The Dollar crumbled yesterday after testing a key zone of resistance, and this keeps the Greenback in a bearish state as we look towards year-end. In this webinar, we looked at price action setups across the U.S. Dollar.
The past 24 hours have produced a number of key drivers, and FX markets have put in some relevant moves around some very key levels. In this article, we attempt to separate the pertinence from the noise.
The final Federal Reserve rate decision for this year looms on the calendar for later today. A hike is widely-expected, but what could the bank say or do that could elicit some element of sustainable strength in the Greenback?
A man has been arrested on suspicion of robbing more than 80 graves in mountain cemeteries in eastern China. The 50-year-old man, identified only by his surname Zhu, is suspected to have dug up and stolen valuables from 81 graves in mountains across Tonglu County, Zhejiang province, Hangzhou City Express reported. Local police said the […]
A Chinese man was sentenced to one year in jail after a video of him stamping on a portrait of Genghis Khan went viral, mainland media reported on Friday. He was charged with affecting social stability by prosecutors in Ordos, a city in Inner Mongolia, news website Thepaper.cn reported. The man, only identified by his […]
China oil and gas major CNOOC has rented a convoy of 100 trucks to ship liquefied natural gas (LNG) the length of the country to wintry northern regions in the latest unusual and costly move to ease a deepening fuel crisis. The trucks, kitted out to transport 20 tonnes apiece of super-chilled gas, are travelling […]
China’s first medical drone dropped off much-needed supplies to a remote cliff-top village on Thursday, Chinese media reported. The drone was photographed hovering over the village of Atule’er in Liangshan Yi autonomous prefecture, Sichuan province, about 1,400 metres above sea level, China News Service reported. The village in southwestern China made headlines in 2016 when […]
The eastern Chinese city of Wuxi is the latest centre to get on board a countrywide campaign to reward bookshops in a drive to promote reading and culture. The government of Wuxi in Jiangsu province named seven bookshops that will each receive a grant of 30,000 yuan (US$4,500), mainland media reported on Thursday. The campaign […]
From the migration of purple butterflies to the crafting of bamboo steam baskets, Taiwan’s leading 3D film director has spent a decade painstakingly capturing the island’s beauty. After a life-threatening tumour left him partially deaf and blind in one eye in 2002, Charlie Chu moved away from making television series and music videos, instead seeking […]
Britain hopes to seal a billion pounds (US$1.34 billion) worth of trade and investment agreements with China during a weekend visit by finance minister Philip Hammond, the Bank of England chief Mark Carney and senior executives. The Beijing visit is the latest instalment in long-running economic talks between the two states, but it has taken […]
China’s top commander has blamed Australia for compromising peace and stability in the disputed waters of the South China Sea, amid rising tension between the two nations. The comments were made during a meeting between navy commander Shen Jinlong and visiting Australian counterpart Tim Barrett on Thursday, the Ministry of National Defence said. “The situation […]