NIO gains more than 5% on Friday, closing above the 21-day moving average

[ad_1] Share: NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan. Nio CEO William Li says Nio will cut about 10% of its employees. Non-core investments will also be trimmed as EV company focuses on financial performance. US Nonfarm Payrolls fell to 150K in October, a print that

XAU/USD rebound appears elusive below $1,950 as yields drive US Dollar higher

[ad_1] Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United States data, Federal Reserve talks propel yields, US Dollar and weigh on the Gold Price. Risk catalysts, mid-tier US data and Fed signals eyed for fresh

USD/CNH bulls approach 7.2900 on softer China PMI, easing stimulus-driven optimism

[ad_1] Share: USD/CNH picks up bids to extend week-start rebound despite upbeat China. China Caixin Services PMI for August eases to 51.8 versus 54.1 previous readings. Doubt about China’s capacity to defend economic recovery with stimulus weighs on Yuan as full markets return. Country Garden news, China Commerce Ministry updates prod USD/CNH bulls

Yuan drops below 7.2900 on PBoC moves, multi-year high US-China yield gap

[ad_1] Share: USD/CNH bounces off intraday low but defends week-start bearish move. 10-year yield gap between US and China jumps to the highest since 2007. Markets fear more China stimulus, further downside for Yuan amid economic pessimism. US Dollar’s preparations for Jackson Hole Symposium allow USD/CNH to pare recent gains. USD/CNH rebounds from

S&P500 Futures prod one-month low, yields grind higher as China fuels economic fears

[ad_1] Share: Market sentiment remains sour on China debt woes, geopolitical fears. S&P500 Futures lick its wounds at the lowest level in a month during five-day downtrend. Treasury bond yields approach yearly tops marked earlier in August. Fears emanating from China’s Country Garden, Zhongrong Trust propel debt woes. The risk appetite remains downbeat

GBP/USD زیر 1.3700 سوراخ می شود در حالی که فدرال رزرو بر روی Jackson Hole می چرخد

[ad_1] کابل به زیر 1.3700 سقوط می کند زیرا احساسات خطر به دنبال صحبت های فدرال رزرو و داده های قوی ایالات متحده کاهش می یابد. DXY در منطقه 93 حرکت می کند در حالی که پوند پیش از سخنرانی اصلی پاول فدرال رزرو با خطر مواجه می شود. GBP/USD زیر رقم 1.37 در حال