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<p>This adds to Eamonn's story from earlier here: <a href="https://www.forexlive.com/news/wall-street-journal-says-china-is-headed-toward-a-demographic-collapse-20240103/" target="_blank" rel="follow">Wall Street Journal says "China is headed toward a demographic collapse"</a></p>

<p>After a busier start to the week yesterday, things are calming down now as we look towards European morning trade. Major currencies are mostly little changed, with the dollar sitting marginally lower after the strong gains overnight. Equities remain tepid for the most part, after having seen Wall Street stumble yesterday with tech stocks l

<p>If you go by the weekly chart, there is still no firm technical breakout for gold just yet. And that is keeping a lid on gains as buyers are starting to get a little angsty about chasing a further jump higher in gold.</p><p>The retreat yesterday met a low of $2,055, and was defended by its […]

<ul><li><a href="https://www.forexlive.com/centralbank/pboc-appears-to-be-ramping-up-housing-infrastructure-financing-to-support-the-economy-20240103/">PBOC appears to be ramping up housing &amp; infrastructure financing to support the economy</a></li><li><a href="https://www.forexlive.com/n

<p>Bloomberg carry the report on the People’s Bank of China (PBOC) injecting nearly US$50 billion worth of low-cost funds into policy-oriented banks in the final month of 2023. </p><p>This suggests the Bank may be ramping up financing for housing and infrastructure projects to support the economy.</p><p>Bloomberg detai

<p>Chinese authorities have loosened requirements for US visitors to the country:</p><ul><li>will no longer require travelers from the United States to submit proof of a round-trip air ticket, proof of a hotel reservation, proof of their itinerary, or an invitation letter to apply for a tourist visa</li></ul><

<p>I have no central bank officials on the speech circuit again today as the holiday vibe continues. At this stage its January 9 before I have an ECB speaker scheduled (Bank of France Governor Villeroy)</p><p>Of course that doesn't mean one will not pop up on some unannounced media appearance and what have you.</p><p

US Session Sees Stocks Tumble; Asian Markets Also Decline; US Dollar Has Best Day Since March 2023; Bitcoin Continues to Look Bullish

Bitcoin Makes New High as Blackrock ETF Approval Expected Soon; Asian Stocks Lower; Gold Rising Bullishly Again

The EUR/USD pair remains under pressure during the early Asian session on Wednesday.