Chinese stock markets are a hot spot to start the year and money is flowing back in today after a dip mid-week. Shanghai Composite +1.2% Hang Seng +1.5% CSI300 +1.8% For Shanghai stocks, that’s the best level of the year as some of the domestic money makes its way into broad Chinese markets rather than
In an interview with Breitbart News Network on Friday, US Treasury Secretary Scott Bessent said, “we don’t get a recursive Biden-flation,” per Reuters. Further comments We’re very vigilant about inflation, it could happen again. Before we can bring down inflation, we also want to help affordability. As we bring down inflation, we want to bring
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Senate Democratic Leader Chuck Schumer announced late Thursday that he plans to vote to keep the government open as the chamber prepares to take up a GOP stopgap bill continuing government funding Friday. Key quotes I believe it is my job to make the best choice for the country, to minimize the harm to the American
Bitcoins price volatility has been impacted by Trump’s tariff policies, recession fears and Mt. Gox Transfers. Glassnodes’s accumulation trend score shows shifts in investor sentiment and increased selling pressure. Mt. Gox transfers are affecting markets but are overshadowed by tariff concerns. Most Read: Dow Jones (DJIA), S&P 500 Under Pressure as Record Cash Levels Suggest
The day started with Pres. Trump saying that if Europe goes ahead with a tariff on whiskey, he would retaliate with a 200% tariff on wine, champagne, and alcohol. That got the markets attention as tariffs continue to be a feared item for traders. So although US PPI data was better than expectations, it was
The Dow Jones shed 400 points on Thursday, falling 1.45%. US PPI inflation hit a soft patch, further easing fears of an inflation reignition. Despite easing price pressures, equities still took a hit as Trump threatens more tariffs. The Dow Jones Industrial Average (DJIA) fell some 400 points on Thursday, declining around one full percent after United
Dollar is staging a notable rebound as markets transition into US session, though the exact catalyst behind the move is unclear. Part of Dollar’s strength could be attributed to a broad pullback in Euro, as traders begin to take profits after this month’s strong gain. Euro’s retreat is providing the greenback with some temporary relief.
USDCAD technicals USDCAD has experienced choppy price action today, with support holding above the 50% retracement level of thethe move up from the February 2025 low at 1.4345. On the upside, resistance remains firm between the 100-hour and 200-hour moving averages (1.4387–1.4403). A breakout above these MAs would shift the bias higher, while staying below
2025.03.13 2025.03.13 What Is the Arms Index (TRIN), and How Do You Calculate It? Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ The Arms Index (TRIN) is a tool that analyzes the market by looking at the number of advancing and declining stocks, and their trading volume. Based on this analysis, you can build an efficient short-term trading strategy for stock
The Canadian dollar is steady on Thursday. In the European session, USD/CAD is trading at 1.4379, up 0.06% on the day. Bank of Canada lowers rates to 2.75% There was no surprise from the Bank of Canada, which lowered rates by a quarter-point, bringing the cash rate to 2.75% and giving a boost to the
New CME venue aims to provide easier access to FX futures liquidity, but some worry about its stability in choppy markets Source link
The People’s Bank of China (PBOC) said on Thursday that they “will cut interest rates and Reserve Requirement Ratio (RRR) at a proper time.” Additional takeaways Will keep liquidity ample. Will guide social financing cost to lower. Will strenghthen expectation guidance, maintain yuan exchange rate basically stable at a reasonable and balanced level. Market reaction
Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions
The USD/CAD forecast shows a weaker dollar. Data in the previous session revealed softer-than-expected US consumer inflation. The Bank of Canada cut interest rates by 25-bps on Wednesday, as expected. The USD/CAD forecast shows increased bearish momentum after downbeat US inflation data. At the same time, the Canadian dollar strengthened after a cautious tone during
