The background to this is that Chinese authorities are reviewing the Australian coal ban, which has been in place since 2020 Chinese coal imports are once again permitted, Chinese media reported. The Global Times reported that Chinese companies have placed a large order for Australian coal. From the Wall Street.
Catching up on this from overnight. LKAB is a Swedish iron ore miner. Its announced its found Europe’s largest deposit of rare earth elements. “This is the largest known deposit of rare earth elements in our part of the world, and it could become a significant building block for producing.
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: This article was written by Eamonn Sheridan at www.forexlive.com.
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According to the December US CPI report, the result was in line with expectations at +6.5% year-on-year. The initial jobless claims for the US came in at 205K, which was lower than the 215K predicted. Fed’s Bullard noted that US households are still holding ample funds which should help to.
China’s COVID exports sank in December due to an explosion of COVID cases and sluggish global demand, say forecasters. Ports were likely to have been congested due to worker absenteeism, causing import delays. Japanese trade data is listed at 0300 GMT. The numbers might fall at any time between now.
It may be Friday the 13th tomorrow, but there’s no economic-related issues that should cause any alarm. The US economic calender will present the preliminary UMich consumer sentiment for the day of Friday. I maintain that this is an unreliable indicator which mainly reflects political sentiment. Lately, I sense that.
Bank of America Global Research discusses GBP outlook and targets GBP/USD at 1.12 and EUR/GBP at 0.89 by the end of Q1. “The UK asset markets have been reassured by the UK Budget and the overall approach of the new UK PM and Chancellor. Nevertheless, investors remain very skeptical toward.
At $421 billion vs $378 billion last year, fiscal year to date expenditures have risen to a record high. In December, the federal government racked up a deficit of $21 billion. These numbers do not appear to be favourable, but the market does not seem concerned about the fiscal situation.
I believe the BOJ has a much bigger impact on today’s trading than CPI. I think the BOJ has a much bigger impact on today’s trading than CPI. The fresh hints overnight that the BOJ will end yield curve control next week ignited a surge in the yen. Japanese debt.
3.585% yield at the time of the auction WI level at 3.609% Tail of -2.4 basis points in comparison to the six-month average of -0.2 Bid to cover ratio of 2.45X relative to the six-month average of 2.37X Domestic demand (Directs) at 16.33%, average of 19.0% over the past six.
The US treasury will auction 18 billion 30-year bonds at 11:00 a.m. In Tuesday and Wednesday sales, it sold three-year and 10-year notes. To a large degree, international demand for the three-year and 10-year notes was strong, although domestic interest was moderate. The six-month average of the components is as.