A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge ahead of Jerome Powell’s testimony to Congress.
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s sluggish economic recovery.
China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge...
Jerome Powell
inflation
Federal Reserve
SPX500_m
NQ100m
EUROstoxx
FTSE100
Crude Oil
Gold
SMA
Technical Analysis
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s s...
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...
AUDUSD breaking above 0.65712 may send bullish signal
Two potential targets identified
If 0.65201 support is broken, bullish ...
AUDUSD
Aussie
CPI
inflation
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