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December 18, 2020
All eyes are on China for global economic recovery By Bradley Blankenship | CGTN | Updated: 2020-12-18 09:34 Editors note: Bradley Blankenship is a Prague-based American journalist, political analyst, and freelance reporter. The article reflects the authors opinions, and not necessarily the views of CGTN. Bloomberg Opinion columnist Daniel Moss wrote an interesting op-ed on December 15, arguing that the world "needs China more than ever" to drive economic...
December 18, 2020
Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/GBP Levels to Watch 2020-12-18 06:00:00 Daniel Moss, Analyst Euro Technical Analysis, EUR/USD, EUR/JPY, EUR/GBP, IGCS – Talking Points: EUR/USD to extend climb higher after breaching Bull Flag resistance. EUR/JPY eyeing a push to fresh yearly highs as prices consolidate in a Bull Flag continuation pattern. EUR/GBP coiling up in Symmetrical Triangle. Is a topside break on the car...
December 17, 2020
Australian Dollar Pushes Higher on Better-Than-Expected Jobs Data 2020-12-17 00:54:00 Daniel Moss, Analyst Australian Dollar, AUD/USD, Employment Data, Easing Restrictions, PMI – Talking Points: The Australian Dollar surged higher against its major counterparts on the back of strong employment figures for the month of November. The nation’s progressive return to normalcy may continue to put a premium on the cyclically-sensi...
December 17, 2020
Daniel Moss, Bloomberg News (Bloomberg Opinion) -- Whats the difference between China and Vietnam? Vietnam is smaller and can be reprimanded with fewer consequences. Thats one way of looking at the U.S. Treasuryâs decision Wednesday to brand Vietnam a currency manipulator for the first time. (So was Switzerland.) The label was meted out in the Trump administrationâs final review of exchange-rate policies of major U.S. trading partners. China, often the focus of Trumpâs ire ...
December 17, 2020
DAX 30, EU Stoxx 50 May Rise as Investors Await Vaccine Approval 2020-12-17 08:00:00 Daniel Moss, Analyst DAX 30, EU Stoxx 50, Coronavirus Vaccine, Euro-Area PMIs – Talking Points: Equity markets continued to climb higher during APAC trade as investors cheered progress in US fiscal aid talks. The elongated wait for vaccine approval in Europe could begin to weigh on regional investors’ sentiment. However, robust economic d...
December 16, 2020
Canadian Dollar Outlook: USD/CAD, CAD/JPY Eyeing Inflation Data 2020-12-16 08:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, CAD/JPY, Bank of Canada, Inflation – Talking Points: Equity markets gained ground during APAC trade as investors cheered progress in US fiscal aid talks. Upcoming inflation data may fuel further gains for the Canadian Dollar. USD/CAD rates eyeing a push to fresh yearly lows after slicing through...
December 16, 2020
New Zealand Dollar Technical Analysis: NZD/USD, NZD/JPY, GBP/NZD 2020-12-16 02:00:00 Daniel Moss, Analyst New Zealand Dollar, NZD/USD, NZD/JPY, GBP/NZD, Technical Analysis – Talking Points: NZD/USD poised to extend gains as prices remain constructively perched above key support. NZD/JPY rates eyeing a push to fresh yearly highs. GBP/NZD at risk of further losses after collapsing through long-term trend support. ...
December 15, 2020
US Dollar Outlook Dictated by Stimulus Talks Ahead of FOMC Meeting 2020-12-15 03:00:00 Daniel Moss, Analyst US Dollar, DXY, Federal Reserve, Fiscal Stimulus Talks – Talking Points: Progress in fiscal aid talks may trigger further downside for the haven-associated US Dollar. However, the absence of any meaningful monetary policy adjustment from the Federal Reserve may foster a short-term rebound. US Dollar Index poised to ext...
December 15, 2020
EUR/USD, EUR/JPY Aiming Higher Despite Tightening Covid Restrictions 2020-12-15 08:00:00 Daniel Moss, Analyst Euro, EUR/JPY, EUR/USD, Coronavirus Restrictions, European Central Bank – Talking Points: Equity markets moved broadly lower during APAC trade as investors digested US fiscal stimulus developments. The notable tightening of restrictions in several European nations may do little to hamper the Euro’s rise against its...
December 15, 2020
Daniel Moss, Bloomberg News BEIJING, CHINA - MARCH 08: Chinese President Xi Jinping attend the second plenary meeting of the second session of the 13th National Peoples Congress (NPC) at the Great Hall of the People on March 8, 2019 in Beijing, China. The second session of the 13th NPC opens in Beijing on Tuesday. (Photo by Lintao Zhang/Getty Images) , Photographer: Lintao Zhang/Getty Images AsiaPac (Bloomberg Opinion) -- The world needs China...