Goldman Sachs liking Chinese equites, citing valuations (bargains)
Reuters cite a note it has seen from Goldman Sachs, bullish on Chinese stockmarkets. Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace…
Read More »USD/INR gains upward traction, all eyes on Fed rate decision
Indian Rupee (INR) trades on a softer note on Wednesday. The recovery of the pair is bolstered by safe-haven flow as traders prefer to wait on the sidelines ahead of…
Read More »Amazon Q4 Earnings Preview: What to Expect?
Amazon is set to report its Q4, 2023 earnings on February 1st, 2024 after US markets close.
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Behind the Forex Curtain: Central Bank Secrets! #forex #centralbank #bank
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Read More »Newsquawk Week Ahead: FOMC, NFP, ISM Mfg PMI, BoE, EZ CPI and EZ GDP
Week Ahead 29th January – 2nd February 2024 Sun: New Zealand Trade Balance Mon: Japanese Unemployment (Dec) Tue: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash…
Read More »EUR/USD recovers near-term losses, but gains capped post-US PCE
EUR/USD recovered recent losses on Friday, recovering back into familiar technical levels.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1733 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
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Read More »USD/CAD holds below the 1.3470 mark, eyes on BoC rate decision
The USD/CAD pair loses ground above the mid-1.3400s during the early Asian trading hours on Wednesday.
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