Tag: china
Yuan Devaluation to Accelerate
Chinese policymakers are at a crossroads as the word around them crumbles and surging debt levels create unique risks for the economy. At the...
Shanghai Composite Dives More than 6% in Renewed Volatility
Chinese stocks took a beating on Tuesday, with the Shanghai Composite plunging to its lowest level in 14 months after a late selling frenzy...
Asian Stocks Rebound after China GDP Figures Fuel Stimulus Bets
Asian markets rose on Tuesday, with Chinese stocks jumping by the most in two months after weaker than expected economic data raised the prospect...
Nikkei Declines Sharply as Yen, Commodities Weaken
Asian stocks were mostly down on Monday, while the Japanese yen weakened after China’s central bank bolstered its yuan fixing in an effort to stabilize...
A fear surrounding the state of China’s economy pushes Oil to...
West Texas Intermediate crude oil broke below the $30 psychological support for the first time since winter 2003 due to oversupply in the market...
Markets Rise after Stronger than Expected Chinese Trade
Stock markets in Europe and Asia swung higher on Wednesday and oil prices also rebounded after better than expected Chinese trade figures eased concerns...
tradersdna Weekend Overview: And Then We Trade…
“We are broke and don’t even know it ... we are having our cake, eating it at the same time and believing that a...
Trapped Traders®: #NFP, #USDCAD, #NZDUSD
Many years ago, there was a book called "The Rat Trap" written by a Swedish writer Selma Lagerlof. It's an interesting story that reads...
Prodigy tradersdna: Selling #AUDUSD weakness on Rallies into Resistance Zone
Yesterday, the suggestion was to buy the #USDCHF on dips into support. We’ve had two opportunities to see that happen over the past 24...
US Dollar Surges amid China Growth Woes
The US dollar traded higher against a basket of currencies on Tuesday, climbing for a seventh consecutive day amid renewed fears about a protracted...
Global Stocks Plunge amid Rout in Chinese Markets
European stocks plunged on Monday and American futures fell more than 1% after a fresh sell-off in China shaved nearly 7% off the Shanghai Composite...
Oil Prices Hit 2009 Lows, Global Stocks Plunge
Oil prices plunged to new seven-year lows on Tuesday, dragging down global stocks in belated response to OPEC’s decision last week to keep crude...
Asian Stocks Snap Back on China Data
Asian stocks rebounded following last week’s rout, as investors digested mixed China manufacturing data amid ongoing brokerage probes.
Mainland China stocks posted modest gains on...
Asian Stocks Rise on Prospect of China Stimulus
Asian stocks diverged Monday, but closed mostly higher after government data showed another deterioration in China’s terms of trade, raising the prospects of additional...
Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls
The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...
Chinese Stocks Decline as Manufacturing Sector Contracts in October
Stocks in mainland China declined on Monday after data showed another contraction in the country’s manufacturing sector, reducing hopes that the world’s second-largest economy...
Global Stocks Roar Back on China Rate Cut, Draghi Guidance
Global stocks surged Friday after China cut interest rates for the sixth time in a year, adding to optimism that the European Central Bank...
Stimulus Bets Boost Chinese Stocks
Chinese stocks ended mostly higher on Tuesday, buoyed by expectations for additional stimulus from the People’s Bank of China after economic growth slowed to...
