China’s GDP contracts 2.6% YoY in Q2 2022 vs. -1.5% expected, AUD/USD unfazed
China's annualized GDP figures for the second quarter of 2022 arrived at 0.4% vs. 1.0% expected and 4.8%
China’s NBS: Downward pressure on economy increased substantially in Q2
Following the release of the June activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
AUDUSD could see a further drop to the 0.66 mark over the coming days – ING
The Australian dollar is currently looking at a significant divergence between internal and external drivers.
NZD/USD steadily climbs closer to daily high, around 0.6130-35 area amid softer USD
NZD/USD reversed modest intraday losses amid subdued USD price action on Friday. The overnight less
Polestar (PSNY) stock continues to edge high despite heavy resistance above $10
PSNY stock advances another 1.5% on Wednesday. Polestar completed its merger with GGPI and began
USD/CNH: Near-term consolidation seems on the table – UOB
According to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, USD/CNH
China: Exports kept the solid performance – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest trade balance figures in
PBOC: China’s inflation is under control
The People’s Bank of China (PBOC) said in a statement on Wednesday that China’s inflation
USD/CNH: There is room for a move to 6.7700 – UOB
USD/CNH faces a potential near-term consolidation ahead of a probable advance to 6.7700, commented FX
China’s June Trade Balance: Surplus keeps expanding, as exports soar
China's Trade Balance for June, in Yuan terms, came in at CNY650.11 billion versus CNY455.04