China weighs nationwide ban on home pre-sales to stabilise property market
China is considering banning pre-sales of homes, requiring developers to sell only completed properties to reduce risks and stabilise the housing market. The proposed reform is part of a “new…
Read More »Alphabet now down over 7.50%. Comments from Apple’s Cue send the stock tumbling lower
Apple’s SVP of Services, Eddy Cue, revealed that search and browser usage declined for the first time in April. In response, Apple is reportedly exploring the integration of AI-powered search…
Read More »Gold has been slammed lower, under US$3670
gold This article was written by Eamonn Sheridan at www.forexlive.com.
Read More »US April non-farm payrolls +177K vs +130K expected
Prior was +228K Two-month net revision: -58K versus -8K prior Unemployment rate: 4.2% versus 4.2% expected Prior unemployment rate: 4.1% Unrounded unemployment rate: 4.1872% versus 4.1519% prior Participation rate: 62.6%…
Read More »Treasury quarterly refunding coupon auction sizes unchanged
Will continue to sell $42 billion in 10s This article was written by Adam Button at www.forexlive.com.
Read More »Germany’s Merz: I don’t not want an open tariff war with the USA
Will suggest to the US to return to zero on all tariffs Brother, you already are in an open trade war with the US and the Vice President called Europe…
Read More »The S&P 500 is testing a key trendline in a make or break moment
It’s been a nice week for the S&P 500 as the market rallied by more than 7% on more de-escalation news. The underlying expectations continue to point towards further de-escalation…
Read More »Strong dollar demand on the cards this month-end – Barclays
According to Barclays’ month-end FX rebalancing model, strong dollar buying is indicated against the rest of the major currencies bloc for April. This comes after Trump’s reciprocal tariffs announcement led…
Read More »Walmart has notified Chinese suppliers to resume shipping goods – report
Last week, major US retailers including Walmart, Target and Home Depot met with the White House. Shortly afterwards, the stock market turned around, leading to an extremely strong week in…
Read More »FX option expiries for 25 April 10am New York cut
As we look to end the week, once again the impact of the option expiries should be relatively muted. There are some big ones but they aren’t sitting too close…
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