China Net capital Q1 inflows ‘positive’
China (FXI, quote) had net capital inflows throughout the first quarter, although the surplus narrowed each month during the period, according to the State Administration of Foreign Exchange.
Curve Ahead Market Strategies
Brent Supported By Uncertainty In Ukraine
Brent crude oil (BNO, quote) approached $110 on Friday morning and traded at $109.99 at 8:00 GMT as investors kept a close eye on Ukraine where the conflict between government forces and pro-Russia separatists escalated.
AUDUSD Forecast April 25, 2014, Technical Analysis
The AUDUSD pair fell during the session on Thursday, but found support at the all-important 0.9250 level again.
EURUSD Forecast April 25, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle.
GBPUSD Forecast April 25, 2014, Technical Analysis
The GBPUSD pair fell initially during the session on Thursday, but found enough support below at the 1.68 level to push things higher inform something along the lines of a hammer.
USDJPY Forecast April 25, 2014, Technical Analysis
The USDJPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer.
Apple Earnings Roundup: iPhone Strength, Stock Split, Buybacks And More
Apple (AAPL, quote) reported its much-anticipated second quarter results on Wednesday that blew many investors away.
Copper Hits 7 Day High on China Sentiment
Speculation on China’s demand for copper (JJC, quote) has sent copper to a seven week high this morning of $3.09 not seen since March 7th.
EURUSD Daily Analysis – April 24, 2014
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend.
Walmart closes outlet amid difficulties in China
The world’s largest retailer, Walmart Stores (WMT, quote), on Wednesday closed an outlet in east China’s Hangzhou city, in its seventh closure in the Chinese mainland since March.