Shanghai Composite Index Technical Outlook: Rally Losing Steam?
Chinese equities have run into stiff resistance suggesting that the nascent rally could be about […]
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 […]
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 […]
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 […]
UK payrolled employment rose 28k in Dec, unemployment rate unchanged at 3.7% in Nov
In December, UK payrolled employment rose 28k or 0.1% mom to 29.9m. That’s a rise […]