Category Archives: Forex News

China March dollar-denominated exports +12.4% y/y

China March dollar-denominated exports +12.4% y/y expected +4.4%, prior +2.3% China March dollar-denominated imports -4.3% y/y expected -2%, prior -8.4% China March trade balance $+102.64 billion China Jan–Mar dollar-denominated exports +5.8% y/y, imports -7.0% y/y China Jan–Mar dollar-denominated exports +5.8% y/y China Jan–Mar dollar-denominated imports -7.0% y/y China Jan–Mar trade balance $+272.97 billion This article […]

Goldman Sachs cut their targets for Chinese stock indexes for a second time this month

Goldman Sachs cut their targets for Chinese stock indexes for a second time this month 12-month target for the MSCI China Index was cut to 75 from 81 CSI 300 Index was lowered to 4,300 from 4,500 GS cite heightened trade tensions with the US: tension has soared to unprecedented levels concerns about global recession […]

Japan finance minister Kato says excess forex volatility is undesirab;e

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 […]

New Zealand data – March services PMI 49.1 (prior 49.0)

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 […]

Weekend – Germany’s Merz said Trump’s tariff policies increase risk of a financial crisis

German Chancellor-in-waiting (set to become chancellor in May) Friedrich Merz has warned that Trump’s tariff policies could accelerate the onset of a global financial crisis. In an interview with Handelsblatt, Merz urged a new U.S.-EU free trade agreement, proposing “zero percent tariffs on everything” as a mutually beneficial solution. The EU has already floated a […]

ICYMI – China halts rare earth exports after new controls, raising global supply concerns

The info comes via a Reuters report over the weekend, though I thought I had seen similar late last week. ICYMi, Shipments of seven rare earth elements from China have come to a standstill following Beijing’s move to tighten export controls, sources told Reuters. The halt began on April 4 after the government placed the […]