China

Crude Oil Forecast: The December 2021 support level remains a key factor amid shifting data on US inventories, Middle East conflicts and ceasefire hopes, economic indicators, and supply quotas. Will it hold through 2024?

Crude Oil Week Ahead: Crude oil wrapped up the third week of October with a sharp 9% loss, driven by weaker Chinese economic data and reduced concerns about oil supply disruptions. Looking ahead, key events between Chinese policies, BRICS, and PMIs are expected to influence crude oil’s trajectory in the coming week.

Crude Oil Forecast: Crude oil is currently hovering around the $70 mark, caught between bearish momentum driven by a declining demand outlook and supply disruption risks, particularly in the Middle East.

China’s A50 index is mirroring the 2014-2015 surge, the last time policymakers enacted coordinated fiscal/monetary/macroprudential stimulus measures - what does that mean moving forward?

The composite economic indicators are critical components of an analytic system meant to identify business cycle peaks and troughs. The indexes, which combine numerous independent data, provide a better and more persuasive summary of economic trends than individual components.

Crude Oil Forecast: Oil market volatility is expected next week with Powell’s economic outlook and crude oil inventory updates.

With support in place and momentum trying to turn higher, we’re now looking for additional gains on the China A50 and Hang Seng.

US data steps away from the limelight to make way for inflation reports from the UK, Canada, New Zealand, and Japan. And throw in an ECB meeting, Australian employment report and the CCP's Third Plenum for good measure.

China’s major stock market indices have been falling since the middle of May. With little in the way of a decent bounce higher, I continue to suspect one could be due.

The inverted relationship between USD/HKD and the Hang Seng remains strong. And with the latter retracing -92% over the past month and risk of the US dollar falling further, perhaps the Hang Seng is due a bounce.

China’s fledgling economic recovery suffered another setback in April with activity indicators mostly disappointing, especially regarding the beleaguered property sector. The news weighed on the Chinese yuan and other Asian currencies, such as the Japanese yen and Australian dollar.