Blogs

<ul><li><a href="https://www.forexlive.com/news/sp-and-fitch-have-both-not-changed-chinas-rating-nor-outlook-20231206/">S&amp;P and Fitch have both not changed China's rating nor outlook</a></li><li><a href="https://www.forexlive.com/centralbank/boj-deputy-governor-himino-spoke-earlier-

<p>Reuters with the report:</p><ul><li> Fitch: no further updates after affirming China's A+ rating with stable outlook in August</li></ul><ul><li>S&amp;P Global Ratings: no change to China's credit rating, outlook</li></ul><p>more to come</p><p>Chinese auth

<p>Deutsche Bank with a brief note on gold:</p><ul><li>investors are pricing in larger rate cuts for 2024 has increased the relative appeal of something that does not pay any interest</li><li>chart shows the real price of Gold back to 1790, i.e. adjusting for inflation</li><li>Although we have hit all

<p>The Goldman Sachs proprietary “Panic Index” is a two year rolling percent measure across four equity vol metrics. </p><p>Its sitting basically at zero.</p><p>Goldman Sachs Group Inc. Managing Director Scott Rubner wrote in a report:</p><ul><li> there are “no longer any bears left” </li></u

<p>NZD, AUD, CAD are all trading higher against the US dollar. </p><p>GBP is up also, while Euro is lagging – its more or less flat on the session. </p><p>USD/JPY is little changed to. </p><p>Apart from what has been posted already there is no fresh news catalyst. </p> This article was written b

<p> China's finance ministry issues draft rules on management of domestic investments by social security fund:</p><ul><li><p>Social security fund will make direct and private equity investment with strict risk control</p></li></ul><ul><li> will also moderately reduce upper limit of th

<p>US Treasury Secretary Yellen comments via news sources:</p><ul><li> Economists who predicted that taming inflation would require very high unemployment are 'eating their words'</li><li>Not seeing usual signs of weakening labor market that would bring fears of recession</li><li>U.S. Growth

<p>The Australian dollar is up a little after the economic growth data showed the slowest q/q in two years:</p><ul><li><a href="https://www.forexlive.com/news/australian-q3-gdp-02-qq-vs-expected-04-20231206/" target="_blank" rel="follow" data-article-link="true">Australian Q3 GDP

<p>Data for economic growth in Australia during the July, August &amp; September months of 2023.</p><p>A q/q miss and y/y beat. </p><ul><li>The terms of trade fell 2.6% </li><li>Household saving to income ratio decreased to 1.1% from 2.8%; 1.1% is the lowest proportion of saving since December qua

<p>Venezuela's President Nicolás Maduro has announced he is to order the creation of oil, gas and mining licenses for the Esequibo region</p><ul><li>also creating Esequibo divisions of the state owned oil and mining companies PDVSA and CVG</li></ul><p>Madora announcement on state TV.</p><p>