Tag: covid

Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC

BRENT CRUDE OIL (LCOc1) TALKING POINTSUnverified change in Chinese policy lifts brent crude outlook.US stockpiles show marked decline.Emerging bullish crossover a precursor to higher prices? Trade Smarter - Sign up for the DailyFX Newsletter Receive...

November 2, 2022

China Covid Woes Weigh on Prices as Traders Eye Inventory Data

WTI Crude Oil, US Production, China, Covid, EIA, Inventory, Technical Analysis – Talking PointsCrude oil prices face mounting macroeconomic headwinds after prices rise in OctoberUS inventory data, the FOMC rate decision and the...

November 1, 2022

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...

October 31, 2022

Apple supplier Foxconn’s key China plant hit by COVID measures

From Nikkei - Apple supplier Foxconn's key China plant hit by COVID measures Industry sources say iPhone output affected as workers can't enter production linesKey Apple supplier Foxconn is grappling with disruption at...

October 31, 2022

Chinese Yuan Weighed Down by COVID Jitters, Yen Mixed on Dovish BoJ By Investing.com

© Reuters. By Ambar Warrick Investing.com-- China’s yuan lagged gains in its Asian peers on Friday as the country introduced new COVID lockdown measures, while the yen saw volatile trade amid dovish signals...

October 28, 2022

ICYMI – China’s Wuhan locked down one of its central districts following COVID outbreak

Bloomberg with the report on another China lockdown:Around 900,000 residents of Hanyang district were told to stay in their homes from Wednesday, a spokeswoman from the area’s CDC told Bloomberg News by phoneAnother...

October 27, 2022

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