China Manufacturing Activity Contracts Hits 3-Year Low
China’s manufacturing activity contracted for the sixth straight month in January, signalling persistent weakness, official data showed on Monday.
Emerging Markets
Plenty Of Smoke But No Roast!
As a trader and investor, I always find volatile markets the most interesting and rewarding.
Zoomlion Offers US$3.2b For US Heavy Machinery Maker
China’s Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the US crane and construction machinery maker.
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Copper Prices Remain Beaten Down
The start of the new year has seen no let up in the torrid time for commodities and commodity currencies, but for copper the continued uncertainty in China (FXI, quote) coupled with US dollar (UUP, quote) strength and lack of global economic growth continues to weigh particularly heavily, with the base metal breaking through the psychological $2.00 per lb price point, and currently trading at $1.965 per lb at time
AUDUSD Forecast January 12, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turned back around to form a massive shooting star.
Tuesday’s Key Economic Data
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