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$5bn acquisition of israeli chip manufacturer by intel has been called off, china said no
AP with this report on a deal between a US and Israeli firm scuttled by China. A $5.4 billion acquisition of Israeli chip manufacturer by Intel has be...
Euro vulnerable against a runaway us dollar with treasury yields jumping
The Euro succumbed to US Dollar ascendency along with many other currency pairs and the dynamics coming out of China might have more legs yet. Will EU...
Nzd/usd price analysis: prods golden fibonacci ratio to refresh ytd low near 0.5900
In doing so, the Kiwi pair justifies the previous week’s downside break of the 0.5985 support comprising May’s low while poking the 61.8% Fibonacc...
: sinclair accused of driving regional-sports subsidiary into bankruptcy
Sinclair Broadcast Group Inc. wrongfully drained at least $1.5 billion from its regional-sports-network subsidiary in the years leading up to its bank...
China trust company zhongzhi is planning a debt restructuring
The shadow banking firm has missed payments. News wires quote unnamed sources saying the firm has a liquidity crisis.Its not the only one:The latest n...
Dow jones newswires: china demands u.s. lift steel, aluminum tariffs after wto ruling
A WTO dispute settlement panel said Wednesday that China acted “inconsistently” with the WTO obligations by imposing additional duties on some U.S...
Australian employment down -14.6k, but hours worked continue to rise
Australia witnessed a contraction in employment by -14.6k in July, starkly missing expectations of a 15.2k growth. This decline was majorly attributed...
Forexlive asia-pacific fx news wrap: usd edges higher still
Morgan Stanley cuts China 2023 GDP growth forecast to 4.7% (from 5.0%)Further Chinese intervention to prop up the yuan: State banks USD/CNY sellersAUD...
Indian shares set to open flat amid risk aversion in global equities
India’s GIFT Nifty on the NSE International Exchange was down 0.07% at 19,398.50 at 7:54 a.m. IST. U.S. equities fell overnight after minutes of the...
Bitcoin price at risk of fresh low below $28,000
Key Highlights Bitcoin price is struggling to rise above the $30,000 resistance. A key bearish trend line is forming with resistance at $29,350 on the...
Rbnz orr: we don’t feel a rush to be changing rates anytime soon
In a Bloomberg TV interview, RBNZ Governor Adrian Orr indicated that a forthcoming mild recession is the “bare minium” for New Zealand, as “dema...
Asure software, inc. announces pricing of public offering of common stock
AUSTIN, Texas, Aug. 16, 2023 (GLOBE NEWSWIRE) — Asure Software, Inc. (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM...
Morgan stanley cuts china 2023 gdp growth forecast to 4.7% (from 5.0%)
Morgan Stanley has jumped on board to cut its economic growth forecast for China:cuts 2023 GDP growth forecast to 4.7% from their previous forecast at...
Hawkish tilt evident in fomc minutes, yet rate hike skepticism remains
The minutes from FOMC meeting on July 25-26 signal a clear division within the committee regarding the path of future monetary tightening, with a slig...
Australian dollar falls after jobs data miss; how much more downside for aud/usd?
AUD/USD fell after the Australian economy created fewer-than-expected jobs last month. To what extent could AUD/USD fall and what are the key levels t...
(fed) minutes of the federal open market committee
July 25-26, 2023 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices...
Further chinese intervention to prop up the yuan: state banks usd/cny sellers
Major Chinese State owned banks selling dollars to buy yuanhad been doing so earlier this week during Asia hours, also during London and US hoursonce ...
Dow jones newswires: china evergrande posts sharply narrowed 2022 loss as it tries to bounce back
China Evergrande Group, the world’s most indebted developer, narrowed its losses significantly in 2022 as it clawed its way back to the business of ...
Arhaus announces pricing of secondary offering of class a common stock by selling stockholders
BOSTON HEIGHTS, Ohio, Aug. 16, 2023 (GLOBE NEWSWIRE) — Arhaus, Inc. (Nasdaq: ARHS) (“Arhaus” or the “Company”), a rapidly growing lifestyle ...
Australian dollar falls after jobs data miss; how much more downside for aud/usd?
AUD/USD fell after the Australian economy created fewer-than-expected jobs last month. To what extent could AUD/USD fall and what are the key levels t...
Hawkish tilt in fed minutes, while trade data in asia weakened: gold, usd/sgd, us dollar
It was another down day in Wall Street, as statements from the FOMC minutes did not reflect the level of unity among policymakers to pause rates as wh...
Pound sterling price news and forecast: gbp/usd holds above the 1.2700 area amid a firmer dollar
The GBP/USD pair struggles to gain and remains well-supported above 1.2700 during the early Asian session on Thursday. The odds for a further tighteni...
Australian employment report shuts the door on the rba
Australian employment figures delivered a gloomy picture, easing the prospects of an RBA rate hike after the softer-than expected wage growth numbers....
Aud/usd marked lower after the poor employment report - is there a caveat though?
The data is here, a large drop in full time employment makes the report even worse then the sad headlines:Australia July Jobs -14.6K (vs. +15K expecte...
Audusd wave analysis
AUDUSD broke support level 0.6460 Likely to fall to support level 0.6400 AUDUSD currency pair under the bearish pressure after breaking below the key ...
Usdcad wave analysis
USDCAD broke resistance level 1.3470 Likely to rise to resistance level 1.3635 USDCAD currency pair recently broke the key resistance level 1.3470 (wh...
Aud/usd slides below 0.6400 to refresh ytd low as downbeat australia employment report joins hawkish fed bias
AUD/USD justifies downbeat Australia employment data, as well as the broad risk-off mood, by refreshing the Year-To-Date (YTD) low near 0.6370 during ...
Usd/jpy trades with modest gains around mid-146.00s, highest since november 2022
The USD/JPY pair builds on this week’s breakout momentum through the 145.00 psychological mark and climbs to a fresh YTD top during the Asian sessio...
Australia july jobs -14.6k (vs. +15k expected) & jobless rate 3.7% (vs. 3.5% exp)
A sad report from Australia. Outsized fall in full time employment is not encouraging. AUD/USD marked lower to under 0.6370.The unemployment rate at 3...
Hong kong's hang seng index to open nearly 2% lower today, down 20% from january high
Hong Kong's Hang Seng index into bear market territory, down more than 20% since its high back in January 2023 This article was written by Eamonn Sher...
Pboc sets usd/ cny central rate at 7.2076 (vs. estimate at 7.3047)
The Bank is accepting a falling yuan, but not at the pace the market is pricing. Another huge discrepancy between the modelled expectation and the PBO...
Hsbc highlight two continuing headwinds that'll drive the chinese yuan even lower
HSBC say that CNY could face more headwinds from China’s persistent run of weak data and further widened yield disadvantageAnd that People's Bank of...
Singapore july exports slump, nodx down 20% y/y
Singapore Non-oil Domestic Exports (NODX) for July 2023-3.4% m/m expected +1%, prior +5.4% -20.2% y/y expected -14.4%, prior -15.5%-Singapore Non-oil ...
Usd/chf challenges the 0.8800 area amid the usd demand
The USD/CHF pair edges higher to the 0.8800 area during the early Asian trading hours on Thursday. Meanwhile, the US Dollar Index (DXY), a measure of ...
Usd/cad price analysis: pokes six-week-old resistance above 1.3500 amid overbought rsi
USD/CAD grinds at the highest level in 11 weeks as bulls take a breather after three-day uptrend. Overbought RSI (14) line, 1.5-month-long rising tren...
