Fundamental Analysis

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...

Read more

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...

Read more

The Dollar Fell Broadly On Wednesday, with its biggest decline against the yen since March 2020, following a cooler-than-expected inflation report for July that raised expectations of a less aggressive rate hike cycle than previously...

Read more

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)...

Read more

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...

Read more

U.S. Treasury ratesn U.S. Treasury rates briefly moved up after the FOMC embraced a steeper path for interest rate increases, but then reverted lower during Powell’s press conference after he indicated that he doesn’t expect...

Read more

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...

Read more