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Tag: China reopening

GigaCloud Technology Inc Ushering In A Bright Future As China Reopening in 2023

HONG KONG, Mar 24, 2023 - (ACN Newswire) - In the past three years, with the weakness of overseas consumption and the impact of the new crown epidemic,...

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Qantas flights from UK to Australia hit 98.6% full

Qantas flights from the UK to Australia were 98.6 per cent full in October – likely making it one of the most successful flights...

Choppy trading

Equity markets are largely moving lower on Tuesday, reversing part of Monday’s gains in what remains quite choppy trade. Earnings season will continue to...

US Close – Stocks stay hot, Dollar wavers, Oil steady, Gold rally hits a wall, Crypto momentum

US stocks are rallying as Wall Street awaits a busy earnings week as well as major GDP and core PCE data later this...

Gold Price Forecast: XAU/USD grinds higher ahead of United States Gross Domestic Product

Gold price remains sidelined near nine-month high after a five-week uptrend. Mixed signals from Federal Reserve, mostly downbeat United States data improved sentiment...

US Close: A busy Tuesday (China’s GDP, Goldman, Morgan Stanley, Empire, ECB),  Commodities mixed, Cryptos soften

US stocks are wavered as traders digest mixed bank earnings, a disheartening Empire manufacturing report, and as Treasuries rally at the front-end of...

German GDP, Spanish CPI and Can Europe Avoid a Recession?

Goldman Sachs has been one of the recent major banks to upgrade its expectations for the Euro Zone for the coming year. It had...

Powell remarks were a non-event, stocks edge higher, dollar pares gains, NFIB, coinbase struggles

Whipsaw moves in stocks continue as investors fixate over central bank speak and as they await a pivotal inflation report later this week. ​ US...

EUR/USD set to head up to 1.0735/85 – ING

EUR/USD has been participating in this dollar sell-off and the bias looks higher, economists at ING report. Low gas prices and China reopening are...

Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst

Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data.The views, thoughts and opinions expressed here are the...

Oil rallies post OPEC+/Russian price cap, gold tumbles

Oil Oil prices are rallying as OPEC+ has shown it is committed to keeping prices supported and on optimism China will continue to loosen...

GBP/USD Outlook: Bulls Above 1.23, Ignore Upbeat US Jobs Data

Swati believes there were little indications that growing pay demands increased the possibility of a wage-price spiral. She warned that the BoE...

Chinese real estate stocks surged this month. But analyst warns of ‘weak reality’ vs. high expectations

China's housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official...

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