The AUD/JPY pair is on a bullish streak, gaining momentum for the second consecutive day as it reaches a fresh weekly peak of around 97.00. The rise can be attributed
China's Trade Balance for July, in Chinese Yuan terms, came in at CNY601.98 billion, shrinking from the previous figure of CNY703.77 billion. Exports increased by 6.5% YoY in July vs. 10.7%
The Future of Trade between China and the West: What Investors Need to Know As the trade relationship between China and the West continues to deteriorate, investors are left wondering
China's Services Purchasing Managers' Index (PMI) soared from 51.2 in June to 52.1 in July, surpassing market expectations by a significant margin, as per the latest data released by Caixin
Breaking News: PBOC Sets USD/CNY Central Rate at 7.1345 - What Does This Mean for Your Finances? As the world's top investment manager and financial market journalist, I am here
As the downward momentum in the financial markets continues to gather strength, the risk of the US Dollar (USD) breaking below the critical level of 7.2037 is becoming increasingly likely.
According to UOB Group economist Ho Woei Chen, China's manufacturing and non-manufacturing PMIs have softened further in July, indicating a slowdown in the momentum of the country's economy. Deflationary Pressure
Standard Chartered economists Hunter Chan and Shuang Ding provide insights into China's economic performance in July. The official manufacturing PMI remained below 50 for the third consecutive month, indicating a
The AUD/USD pair is facing selling pressure after a brief uptick to the mid-0.6500s, reaching a fresh daily low in the early European session on Thursday. Currently trading around 0.6515,
The AUD/JPY cross continues its downward trend for the third consecutive day, hitting a fresh multi-month low around the 97.20 region. This decline is attributed to the recent strength of