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Monday, January 6, 2025

Asia Market Movers | Bank of America see potential for a strong China equity rally in H2 2025

Bank of America see potential for a strong China equity rally in H2 2025

Stay Vigilant Amid Macro Uncertainties China's equity markets rebounded in 2024, driven by domestic policy shifts, but uncertainties in global trade, supply chains, and geopolitical dynamics may affec... 

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PBOC is set to issue a record volume of offshore yuan bills in Hong Kong this month

A bit more on that earlier report from Financial News in China: China financial media says PBoC statement sends stronger signal on stable yuan FX rate The People's Bank of China (PBOC) is set to issue... 

Goldman Sachs trim its gold forecasts, gold not to reach US$3000 in 2025

Goldman Sachs: no longer see US$3K by 2025 see $3K by mid-2026... 

North Korea has fired another ballistic missile

North Korea has fired another ballistic missile: launched a ballistic missile towards the East Sea, says South Korea military... 

Trudeau likely to resign, but has not yet made a final decision

Reuters cite "source familiar with Trudeau's thinking': T is increasingly likely to announce he intends stepping down T has not made a final decision USD/CAD update, its dropped under 1.4400:... 

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Latest Forex Orders

FX option expiries for 3 January 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . And they are all for EUR/USD, layered in between the 1.0200 to 1.0300 levels. After the steeper decline overnight thanks to a st... 

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