Daily Pivots: (S1) 0.9059; (P) 0.9083; (R1) 0.9122; More… USD/CHF is still extending the consolidation form 0.9200 and intraday bias remains neutral. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will […]
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The emergence of China’s AI start-up, DeepSeek has triggered a positive feedback loop into the Hang Seng Index. Mixed consumer spending and weak factory activity in China suggest deflationary pressures are likely to persist. Momentum Read more…
The US dollar extended gains and gold hit a fresh ATH fuelled by fresh tariff threats from Donald Trump. In addition, China now allows insurers to buy gold and hold 1% of their holdings in Read more…
In focus today From the US, the NFIB’s January Small Business Optimism index is due for release. Business sentiment improved significantly in November and December after the election uncertainty eased. The Fed’s Hammack and Williams Read more…