China’s August Trade Balance: Surplus shrinks, exports and imports disappoint
China's Trade Balance for August, in Yuan terms, came in at CNY535.91 billion versus CNY504.85
China’s Caixin/ S&P Global Services PMI drops to 55.0 in August vs. 55.5 previous
China's Caixin/ S&P Global services PMI for August arrived at 55.0 vs. 55.5 prior, showing that the country’s services
USD/CNH: Upside mitigated below 6.8700 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted USD/CNH could
AUD/USD rebounds firmly to near 0.6860 on upbeat China PMIs, RBA in focus
AUD/USD has defended the critical support of 0.6860 on better China’s PMI data. The show-stopper
USD/CNH now targets 6.9400 ahead of 6.9600 – UOB
The continuation of the uptrend could see USD/CNH retest the 6.9400 region ahead of 6.9600
UK’s Truss will declare China an official threat for the first time – The Times
Liz Truss, the UK Foreign Minister and the leading contender in the Conservative Party’s leadership
CNY to suffer further downward pressure against the US dollar – MUFG
China has stepped up its economic stimulus. Furthermore, the People’s Bank of China (PBoC) has
USD/CNH: Dwindling bets for a move to 6.9000 – UOB
The likeliness of USD/CNH to advance to the 6.9000 region now seems to have lost
AUD/USD jumps to over one-week high amid risk-on, broad-based USD weakness
AUD/USD regains strong positive traction on Thursday and jumps to over a one-week high. China’s
Copper price leans bullish on China stimulus, firmer risk appetite
Copper price consolidates the biggest daily loss in over a week, grinds higher around monthly