China's yuan slips to 2-year low versus peers after Trump-Xi call leaves issues unresolved

China's yuan slips to 2-year low versus peers after Trump-Xi call leaves issues unresolved
Source link

China's yuan slips to 2-year low versus peers after Trump-Xi call leaves issues unresolved
Source link
Hello everyone! In today’s article, we’ll examine the recent performance of Russell 2000 ETF ($IWM) through the lens of Elliott Wave Theory. We’ll review how the powerful rally from the November 2025 low unfolded as a textbook 5-wave impulse and discuss our evolving forecast for the next move. Let’s dive into the structure and expectations for this tech…
Summary Prospects for a trade war are transitioning from a looming threat to looming policy. While most of the latest proposal is now on ice, our model simulations demonstrate how the latest round of proposed tariffs could introduce a modest stagflationary shock by negatively impacting growth and temporarily boosting inflation. Begun the Trade War Has…
The Eurozone Services PMI was revised higher to 50.1 in April from an initial reading of 49.7. This was below the March reading of 51.0 and barely above the 50-level which separates expansion from contraction. New orders were down and business confidence fell for a fourth straight month as purchasing managers are concerned about the…
In the world of monetary policy, subtle changes in tone can move markets. One such signal is a hawkish tilt in Fed policy. This phrase may not sound dramatic, but it often precedes major shifts in interest rates, financial conditions, and market sentiment. Understanding a hawkish tilt in Fed policy can help investors, traders, and…
By definition, black swan events are unexpected and extremely difficult to predict. It’s possible that we could see huge gaps, wild swings, and increased volatility during big events… or we could see no movement at all. Remember the time when the Swiss National Bank (SNB) surprised the markets with the decision to stop defending EUR/CHF’s…
Do bid and ask prices in forex confuse you? Not sure why your trades start negative right out of the gate? You’re not alone. When I started my trading journey over 20 years ago, the idea of two separate prices for a market was puzzling, to say the least. The good news is that you’re…