Chinese Economy

The Australian dollar has rallied during the week, testing the 61.8% Fibonacci retracement level. We have pullback quite a bit and what you dont see on the weekly chart is that the Thursday and Friday candlesticks were both very exhaustive looking. At this po…

TOKYO/LONDON: Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors' worries about progress in US-China trade talks. Brent crude was up 27 cents, or 0.4 per cent, at $59.89 a…

* Revenue at lower end of analyst expectations * High rollers stay away during Oct national holiday * U.S.-Sino trade war, weakening currency, protests weigh (Adds detail on revenues, context on Macau and China) By Farah Master HONG KONG, Nov 1 (Reuters) …

Hong Kong, one of the business capitals of the world, is in recession, according to its Census and Statistics Department. Hong Kong’s economy, if measured independently from China, which controls the region, would rank 31st in the world with a GDP of $373 bil…

Still growing. Still investing. Sorry, Paul Krugman. You were wrong. Here, a crowd of shoppers at ... the new Wegmans supermarket in the Brooklyn Navy Yard on October 27, 2019. Wegmans made its NYC debut with a 75,000-square-foot store in Brooklyn. (Photo…

SINGAPORE (Reuters) - Singapore's economy will struggle next year as slowing growth in China and Sino-U.S. trade tensions choke investments in trade-dependent industries such as electronics manufacturing, the central bank said on Wednesday. Singapore's econo…

Investing.com President Donald Trumps tease of the possibility of a faster-than-expected U.S.-China trade deal rained on the gold bulls' parade ahead of the Fed rate decision. Both futures and spot prices of gold fell below the key bullish level of $1,500 pe…

The Standing Committee of the 13th National People’s Congress in China has passed the cryptography law on Saturday and it will be effective on January 1, 2020, according to a Chinese media report. The announcement came one day after Chinese President Xi Jinp…

Key economic data continues to indicate that China is still slowing. In the video above, Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale dissect recent credit growth data in China and why the country remains short of U.S. dollars. The reas…

Teslas big plans for China, some (bleak) third-quarter earnings updates, the latest on Carlos Ghosn and more await you in The Morning Shift for Thursday, Oct. 24, 2019. 1st Gear: Teslas Profit Heyo, guess who scraped out a profit last quarter? Tesla! The pr…