Chinese authorities‘ plans to regulate algorithms likely runs counter to business interests and sets a precedent for other countries, analysts said.
Archiv für den Monat: September 2021
Chinese stocks are too risky right now – buy its bonds instead, J.P. Morgan’s Joyce Chang suggests
J.P. Morgan’s Joyce Chang is cautious on Chinese stocks due to its regulation crackdown on popular market groups and industries.
ForexLive European FX news wrap: Dollar steady awaiting payrolls
Forex news from the European trading session – 3 September 2021
Headlines:
Markets:
– AUD leads, CHF lags on the day
– European equities mixed; S&P 500 futures up 0.2%
Headlines:
Markets:
– AUD leads, CHF lags on the day
– European equities mixed; S&P 500 futures up 0.2%
All ready for the US non-farm payrolls later?
What to expect from the US jobs report today
This could be one of the more straightforward reports in the sense that a poor reading will cast some doubts about the labour market recovery, reaffirming fears from the ADP employment data on Wednesday, and keep a drag on the dollar.
This could be one of the more straightforward reports in the sense that a poor reading will cast some doubts about the labour market recovery, reaffirming fears from the ADP employment data on Wednesday, and keep a drag on the dollar.
US futures cool, calm, and collected ahead of NFP
US futures holding at the highs going into payrolls
The market is keeping steady for the most part as we continue to count down to the US non-farm payrolls release later today. US futures are not sensing much fear ahead of the key risk event, keeping near all-time highs in European morning trade.
The market is keeping steady for the most part as we continue to count down to the US non-farm payrolls release later today. US futures are not sensing much fear ahead of the key risk event, keeping near all-time highs in European morning trade.
BofA raises euro area growth forecasts, expects ECB to end PEPP in March 2022
BofA lifts its forecasts for euro area growth, inflation
As for the ECB and the PEPP programme, it is very much expected to see that run its course until expiry in March next year. That said, one can expect the central bank to ease the pace of purchases over the next few months.
As for the ECB and the PEPP programme, it is very much expected to see that run its course until expiry in March next year. That said, one can expect the central bank to ease the pace of purchases over the next few months.
PBOC says will keep prudent monetary policy flexible, targeted and appropriate
Remarks by the Chinese central bank
– Will improve financial risk prevention, warning, disposal and responsibility system
– Will maintain stable operation of stock, bond, and forex markets
This just reaffirms that they are maintaining their current policy stance in light of concerns surrounding China’s economy in general, especially with tech stocks having taken a significant knock over
– Will improve financial risk prevention, warning, disposal and responsibility system
– Will maintain stable operation of stock, bond, and forex markets
This just reaffirms that they are maintaining their current policy stance in light of concerns surrounding China’s economy in general, especially with tech stocks having taken a significant knock over