AUD/USD Below 2nd support After China’s GDP, Retail Sales
The USD to AUD rate continues to move up as AUD/USD falls down after the Chinese GDP and retail sales report released today. Full Article
China’s GDP grows by 5.3% on an annual basis in the 1st quarter, surpassing the forecasted 5.0%.
China's GDP growth holds significant importance for Latin American economies and commodity prices due to its role as a major trading partner Full Article
Chinese Prices Remain Subdued, As Low Inflation Defies the World
Prices have been pretty low in China, mostly negative while the CPI consumer inflation has been surging in Europe and the US. Full Article
Asian Stock Market Showed Mixed Performance; Shanghai Declines Following Fitch’s Downgrade of China’s Rating Outlook
In today’s trading session, the Asian Market shared mixed movements following a period of relative stability in US stock indexes Full Article
Is the Copper Price Heading for $5 in 2024 As China Recovers?
Yesterday we saw a 5% surge in Copper prices, reaching its highest level since February last year after positive news from China. Full Article
AUD/USD Hangs Around 0.65 as Chinese Economy Starts to Stabilize
AUD/USD has been declining for about a month, breaking below 0.65, however the price is holding close to this level as the Chinese economy.. Full Article
WTI: Crude Oil Rallies After Positive Data from US & China Boosts Demand
WTI futures continued to rally today as we received positive economic data from the US and from China on Sunday as well as today. Full Article
Will Commodity Dollars Benefit from Improving Chinese Economy?
We had some positive data from China over the weekend, with the manufacturing and services PMI showing decent improvement Full Article
Is China’s Inflation on the Rise? Assessing Capital Flow Shifts
On Monday, the stock market witnessed signs of market exhaustion on Wall Street and Chinese inflation rates that affect Asian markets. Full Article
What’s behind today’s significant market surge in Latin America?
Latin American markets surge propelled by China's recovery. Dependency concerns linger. Full Article
China’s Economy Roars Back: Fiscal Growth, Housing Rebound, and PMI Boost Optimism
China's economy is showing signs of resilience, with positive developments in fiscal revenue, housing, and manufacturing painting Full Article
Has the 50 SMA Turned into Resistance for Oil?
Crude Oil has reversed down since the middle of April and moving averages are acting as resistance at the top, confirming the bearish trend Full Article
Crude Oil Testing the 100 Daily SMA Again, After A Strong Close on Friday
Crude Oil closed a bullish week as Saudis hiked prices, despite a huge buildup in the US EIA inventories Full Article
Oil Heads Higher for the 100 Daily SMA on Higher Demand Expectations from China
Crude Oil is heading for the 100 SMA which is keeping the trend bearish since June last year and the next test is coming up Full Article
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