The National Bureau of Statistics of China (NBS) released PMI data for China and is another data set which underperforms relative to expectations. The manufacturing sector contracted for a second month of 49.4, although at a slightly slower pace of 94 in July. Yet it also means the sector has contracted five of the past […]
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It’s been another week, and UBS analysts are getting bullish on Honda stock amid merger rumors involving Nissan. Meanwhile, Nio is becoming competitive against Tesla, while Baird analysts have expressed doubts about Rivian. Makoto Uchida, Read more…
USDJPY keeps firm tone in holiday-thinned trading on Thursday and pressuring last Friday’s peak at 157.92 (the highest since mid-July). The pair is on track for the fourth consecutive weekly gain and for over 5% Read more…
Forbes analysts predict 2025 will be a pivotal year for Bitcoin, solidifying its position as a global financial asset. Their key forecasts include: → Regulatory Shifts: A change in SEC policies is expected to foster Read more…