Protestors are holding rallies in China against Covid-19 restrictions in China as a result of which trade markets in Europe started low. European Indexes In Germany, the trade index of DAX edged…
Category: China
Despite China’s Refusal To Easing Covid Restraints, Stocks In US and Eurozone Rose
Stock markets in the US as well as in Europe rose alongside oil prices even though the concerns regarding China’s not easing any Covid restraints. Investors’ fears of a possible global economic…
COVID Spike In China Is Troublesome For Asian FX, Russia Ukraine Crisis Turns Nuclear
Monday has turned out to be a troublesome day for the majority of the Asian currencies. The report suggests that the majority of the Asian currencies experienced declines due to the Chinese…
Chinese Central Bank Exec Claims Digital Yuan To Offer ‘Controlled Anonymity’
Yi Gang, the governor of the Chinese central bank, gave a speech at Hong Kong Fintech Week, where he talked about the progress of the digital yuan. During the speech, the governor…
Investors In China Seek Coal Price Movements As Beijing Restricts Network Operators
Chinese coal dealers claim they are depending on direct connections for pricing data as Beijing tries to control prices. NDC, the nation’s chief economic regulator, stated this week that it would probe…
Crypto Prices Today – BTC Gains; DOT, ADA Drop Up To 6%
Bitcoin gained over 4% today as Polkadot lost more than 6% of its value. Top cryptocurrencies traded low early on Monday following decreased trade volumes. However, BTC managed to continue its upsurges,…
USD/JPY To Surge Sharply, Heads Towards 117.20
The USD/JPY is considered as being on the verge of creating a major foundation. If verified above 112.40, this might trigger 114.25/55 firstly ahead of 117.20 and upwards, in the long run,…
EUR/USD Is Surging To New Daily Peaks Around 1.1620
The Euro maintains its purchasing interest and pushes the EUR/USD back into the 1.1600 area at the start of the week. For the second time in a row, the EUR/USD has gained…
Rising US Bond Yields Push Gold To $1,735 Level
Gold fell to the $1,735 level, its lowest since August 11, in the final hour of trade on Friday. The current drop could be attributed to a strong rise in US Treasury…
AUD Drops After China Data Shortfall
The Australian dollar fell against the US dollar when year–on–year retail sales in China came in at 2.5 percent, down from the predicted 7.0 percent and the previous month’s 8.5 percent. Industrial…
Chinese Communist Party warns of NFT Hype Bubble
One of the biggest reasons that people hate communist regimes is because they start owning everything. The same is the case in China. A Chinese local news publication accused by many as…
China Securities Regulators Punish 19 Institutional Investors
After creating a more liberalized listing system, China‘s security regulators have increased oversight with changes in price-setting. Thus, punishing 19 institutional investors. Probe Reveals Dirty Details Chinese financial regulators launched the star…
What’s Going On In The Forex Markets?
Chinese stocks may become less appealing as more regulations hit the country’s forex market. However, the earnings season is getting nearer in America as investors expect more positivity from US non-farm payroll…
WTI Crude Oil Prices On A Rally
While the gains seem little, the West Texas Intermediate (WTI) crude oil price is on a gradual rally from the strong bearish mode of the previous trading session. The gains are gradual…
