China’s exports recovered in November after falling in October, data from the customs office revealed Monday. Exports grew 5.9 percent on a yearly basis in November, reversing a 1.1 percent fall in October. Shipments were forecast to expand 3.8 percent. At the same time, imports posted an annual growth of 1.9 percent after rising 1 […]
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
US stocks climb as inflation data strengthens rate cut outlook United States (US) stock markets ended the week on a positive note, supported by soft inflation data that reinforced expectations of a rate cut at this week’s Federal Open Market Committee (FOMC) meeting. For the week, the Nasdaq 100 finished 1% higher, the S&P 500 rose by
In an interview on Sunday published by Los Echos, French President Emmanuel Macron hinted at a US-style trade war on China. He said he spoke with Chinese officials and warned them what’s coming. “I told them that if they do not react, we Europeans would be forced, in the coming months, to take strong measures
Overall bank lending in Japan was up 4.2 percent on year in November, the Bank of Japan said on Monday – coming in at 652.547 trillion yen. That exceeded expectations for an increase of 4.0 percent and was up from 4.1 percent in October. Excluding trusts, lending was up 4.5 percent at 573.647 trillion yen
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around the 1.3320-1.3325 region, during the Asian session. Spot prices, however, remain close to the highest level since October 22, touched last Thursday, with bulls awaiting a sustained strength and acceptance above the 100-day Simple Moving
It’s easy-come, easy-go in the bitcoin market this weekend. Earlier today it sank all the way to $87,800 and then stormed to a high of $91,700 in a straight-line move. Now though, the bears are back in control and have dragged it down to $89,577. That’s not a great sign for overall risk appetite into
The new week is underway and the early FX moves are minimal. I haven’t seen any economic data or news that’s particularly notable, so we will take the market moves as they come. The big data drop today comes at 2350 GMT with the result of Japanese Q3 GDP. This is the second revision and
Indian Rupee Technical Analysis Today: USDINR Bounce From 110 to 110.5 Plays Out, What Comes Next for the Rupee Price Prediction INR Price Prediction via the Following Technical Analysis Video In today’s Indian Rupee technical analysis, we revisit the USDINR 4 hour chart after last week’s prediction. The Indian rupee futures moved exactly into our
S&P 500 took a dive 75min before the opening bell, retail enthusiastically bought into PCE and UoM data release, and prices then settled little changed on the pre-flush level. What‘s apparent from checking the hourly on both ES and NDX this week? A series of higher highs and higher lows – remarkable resilience in a
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
China Foreign Exchange Reserves (MoM) below expectations ($3.36T) in November: Actual ($3.346T) Source link
Many traders and investors saw the seemingly aggressive bearish reversal for gold on Friday and are wondering if we have a double top. Perhaps a start of a major bearish reversal? Gold futures 4hr chart with 20EMA and RSI at the bottom Gold has been one of the most followed markets this quarter, and for
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Dollar spent most of the week pinned to the bottom of the performance board, as a steady flow of data reinforced expectations for a Fed rate cut in December. Even though selling pressure eased slightly into Friday—thanks in part to a surprisingly firm rebound in longer-dated Treasury yields—the greenback still struggled to find a foothold.
Mon: Chinese Trade Balance (Nov) Tue: RBA Announcement, EIA STEO, German Trade Balance (Oct), US JOLTS (Oct) Wed: FOMC Announcement, BoC Announcement, Chinese Inflation (Nov), Swedish GDP (Oct), Norwegian CPI (Nov), US Employment Cost Index (Q3) Thu: SNB Announcement, CBRT Announcement, OPEC MOMR, IEA OMR, Australian Jobs Report (Nov), Swedish CPIF (Nov) Fri: UK GDP
