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NBS: In H1 2025, China’s economy is expected to have remained generally stable
Following the release of the top-tier China’s May activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday. Key quotes (via Reuters) Many uncertainties in the international environment, foundation of economic recovery needs to
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Israel strikes Iran’s nuclear sites, Oil surges 6%, global markets slide, defense stocks soar
Mid-East explodes overnight as Israel ‘eliminates the threat’.Oil surges higher by 6%, Gold up 1%.Global markets under pressure – but Aerospace and Defense stocks are UP.U of Mich Survey today, FOMC next week.Try the Watermelon & Tomato Salad. Breaking news! The Middle East is on fire once again
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DXY: Return of safe haven – OCBC
US Dollar (USD) fell overnight as US PPI data underwhelmed. DXY was last at 98.32 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. Daily momentum is mild bearish bias "But USD rebounded this morning, alongside other safe-haven proxies, including CHF, JPY and gold on geopolitical
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Top Benefits of Using the Best Extra Virgin Cold Pressed Coconut Oil
If you're after a natural, versatile product that fits into both your kitchen and self-care routine, extra virgin cold pressed coconut oil could be just what you need. Known for its purity and nutrient profile, this oil has found its way into homes across Australia—and for good reason. But what set
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AUD/USD trades flat above 0.6500, investors await US-China trade talks outcome
AUD/USD wobbles around 0.6500 as investors await the outcome of US-China trade negotiations.The outcome of US-China trade talks will provide certainty for the US economic outlook.The US inflation is expected to have grown at a faster pace in May. The AUD/USD pair flattens around 0.6500 during Europe
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WTI hovers around $64.50, upside appears as potential US-China deal improves energy demand
WTI price may appreciate as easing US-China tariff tensions improve energy demand.US and Chinese advisors are set to meet again to reach a final trade deal.Iran would present a counter-proposal for a nuclear deal to the US. West Texas Intermediate (WTI) Oil price remains steady at around $64.50 per
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US trade deficit narrows sharply amid unwinding of temporary import surge
Summary The temporary surge in imports as businesses pulled-forward demand to get ahead of tariffs has run its course. The U.S. international trade deficit narrowed sharply in April as a result and suggests a big boost to Q2 growth from net exports. Going in reverse The sharp narrowing in the April
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USD/CNH: Any further decline is unlikely to break below 7.1600 – UOB Group
US Dollar (USD) could continue to weaken against Chinese Yuan (CNH); any further decline is unlikely to break below 7.1600. In the longer run, mild downward pressure could lead to USD edging lower; it remains to be seen if it can reach 7.1400, UOB Group's FX analysts Quek Ser Leang and Peter Chia no
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CAD edges lower after another rebound from the upper 1.36s – Scotiabank
The Canadian Dollar (CAD) has edged a little lower on the session, in line with its major currency peers. Spot may continue to range trade ahead of Wednesday’s BoC policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes. Scope of USD gains still looks limited "We expect a hold and mark
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USD/JPY: 143.85 must be breached for a sustained upside – UOB Group
US Dollar (USD) could decline further; given the deeply oversold momentum against Japanese Yen (JPY), a clear break below 142.10 appears unlikely. In the longer run, for a sustained decline, USD must first close below 142.10, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. USD must first
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Daily Broad Market Recap – June 2, 2025
Partner Center Trade tensions heated up after Trump doubled steel and aluminum tariffs to 50%, and China fired back, accusing the U.S. of breaking their agreement. Markets reacted in mixed fashion. Gold jumped 2.8%, oil rallied on supply concerns, and stocks finished higher even as the dollar slid t
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10-pound Gold nugget on the auction block
On family vacations to the beach, my dad loved to tinker with a metal detector. I’m pretty sure he wasn’t motivated by the potential for riches because he never found anything more than some change and the occasional metal can. My mom used to tease him for wasting his time. But it turns out metal de
