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Monday, January 13, 2025

Asia Market Movers | S&P 500 Futures Analysis Today

S&P 500 Futures Analysis Today

TradeCompass: S&P 500 Futures Analysis Today – 13 January 2025 Financial Instrument: S&P 500 E-mini Futures (ES Futures) Price at the Time of Analysis: 5842 Key Levels and Trade Scenarios for... 

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China intensified efforts on Monday to stabilize the weakening yuan

China intensified efforts on Monday to stabilize the weakening yuan, which has been under pressure due to a stronger U.S. dollar, declining Chinese bond yields, and rising trade tensions. The measures... 

China December USD denominated Exports +10.7% y/y (expected +7.3%) Imports +1.0% (-1.5%)

Chinese trade data for December 2024, USD denominated figures: Trade Balance 104.84bn expected 99.8bn, prior 97.44bn surge in exports balloons out the surplus even more Exports +10.7% y/y expected +7.... 

HKMA and PBoC to set up a CNY 100bn liquidity facility for trade finance

Hong Kong Monetary Authority statement: HKMA and PBoC will set up CNY 100bln liquidity facility for trade finance China to encourage listings and debt issuance in Hong Kong Bond Connect Southbound Sch... 

Some Chinese trade data is dribbling out. 2024 total imports +2.3% y/y

Data dripping out from China's Customs. Customs officials say that imports were impacted by global commodities price changes in H2 of 2024. Some countries' 'politicization of economic and trade issues... 

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Latest Forex Orders

FX option expiries for 10 January 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.0300 level once again. That is likely to help keep a lid on price action until we get to t... 

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