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RBA holds – Nvidia ensures AI-spend continues
Asia market update: Treading water amid JP holiday and ahead of US July CPI on Wed; RBA holds; Nvidi...
Canadian Dollar hangs near one-month low vs bullish USD; rising Oil prices limit losses
The USD/CAD pair trades with a positive bias above mid-1.3700s during the Asian session on Monday, though it remains below a one-month top touched last Friday.
New Zealand Dollar holds losses below 0.5850 on weak Chinese data
The NZD/USD pair trades in negative territory around 0.5830 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) faces some selling pressure following the downbeat Chinese economic d ...
China Fixed Asset Investment (YTD) (YoY) registered at -1.6%, below expectations (1.6%) in April
China Fixed Asset Investment (YTD) (YoY) registered at -1.6%, below expectations (1.6%) in April
China’s Retail Sales rise 0.2% in April, Industrial Production up 4.1%
China’s Retail Sales rose 0.2% year-over-year (YoY) in April vs. 2.0% expected and 1.7% in March, the latest data released by the National Bureau of Statistics (NBS) showed Monday.
China Retail Sales (YoY) came in at 0.2%, below expectations (2%) in April
China Retail Sales (YoY) came in at 0.2%, below expectations (2%) in April
China Industrial Production (YoY) registered at 4.1%, below expectations (5.9%) in April
China Industrial Production (YoY) registered at 4.1%, below expectations (5.9%) in April
Silver Price Forecast: XAG/USD falls to near $75.00 as Fed turns hawkish
Silver price (XAG/USD) extends its losses for the third successive day, trading around $74.20 per troy ounce during the Asian hours on Monday. Silver prices fall because a Middle East energy shock is ...
British Pound seems vulnerable near 1.3300 vs USD on Iran tensions, UK political turmoil
The GBP/USD pair adds to last week's heavy losses and remains under some selling pressure for the fifth consecutive day on Monday. Spot prices drop to the 1.3300 mark, or the lowest level since April ...
China House Price Index : -3.5% (April) vs previous -3.4%
China House Price Index : -3.5% (April) vs previous -3.4%
PBOC sets USD/CNY reference rate at 6.8435 vs. 6.8415 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8435 compared to Friday's fix of 6.8415 and 6.8086 Reuters estimate.
UAE and Saudi Arabia report drone incidents attacks — Reuters
The United Arab Emirates (UAE) officials said that a drone strike had triggered a fire near its nuclear power station, calling the incident a "dangerous escalation,” Reuters reported on Sunday.
Japanese Yen weakens as hawkish Fed bets drive USD higher
USD/JPY extends its gains for the sixth successive day, trading around 158.90 during the Asian hours on Monday. The US Dollar (USD) gains value against other currencies because the US Federal Reserve ...