speech will cover risks and challenges facing the world, what solutions China can offer
Read More »How China-ASEAN Relations Impact SGD, IDR, MYR, PHP
Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.
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