Author: FX
Following the release of the top-tier China’s May activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.Key quotes (via Reuters)Many uncertainties in the international environment, foundation of economic recovery needs to be strengthened.China’s policy toolkit is well-stocked, has the flexibility to adjust macro policies according to changing circumstances.Overall level of prices still at a low level, which affects enterprises, employment and incomes.There is difficulty in recruiting workers in some sectors and a high level of pressure on employment for some groups.Still, some pressure on maintaining stable employment, primarily due to the complex and…
The Ind-TD-DeMark-3-1 is a MetaTrader 4 custom indicator based on Tom DeMark’s famous TD Sequential strategy. This tool identifies likely trend exhaustion zones by counting price bars in a specific sequence. It’s often used by traders to catch price reversals or to confirm if a trend still has strength. The indicator adds visual clarity to the chart, making it easier to read and follow price action. How It Works in Simple Terms This indicator counts candles in a series, usually up to 9 or 13. When that count is complete, it signals that the market might reverse soon. For example,…
Australia's Santos backs $18.7 billion takeover bid from ADNOC-led consortium Source link
New bank loans in China rose less than expected in May, totaling 620 billion yuanmissing forecasts of 850 billion despite recent rate cuts and a temporary U.S.-China trade truceThis follows a nine-month low in AprilYear-on-year loan growth slowed to a record low of 7.1%, down from 7.2% in April.Household loans (mostly mortgages) grew slightly in May (+54bn) after a sharp contraction in April, but corporate loan demand weakened.Broad M2 money supply rose 7.9% y/y, also below expectations of 8.1%, and down from April’s 8.0%.Total social financing (TSF) growth remained steady at 8.7%, supported by increased government bond issuance.Analysts cited persistent…
Sitthipong PengjanGucci owner Kering (OTCPK:PPRUF) (OTCPK:PPRUY) is preparing to appoint Renault’s (OTCPK:RNSDF) (OTCPK:RNLSY) Luca de Meo as its next chief executive, turning to the seasoned Italian executive credited with revitalizing the French carmaker in hopes Source link
Macron rejects Trump's idea for Putin to mediate Israel-Iran crisis Source link
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. Indicative rates, a little change from late Friday, a little strength for the USD and JPY. Given all the Middle East fighting over the weekend, not too much change from late FridayEUR/USD 1.1532USD/JPY 143.90GBP/USD 1.3559USD/CHF 0.8116USD/CAD 1.3591AUD/USD 0.6483NZD/USD 0.6010 This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Trump vetoed an Israeli plan to kill Iran's supreme leader, US officials say Source link
Israel and Iran strike at each other as Trump says conflict can be easily ended Source link
The Kalman Filter MT4 Indicator is a powerful tool that helps traders predict future market trends by filtering out random price movements. This indicator is based on the Kalman filter algorithm, which uses mathematical equations to estimate the true value of a process in the presence of noise. It works by taking historical price data, analyzing it, and forecasting future movements based on existing trends. It’s especially useful for traders who rely on technical analysis, offering a clearer perspective amidst volatile market conditions. How Does the Kalman Filter MT4 Indicator Work? The Kalman Filter works by combining two key components:…