NZD/USD flat-lines below 0.6000, US PMI, Fed’s Powell speech eyed

Share: NZD/USD remains flat around 0.5994 ahead of the Reserve Bank of New Zealand (RBNZ) rate decision. New Zealand’s Building Permits for August came in at -6.7% MoM vs. -5.4% prior. The annual Core PCE Price Index grew 3.9% from 4.3% in July, in line with expectations. Market players await the US ISM… ادامه خواندن NZD/USD flat-lines below 0.6000, US PMI, Fed’s Powell speech eyed

China Caixin Services PMI fell from previous 51.8 to 50.2 in September

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any… ادامه خواندن China Caixin Services PMI fell from previous 51.8 to 50.2 in September

Mexico Fiscal Balance, pesos climbed from previous -77.562B to -38.94B in August

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any… ادامه خواندن Mexico Fiscal Balance, pesos climbed from previous -77.562B to -38.94B in August

GBP/USD loses the 1.22 handle to close out Friday trading

Share: The GBP/USD initially rose on Friday, but got knocked lower as the market broadly swept back into the US Dollar. The US Dollar index caught a late bid to push back into the middle to close out the trading week. Recession risk is still quite high in the UK, capping Pound Sterling… ادامه خواندن GBP/USD loses the 1.22 handle to close out Friday trading

Mexican Peso prolongs gains on strong demand, Banxico’s decision, and soft US inflation

Share: Mexican Peso aims to recover further as Mexico’s central bank doesn’t foresee rate cuts. Mexico’s economic docket will report its Fiscal Balance on Friday. USD/MXN triggered a sell-off after closing below 17.60 on Thursday as the pair slides below 17.40. The Mexican Peso (MXN) stages a strong comeback versus the US Dollar… ادامه خواندن Mexican Peso prolongs gains on strong demand, Banxico’s decision, and soft US inflation

Nike gets big tick from investors after earnings beat, lower inflation

Share: Nike beat earnings consensus for FQ1 results. The quarter ending in August witnessed better pricing power. Nike earned $0.94 per share on revenue of $12.94 billion. NKE stock has conquered the 21-day SMA, signaling a new uptrend. August PCE data shows core inflation slowing its growth trajectory. Nike (NKE) stock has surged… ادامه خواندن Nike gets big tick from investors after earnings beat, lower inflation

NIO sees early gains after Chinese authorities deregulate digital data

Share: NIO stock gives back early gains reaped on deregulation of cross-border data. China’s Cybersecurity Administration has reduced scrutiny of non-personal data. Hang Seng index closes 2.5% higher on the news. US Core PCE data for August shows inflation slowing, boosts US stocks.   Nio (NIO) stock rose 1.2% early Friday, to $9.02 but… ادامه خواندن NIO sees early gains after Chinese authorities deregulate digital data