Posts by poweradmin

Key Takeaways “China’s official manufacturing PMI released by CFLP unexpectedly rebounded to expansion in Sep but the private sector Caixin manufacturing PMI which tracked smaller private companies fell deeper in contraction.” “The CFLP non-manufacturing PMI remained...

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October Starts but Fails to Ignite Crypto Prices The opening of the historically crypto boom month of October bore a stronger resemblance to the recent dreary days of September. Bitcoin was recently trading slightly above $19,200,...

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The US dollar Fell Across The Majors Board During Morning Trade Here GBP/USD rose to nearly 1.1600 as US dollar weakness combined with news out of the UK of further stimulus to be put in...

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Limit Further Downward Movements After the August sell-off, U.S. stocks have begun to perk up in September (at least through Friday morning before the long weekend), although negative seasonal factors associated with the last month of summer...

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SDRs Will Be Credited To IMF Member Countries Washington, DC: The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion)...

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Fireworks On The Way Growing fears that central banks will have to push ahead with tightening even as the economy slows are triggering widespread expectations of recession. In financial markets, these fears are being played...

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The Yen Fell To Its Lowest Level The yen continued to fall against the U.S dollar Thursday in Tokyo, hitting a fresh 24-year low at the ¥139 level, as as a stronger-than-expected U.S. consumer price...

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Nation’s Public Pension Funds TOKYO (Reuters) - Japan’s government is set to urge the nation’s public pension funds - a pool of over $2 trillion - to increase their investment in equities and overseas assets...

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