With the country’s economy growing at an annual pace just above 3.5% in the second quarter. This is far from the 9.9% rate it averaged over its first three decades of economic reform. The country’s aging labour force is shrinking, and President Xi Jinping emphasizes loyalty to the Communist Party …

The euro has continued to rise since the beginning of daily trading on Monday, driven by improved risk appetite in global financial markets after measures announced by China to support the real estate sector, in addition to statements by Christine Lagarde, President of the European Central Bank, which favoured further …

US economic data has been mostly stable, with the Consumer Price Index on September 13 being crucial ahead of the FOMC meeting on September 19-20. Key reports in the US next week include Factory Orders and revised Q2 Unit Labor Costs. The Australian Dollar was the best performer among majors …

The precious metal’s weekly gain for dollar investors was reduced to 1.2% as gold prices declined this afternoon entering Friday’s London benchmark auction as mixed data on the US labour market was followed by less-poor manufacturing sector data. Gold is trading at 1940.86 per ounce at the time of writing.According …

The EUR/USD fell to 1.0786 at the time of writing after initially climbing to 1.0880. US manufacturing PMIs revealed better than anticipated outcomes. Following the announcement, the US Dollar Index and Treasury rates both dramatically increased.The USD changed direction in response to stronger Institute for Supply Management (ISM) PMIs following …

The USD/JPY pair is trading flat at 145.46, after dropping to a three-week low of 144.44. US Nonfarm Payrolls for August beat estimates, but the Unemployment Rate misses, keeping the pair in check. Rising US Treasury bond yields have further supported the dollar, with the USD/JPY trading at 146.196, gains …

Loretta J. Mester, President of the Federal Reserve Bank of Cleveland, stated on Friday, following the NFP report, that the job market remains strong despite signs of rebalancing. She downplayed the increase in the Unemployment Rate to 3.8%, stating that this level “is still low.”Speaking at an event in Germany, …

During the Asian trading session, the final Manufacturing PMIs, including those for China, Australia, and Japan, are expected. The US Nonfarm Payrolls report will be the main topic of discussion on Friday. The US ISM Manufacturing PMI will also be made public. There will be a GDP report from Canada.On …

The price of natural gas tried to climb above $2.85. Trading speculation that Saudi Arabia and Russia might extend their voluntary production restrictions caused WTI oil to rise. The price of Brent oil increased as the oil markets as a whole rallied. As traders react to the EIA report, which …

The NFP data is usually awaited by the financial markets and investors with eagerness because of it is likely that Friday’s print would bring about significant and weighty change on the Federal Reserve’s upcoming policy decision. As the US Bureau of Labour Statistics prepares to release the August jobs data …