Blog Template

Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited 0

January 6, 2023

The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the economy. The yuan was among the best performers for the day,

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears 0

Gold

January 4, 2023

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start to the new year as concerns over a looming recession and

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes 0

FOREX

January 4, 2023

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was dented by a warning from the

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin 0
- Economy
- January 3, 2023
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike in COVID-19 cases after it relaxed some restrictions intended to prevent the spread of the virus. The Caixin Manufacturing Purchasing Managers Index (PMI) read 49.0 in December, higher than forecasts
READ MORE
Dow Futures Tick Higher, Fed Minutes In Focus 0
- Stock Market
- January 3, 2023
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes. By 6:356pm ET (11:35pm GMT) Dow Jones Futures and S&P 500 Futures were up 0.3% while Nasdaq 100 Futures added 0.2%. Ahead
READ MORE
South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI 0
- Economy
- January 2, 2023
South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2
READ MORE

Latest Posts

Top Authors

EDITOR

ADMINISTRATOR

EDITOR

About PressRoom

PressRoom Ltd.

Phone & Fax

Get In Touch With Us

Latest Posts

Latest Galleries