Tag: Chinese

Chinese language yuan dips on COVID chaos, SE Asia FX outperforms By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- Most Asian currencies fell on Friday as considerations over worsening COVID-19 circumstances in China dented sentiment, though a number of regional models had been nonetheless set for a stronger...

Crude Oil Eases as Markets Ponder a Potential Chinese language Reopening. Will WTI Rally?

Crude Oil, WTI, Brent, US Greenback, Fed, Grasp Seng, AUD, NZD, Gold - Speaking FactorsCrude oil has been caught within the crosswinds of world progress prospectsThe Chinese language authorities denied any easing of...

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...

Chinese Yuan Slides Against US Dollar as Covid Lockdowns Weigh on Sentiment

Chinese Yuan, USD/CNH, RBA, Covid, Commodities, Technical Outlook – Talking PointsAsia-Pacific markets face headwinds from a stronger Dollar after US traders ditch equitiesRBA rate decision in focus for APAC markets as China lockdowns...

Japanese Yen in Flux on Data and the Chinese Yuan Battles Soft Sentiment

Japanese Yen, USD/JPY, US Dollar, USD/CNY, CNY/JPY, Yuan - Talking PointsUSD/JPY is looking to higher levels despite mixed economic dataYen weakening might have broader ramifications for the regionWhat’s good for the Yen might...

“Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou”

Foxconn has around 200,000 workers at its Zhengzhou complex. To avoid lockdown restrictions some of the workers have escaped the facility and are heading to their home towns. Foxconn says it would...

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