Tag Archives: China

Natural gas prices have fallen by 20% since February, with the US Dollar Index consolidating gains on Wednesday. The commodity’s prices have been negatively impacted by February, with Shell issuing an outlook where Liquefied Natural Gas demand will be substantially decreased by 2040, reflecting global pushes to abandon fossil fuels. …

Consumer prices in China persisted in their downward trajectory for the fourth consecutive month in January, highlighting the hurdles facing the world’s second-largest economy in its quest for robust recovery. Consumer Price Index Data: Decline Year-on-Year, Modest Uptick Monthly Data released by the National Bureau of Statistics on Thursday revealed …

Riskier assets were able to gain additional momentum due to the continuing decline in the US dollar. As global rates continued to rise on Wednesday, investors now seem to support the Fed’s rate cut in May due to ongoing geopolitical concerns.Silver prices fell to fresh two-week lows around $22.20 per …

The AUD/USD pair is moving sideways near 0.6520 in the early Asian session, with Fed officials’ comments not significantly impacting the market. Future market traders expect the first rate cuts for the Reserve Bank of Australia to occur in September, rather than August. The pair consolidates above the 0.6500 psychological …

China’s imports of major commodities have made a strong start to the new year. However, caution is needed due to the potential influence of the Lunar New Year holidays, which fall entirely in February this year. This could have boosted imports of crude oil, liquefied natural gas (LNG), thermal coal, …

A second strong session for the US dollar placed more pressure on the riskier assets, pushing the EUR/USD to the sub-1.0800 level and the USD Index to flirt with the upper end of the current range amid the development of usual pre-FOMC caution.Ahead of the FOMC meeting and the release …

The liquidation turmoil facing China’s real estate sector as well as the strong US dollar cause WTI oil to decline by more than 1.50%. Despite geopolitical unrest, worries about the state of the world economy and central bank policies have also caused oil prices to decline.In light of the uncertain …

On Monday, a Hong Kong court ordered the liquidation of China Evergrande Group, the world’s most indebted property developer with over $300 billion in total liabilities. This decision comes after Evergrande failed to provide a concrete restructuring plan more than two years after defaulting on a bond repayment. The liquidation …

While Gold prices remained stuck in their current consolidative range, Silver prices rebounded further and clinched their third straight day of gains, this time flirting with the $23.00 mark per ounce.Firmer-than-expected US GDP figures have provided support to the US Dollar and further reinforced the already resilient stance of the …

WTI price is expected to close the week in a positive territory due to multiple factors. US GDP data contributed support to reinforcing oil prices. PBoC’s strategy to inject liquidity into the economy contributes to the strength in oil prices.Chinese officials asked their Iranian counterparts to help restrain attacks on …