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Gold (XAU/USD) daily chartThe precious metal looks to snap four straight days of gains to start the new week, as it holds slightly lower on the day. That being said, it is off its earlier low of $1,964.45 at least, although there is a broader wave of easing safety...

The week will start slow with nothing significant in the calendar for Monday. On Tuesday, Japan will publish the BoJ Core CPI y/y; while the U.K. will get the claimant count change and unemployment rate. For the eurozone, the U.S. and U.K. we have the Flash...

The three key things to watch in markets right now are the same as it was last week. That being the Israel-Hamas conflict, developments in the bond market as 10-year Treasury yields near 5%, and the threat of Tokyo intervention as USD/JPY knocks on the door of the...

USD/JPY 5 mins chartWith Tokyo watching so far today, traders are looking a little hesitant once again for now. However, with 10-year Treasury yields inching back towards the 5% level, that is keeping the pair underpinned in the bigger picture. There is some relief in...

China to hold its financial conference focused on economy, debt risksGoldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China in NovChinese police raided...

China will hold its National Financial Work Conference at the end of October (30 and 31)It'll be focused on resolving debt-related risks, notably local government financing vehicle (LGFV) risks. The conference was due to be held in 2022 (the previous one was held in...

Goldman Sachs using its preferred measure, alongside official data from China, of FX capital flows:Capital outflows from China rose sharply to $75 billion in September (from $45bn in August)biggest monthly amount since 2016underscoring intensifying depreciation...

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,...

The Wall Street Journal with the report that Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-based advertising behemoth WPPShanghai police’s economic crimes investigation division said that three suspects at an...

I posted earlier on the woes at FoxConn:Says Bloomberg:Chinese authorities are again shaking the confidence of foreign firms with a series of arrests and an investigation into FoxconnBut its not really about FoxConn, or any individual firm, the Chinese Communist Party...

Snippet from DB on the euro, saying their view on it is neutral and hence they've lowered their end-2023 forecast to 1.07 from 1.15 previously. DB says the main reason they remain neutral EUR/USD is the pair has failed to break higher this year due to the relative...

Global Times report over the weekend:Chinese mainland tax authorities have conducted tax inspections on key enterprises of Foxconn Natural resources department has also conducted on-site investigations into the land use of key enterprises of Foxconn in Henan and Hubei...

There were two by-elections in Japan on Sunday:one for a lower house seatone for an upper house seatthe ruling Liberal Democratic Party won the lower house (House of Representatives) seat but lost in the House of Councillors poll, whiohc was taken by an...

China's envoy to the Middle East had comments reported via Chinese Communist Party state media.China's official statements have completely avoided referring to Hamas' heinous terrorist murders, rapes and kidnappings that kicked off this recent war. As such, Chinese...