China NBS Non-Manufacturing PMI came in at 50 below forecasts (50.2) in November Source link
China NBS Manufacturing PMI meets expectations (50.3) in November Source link
China Consumer Price Index (MoM) below expectations (-0.1%) in October: Actual (-0.3%) Source link
China Producer Price Index (YoY) below forecasts (-2.5%) in October: Actual (-2.9%) Source link
China Consumer Price Index (YoY) came in at 0.3% below forecasts (0.4%) in October Source link
China’s Premier Li Qiang said at an Import Expo in Shanghai on Tuesday that he is “confident of meeting this year’s growth target.” Additional comments Must build a stronger consensus for opening up. China will upgrade free trade zones. China will explore free trade and investment agreements with other countries. China will continue to open […]
WTI lacks any firm intraday direction on Tuesday amid mixed fundamental cues. Concerns about slowing demand continue to act as a headwind for Oil prices. Middle East tensions warrant some caution before positioning for further losses. West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day’s modest gains and oscillate […]
China Consumer Price Index (YoY) below expectations (0.6%) in September: Actual (0.4%) Source link
China Producer Price Index (YoY) below expectations (-2.5%) in September: Actual (-2.8%) Source link
AUD/USD trades with negative bias for the fifth straight day amid a modest USD strength. Disappointment over China’s stimulus update exerts additional pressure on the Aussie. Traders now look to FOMC minutes for short-term impetus ahead of US inflation figures. The AUD/USD pair attracts fresh sellers following an intraday uptick to the 0.6760 area and […]
Asian equities trades were mixed on Monday. Chinese stocks close sharply higher due to Beijing’s stimulus measures. Nikkei was down over 4.80% after Ishiba won the LDP election. Asian stock markets trade mixed on Monday. The Chinese stocks lead gains on more policy measures in China, while the concerns Japan’s new Prime Minister favores normalizing interest rates […]
Apple stock slides on lethargic iPhone 16 pre-orders. iPhone 16 first weekend pre-orders estimated down 13% from iPhone 15. Hot analyst Kuo Ming-Chi implies that Apple may need to cut prices in 2025. Kuo blames Chinese competition, late release of Apple Intelligence for reduced demand. Apple (AAPL) stock has moved lower on Monday after […]
