Key takeaways: After rays of light in Q1, the Chinese data batch for April released overnight threw a bit of cold water on the recent signs of improvement in domestic demand. Retail sales growth dropped to a three-year low and the housing market continues to be weak. Industrial production and investments also disappointed. The weak […]
The post China Flash – Data Shows Broad Based Weakness in April appeared first on ActionForex.
USD/JPY climbed to 158.93 on Monday, marking the yen’s sixth consecutive session of decline. The Japanese currency is under pressure from a stronger dollar amid rising expectations that the Federal Reserve may raise interest rates Read more…
Gold came under renewed pressure earlier today, briefly breaching below $4,500 level as the recent decline resumed. Although the precious metal later recovered some ground, the broader near-term outlook remains tilted to the downside as Read more…
Market Overview The crypto market capitalisation has fallen by 5.2% over the past seven days to $2.56 trillion, with the decline accelerating in the second half of the week. Over the past 24 hours, the Read more…