Aussie rises broadly today on news that China is considering to lift the ban on its coal partially. The move also takes Kiwi higher. On the other hand, Dollar is turning softer together with loonie. Read more…
Australian Dollar rises broadly on news that China is considering to partially ease the ban on its coals. Bloomberg reported that China’s National Development and Reform Commission held talks yesterday on proposals to allow four Read more…
Rally in Silver from 9.1.2022 low is in progress as a 5 waves impulse structure. Up from 9.1.2022 low, wave 1 ended at 20 and pullback in wave 2 ended at 17.97. The metal extends Read more…
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to Read more…
I know — inflation has been grabbing all the headlines for a good while now — so you may wonder why the subject of deflation is relevant. First, the definitions of inflation and deflation go Read more…
Recession fears continue to weigh no sentiment with Wall Street tracking the majority of Asian indices lower yesterday. Santa’s rally never materialised in December, and that negative sentiment has been carried over to the new Read more…
BoJ Governor Haruhiko Kuroda told the bankers’ association that Japan is facing uncertainties “such as inflation and pandemic. Yet, he expects the economy to “firmly and stably this year backed by accommodative monetary conditions.” Kuroda Read more…
For its latest generation, Samsung is focusing on picture quality improvements to its core TV products like the Neo QLED and OLED TVs. Samsung’s taking the stage ahead of CES 2023’s kickoff and unveiling its Read more…
Japan PMI Manufacturing was finalized at 48.9 in December, down from November’s 49.0. That’s the lowest level since October 2020. S&P Global noted there were strong reductions in output volumes and order books. Input buying Read more…
ECB Governing Council member Martins Kazaks said yesterday, “in the next two meetings I think we can still do quite large steps” on interest rates. “Of course the steps may become smaller as necessary as Read more…