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Shanghai

China GDP Beats Expectations; Hang Seng and Shanghai Composite Index To Extend Gains?

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HANG SENG, SHANGHAI COMPOSITE – Technical Outlook: China GDP and retail sales beat expectations, but fixed asset investment slowed. The Shanghai Composite Index has risen above key resistance, while the upward momentum in the Hang Seng Index appears is improving. What is the outlook and what are the key levels to watch? Recommended by Manish …

China GDP Beats Expectations; Hang Seng and Shanghai Composite Index To Extend Gains? Read More »

Ethereum (ETH/USD) Breaks Higher as Shanghai Upgrade Nears

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Ethereum (ETH) Prices, Charts, and Analysis Ethereum eyes resistance at $2,030. Shanghai upgrade set for April 12. Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading Ethereum is pushing higher today and has just made a fresh multi-month high after a month of indecision. The second-largest cryptocurrency by market cap is also paring …

Ethereum (ETH/USD) Breaks Higher as Shanghai Upgrade Nears Read More »

AUD/USD Grips Trendline as Shanghai Covid Fears Resurface

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Australian Dollar, AUD/USD, Covid, Oil, Food Prices, RBA Chart Pack – Talking Points Wednesday’s Asia-Pacific Outlook Investors flocked to haven assets overnight amid a volatile trading session in New York. US stocks started the day with steep losses but rallied into the close as falling bond yields helped take pressure off valuations. The benchmark 10-year …

AUD/USD Grips Trendline as Shanghai Covid Fears Resurface Read More »

Uncertainty Around EU Oil Ban While COVID-19 Cases Fall in Shanghai

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BRENT CRUDE OIL (LCOc1) ANALYSIS China’s growth forecasts look higher as COVID-19 situation improves in Shanghai. Hungary stifles EU oil ban. Consolidatory price action continues. CRUDE OIL FUNDAMENTAL BACKDROP Brent crude trades marginally lower this morning after minimal headway has been made with regards to the Russian oil ban, stemming from the Hungarian governments reluctance …

Uncertainty Around EU Oil Ban While COVID-19 Cases Fall in Shanghai Read More »

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