Gold Price Outlook: Pullback On The Cards Amid Escalating US-China Tensions
Gold prices may slide lower as RSI divergence hints at uptrend exhaustion and US-China tensions buoy the haven-associated US Dollar.
Read More »China’s Luo: US sanctions on Hong Kong officials branded ‘clowning actions’
Luo Huining, Head of China’s Liaison Office in Hong Kong, said in a statement on Saturday, “the unscrupulous intentions of the US politicians to suppo
Read More »Crude Oil Price Outlook Eyes OPEC Output Restart, US and China Demand
Crude oil prices may be torn between rising demand from the US and China as OPEC+ begins restoring output. Will the non-farm payrolls report give more life to WTI and…
Read More »China July PMIs, manufacturing 50.1.1 (expected 50.8) services 54.2 (expected 54.5)
China’s National Bureau of Statistics (NBS) official survey PMIs for July Manufacturing Non-manufacturing Composite
Read More »Uh-oh, now it looks like a China – US Mint war! China to issue gold, silver coins set
China’s central bank, the People’s Bank of China, will issue a set of commemorative coins on featuring the Forbidden City (Beijing’s former imperial palace).
Read More »British Pound Forecast: GBP/USD May Fall Amid Renewed 'No Deal' Brexit Fears
The fundamental outlook for the British Pound looks relatively bleak amid renewed ‘no deal’ Brexit concerns and escalating UK-China tensions.
Read More »China new home prices for June +0.6% m/m and +4.9% y/y
The data focus for China is on GDP and activity data, due at the top of the hour. Earlier: Out of interest, Shenzen new hope oprices the highest gainer in…
Read More »COVID-19 Update: We await Aussie data, China six new coronavirus, Moderna hopes revived
With US virus cases spiking and the death toll mounting, more on that here, Coronavirus Update: Texas hospitalizations mark daily record with 10,745 i
Read More »Weekend Australian media – more China retaliation against Australia expected
A piece in a national newspaper in Oz over the weekend says to expect more tariffs imposed by China Due to PM Morrison floating the idea of providing safe haven…
Read More »When is China’s Caixin Manufacturing PMI and how could it affect the AUD/USD?
Having witnessed upbeat prints of China’s NBS Manufacturing PMI the previous day, AUD/USD traders eye June month Caixin Manufacturing PMI from the dra
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