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Forex
IMF Deputy Managing Director sees scope for more policy to address China property sector
IMF Deputy Managing Director Gita Gopinath speaking from Beijing: We see scope for a more comprehensive policy package to address property sector issuesCentral...
USD/CAD appreciates to near 1.3650 due to a downward correction in Oil prices
USD/CAD edges higher for the second consecutive day, trading around 1.3650 during the Asian hours on Wednesday.
IMF lifts China’s economic growth target from 4.6% to 5% in 2024
Having upgraded China’s economic growth target from 4.6% to 5% in 2024, the International Monetary Fund (IMF) Deputy Managing Director lauded China’s effort...
U.S. Consumer Confidence Improved for the First Time in Four Months
The Conference Board printed a stronger than expected consumer confidence reading for May while the previous month reading enjoyed an upgrade.
UK stock market watch
This is an interesting week to trade UK equities. The election campaign is in full swing ahead of the July 4th vote, and...
The IMF has upgraded China’s economic growth target to 5%, from 4.6%
The International Monetary Fund (IMF) says China's economy is set to grow 5% this year, after a "strong" first quarterupgrading its earlier forecast...
AUD popped after the higher than expected monthly inflation data
The Australian monthly inflation data is here:Australian April CPI 3.6% y/y (expected 3.4%)As I pointed out a couple of times, the monthly CPI...
BoJ’s Adachi: Central bank must maintain accommodative financial conditions until price goal achieved
Bank of Japan (BoJ) board member Seiji Adachi stuck to his dovish rhetoric during his speech on Wednesday.
Bearish signal spotted at key resistance level [Video]
Watch the video below extracted from the WLGC session before the market open on 28 May 2024 to find out the following: The...
BOJ’s Adachi says if excessive yen falls impact inflation, policy response becomes option
Bank of Japan board member Seiji AdachiChanging monetary policy frequently to stablise fx moves would lead to big changes in rate movesIf interest...