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China to continue to tax cut & exemption policies for nev purchases in the next 4 years
China's Finance Ministry exempts purchase tax for New Energy Vehicles to end 2025Cuts the tax in half for NEV purchases 2026-2027Meanwhile, yuan lower...
Gbpusd daily analysis – june 21, 2023
The GBPUSD currency pair has exhibited a resilient uptrend, remaining within a rising price channel on the 4-hour chart. The pair’s upward movement ...
Asia day ahead: downbeat start to the week; chinese equities weigh
Major US indices kicked off the shortened trading week in the red, although the sharp paring of losses mid-day especially in the Nasdaq may still refl...
Gold price forecast: xau/usd bears finally in town as fed chair powell’s testimony looms
Federal Reserve Chairman Jerome Powell’s bi-annual Testimony will be crucial to watch for clear directions of XAU/USD. Read Full Story at source (ma...
Eur/usd price analysis: euro retreats towards 1.0900 within bull flag as fed, ecb talks eyed
Apart from the bullish chart formation and the below 50 levels of the RSI (14) line, the cautious mood ahead of speeches from multiple European Centra...
Xrp bulls to target $0.52 on institutional investor influx bets
It could be a big day for XRP as investors await Court rulings on the SEC v Ripple case. However, a lack of rulings would leave the Fed Chair to influ...
Eurusd daily analysis – june 21, 2023
The EURUSD currency pair has shown resilience in maintaining its uptrend, remaining above a rising trend line on the 4-hour chart. The pair’s upward...
Federal reserve chair powell testifies wednesday, 21 june. mester, goolsbee speak also.
Powell will be questioned in the Senate today. I suspect the two focal points of questioning will be why a pause in June and what will he do in July. ...
Usd/jpy bounces off 100-hour sma, trades with a mild positive bias above mid-141.00s
AUD/USD stays mildly bid around 0.6790 as it prints the first daily gains in four while bouncing off the one-week low marked the previous day. The Aus...
Boj's adachi says inflation has risen faster than i expected
Seiji Adachi is Member of the Policy Board of the Bank of Japan.inflation has risen faster than I expectedits too early to tweak monetary policyour ba...
Sun control films market valuation is estimated to reach us$ 11,224.4 million at a cagr of 5.6% during forecast period of 2023 to 2033 | future market insights, inc.
North America is expected to experience consistent growth due to the presence of renowned manufacturers like Avery Dennison Corporation and 3M in the ...
First mover asia: bitcoin has its eyes on $30k amid steadfast institutional interest
ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value l...
Aud/usd pares weekly losses around 0.6800 as markets brace for fed chair powell’s testimony
AUD/USD stays mildly bid around 0.6790 as it prints the first daily gains in four while bouncing off the one-week low marked the previous day. That sa...
Australian leading index -0.27% m/m (prior -0.03%)
Westpac-Melbourne Institute Leading Index for May 2023, main points made by WPAC on their data:The six-month annualised growth rate in the Westpac-Mel...
Aiaa announces 2023 ascend program focused on building our sustainable off-world future through collaboration
Learn why you should register now for 2023 ASCEND set for 23-25 October in Las Vegas, Nevada! RESTON, Va., June 20, 2023 (GLOBE NEWSWIRE) — The Amer...
Fundstrat’s tom lee names 3 trades investors should get into right now — and bitcoin’s one of them
The top Wall Street strategist predicts bitcoin will outperform the stock market and gives his five-year target. Read Full Story The post Fundstrat’...
Pboc is expected to set the usd/cny reference rate at 7.1802 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...
Btc bulls to target $30,000 for the first time since early may
Fed Chair Powell will deliver day 1 of testimony later today. However, the crypto news wires will also move the dial as sticky money targets BTC. The ...
U.s. president joe biden on tuesday called chinese president xi jinping a dictator
Reuters headline of Biden saying the quiet part out loud.Via Reuters: U.S. President Joe Biden on Tuesday called Chinese President Xi Jinping a dictat...
Eco data 6/21/23
The post Eco Data 6/21/23 appeared first on Action Forex......
Gold price forecast: xau/usd closes tuesday near monthly lows
The monthly low at $1,925 level stands as a key support level. If broken, the $1,915 area and psychological mark at $1,900 could come into play. Furth...
Boj minutes show belief that current monetary policy easing should be maintained (d'uh)
Bank of Japan April 2023 meeting MinutesHeadlines via Reuters: A few members pointed out that past price increases in commodities and raw materials co...
Gold market instability confuses investors
The price of gold is falling after scaling historic heights in recent years, putting investors in a quandary whether to sell and park their assets in ...
Gbp/usd price analysis: cable dribbles around resistance-turned-support near 1.2770 ahead of uk inflation
In a case where the GBP/USD pair breaks the 1.2645 support, the early June swing high of near 1.2545 will precede a 3.5-month-old ascending support li...
Chinese financial media cites analysts expecting further rate and rrr cuts this year
We've just seen rate cuts across 4 policy instruments from the People's Bank of China. PBOC Loan Prime Rates (LPR) CUT: 1-year 3.55% (prior 3.65%) & 5...
Japan - reuters tankan 3rd consecutive month of large manufacturer sentiment improving
Reuters tankan results for June 2023. Reuters polled 493 large companies, of which 232 responded.big manufacturers' sentiment index +8 (vs +6 in May),...
The rise of dexs: disrupting traditional centralized exchanges with tech advancements
Decentralized exchanges (DEXs) have emerged as a game changer in the world of cryptocurrency. DEXs, which are based on blockchain technology, provide ...
More on testimony from fed's cook & jefferson: critical, essential to bring down inflation
Federal Reserve Governor Lisa Cook and governor and vice chair nominee Philip Jefferson face a Senate Banking Committee confirmation hearing on Wednes...
Bitcoin breaks $28k for the first time since may
News of BlackRock’s upcoming Bitcoin ETF filing sparked optimism in an otherwise battered and bruised crypto market. Read Full Story The post Bitcoi...
Eur/usd: ecb hawks defend euro above 1.0900 despite fed rate hike signals, powell’s testimony eyed
Risk-off mood, upbeat US data and hawkish Fedspeak allow Euro bears to stay hopeful. Read Full Story at source (may require registration) The post EUR...
3d systems affirms commitment to pursuing combination with stratasys
Confirming multi-year prior engagement and several proposals sent since January 2021 Proposed combination positioned to deliver at least $100M of cost...
Market views: can soaring japanese equities go even higher?
Japanese stocks have hit their highest level in decades. FinanceAsia sister title, AsianInvestor, asks industry experts how much longer the optimism c...
Gold prices fall on strong dollar, u.s. housing data ahead of fed powell’s testimony
METALS STOCKS Gold futures fell Tuesday as U.S. traders returned from a three-day weekend, after retreating modestly last week after the Federal Reser...
Usd/jpy price analysis: bears eye a run to test 141 the figure
The bears were anticipated to move in which left the Fibonacci scale open for mitigation to the downside and move to test near-term trendline support....
Usd/jpy bulls to retarget 143 on hawkish day 1 powell testimony
It is a quiet day for the USD/JPY, with central banks back in focus. the BoJ monetary policy meeting minutes and BoJ chatter will draw early interest....
