Author: FX

Summary:Barclays urges selectivity in Chinese tech for 2026Broad stimulus-driven gains seen in 2025 unlikely to repeatEV sector faces rising headwinds as tax incentives fadePreference for resilient revenue and AI-linked namesTencent, Trip.com and Alibaba cited as selective playsBarclays is urging investors to adopt a more selective approach to Chinese technology stocks in 2026, warning that the broad-based rally seen last year is unlikely to be repeated as policy tailwinds fade and sector-level headwinds emerge.In a recent note, Barclays analysts argued that the government stimulus impulse that supported widespread gains in 2025 has largely run its course, reducing the likelihood of another…

The Australian Dollar (AUD) steadies against the US Dollar (USD) on Thursday following Australia’s Trade Balance data, which showed that trade surplus narrowed to 2,936M MoM in November versus 4,353M (revised from 4,385M) in the previous reading.The Australian Bureau of Statistics (ABS) reported on Thursday that Exports fell by 2.9% MoM in November from a rise of 2.8% (revised from 3.4%) seen a month earlier. Meanwhile, Imports grew by 0.2% MoM in November, compared to a rise of 2.4% (revised from 2.0%) seen in October.Australia’s mixed November inflation data left the Reserve Bank of Australia’s policy outlook uncertain. Focus now…

Unlike traditional indicators that just crunch numbers based on past price movements, AI-powered tools for MT5 actually learn from market behavior. They use machine learning algorithms to spot patterns that human eyes might overlook. These indicators analyze thousands of data points in seconds, looking at everything from price action to volume and volatility. The cool part? They get better over time. As the AI processes more market data, it refines its predictions and adapts to changing conditions. Traders don’t need a computer science degree to use them either—they install just like any other MT5 indicator. How Traders Use These Tools…

Markets:Gold down $45 to $4453WTI crude oil down 83-cents to $56.30S&P 500 down 0.3%US 10-year yields down 3 bps to 4.15%USD leads, CAD lagsThe early trade was generally risk positive and at midday, the S&P 500 hit a fresh all-time record. The President threw some cold water on that as he talked about defense companies halting dividends and buybacks. He also talked about banning institutional ownership of single family homes.In reality, he doesn’t have the power to do either of those things but its wasn’t exactly a pro-stock market message. Moreover, there is building angst about the potential Supreme Court…

Markets retreated from intraday records on Wednesday as traders digested stronger-than-expected services data and presidential social media posts targeting defense contractors and homebuilders, though geopolitical developments in Venezuela continued to influence energy and FX markets.Check out the forex news and economic updates you may have missed in the latest trading session! Broad Market Price Action: Dollar Index, Gold, S&P 500, Oil, U.S. 10-yr Yield, Bitcoin Overlay Chart by TradingView Wednesday delivered a session of divergent performance as markets digested stronger-than-expected services data alongside presidential announcements targeting defense contractors, with equities retreating from intraday records while the dollar strengthened modestly. The…

In our December update, we combined the Elliott Wave (EW) Principle with the Armstrong Pi-cycle turn dates and concluded for the NASDAQ 100 (NDX) that“…if the November 21 low at 23854 holds, based on current data, the Bull market will likely continue, ideally well into April next year, before a 2022-like Bear market begins. Below that level, it will strongly suggest that the bear market is already underway.”Closer to home, we“… adjusted our perspective to view the [December 10] 25835 high as only the gray Wave-i of a larger (green) 5th wave, with W-ii to ideally ~24600 now underway.”Fast forward…

Clashes in Syria’s Aleppo deepen rift between government, Kurdish forces Source link

Prior was -1934KGasoline +7702K vs +3186K expDistillates +5594K vs +2109K expThe private data released late yesterday showed:Crude -2.8mGasoline +4.4mDistillates +4.9mGiven the private numbers, the official report isn’t a big surprise but it’s still bearish. Yes, there was a headline draw in crude but those are big builds in products that are going to weigh on crude demand going forward.WTI crude oil is down 80-cents to $56.34 today. IT touched as low as $55.76 today, which is the lowest since Dec 17 and close to last year’s low of $55.00.For background:The EIA weekly crude oil report—formally the US Energy Information Administration’s…

The British Pound (GBP) ticks lower against the Japanese Yen (JPY) on Wednesday, extending losses for a second straight day. At the time of writing, GBP/JPY trades around the 211.00 psychological mark, down nearly 0.20%.The pullback has so far remained contained, with the wide UK–Japan interest-rate differential continuing to underpin the cross near levels last seen in 2008. GBP/JPY climbed nearly 7% last year, underpinned by lingering fiscal concerns in Japan and the Bank of Japan’s (BoJ) cautious approach to policy normalisation, which has kept the Yen on the defensive.Meanwhile, the Bank of England’s (BoE) gradual easing cycle has allowed…

Stocks to watch on Wednesday: CSGP, WBD, WRB, SNDK Source link