The manufacturing sector in China slipped into contraction in March, the latest survey from Caixin showed on Friday with a manufacturing PMI score of 48.1. more...
China's gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the first quarter of 2019, the National Bureau of Statistics said on Wednesday - in line with expectations and down from 1.5 percent in the three months prior. On a yearly basis, GDP expanded 6.4 percent - unchanged from Q4 and beating forecasts for 6.3 percent. more...
US Dollar Forecast:US Dollar Left Vulnerable as Trump Trade Narrative Unravels The US Dollar remains vulnerable after two weeks of losses as the failure of US healthcare reform puts the “Trump trade” case for steep Fed rate hikes into question. European Euro Forecast: European Political Risks Front-and-Center as ’Green Shoots’ Continue to Show Data out of the Euro-Zone continues to impress, giving the impression that we may finally ...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
Trading Video: Weighing Bigger EURUSD, GBPUSD Reversals Next Week EURUSD has shown monetary policy may be more than capable for leveraging volatility and trendRisk trends remain a constant concern as the claims of 'bubble' growth, but we must follow active roadsData in the week ahead promises substantial rate/stimulus speculation for the Dollar, Euro and Pound Speculators' interest in overwrought risk trends is intensifying as talk of bubbles is even infecting ...