The rush to sell risk assets is becoming a stampede, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. Stocks keep falling as China…
Gold price clings to minimal gains, above $3,100 as yields rise. US President Donald Trump announces reciprocal tariffs and blanket 10% tariffs on all imports.…
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to…
Data published this week by the Hong Kong Statistics Authority on Gold trade with China confirmed the picture of very weak demand for Gold in…
NZD/USD appreciates as sentiment improves following S&P Global Ratings’ projection that New Zealand will be less affected by US tariffs. Bullish momentum persists in New…
AUD/USD rose toward the 0.6300 area, trading near 0.6270 during Monday’s American session. Sentiment improved after stronger Australian PMI data and speculation of softer US…
AUD/USD drifts higher to 0.6280 in Monday’s early Asian session. Cautious RBA stance and China support underpin the Aussie. The preliminary reading of the US…
AUD/JPY gains as the JPY weakens ahead of the Bank of Japan’s monetary policy decision. The BoJ is expected to keep interest rates unchanged at…
China has vowed to revive consumption by raising people’s incomes as a key driver of economic growth, the official Xinhua News Agency reported on Sunday. …
NZD/USD declines as the New Zealand Dollar comes under pressure from deepening deflationary concerns in China. The NZD weakened amid escalating global trade tensions after…