Foreign investors and financial institutions are still eager to invest in the mainland Chinese market.
Archiv für den Monat: Mai 2021
Dow climbs 300 points, S&P 500 bounces back into the green for the week
The move in futures comes after major averages rebounded from a three-day losing streak.
ECB’s Lagarde: Given uncertainty, accommodative policies remain necessary for months to come
Remarks by ECB president, Christine Lagarde
– Believes that we are in a recovery process
– But the recovery is still uncertain
– Euro area will go back to pre-virus levels in 2022
Her comments on inflation are the more notable ones here but it fits with what most policymakers – especially the Fed – have been sticking with
– Believes that we are in a recovery process
– But the recovery is still uncertain
– Euro area will go back to pre-virus levels in 2022
Her comments on inflation are the more notable ones here but it fits with what most policymakers – especially the Fed – have been sticking with
AUD/USD turns flat as major currencies keep little changed for the most part
AUD/USD erases the slight decline from earlier to push back up to 0.7775
As such, buyers hold near-term control but will have to try and work past the swing highs yesterday at around 0.7780 first before challenging the 0.7800 level next.
As such, buyers hold near-term control but will have to try and work past the swing highs yesterday at around 0.7780 first before challenging the 0.7800 level next.
Risk continues to hold steadier in European morning trade
Not a whole lot going on thus far
European indices are posting slight gains so far on the session while US futures are seen up 0.2%, as risk tones keep steadier and calmer after the bounce yesterday.
European indices are posting slight gains so far on the session while US futures are seen up 0.2%, as risk tones keep steadier and calmer after the bounce yesterday.
German health official says studies suggest existing vaccines are less effective against India COVID-19 variant
RKI president, Lothar Wieler, warns against virus variants
That is not too comforting and this will be a risk to watch out for as major economies start to progress with the reopening ahead of the summer. There is already a growing fear in the UK over the India COVID-19 variant in the past few days and
That is not too comforting and this will be a risk to watch out for as major economies start to progress with the reopening ahead of the summer. There is already a growing fear in the UK over the India COVID-19 variant in the past few days and
UK May flash services PMI 61.8 vs 62.2 expected
Latest data released by Markit/CIPS – 21 May 2021
Pent-up demand is the obvious driver here although strong price pressures are still a downside to note in this report, much like everywhere else at the moment.
Pent-up demand is the obvious driver here although strong price pressures are still a downside to note in this report, much like everywhere else at the moment.