AUD/USD, Iron Ore and Copper Prices May Rise on Chinese Industrial Profits

Chinese industrial firms posted a seventh consecutive month of profit growth this week which may support copper and iron ore prices into the new year. AUD/USD rose above trendline support, nearing …

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S&P 500, Hang Seng Weekly Open: Alibaba Probe Weighs on Sentiment

Stock markets are set to open mildly higher on stimulus and vaccine hopes in Asia-Pacific trade. Chinese tech stocks tumbled after Beijing initiated an antitrust probe into Alibaba, weighing on the…

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S&P 500, Hang Seng Weekly Open: Alibaba Probe Weighs on Sentiment

Stock markets are set to open mildly higher on stimulus and vaccine hopes in Asia-Pacific trade. Chinese tech stocks tumbled after Beijing initiated an antitrust probe into Alibaba, weighing on the…

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CNH 1Q Forecast: Vaccines and Biden’s Presidency May Threaten Yuan’s “One Way” Trajectory

A potential rebound in the US Dollar as a result of stronger fundamentals and inflation overshoot may lead to a reversal of EM currencies’ bullish trend. More importantly, a possible reigniting of …

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