Dollar Overreacts to Data. Forecast as of 14.10.2024
The Fed’s data-dependent policy has increased the EURUSD’s sensitivity to macrostatistics. However, basing trading decisions solely on the latest data may lead to mistakes. Let’s discuss this and make a…
AvaTrade Kicks Off Another Season with UAE Pro League
The UAE Pro League announced today (Monday) that it has renewed its sponsorship agreement with online trading broker AvaTrade for the 2024/25 season. AvaTrade will continue as a main partner…
Dollar holds gains while investors parse China’s stimulus plans
By Vidya Ranganathan SINGAPORE (Reuters) -The dollar held onto its gains and even extended some in Asian trading on Monday as a holiday in Japan sapped liquidity, leaving China’s somewhat…
Column-China copper, iron ore stay stimulus believers, but others sceptical: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – Western and Chinese investors had different reactions to the latest stimulus pronouncements by Beijing, and it’s likely that both groups are somewhat missing…
Oil prices drop on concerns China’s flagging economy to limit demand
By Colleen Howe BEIJING (Reuters) -Oil prices fell by more than $1 a barrel, losing over 1.5% in early trading on Monday, after disappointing Chinese inflation data and a lack…
Gold prices muted; copper weakens as China stimulus underwhelms
Investing.com– Gold prices steadied in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a string of Federal Reserve speakers this week, while bets on…
Inside China’s bid to build sway over global metals pricing
By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with…
Asia FX muted with focus on China stimulus; yuan weakens on soft inflation
Investing.com– Most Asian currencies moved little on Monday as traders digested middling cues from China on its plans for fiscal stimulus, while the yuan softened following weaker-than-expected inflation data. The…
Oil prices fall by more than $1 on deflation worries in China
By Colleen Howe BEIJING (Reuters) -Oil prices fell by more than $1 a barrel, losing over 1.5% in early trading on Monday, after disappointing Chinese inflation data and a lack…
Oil prices slide on weak China inflation, disappointing stimulus
Investing.com– Oil prices fell sharply in early Asian trade on Monday, retreating after data from top importer China pointed to a sustained deflationary trend, while the country’s plans for fiscal…
