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Ubs raises its china growth forecast for 2023 from 4.9% to 5.4%
UBS has issued a revised growth forecast for China in 2023, raising its estimate to 5.4% from 4.9% previously.
- for CPI UBS forecast for ...
Ray dalio’s bridgewater associates raises new fund strategy less dependent on equities
A source close to Bridgewater said the strategy, which has not been reported previously, is designed to help weather equity bear markets and generate ...
Pound sterling price news and forecast: gbp/usd holds lower ground near intraday bottom
GBP/USD prints mild losses around 1.2030-35 during early Monday, consolidating the first weekly gains in three amid the market’s cautious mood ahead...
South korea proposes to compensate victims of japan’s forced labour through its public foundation
SEOUL (Reuters) – South Korea’s foreign minister, Park Jin, said on Monday the government plans to compensate victims of Japan’s wartime forced ...
: amazon to close 8 of its cashierless go convenience stores
Four Amazon Go stores in San Francisco will close, along with two in New York City and two in Seattle. Read Full Story The post : Amazon to close 8 of...
Vice chair of china's state planner says china's economy is steadily improving
Comments from Vice Chair of the National Development and Reform Commission of the People's Republic of China (NDRC) after the country's growth targ...
Usd/jpy bulls to target 136.500 or face a test at 135.000
It is a quiet day for the USD/JPY. There are no stats from Japan to digest, leaving investors to consider policy divergence ahead of US stats. The pos...
Analysis-china’s chip sector needs more than state money to dull impact of us restrictions
By Josh Horwitz SHANGHAI (Reuters) – China plans to splurge to help its chip sector overcome U.S. export curbs, but money can only do so much unless...
Eth remains at risk of sub-$1,500 on shanghai upgrade delay
It was a mixed end to a bearish week for BTC and ETH. We are likely to see another choppy week, with crypto mining and Fed Chair Powell in the spotlig...
Dollar subdued as traders eye powell testimony, jobs report
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Res...
Oil prices open lower on modest chinese growth forecast
By Sudarshan Varadhan (Reuters) – Oil prices opened lower on Monday after China set a modest target for economic growth this year of around 5%, lowe...
Icymi - saudi aramco increased most official oil selling prices for asia in april
Saudi Arabia raised prices of oil shipments into Asia and Europe for next month, April.State-controlled Saudi Aramco increased the company’s main...
Live news: asia equities rise as wall street gains boost investor sentiment
Oil prices dropped on Monday as markets reacted to a modest annual growth target set by Beijing at China’s annual National People’s Congress. Bren...
Gold price forecast: xau/usd bears are in play with eyes on fed’s powell and nfp
Gold is under pressure as the US Dollar firms in the open. Eyes are on Fed’s chair Jerome Powell and NFP this week. Gold price is slightly offered a...
First mover asia: bitcoin is stuck between silvergate and china
Both bitcoin and ether are starting the week off flat, with the world’s largest digital asset at $22,463, up 0.6% on-day, and ether at $1,569, up 0....
Eur/usd grinds higher past 1.0600 ahead of eurozone retail sales, focus on fed chair powell, us nfp
EUR/USD struggles to defend the biggest weekly gains in two months, steadies of late. Strong EU data backs hawkish ECB talks and favor Euro buyers ami...
S.korea inflation slowest in 10 months, bolsters views for no more hikes
By Jihoon Lee SEOUL (Reuters) – South Korea’s consumer prices for February grew at their slowest pace in 10 months, bolstering views that the cent...
The rba expected to raise its cash rate again on tuesday, gov lowe speaks the next day.
In the statement accompanying the February RBA rate hike Governor Lowe as good set out the next two rate hikes, at least, saying:
- furthe...
Klaytn blockchain will focus on increasing klay token demand in 2023
Gas burns, also known as coin burnings, are when a project decides to take a certain number of coins out of circulation from the fees that blockchain ...
The global bamboo straws market is expected to reach us$ 7.3 million by the end of 2032 | future market insights, inc.
During the forecast period, the food service segment is likely to be the fastest-growing capacity segment in the global bamboo straws market. Dragonfl...
Japanese yen firms ahead of powell and boj as us dollar pauses. where to for usd/jpy?
The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be p...
Usd/jpy price analysis: bears in charge while below 136.50
USD/JPY bears are in play and there is a bias to the downsidse following a series of bearish features taking shape on the follwing techncial analysis:...
Russia’s wagner chief warns of frontline collapse if forced to retreat from bakhmut
(Reuters) – The founder of Russia’s Wagner mercenary force said his troops now tightening their grip on the Ukrainian city of Bakhmut were being d...
Pboc sets usd/ cny reference rate for today at 6.8951 (vs. estimate at 6.8932)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictio...
New zealand – anz commodity price index for february +1.3% m/m (prior -1.0%)
ANZ’s indicator of price trends for New Zealand’s 17 main commodity exports. Had been falling m/m for 10 consecutive months before the rise. In NZ...
Aud/usd price analysis: pullback from 50-ema highlights 0.6720 support
AUD/USD pares the first weekly gain in three around the lowest levels in two months. Convergence of 100-EMA, one-month-old descending resistance line ...
Economic report: ‘affordability is hindered’: mortgage rates rise for fourth week in a row, briefly touching 7%
This week, the 30-year fixed mortgage rate hit 7.1%, according to the latest data from Mortgage News Daily. Read Full Story The post Economic Report: ...
Mufg targets usd/jpy to 133 in q2 and as low as 127 in q4
This is via the folks at eFX.
For bank trade ideas, ...
Rugby league-bennett at it again as dolphins make a mark on nrl debut
SYDNEY (Reuters) – Supercoach Wayne Bennett worked his Midas touch once again at the weekend as his National Rugby League (NRL) debutant Dolphins st...
U.s. defense secretary aims to reassure mideast allies, deliver tough message
By Idrees Ali AMMAN (Reuters) – U.S. Defense Secretary Lloyd Austin, in Jordan to begin a three-country Mideast visit, is aiming to reassure key all...
Xrp hit by fud news of sec v ripple judge being a deep state member
It was a bearish Sunday for XRP, which bucked a bullish crypto market trend. FUD news likely weighed, with no SEC v Ripple case updates to consider. T...
Gold slips; focus on fed commentary, labor data
Gold prices edged lower in early Asian trade. Focus was likely to be on further commentary from the U.S. Fed and labor data due later in the week. Rea...
Audusd shifts the medium-term outlook to bearish
video AUDUSD is still developing below the penetrated medium-term uptrend line with strong resistance being also the 200-day simple moving average (SM...
: softbank’s arm looks to raise at least $8 billion in u.s. ipo later this year: report
Arm Ltd., the British chip designer owned by Japan’s SoftBank Group Corp., is seeking to raise at least $8 billion in an upcoming U.S. initial publi...
Ex-jpmorgan bankers start emerging market infrastructure investment firm
LONDON (Reuters) – Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastru...
