<ul><li>To keep liquidity reasonably ample</li><li>Proactive fiscal policy will be enhanced with improving efficiency</li><li>Will make efforts in expanding domestic demand, spur consumption with potential</li><li>Will promote steady decline in cost of social financing, enhance consistency of macro po
Blogs
The Rise and Implications of Mobile Banking
<p>Mobile banking has grown rapidly in recent years, revolutionizing the way people interact with their finances. With the increasing penetration of smartphones and the internet, mobile banking has become a convenient and accessible method for individuals to manage their accounts, make transactions, and access <a href="https://demaxis
US November NFIB small business optimism index 90.6 vs 90.7 prior
<ul><li>Prior 90.7</li></ul><p>This is the 23rd straight month that the index is below its 50-year average of 98. It reinforces the notion that small business sentiment is still rather languishing but not really pointing to any major recession-like signals at least. One thing to note is that NFIB says the net percentag
China confirms that it held its annual Central Economic Work Conference this week
<p>Typically, this conference is one where Chinese leaders meet up to discuss economic targets and what their plans will be for the upcoming year. So far, they are being rather tight-lipped about it although there are some remarks from the Politburo just last week <a href="https://www.forexlive.com/news/chinas-politburo-will-maintain-
Yields lower awaiting US CPI data
<p>10-year yields in the US are down over 4 bps to 4.193% currently, keeping with the downtrend still since the drop from 5% at the end of October. The lower yields today is also partly weighing on the dollar at the moment, with USD/JPY down 0.6% to 145.30 and EUR/USD now up by 0.4% to […]
USDCAD Technical Analysis – Waiting for a breakout
<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/centralbank/federal-reserve-interest-rate-decision-no-change-20231101/">left interest rates unchanged</a> as expected at the last meeting with basically no change to the statement.</li><li><a href="https://www.forexlive.com
FBS in 2023: A Year of Recognition and Unprecedented Achievements
<p>FBS, the leading global broker, summarizes 2023 and celebrates its remarkable achievements. Following its mission of being a reliable financial services provider, FBS has ensured growth opportunities for its clients by enhancing trading conditions, expanding its Introducing Broker program, and implementing diverse support initiatives for t
Inflation data today to help keep the Fed status quo?
<p>Barclays says that they expect core CPI to tick higher in November by 0.3%, “with the firming in the core services component only partly offset by modest deflation in goods”. Adding that last month's report likely "exaggerated" disinflationary pressures, as they see a reacceleration in core services inflation. That adds to a
Germany December ZEW survey current conditions -77.1 vs -76.0 expected
<ul><li>Prior -79.8</li><li>Outlook 12.8 vs 8.8 expected</li><li>Prior 9.8</li></ul><p>The readings point to a continued slight improvement in the assessment of the German economy. However, ZEW notes that a lot of the renewed optimism – especially on the outlook – is due to the share
Fed rate cut in March too soon but remains a possibility – BofA
<p>The firm forecasts an increase in core consumer price inflation by 0.32% on the month in November, largely due to “swings in volatile components”. Elaborating on that, BofA says:</p><p>“We expect used car prices to increase because wholesale prices temporarily rose in both August and September amid concerns over the UAW strike.