Author Archives: gtiqy

There are some big ones to take note of on the day, as highlighted in bold. But again as a caveat, do be reminded that trading sentiment continues to be more influenced by the broader market sentiment and headline risk at this stage. For today, the signs are pointing to further dollar weakness amid a […]

Federal Reserve Chair Powell speaks on the economic outlook today, Wednesday, April 16 Morgan Stanley cuts outlook for China and Asia stock indexes China’s fighting words on Trump’s tariffs – world economic order has been severely damaged China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%) China Q1 GDP +1.2% q/q […]

Morgan Stanley has lowered its year-end 2025 targets for several major Asian stock indexes, citing downgraded global and emerging market growth forecasts along with updated currency expectations. The bank said upside potential from current levels is limited, with near-term risks skewed to the downside. Revised targets include: TOPIX: cut to 2600 (from 3000) Hang Seng […]

China economic growth data is mixed: +1.2% q/q is disappointing expected +1.4%, prior +1.6% +5.4% y/y is a beat expected +5.1%, prior +5.4% more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Hong Kong SAR government statement said that Hongkong Post suspends the postal service for items containing goods to the US: “The Government of the United States (US) announced earlier that it would eliminate the duty-free de minimis treatment for postal items despatched from Hong Kong to the US and increase the tariffs for postal items […]

Japan data: February Core Machinery Orders +1.5% y/y (expected -0.9%, prior +4.4%) +4.3% m/m (expected +1.2%, prior -3.5% This is encouraging data. The caveat is, of course, that its for February, before the Trump tariffs hit the fan. — The core machinery orders data is a highly volatile series its used as a leading indicator […]

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

more to come — Expectations I had seen centred on: Headline crude +0.5mn barrels Distillates -1.2 mn bbls Gasoline -1.6 mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two […]

The NZDUSD has made a significant technical move today, climbing above the 200-day moving average for the first time since October 9, 2024. This long-term moving average, currently sitting at 0.5888, had held resistance on a couple of tests yesterday before breaking above the in the Asian Pacific session today: Earlier today, price surged above […]