China’s Li: Will promote fiscal, monetary policies to support job stabilization
Li Zhong, China’s Vice Minister of the Ministry of Human Resources and Social Security, said
China: PBoC reduces the LPRs – UOB
UOB Group’s Economist Ho Woei Chen, CFA, evaluates the latest move by the PBoC. Key
China: Economic outlook remains constructive – JP Morgan
Analyts at JP Morgan note that they maintain their constructive outlook on the Chinese economy,
Weak growth and surprise PBOC easing keep CNY under pressure – Goldman Sachs
Economists at Goldman Sachs forecast USD/CNY to firm up in the near term amid Chinese
USD/CNH faces the next hurdle at 6.8600 – UOB
According to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, the
China shuts factories in heat wave as climate, economic pains mount – WaPo
The Washington Post (WaPo) carried a story on Tuesday, citing that Chinese authorities ordered factories
USD/CNH: Downside momentum appears over – UOB
The downside bias in USD/CNH seems over for the time being, say FX Strategists at
AUD/USD Price Analysis: Gets smashed towards 0.7050 after rejection at 200 DMA
AUD/USD sees a sharp sell-off on renewed China growth concerns. US dollar gathers upside traction
China’s July Retail Sales and Industrial Output disappoint
China’s July Retail Sales YoY, unexpectedly fall to 2.7% vs. 5.0% expected and 3.1% previous while Industrial
China’s NBS: Momentum of the economic recovery slowed in July
Following the release of the July activity numbers, China’s National Bureau of Statistics (NBS) released a statement,