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Reuters with the info that - China's SAIC Motor plans to cut thousands of jobs in 2024 at its joint ventures with General Motors and Volkswagen, and at an electric-car unit.Reuters cite two people with knowledge of the matter.SAIC is a Chinese state-owned...

Data out over the weekend, ICYMI, showed China's manufacturing activity expanded for the first time in six months in March.This was the official PMI data for March:Manufacturing PMI 50.8 in March vs. 49.9 expected and 49.1 in FebruaryAbove the 50 level means the...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

Globex opens at 5pm Chicago time on a Sunday, which is 6pm US Eastern time. NQ and ES have jumped higher.In FX the USD has dropped alongside. You can track US futures on our free charts, here is the S&P 500 futures, ES: This chart is from our charting app, which...

Over the weekend we had the, improving, official PMIs from China:Today, Monday, we'll get the second China manufacturing PMI, this one from Caixin / S&P Global. We'll also get the Bank of Japan Tankan report for Q1. The Reuters Tankan, out monthly, serves as a...

It's a holiday Monday in Hong Kong, New Zealand and Australia on 1 April 2024 for Easter Monday. Japan, Singapore and mainland China are all open. Hong Kong's absence will thin liquidity out somewhat while New Zealand and Australia will do the same in the early hours....

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

UPCOMING EVENTS:Monday: China Caixin Manufacturing PMI, US ISM Manufacturing PMI, BoC Business Outlook Survey.Tuesday: RBA Minutes, Switzerland Retail Sales, Switzerland Manufacturing PMI, German Inflation data, US Job Openings.Wednesday: China Caixin Services PMI,...

China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company Caixin and research firm Markit / S&P Global.The official PMI survey...

If you are trading markets in the EU, UK and/or Switzerland note the change of time zones this weekend.Clocks go forward 1 hour in those locations early on Sunday morning.Check your local times for an earlier opening to markets in impacted countries!And if you do...