Modest Chinese Stimulus Triggers Demand Concerns

[ad_1] Oil (Brent Crude, WTI) Analysis China crucial to oil demand outlook, data sensitivity expected Brent crude oil and WTI eas ahead of EIA storage data and Jackson Hole IG client sentiment briefly shifted net long – complicating the outlook The analysis in this article makes use of chart patterns and key support and resistance

Asia FX dips on Fed concerns, Chinese yuan sees intervention support By Investing.com

[ad_1] © Reuters. Investing.com — Most Asian currencies fell on Thursday after the minutes of the Federal Reserve’s July meeting presented a hawkish outlook on interest rates, while the Chinese yuan rose amid reports of currency market intervention by the state. The dollar strengthened against a basket of currencies after the , coming within sight

Australian Dollar trades lower on Chinese credit concerns, US inflation data

[ad_1] Share: Australian Dollar weakens on fears of a credit crunch in the Chinese property sector. Hawkish commentary from the Governor of the RBA, Philip Lowe, temporarily staunches the bleeding.  US factory gate inflation comes out higher than expected, however, supporting the US Dollar.  The Australian Dollar (AUD) trades lower against the US