The IDC is just out with some smartphone stats: China smartphone shipments up 3.3% in Q1 (solid sign of growth) Huawei China sales +10% Apple China sales -9% Xiaomi was the top vendor with 18.6% share, followed by Huawei and Oppo with 18% and 15.7%, respectively An iPhone was a status symbol for years in […]
Category Archives: Forex News
19
Apr
Apr
The theme of dollar selling has been a major one since Trump ramped up the trade war and it’s continuing so far on Friday in Asian trade. The US dollar is down 10-20 pips across the board, led by a decline in USD/CHF. I think that pair is a key place to watch in the […]
19
Apr
Apr
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 […]
19
Apr
Apr
San Francisco Fed President Mary Daly made a rare Good Friday appearance for a moderated discussion on the economy and monetary policy outlook. She emphasized patience: On the economy: There is a little bit of pulling forward on spending, but not as much as you might think US economy remains “in a good place” with […]
18
Apr
Apr
Learn Investing: Why Business Confidence Moves Markets (And How to Track It) Because when CEOs get nervous—or controversial—the market usually reacts. If you’re new to investing, you probably check things like inflation, interest rates, or stock prices. Those are obvious. But there’s another powerful (and quieter) force that often moves the market before anything else […]
18
Apr
Apr
We need to determine whether it’s possible to end the war in Ukraine. Talking about a matter of days to make that clear. If not possible, the President will possibly say “we’re done”. We need to determine quickly whether it’s doable. If not possible, we have other priorities. Had positive meetings on Thursday. Hope to […]
18
Apr
Apr
Bloomberg reports that “the US presented allies with proposals to enable a peace deal between Russia and Ukraine, including an outline of terms to end the fighting and ease sanctions on Russia in the event of a lasting ceasefire”. This follows the comments of US Secretary of State Rubio who said that they either get […]
18
Apr
Apr
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 […]
18
Apr
Apr
Will step up counter-cyclical adjustment. Will strive to stabilise employment, foreign trade. Will boost consumption, domestic demand. Will encourage companies to actively stabilise employment. Will support foreign companies to reinvest in China. Will continue to stabilise stock market. WIll continue to promote stable and healthy development of property market. Will boost service consumption in elderly […]
18
Apr
Apr
The main agenda this time around is to continue reviewing draft private sector promotion law. For some context, the draft was released for public consultations during October last year. And then it was deliberated by the committee in their previous sessions last December and in February this year. This will be the 15th session of […]