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Forex Trading, Market News & Technical Analysis

Crude Rises on OPEC Deal Optimism; Chinese Data Weighs on Stocks

Posted by Chris Advincula on Oct 19, 2016 8:08:09 AM

(Oct 19 Bloomberg) Oil rose for a second day on signs the world's largest producers will honor a deal to pare a surplus, boosting currencies of exporters including the ruble, while Chinese economic data damped demand for equities.

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Topics: commodities, Stocks, china, crude oil, West Texas Intermediate, China Data, OPEC

Stocks Rise With Industrial Metals on Economic Data, Pound Jumps

Posted by Chris Advincula on Sep 1, 2016 7:02:12 AM

(Sept 1 Bloomberg) Signs economies in China and the U.K. were stabilizing lent support to financial markets buffeted by prospects of rising U.S. interest rates.

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Topics: commodity, metal, Stocks, china, Federal Reserve monetary policy, UK Manufacturing, bonds

Oil Falls as August Price Rally Seen Overblown, China Fuel Exports Jump

Posted by Chris Advincula on Aug 22, 2016 6:31:23 AM

(Aug 22 Reuters) Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August's more than 20-percent crude rally looks overblown.

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Topics: commodities, china, crude oil, West Texas Intermediate crude oil, Brent, OPEC

China's Slowing Wholesale Deflation Takes Pressure Off Central Bank

Posted by Chris Advincula on Aug 9, 2016 6:23:16 AM

(Aug 9 Reuters) China's factory price deflation moderated further in July, with prices falling at their slowest pace in two years, taking pressure off the central bank to cut rates as policymakers turn their focus to structural reforms and ballooning credit.

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Topics: china, China Economy, China CPI, China PPI, China Inflation

Disappointing China July Imports Suggest Cooling Domestic Demand

Posted by Chris Advincula on Aug 8, 2016 6:39:55 AM

(Aug 8 Reuters) China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain's decision to leave the European Union.

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Topics: market fundamentals, Asian market, china, China Economy

 

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