USD/JPY extends fall to lowest in over seven months

It is quite evident that the dollar is currently facing a great amount of pressure as the technicals suggest that the pair is going to move downward. Yesterday’s drop below 130.00 confirms the downward trend witnessed in the last stages of last year, with no signs of a reversal in.

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UK monthly GDP on the cards in the session ahead

The yen’s strong rise yesterday was driven in part by intensifying speculation that the BOJ will soon announce a policy tweak or signal further intentions at its next meeting. Markets were also whipsawed after US CPI data came out, which added to the dollar’s woes. However, the market’s mood has.

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BOJ finding it tough as markets poke and prod for a policy shift

The BOJ is facing a lot of strain right now as they try to keep the yield curve in check, just days after they raised their new upper limit of 0.50% to 0.52%. Market players are hoping for a policy change at the meeting next week, so they’re trying to.

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Dollar faces added pressure after yesterday’s CPI data

The US CPI figures being within expectations created a quandary in the market, as the dollar oscillated between movements in response and after the report. Looking at the EUR/USD price activity would lead one to see the report as being on the gentler side. If you’re basing your trades on.

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Tesla (TSLA) cuts prices of Model 3 and Model Y by 6% to 20% in the US

 Tesla is lowering the prices of its Model 3 and Model Y models by 6% to 20.

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Chinese Government Reveals Extensive Support for Real Estate Market

According to China’s December trade data, exports declined 9.9% year-on-year, meeting expectations. Imports declined 7.5% y/y (vs. -9.8% expected). The Federal Reserve is “almost done raising rates”, and investors must consider the possibility of higher rates for a longer period. To maintain control, China is taking small stakes in tech.

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Trade in USD Terms in China Sees Exports Down by 9.9% Year-on-Year (vs. Expected -10.0%) and Imports at -7.5% (vs. -9.8%) in December

China’s USD terms trade declined 9.9% in 2017 (down 10.0%). The 2018 forecast for imports and exports is 7.5% and 9.8% lower, respectively, than 2017. As well as being a low-quality country, China is unique in that it has a large trade surplus with the US. The forex surplus increased.

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China is taking small stakes in tech firms to tighten control over them

China is taking small stakes in tech firms in an effort to have tighter control over them, according to the Financial Times. On Friday, Reuters offered a brief recap of the story, which focused on its aspects. In recent years, Beijing has invested in non-public online media companies—typically about 1%.

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China will encourage negotiations with quality property developers on debt extension

More from Xinhua on the roll-out of further property sector support measures: The Chinese authorities intend to boost developers’ balance sheets via loans and bond issuances. The government’s plan is to improve developers’ balance sheets by improving quality firms with big size and systemic significance. Financial institutions will be encouraged.

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Chinese state media announce a 100bn yuan housing rental loan plan, other measures

Xinhua with the news: China to issue further policies to support housing rental market including a 100bn yuan housing rental loan plan – China has been rolling out support measures directed at the property sector. There are more. This article was written by Eamonn Sheridan at www.forexlive.com.

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Australian housing finance (November) dribbling lower in the face of higher interest rates

According to expert forecast, the Reserve Bank of Australia will raise the cash rate to 3.35 percent when the next meeting takes place on February 7. But the current market price is not in line with that magnitude of an increase. Inflation is currently approaching 7 percent, which is way.

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FT – UK mortgage costs have risen to highest proportion of income since financial crisis

Financial Times with the news, not surprising given the rapid ramp-up of interest rates from the Bank of England in its battle to contain inflation. The Financial Times is gated. This article was written by Eamonn Sheridan at www.forexlive.com.

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