Central Bank Pumps 40B Yuan Into Market
China’s central bank on Monday pumped more money into the market to ease a liquidity strain.
US
Central Bank Pumps US$8.3B Into Market
China’s central bank, the People’s Bank of China (PBOC), injected 55 billion yuan (US$8.3 billion) into the money market on Tuesday to ease a liquidity strain.
Wanda’s chief bombards Shanghai Disneyland
The billionaire behind China’s Dalian Wanda Group asserted that its rival Walt Disney may face huge obstacles when operating in the country as the iconic US firm is due to unveil its largest theme park in the Chinese mainland next month.
China Protests Over US Steel Duties
China registered its “strong dissatisfaction” with the United States on Wednesday for imposing import duties of 522 percent on Chinese cold-rolled flat steel.
People Above 45 More Interested In Shanghai Disneyland
A survey studying the attraction of Shanghai Disneyland, which is scheduled to open on June 16 , has shown that people above 45 years old are the most interested in visiting the amusement park.
Curiouser And Curiouser As The Three Sisters Disconnect
As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three principal indices, and in particular the divergence between the NQ, which appears to be moving South, and the others which are moving North.
USDCAD Forecast April 20, 2016, Technical Analysis
The USDCAD pair fell during the course of the session on Tuesday, as we are now well below the 1.28 handle.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
EURUSD Forecast April 6, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Tuesday, but turned right back around to form a bit of a hammer.