Chinese refineries continued to import large quantities of crude oil in April, Commerzbank’s commodity analyst Carsten Fritsch notes. US places independent refineries from China on…
The Unemployment Rate in Canada rose to 6.9% in April. USD/CAD trades marginally lower on the day near 1.3900. The Unemployment Rate in Canada edged…
The SPDR S&P 500 ETF also showed up on the list for the first time ever. Capital One Financial (NYSE:COF), which recently received regulatory approvals…
China’s Trade Balance for April, in Chinese Yuan (CNY) terms, came in at CNY689.99 billion, showing a slight cooling off from the previous figure of CNY736.72…
The latest data published by the People’s Bank of China (PBOC) showed that China continued to build its Gold reserves for a sixth month in…
China’s Services Purchasing Managers’ Index (PMI) declined to 50.7 in April from 51.9 in March, the latest data published by Caixin showed on Tuesday. The…
ISM Services PMI increased to 51.6 in April, surpassing consensus. The US Dollar started the week on a back foot around 99.50. Economic activity in…
EUR/USD rebounds above 1.1300 as the US Dollar retraces ahead of the US NFP data for April. Flash Eurozone HICP shows that inflationary pressures grew…
The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat…
Nonfarm Payrolls are expected to rise by 130K in April, lower than the 228K gain reported in March. The United States Bureau of Labor Statistics…