China NBS Non-Manufacturing PMI meets expectations (50.3) in August

Market correlations seemed out of sync, as traders braced for the the U.S. CPI report and a series of FOMC member speeches that influenced Fed policy expectations and overall sentiment. Bitcoin once again surged to new all-time highs while crude oil tossed and turned in reaction to production-related concerns. Headlines: Australia quarterly wage price index…

Exclusive-Taliban in talks with Russia, China for trade transactions in local currencies Source link

Want to master the art of momentum trading? Look no further. In this FXOpen article, we’ll explore how to use momentum indicators, the signals they generate, and five most popular momentum indicators for trading in 2024. What Is a Momentum Indicator? Momentum in technical analysis refers to the rate at which an asset’s price accelerates…

A member of the Royal Navy has died after a Merlin Mk4 helicopter crashed in the Channel off the coast of Dorset during a night-flying exercise. Two other crew members were rescued after the crash, which took place during training with the aircraft carrier HMS Queen Elizabeth. The victim has not been named but their…

The Australian Dollar holds gains following the PMI data release on Monday. The Caixin China Services PMI increased to 52.2 in December 2024, up from the previous reading of 51.5. The US Dollar Index hovers near 109.00, close to recent highs. The Australian Dollar (AUD) extends its gains for the third successive session against the…