News Formal

Forex Today: Cautious optimism prevails amid China woes, partial US market holiday

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

China Nieuws

Riskappetite,Dollarindex,Inflation

Here is what you need to know on Monday, November 11: Markets remain cautiously optimistic at the start of a new week, following a record-setting rally on Wall Street last week.

Disappointment with China’s 10 trillion yuan fiscal stimulus package and soft inflation data raise concerns over economic prospects, sagging investors’ confidence. China’s CPI rose 0.3% last month from a year earlier, slowing from September's 0.4% rise and the lowest since June, data from the National Bureau of Statistics showed on Saturday, missing a 0.4% increase estimated.

Looking ahead, it is a relatively quiet economic calendar In Europe while US traders observe a partial market holiday on Veterans Day. US bond markets are closed but stock markets will remain open this Monday. Across the G10 FX board, the Japanese Yen is the weakest so far, undermined by the uncertainty over the Bank of Japan’s interest rate hike timing.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 14. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Forex Today: Major currency pairs stay calm to start week, partial market holiday in USHere is what you need to know on Monday, October 14: Major currency pairs trade near the previous week's closing levels to start the new week.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »

Forex Today: The UK labour market report takes centre stageThe Greenback extended its monthly recovery on the back of the persevering risk-off mood in the FX universe, while investors warmed up for key upcoming US data releases as well as Fed speakers.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »

Forex Today: Market attention turns to Canada inflation data and FedspeakHere is what you need to know on Tuesday, October 15: Following a quiet start to the week, the US Dollar (USD) gathered strength and managed to build on the previous week's gains, with the USD Index reaching its highest level since early August above 103.00 on Monday.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »