Author: FX
China’s Trade Balance for June, in Chinese Yuan (CNY) terms, arrives at CNY859.05 billion, widening from the previous figure of CNY723.98 billion.Exports surge 20.8% year-over-year (YoY) in June from a 13.8% increase seen in May. The country’s imports surge 29.4% YoY in the same period vs. 21.5% recorded previously.In US Dollar (USD) terms, China’s Trade Surplus rise more than expected in June. Trade Balance arrived at +125.62B versus +121B expected and +105.43B prior.Exports (YoY): 27% vs. 18.2% expected and 19.4% last.Imports (YoY): 36% vs. 24% expected and 27.4% previous.Market reaction to China’s Trade BalanceThe Australian Dollar (AUD) faces slight selling…
Markets seem to be positioning for an upbeat BOC decision, but what if the central bank disappoints and dampens rate hike expectations? Here’s what I’m watching on NZD/CAD and USD/CAD in this scenario. Source link
Looks like the BOC is set to hold rates again, but Macklem’s tone could decide whether CAD rallies or reverses this week. Source link
China’s premier urges ’objective’ understanding of the economy Source link
The Buying Selling Pressure Indicator MT4 helps reduce that uncertainty by showing whether buyers or sellers are currently controlling the market. Instead of relying only on candle patterns, traders can measure the balance of market pressure before entering a trade.A trader who understands buying and selling pressure has a better chance of filtering weak signals and avoiding trades during indecisive market conditions. While no technical tool can predict every move, this indicator offers valuable insight into market sentiment when combined with price action and proper risk management. The following sections explain how it works, where it performs best, and how…
The round trip in USD/JPY, from a sharp Friday rally back to levels seen before Katayama spoke, is a reminder that verbal intervention alone rarely holds without a concrete policy commitment behind it. The scale of the reversal also suggests the initial move was built more on speculative extrapolation than on confirmed detail, since GPIF’s basic allocation framework has not actually changed. That said, the underlying arithmetic behind a genuine reallocation, even a one percentage point shift equates to a meaningful yen flow, means markets are likely to stay sensitive to any future signal that this moves from rhetoric to…
OCBC strategists Sim Moh Siong and Christopher Wong note that Barisan Nasional’s strong win in Johor reinforces UMNO’s political momentum but leaves federal policy continuity intact, limiting immediate implications for the Malaysian Ringgit (MYR). They highlight two-way risks for USD/MYR, with bearish daily momentum, support around 4.0540–4.0320 and resistance at 4.0810 and 4.0980, while flagging potential uncertainty from upcoming Negeri Sembilan elections.Political outcomes and technical levels”Barisan Nasional retained Johor with a commanding 48 of 56 seats, up from 40 previously, while Pakatan Harapan secured the remaining eight. A BN victory was widely expected, although the scale of the win reinforces…
The RBNZ surprised markets with a July hike to 2.50%. Explore the fundamental case behind the New Zealand dollar and build your own bias. Source link
Tomas RaginaPresident Donald Trump announced on Monday that the U.S. will launch significant military strikes against Iran, declaring that American forces will “hit them very hard tonight, and we’re going to hit them hard tomorrow.” In an interview on The Hugh Source link
President Trump declared the U.S. the Strait of Hormuz’s “guardian” and demanded a 20% reimbursement fee on all cargo. Oil jumped 5%, stocks fell 1%, and the June ceasefire is officially dead. Source link