China’s April data sent a mixed message about the economy. Retail sales expanded +17.7% y/y in April, significantly weaker than consensus of +25% and March’s +34.2%. Urban fixed asset investment (FAI) growth moderated to +19.9% in the first 4 months of the year, from +25.6% in 1Q21. The market had anticipated a growth of +19%.
Month: May 2021
Julia Goh, Senior Economist, and Economist Loke Siew Ting at UOB Group assess the latest BSP event. Key Quotes “Bangko Sentral ng Pilipinas (BSP), as expected, maintained its accommodative monetary policy stance for the fourth straight meeting today (12 May). The overnight reverse repurchase (RRP) rate was left unchanged at 2.00%, the overnight deposit rate
Professional Forex Trading System & Analysis in the forex trading market by Asiaforexmentor. This week forex trading analysis – 21sept 2015 covers 3 pairs and the outlook of the US and Australia. Learn the full forex trading system used by professional forex trader that has made many successful students. http://www.asiaforexmentor.com
What are you looking to gain from the forex market? The Urban Forex Pro Trading Strategy is very likely to help you meet that target. In trading you can’t make decisions on a moving candle. Always do your analysis on closed candles only. And apply the same knowledge you use for entries for your exits
Forex Trading Strategy 100% Winning Trades – Win Every Trade You Take In this video you will see a secret that will never repeat itself ever again! the Forex trading strategy 100% winning trades win every trade you take with this trading strategy! finally a solution that will bit the market 100% always! don’t be
LNG also a target says a report from consultancy WoodMackenzie LNG is being targeted by smaller Chinese buyers (more on this from last week is here) sees no backing off from the Australia coal ban in China “An informal ban on thermal coal has been in place since 2020 and has affected trade flows and seaborne
The recent swing high ceiling comes in between $1841.82 to $1845.44 The price of gold is trading up about $14.50 or 0.80% at $1841.24. That moves the price closer to the high for the day and also to the swing high ceiling seen over the last week or so between $1841.82 and $1845.45. There were 4 consecutive
By Michael Bellusci It’s going to take more than a pesky pipeline shutdown to knock energy stocks off their pedestal as this year’s best performing group in the S&P 500. Indeed, while the market focuses on popular meme stocks, alternative energy plays, tech and Tesla, the best place to make money in 2021 has been
The forex markets are steady in Asian session today as sentiment stabilized, following strong rebound in US stocks overnight. Dollar is currently the second strongest for the week, just next to Sterling. But no key level was taken out with the rebound in the last few days. The greenback would need to look into retail
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images A brief drop in mortgage interest rates sent some borrowers rushing to their lenders to see if they could get any savings. That sent total mortgage application volume up 2.1% last week from
What you need to know on Monday, May 17: The greenback fell on Friday, following worse-than-expected US data. Retail Sales showed no growth in April, down from 10.7% in the previous month, while the core reading fell 1.5%. Also, the preliminary estimate of the Michigan Consumer Sentiment Index resulted in 82.8 in May, down from
Solana’s native SOL token is charting new highs on Sunday, gaining in U.S. dollars and in Bitcoin (BTC) on the back of growing network adoption and a key technical breakthrough. The SOL token peaked at $52.42 on Sunday, according to TradingView, having gained 24% over the 24-hour trading cycle. That marked a new all-time high
PM Boris Johnson speaking: We do not believe we need to delay reopening Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT British PM Boris Johnson press conference We have seen further clusters of Indian variant. There is some important unknowns including the variant is more transmissible If the variant is
100 day MA is at 13438.47 currently The NASDAQ index continues its move to the upside and is currently trading up over 300 points or 2.3% at 13428.03 (that is the high). The last move to the upside took the price back above its 50 hour moving average currently at 13407. The next target comes in at the 100
NEW DELHI: Gold import, which has a bearing on the country’s current account deficit (CAD), zoomed to USD 6.3 billion for the month of April due to a surge in domestic demand, according to the Commerce Ministry data. Silver imports during the month, however, dipped by 88.53 per cent to about USD 11.9 million. Gold
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A
This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines
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