Trading news

Expert's opinion from FXFinPro

Data from China have led to increased interest in defensive assets


Today was published statistics on China’s manufacturing PMI from Caixin, which in December fell to 48.2, against the forecast of 48.9 and the previous value of 48.6. In the report it was stated about the negative impact of external and internal factors and decline in exports. It is worth noting that the strong movements in the stock market in China continue to adversely affect the attitude of investors to risky assets and increase in the demand for gold and the Japanese yen. We expect stabilization of the situation in the near future and the resumption of the negative dynamics of gold and the Japanese yen.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Monday, 04 Jan, 2016 / 1:18

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Asian Shares Traded Mixed, AUD Pressured As RBA Is Set For Further Monetary Easing

Asian stocks traded mixed as investors digested the People's Bank of China's [...]

Posted on Tuesday, 20 Oct, 2020 / 9:46 under

Stimulus uncertainty hits sentiment; RBA flags more easing

  US stimulus talks make progress but short time window spooks [...]

Posted on Tuesday, 20 Oct, 2020 / 9:34 under

The Important Things That You Should Know On 20/10/2020

1) The US dollar retreated after US officials reported have made progress [...]

Posted on Tuesday, 20 Oct, 2020 / 9:25 under