Asia Market Movers: Onshore yuan (CNY) has dropped to its weakest since mid-November 2023

Onshore yuan (CNY) has dropped to its weakest since mid-November 2023 The US dollar has been supported against the yuan by interest rate differentials, US Treasury yields have firmed again since the very strong jobs data ( NFP headline +272K) at the end of last week. Th...  Bloomberg: Chinese Builder Dexin Receives Liquidation Order From Hong Kong Court Another one bites the dust in China's drowning- in-debt property sector. Bloomberg is gated. Dexin is not a huge developer, described as 'medium sized'....  Toyota's vehicle certification misconduct may violate UN standards This has been ongoing for some time, irregularities in applications to certify certain models of vehicles. I posted here for background: Japan's transport ministry ordered Toyota, Mazda,Yamaha to sus...  China doing a Chuck Norris on gold - waiting and watching China is the world's biggest official sector buyer of gold. In May the People's Bank of China 'paused' buying, higher prices cited: GOLD ICYMI: People's Bank of China completely stopped buying last mo...  Australian May business confidence -3 (prior 1.0) National Australia Bank Business Survey for May 2024 Business Confidence -3 prior revised to 2 Business Conditions 6 prior 7 conditions tends to be a more objective measure than the confidence (sentim...  Latest Forex Orders FX option expiries for 10 June 10am New York cut There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0775 level. It's not one that holds any technical significance, so I wouldn't attach too much imp...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus