The Australian dollar and New Zealand dollar are facing a rebound, and the Australian dollar/US dollar is about to soar?

The US dollar, measured by the US dollar index (DXY), performed weakly on Monday, falling 0.51% and closing at the 104.52 line. In the absence of major market catalysts, the decline of the US dollar is likely driven by market profit taking behavior. Prior

The latest data out from the UK is an interesting one to say the least and promises to add a further headache for the BoE. The UK employment rate was estimated at 75.5% in May to July 2023, 0.5 percentage points lower than February to April 2023. The quar

The latest data out from the UK is an interesting one to say the least and promises to add a further headache for the BoE. The UK employment rate was estimated at 75.5% in May to July 2023, 0.5 percentage points lower than February to April 2023. The quar

Asia Day Ahead: USD/CNH Retraces From October 2022 Peak, EUR/USD Stabilises

Major US indices found room for some relief to start the week, after comments from China and Japan authorities supported their respective currencies and triggered a pullback in the US dollar (-0.5%) – its sharpest single-day drop in two months. Notably, t

Mainland enterprises going public in Hong Kong is expected to promote the recovery of the Hong Kong office market

Wu Jiwei, Chairman of Jihui Capital, stated that the influx of mainland companies interested in listing in Hong Kong, China will drive the recovery of the Hong Kong office market in the next two to four years. Mainland investment banks and securities comp

Is Apples market share in China at risk? Analyst: Not much impact

Apple will release its latest iPhone on September 12th (Tuesday), but at the same time, there are rumors that some occasions in China prohibit the use of iPhones. Meanwhile, Huawei has released a new smartphone, the Mate 60 Pro, which "seems to be ab

Data Positive US Dollar Market Waiting for Interest Rate hikes, USD/CAD Expands Gains

The latest data released by both countries, although still positive, is favorable for the US dollar, with the US dollar expanding its gains against the Canadian dollar. Federal Reserve Chairman Powell\'s statement in his speech that \'going higher for a l

The "number three figure" of the Federal Reserve and the Feds hawks have successively spoken out: Release the important signal of suspending interest rate hikes in September!

Two senior Federal Reserve officials hinted on Thursday (September 7th) that the Fed will keep interest rates unchanged at its September meeting. However, they refused to declare victory in the fight against inflation.

Be careful of these ten common foreign exchange scams!

Foreign exchange trading is known as the highest risk level trading type in the entire financial industry. The active trading volume of the foreign exchange market makes it easy for exchange rates to fluctuate abnormally frequently and violently in a shor

Apple partnership with ARM chips continues beyond 2040

According to the IPO documents submitted by Arm (ARM. US) on Tuesday, Apple (AAPL. US) has signed a new agreement with Arm on chip technology, which will "extend beyond 2040", according to the Zhitong Finance APP.ARM announced the pricing of its

OPEC+oil prices rise after production reduction! Or force the Federal Reserve to maintain its hawkish stance, causing short-term gold prices to be suppressed

The inflationary pressure brought about by the rise in oil prices continues to rise, supporting the hawkish monetary policy inclination of the Federal Reserve, boosting the US dollar, pushing up US bond yields, and causing another sell-off in the gold mar

Where will the second largest city in the UK go next when it declares bankruptcy?

In June of this year, the committee announced that potential liabilities related to claims for equal pay for equal work ranged from £ 650 million to £ 760 million, with ongoing liabilities increasing at a monthly rate of £ 5 million to £ 14 million. The c

Gold trading reminder: Fed officials hawkish speak, gold prices have fallen to a new low in over a week, focusing on ISM non manufacturing PMI

CME "Federal Reserve Observation": The probability of the Federal Reserve maintaining interest rates unchanged from 5.25% to 5.50% in September is 92%, and the probability of raising interest rates by 25 basis points to the range of 5.50% to 5.7

WILL THERE BE A RECESSION, OR IS THE MEDIA CRYING WOLF? GBPUSD RESPONDS WITH 1-MONTH LOW

Recent economic data from the United Kingdom has ignited concerns of a looming recession, with headlines proclaiming a significant downturn in both house prices and factory production figures.

CITI AGREES TO PAY $2.9M TO SEC FOR RECORDKEEPING FAILURES

The Securities and Exchange Commission (SEC) has announced that it has reached a settlement through cease-and-desist proceedings with Citigroup Global Markets Inc. (CGMI), a broker-dealer, for its willful violation of recordkeeping requirements concerning

CFTC’S KRISTIN JOHNSON WANTS HARSHER PENALTIES AFTER GOLDMAN FINED $5.5M FOR RECORDKEEPING VIOLATIONS

“The civil monetary penalty imposed today is quite literally less than the profit Goldman can earn by the end of the day today.”