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Tag: PBOC

Oil shorts are in control, Gold and Bitcoin remain heavy – MarketPulse

Oil’s 4% drop takes prices to a three-month low Gold lower but still holding key range Bitcoin remains heavy as some traders move to DeFi...

Week Ahead – Time for the Fed but first, it’s US inflation – MarketPulse

US The main event of the week is the FOMC decision, but before we get there, the May inflation report should show that inflation...

BOC rate hike rattles stock, bond and gold markets – MarketPulse

Stocks are declining after investors got spooked when the Bank of Canada restarted their rate hiking campaign. Canada’s central bank is viewed as...

Stocks lower as debt deal and more Fed tightening has economy recession bound – MarketPulse

US stocks are falling as the expected debt deal will prove to be negative for the economy as limited spending along with more...

Former PBoC official calls on China to reevaluate its ban on crypto

As cryptocurrencies look to be on the road to recovery, with prices rising and daily signs that adoption is on the rise, authorities...

Yuan weakness spooks China and Asia ex-Japan stock markets – MarketPulse

USD/CNH (offshore yuan) has surged to a 6-month high of 7.08. Since late Oct 2022, the movement of USD/CNH has had a high degree...

Gold rebounds on Powell Pause hopes and Debt-Limit Roadblock – MarketPulse

US oil rig counts fall 11 to 575 Gold starts to get shine back as safe-haven demand returns Bitcoin steadies near lower boundaries of trading...

Week Ahead – Debt ceiling drama, Turkish rate decision pre-Presidential run-off – MarketPulse

US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. It will be a...

MSCI Singapore: Under downside pressure from weak external demand – MarketPulse

Singapore’s weak manufacturing PMI & non-oil domestic exports for April are pointing to a risk of contraction for Q2 GDP growth. China’s recent lacklustre...

Week Ahead – Turkey heads to the polls, US retail sales eyed, China ponders rate cut – MarketPulse

US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, retail earnings, and bank stress. It will be a...

China equities bulls in need of fresh liquidity – MarketPulse

China’s benchmark stock indices have underperformed against the rest of the world. Weak macro data and geopolitical risk have reinforced the recent bout of...

Week Ahead – US CPI data eyed while BoE seeks to get inflation back below 10%

US The labor market is showing signs of resilience, but now the focus shifts back to inflation, with a close eye staying on the...

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