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April 29, 2024
Australian Dollar (AUD) may be bolstered on upcoming Chinese PMIs, notably Caixin manufacturing PMI. Pound Sterling (GBP) awaits direction amidst limited UK releases.
January 22, 2024
The official's remarks follow the ruling Communist Party's new disciplinary rules that included giving warnings and expelling officials who are responsible for data violations.
January 1, 2024
Pound to Australian Dollar Rate Week-Ahead Outlook: Sterling Strengthens amid Quiet Trade
November 30, 2023
Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as AU CPI Misses Forecasts
November 27, 2023
Pound Australian Dollar (GBP/AUD) Exchange Rate Forecast: Sterling Recovery
November 3, 2023
GBP/AUD Outlook: Pound to Australian Dollar Rate Fluctuates as BoE Keeps Rates Unchanged
October 13, 2023
BEIJING (Reuters) -A mixed batch of Chinese data on Friday showing a narrowing slump in merchandise trade and the persistence of deflationary pressures underlined the challenges policymakers face in trying to engineer a durable economic recovery. China's raft of policy support measures over recent months have begun to stabilise some parts of the world's second-biggest economy, but a long-running property crisis, a slowdown in global growth and geopolitical tensions remain a drag on br...
August 15, 2023
BEIJING (Reuters) -A broad array of Chinese data on Tuesday showed the economy slowed further last month, intensifying pressure on already faltering growth and prompting authorities to cut key policy rates to shore up activity. Less than an hour before the release of a batch of July data, China's central bank unexpectedly cut key policy rates for the second time in three months, underlining the rapid loss of the post-COVID economic rebound that has shaken global financial markets. Industr...
August 15, 2023
(Bloomberg) -- Oil was steady after a loss on Monday on concerns around the health of the Chinese economy and an elevated dollar.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinWest Texas Intermedia...
August 15, 2023
BEIJING (Reuters) -A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed to revitalise growth. Just before the release of a batch of July data, China's central bank unexpectedly chopped one set of key interest rates, and followed it with cuts on other rates hours later, underlining the rapid loss of the post-COVID economic rebound ...