Forex

US Jobs Report in Focus as Traders Digest FOMC

Gold, XAU/USD, FOMC, Speculators, Jobs Report, Technical Outlook - Talking PointsGold prices move slightly higher in APAC trading as the US jobs report nearsSpeculators trimmed their bullish gold bets ahead of the FOMC...

China state-guaranteed bonds to prop up property developers. 200bn yuan in 2nd round.

<p>State-backed bonds to support homebuilders. </p><ul><li>200bn yuan in issuance is expected in the second round for this. </li></ul><p>200bn yuan will hardly touch the sides!</p><p>China is trying everything to prop up these zombie firms:</p><ul><li><a...

Canada orders three Chinese firms to divest investments in critical minerals firms

Canada citing national security concerns. Via Reuters:The government ordered the divestiture after a "rigorous scrutiny" of foreign firms by Canada's national security and intelligence community, Industry Minister Francois-Philippe Champagne said in a statement."While...

AUD/USD to Track 50-Day SMA amid Failure to Test October High

Australian Dollar Talking PointsAUD/USD struggles to hold its ground following the kneejerk reaction to the Federal Reserve rate decision, and the exchange rate may track the negative slope in the 50-Day SMA (0.6539)...

New Zealand ANZ Commodity Price Index -3.4% m/m (prior -0.6%)

ANZ's indicator of price trends for New Zealand's 17 main commodity exports.-3.4% m/m in October. ANZ say "as dairy and meat prices eased".In local currency terms +0.3% due to the falling NZD (down 2%...

The North Korean missile has overflown Japan

NK launched another ballistic missile minutes ago:North Korea has fired another ballistic missile towards East Sea (AKA Sea of Japan)The missile has flown over and past Japanese territory.Aircraft in the region received warning...

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