Earlier: People’s Bank of China’s yuan strength set to fuel EM currency rally as Fed easing looms — People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). […]
The services sector in New Zealand continued to contract in August, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5. That’s down from 48.9 in July and it moves further beneath the boom-or0bust line of 50 that separates expansion from contraction. Among
Tesla’s German plant will step up output in the second half of the year thanks to stronger-than-expected demand, plant manager André Thierig told news agency DPA. He said production plans for Q3 and Q4 have been revised higher, though without giving exact numbers, and added that the company sees positive signals across its markets. The
The US and China had trade talks on the weekend in Madrid. The meeting has wrapped up according a post on Tik Tok. Tik Tok? Maybe there is a new dance from the meeting or something, I dunno. Awaiting read outs. This article was written by Eamonn Sheridan at investinglive.com. Source link
S&P 500 futures (ES) looked strong for most of last week, climbing steadily and carrying bullish momentum. By Friday’s close, that strength was tested and rejected. Price stalled at the 6600 round number, sellers stepped in, and order flow shifted decisively negative. For traders looking at the S&P 500 forecast, here’s what stood out across
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Mon: Chinese Activity Data (Aug) Tue: UK Jobs Report (Jul), Italian CPI Final (Aug), EZ Industrial Production (Jul), German ZEW Survey (Sep), US Retail Sales (Aug) and Industrial Production (Aug), Canadian CPI (Aug) Wed: FOMC Announcement, BoC Announcement, BCB Announcement, Bank of Indonesia Announcement, ECB Wage Tracker, UK Inflation (Aug), EZ CPI Final (Aug), New
USD/CHF up 0.12% but trades below 20- and 50-day SMA confluence at 0.8019/23, keeping sellers in control. RSI bearish but flat, suggesting near-term consolidation unless breakout above 0.8000 or drop below 0.7900 occurs. Upside targets include 0.8025 and 100-day SMA at 0.8109; downside risks point to yearly low at 0.7872. USD/CHF advanced during the North
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. The USD is closing the day mostly higher, though net changes were limited. The largest moves came against the NZD (+0.30%) and the JPY (+0.26%), while all other major currencies finished within 0.11% of Thursday’s closing levels. Price action was choppy, with the greenback firming ahead of the US session before turning lower after
Asia Pacific Markets – Japan and China in Focus The Bank of Japan will probably keep the interest rate the same this week. Exports have been slipping, maybe because US tariffs are still biting. Imports could drop too, since global commodity prices seem to be falling. Because exports stay weak, the BoJ may leave its
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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Gold consolidates near $3,650, holding in a narrow range after this week’s record high near $3,675. Safe-haven demand remains strong, driven by global trade tension and geopolitical risk. Markets have fully priced in a 25 bps cut at the Fed’s September 17 meeting, a +90% probability says CME Fedwatch Tool. Gold (XAU/USD) is trading with
2025.09.12 2025.09.12 What Is a Doji Candle Pattern? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ A Doji is a type of candlestick pattern in trading that indicates that neither bulls nor bears prevail in the market. The pattern resembles a bar chart pattern. It can often be found in any financial market, including Forex, commodities, cryptocurrencies, and stocks. The main
Prior was 58.2 Current conditions 61.2 vs 61.3 expected (prior 61.7) Expectations 51.8 vs 54.9 expected (prior 55.9) 1-year inflation 4.8% vs 4.8% prior 5-year inflation 3.9% vs 3.5% prior The University of Michigan survey was once the gold-standard in confidence surveys but it’s been slowly eroded by the politicization of everything and it’s more
Join OANDA Market Analyst Kenny Fisher, Nick Syiek (TraderNick) and podcast host Jonny Hart 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. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well
