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2024-07-07 09:05:20 ET More on Goldman Sachs Physical Gold ETF, Chinese Yuan / US Dollar, etc. Can Gold Regain Its Rallying Ways After Recent Bouts Of Volatility? World Central Bank Demand For Gold Pushes Metal To New Highs It's Time For Gold To Move Higher T...
2024-06-21 14:33:59 ET More on the markets China Stocks Ready To Resume Uptrends Short interest on the two biggest U.S. equity ETFs have fallen to record lows - JPMorgan After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities The S&P 500 ...
2024-06-15 12:30:00 ET More on the markets Catalyst Watch: HP Enterprise event, Walmart+ Week, Pure Storage buzz, and triple-witching volatility S&P 500 snaps four-day win streak, but gains for the week Stock Market Volatility May Be Due For A Significant Move Hi...
2024-06-14 12:45:47 ET More on US Dollar / Chinese Yuan: China’s factory sector reverses toward growth in March China's yuan falls to lowest in four months on back of weaker daily fixing Read the full article on Seeking Alpha For further details see: ...
2024-06-14 03:26:51 ET Summary The Federal Reserve met in June, holding interest rates steady, pointing to one rate cut in 2024, and pushing their inflation forecasts higher. The meeting went as expected, with inflation remaining well above the Federal Reserve’s target rate...
2024-03-31 09:24:41 ET More on Chinese Yuan / US Dollar, Dow Jones China Broad Market Index, etc. China's yuan falls to lowest in four months on back of weaker daily fixing Three reasons why to expect USD strength - MS Read the full article on Seeking Alpha F...
2024-03-25 12:05:00 ET Summary Friday's move in USD/CNY raised speculation that the PBOC was preparing to allow a new period of weakness for the renminbi. Today's market activity suggests otherwise. USD/CNH dropped sharply from around 7.28 before the fixing to just below 7.24 - bu...
2024-03-22 15:18:45 ET More on US Dollar / Chinese Yuan Three reasons why to expect USD strength - MS Read the full article on Seeking Alpha For further details see: China's yuan falls to lowest in four months on back of weaker daily fixing
2024-02-07 07:08:00 ET Summary The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China’s GDP growth for the fourth quarter rose from 4.9% year-on-year to 5.2%, bringing ...
2024-01-30 09:45:46 ET More on US Dollar / Chinese Yuan: China pledges to strengthen fiscal policy to fuel economy's recovery Moody's revises China's credit outlook to negative, affirms A1 rating Read the full article on Seeking Alpha For further details see:...
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China is among the world’s leading economies , with the country’s gross domestic product second only to that of the United States as of 2023. The country of over 1.41 billion people has a bigger economy than the European Union and holds more foreign exchange reserves than any ...
The USD/CNY exchange rate has been in a steep sell-off as China’s fundamentals improved. It crashed to a low of 6.945, the lowest level since September 14. The Chinese yuan has crashed by more than 4.7% from its highest level in November. Chinese reopening continues The...
Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation . On Monday, the British pound slightly dropped 4% to $1.0382 in Asian Markets aft...