Blogs

<p>The PBOC decided to leave the LPR unchanged earlier today <a href="https://www.forexlive.com/centralbank/pboc-loan-prime-rates-lpr-are-unchanged-1-year-345-5-year-420-as-expected-20240122/" target="_blank" rel="follow">here</a>. And while it was "expected", there were suggestions and some

<p>There is just one to take note of, as highlighted in bold.</p><p>That being for USD/JPY at the 148.00 mark. The level itself doesn't hold much technical significance but could keep price action a bit stickier during the session ahead, that is if there isn't any major gyrations in the bond market and risk sentiment. Ot

<p>S&amp;P 500 futures are up 0.2% so far today as tech shares are once again leading the way. Nasdaq futures are marked up by 0.6% currently as we move towards European trading. For the S&amp;P 500, the slight gains are coming after a record high close on Friday last week at 4,839.81. It is now […]

<p>The survey shows that 91% of economists polled now assigns a probability of 50% or less to the US economy going into recession in the year ahead. That is up from the 79% total seen in the same survey back in October last year. The economists polled also expect corporate sales and profit margins to […]

<ul><li><a href="https://www.forexlive.com/Cryptocurrency/crypto-ethereum-spot-etf-unlikely-to-get-us-sec-approval-before-may-says-jp-morgan-20240122/">Crypto – Ethereum spot ETF unlikely to get US SEC approval before May says JP Morgan</a></li><li><a href="https://www.forexlive.com/news/u

<p>A note from JP Morgan back on Friday expresses hesitancy on expecting an ETH approval in the next 3 months:</p><ul><li>we are sympathetic to the arguments favoring Ether’s classification as a commodity</li></ul><p>(but)</p><ul><li>we remain skeptical of the SEC reaching such a decision

<p>UBS are getting keener of Chinese stocks:</p><p>China Equity Strategy: How much is cheap enough? </p><ul><li> MSCI China at record low valuation MSCI China has declined 10% YTD, underperforming global markets by 8%, and is currently trading at 8.2x forward P/E – on par with previous troughs reached since

NASDAQ 100, S&P 500 at All-Time Highs, Chinese Index Nears 19-Year Low, Nikkei 225 at 34-Year High; Markets Await Central Bank Meetings at BoJ, ECB, and BoC

The sellers hit a fresh multi-week low during yesterday’s session, testing important supports.

<p>The China business of hedge fund Bridgewater Associates is set to grow to about 40 billion yuan (US$5.56 bn)</p><p>Info via new wires:</p><ul><li>doubling of assets over the past year</li><li> fund has seen strong demand, nearly all the fund units being sold within the first four days of the subscr