China Data Beats Low Expectations – USD/CNH Oversold?
China’s economy rose at an annualised rate of 3% in 2022 according to official data. […]
Chinese Population Shrinks for the First Time in Six Decades
Market movers today Today’s key data release will be the ZEW index from Germany. It […]
Hangseng Index Rallying in Nesting Impulse Elliott Wave Structure
Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves […]
Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?
The Japanese Yen went lower again today as the market eyes the Bank of Japan […]
GBP/USD Could Rally Further If It Clears 1.2300
Key Highlights GBP/USD started a fresh increase above the 1.2200 resistance. It surpassed a major […]
Australia Westpac consumer sentiment rose 5% in Jan
Australia Westpac Consumer Sentiment rose 5.0% mom to 84.3 in January, the largest monthly gain […]
NZ NZIER business sentiment hit record low
New Zealand NZIER Quarterly Survey of Business Opinion showed, in Q4 on a seasonally adjusted […]
BoE Bailey: Labor force shrinkage the major risk to UK inflation
BoE Governor Andrew Bailey told a parliamentary committee yesterday that inflation could fall back substantially […]
New Zealand Dollar Technical Outlook: NZD/USD Range Could Continue
The New Zealand dollar has run into significant resistance against the US dollar, raising the […]
Nikkei 225 Index Wave Analysis
Nikkei 225 reversed from key support level 25695.00 Likely to rise to resistance level 26500.00 […]
GBP/JPY IG Client Sentiment: Our data shows traders are now at their most net-long GBP/JPY since Dec 23 when GBP/JPY traded near 159.28.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
China GDP growth slowed to 2.9% yoy in Q4, but beat expectations
China’s GDP growth slowed to 2.9% yoy in Q4, down from Q3’s 3.9% yoy but […]