Logo-color Logo-white

China continues to struggle with a housing crisis that shows no signs of turning three years into the crisis. We expect it to weigh on the economy again this year. However, the overall economy continues to muddle through with the help of stimulus and industrial policy. In 2024 we look for growth to moderate from […]

The post Research China – A Long and Painful Transition appeared first on Action Forex.

previous

Euro in Holding Pattern Ahead of ECB Decision

next

The Slow Lane in the Tunnel

Read More

16/01/2024

‘First Five Days’ Rule Points to a Challenging Year

US equity indices declined in the first five trading sessions of January. This dynamic promises a challenging year for the stock market, according to the old “first five days” rule. Identifying a defining trend would have been an easy task if not for stabilisation on the day of the NFP release on January 5 and […]
11/01/2024

Finally! The SEC Approves all 11 Applications for Bitcoin ETFs

The following ETFs can start operating today: Blackrock’s iShares Bitcoin Trust (IBIT) ARK 21Shares Bitcoin ETF (ARKB) WisdomTree Bitcoin Fund (BTCW) Invesco Galaxy Bitcoin ETF (BTCO) Bitwise Bitcoin ETF (BITB) VanEck Bitcoin Trust (HODL) Franklin Bitcoin ETF (EZBC) Fidelity Wise Origin Bitcoin Trust (FBTC) Valkyrie Bitcoin Fund (BRRR) Grayscale Bitcoin Trust (GBTC) Hashdex Bitcoin ETF […]
16/07/2024

NZD: Will Bearish Momentum Halt?

The NZDUSD pair remains under pressure near 0.6075 in early Asian trading on Tuesday, affected by weak Chinese economic data and a modest rebound in the US Dollar. Attention is on the upcoming US Retail Sales data for June. Focus will also shift to New Zealand’s CPI inflation data due on Wednesday. Expectations are that […]