myforexsystem.info

Forex binary option trade forex binary option

Tag: China

China GDP growth slows in Q2

China Q2 GDP growth as expected, though lower than Q1 In this morning’s China data dump, Q2 GDP growth came in as expected but industrial production disappointed. The Chinese economy grew 6.7% y/y in Q2, a slower pace than in Q1 but was in line with economists’ forecasts. Industrial production for May on the other […]

Markets higher as earnings season gets underway

Earnings season eyed as trade war fears remain We’re seeing some risk appetite return on Friday even as concerns about trade remain front and centre and shows no signs of improving. European equity markets are trading in the green on Friday, taking the lead from the US session on Thursday where tech stocks drove a […]

First signs of tariffs impact in China’s June trade numbers

Imports drop as tariff wars bite Today’s release of China’s trade data for June showed imports starting to feel the effect of tariff implementation, while exports managed a small increase. Imports rose a mere 14.1% in dollar terms, below the estimate of 20.8% and a severe drop from May’s 26.0% advance. Exports held up, recording […]

US Inflation Eyed as Markets Pare Losses

Markets higher after tariff-related losses It’s been a more positive start to trade on Thursday, with equity markets in the green and paring Wednesday’s losses as investors continue to weigh up what impact the latest trade tariffs will have on the global economy. While markets have typically reacted negatively to any escalation on trade, the […]

Trump triggers sell-off with new tariff push

Markets in decline as US prepares $200bn in tariffs against China Equity markets in Europe are trading in the red once again on Wednesday and those in the US are on course to head in the same direction, as trade war fears once again take hold. While this announcement has been expected ever since US […]

Investors turn risk-averse on tariff war escalation

US announces list of next tariff targets The US close was looking hunky dory, with equity markets aiming for a higher close as there appeared to be a lull in trade war rhetoric, once the first salvos had been fired last weekend. Then BOOM! Headlines that the US was set to announce the list of […]

China Seeks Closer Ties With Europe After US Tariffs

China is looking to the European Union as its new best friend amid trade frictions with the United States. Prime Minister Li Keqiang met eastern and central European leaders in Sofia, Bulgaria, on Saturday, and vowed to open up China’s economy to the wider world. Keqiang is also meeting German Chancellor Angela Merkel on Monday […]

Wait-and-see as tariffs and payrolls loom

Waiting for tariffs and payrolls We endured another lackluster trading session in Asia with markets in wait-and see mode ahead of the double header of US non-farm payrolls data and the implementation of the first round of US tariffs on $34 billion worth of Chinese imports. Tariffs are scheduled to be introduced at 12.01am in […]

Markets on hold, eyeing tariff implementation

Investors eyeing tariff deadline Asian trading was tight-ranged in the aftermath of the US Independence Day holiday, with investors keeping one eye on tomorrow’s deadline when the US introduces the first tariffs on $34 billion worth of Chinese imports. Should this go ahead as scheduled, China has said it stands prepared to slap equivalent tariffs […]

Aussie advances as retail sales data beat estimate

A mixed bag of Australian data AUD/USD was given a boost in lackluster trading in Asia after Australia’s retail sales came in stronger than forecast in May. Sales rose 0.4% m/m, the same gain as posted in April, but it was higher than the estimate of a 0.3% increase. On a more bearish note, the […]