Tag: China
China October CPI Data Shows Slight YoY Increase, Deflation Concerns Remain
China's October Consumer Price Index (CPI) data was released, showing a slight year-on-year increase of 0.3%. This is lower than the 0.4% reported in...
China’s Caixin PMI Composite Rises to 51.9, Policy Impact Shows – Action Forex
China's Caixin Services PMI saw a significant rise to 52.0 in October, surpassing expectations and showing the highest rate of growth in three months....
China Expected to Announce Rate Cut on October 21, 2024 | Forexlive
China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan...
China’s Data Weakness Shows Signs of Improvement – Action Forex
The recent economic news coming out of China has been a topic of discussion in the market. From inflation figures to stimulus measures, there...
China’s Stimulus Plan Revealed: Limited Details Shared in Saturday’s Press Conference | Forexlive
The State Council Information Office of China held a press conference on Saturday, led by Finance Minister Lan Fo'an. Many were expecting details about...
Dollar Strengthens as Fed Clarity Boosts Market Confidence – Action Forex
Global financial markets experienced a mix of clarity and uncertainty last week. In the US, economic data supported the idea of a gradual policy...
China’s Property Sector Sees Recovery with Increased House Sales During Holiday Period
China's National Day holiday started on October 1st and leading up to it, the Chinese government announced various economic stimulus measures, focusing on the...
Philips Second-Quarter Sales Jump 10.5% Despite China Weakness
Shares of Dutch technology company Philips saw a significant increase of over 10.5% in early trading on Monday following the release of their second-quarter...
The Hidden Agenda Behind Xi Jinping’s Secret Commodity Stockpiles
Over the past two decades, China has been consuming large quantities of raw materials due to its growing population and expanding industries. The demand...
China’s Ongoing Challenges Exposed: A Closer Look at the Country’s Issues
Investing in China ETFs used to be a popular choice when the economy was booming. However, with China's economy slowing down, things are not...