November 26 2022 🕓 3 min
AUD/USD weakens despite PBOC easing
It looks like the uptrend might continue; however, bulls must bring the Aussie to new swing highs to confirm the upside momentum.
Tag: china
November 26 2022 🕓 2 min
Chinese oil giant invests nearly $2 billion in Brazil
China's CNOOC has bought a stake in a production-sharing contract in the huge offshore Buzios oil field in Brazil.
November 22 2022 🕓 5 min
US markets in red as fear of China’s lockdowns rises
Dollar is seen as safe heaven amidst fear of China being locked down. Oil falls significantly with rumours and drama, indices follow.
November 21 2022 🕓 3 min
WTI oil continues last week’s trend on Monday
Oil has fallen by almost 5% since market open on Monday with prices trading at levels not seen since September.
November 20 2022 🕓 2 min
Will trade conditions between Germany and China tighten?
The German side wants to develop a new trade strategy towards China. The aim will be to reduce dependence on the Asian giant.
November 19 2022 🕓 2 min
Climate disasters – Will a special fund be set up for them?
It looks like the European Union's proposal to address the funding situation for countries affected by climate disasters could pass.
November 17 2022 🕓 3 min
Fear over demand outlook pushes Crude Oil down
The big cities in China struggle to control outbreaks and JP Morgan projected a mild recession in the US, putting pressure on oil prices.
November 17 2022 🕓 3 min
AUD/JPY erases this week’s gains amid Chinese worries
It looks like today's trading will be in a risk-off regime as China reported another record in COVID cases.
November 14 2022 🕓 2 min
Is the US slowing down its own solar development?
The US may be slowing down its own solar energy development with its import laws. These are aimed at China, making it harder to import panels.
November 7 2022 🕓 3 min
AUD/USD flies despite Chinese grim news
Today's huge reversal marks another sign that the bearish trend in risk assets could be over for now.
November 2 2022 🕓 3 min
Why are soybean and wheat prices rising?
In recent days, we have seen prices of foods such as soybeans and wheat rise. Why is this and what is the condition of the market?
November 1 2022 🕓 3 min
Traders see demand destruction for crude oil
OPEC released the reason for the production cut and projected the rising demand for crude oil for the next decade.