China stocks: Goldman Sachs raised its 12-month CSI 300 Index target to 4,900 from 4,500

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more

Australian Private sector credit (July 2025) +0.7% m/m (expected +0.6%)

Australian Private sector credit (July 2025) +0.7% m/m expected +0.6%, prior +0.6% higher than expected for a nice beat all three main measures higher (see pic of table below) +7.2% y/y – Private sector credit data from the Reserve Bank of Australia (RBA) is closely watched because it provides an early read on borrowing trends … Read more

PBOC is expected to set the USD/CNY reference rate at 7.1274 – Reuters modelled estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate … Read more

Powell pivot boosts equities; SocGen expects 100bps cuts and higher markets ahead

Societe Generale’s Manish Kabra said the Russell 2000’s sharp outperformance of the S&P 500 was the biggest single-day relative gain since Donald Trump’s election victory on November 6 last year. He attributed the move to Federal Reserve Chair Jerome Powell’s dovish pivot, noting that small-cap companies, which rely more heavily on borrowing to fund growth, … Read more

Nvidia on Blackwell chips to China: Starting to have conversations w/Trump Aministration

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more

Fed’s Cook: An unintentional clerical error, may have been behind the mortgage dispute

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more