Forex

USD/JPY keeps the calm so far today

The pair is keeping little changed on the day, sitting around 148.85 at the moment. For a pair that is caught in the midst of high volatility recently, the light movement today is...

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

S&P 500, Shanghai Composite, FXI, USDCNH, Recession and Earnings Talking Points:The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680China markets responded abruptly to the end of the...

Chinese intervention in stock markets – National Team buying sending stocks surging

<p>Chinee indices are jumping sharply higher. </p><p>Hong Kong&apos;s Hang Seng is up circa 1% after its more than 6% drop on Monday</p><ul><li>the HK tech index is up more than 5%</li></ul><p>Hang Seng:</p><p>FX getting a...

Chinese Yuan Hits 15-Year Low on Political Jitters, Weak PBoC Fix By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- China’s yuan hit its weakest level in nearly 15 years on Tuesday, while its offshore counterpart hit a new record low on growing concerns that the country’s new political...

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...

International Energy Agency head says in the middle of first global energy crisis

International Energy Agency (IEA) head ( Executive Director) Dr Fatih Birol.Says the world is in the middle of the first truly global energy crisis.the decision from OPEC+ to cut output by 2mn bbl/day...

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