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Thomas Westwater

Chinese Yuan Sees Record One-Day Move on US Dollar Selling as Industrial Profits Near

Chinese Yuan, USD/CNH, PBOC, Industrial Profits, Market Sentiment – Talking PointsAsia-Pacific markets eye a mixed open after US stocks fall alongside US DollarChinese industrial profits are on tap as the Yuan gains amid...

Meta Plunges Over 13% on Grim Earnings After Nasdaq Sinks

Meta stocks fell over 13% in after-hours trading after Q3 earningsRevenue fell for the second straight quarter, and guidance disappointsNasdaq to come under more pressure amid broader tech sector misses Recommended by ...

XAU Eyes BoC Rate Decision as Speculator Confidence Wanes

Gold, XAU/USD, XAU/CAD, Bank of Canada, COT, Speculators – Talking PointsGold is unchanged in Asia-Pacific trading after Australian CPI data comes in hotXAU/CAD may add to its losses if the Bank of Canada...

US PMI Miss, China Government Shakeup Bode Poorly for the Red Metal

Copper, US PMIs, Rate Hike Bets, China GDP, Lockdowns, Technical Outlook – Talking PointsThe red metal is on the move lower for the second day despite upbeat China GDP dataA contraction in US...

Australian Dollar Trails Chinese Stocks Lower Despite Dow Jones Gains

Australian Dollar, AUD/USD, China, Federal Budget, Sentiment, Technical Outlook – Talking PointsAsia-Pacific stocks look primed for gains today, excluding embattled Chinese stocksAustralia’s federal budget is due tonight, which may influence Aussie Dollar sentimentAUD/USD...

AUD/USD Eyes Chinese GDP After Dow Jones Surged Amid Risk-On Move

Australian Dollar, AUD/USD, China, GDP, Sentiment, Technical Outlook – Talking PointsA risk-on Wall Street rally on Friday sets a bright tone for Asia-Pacific marketsChinese economic data, including Q3 GDP, to set the tone...

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