Month: September 2023

China Gold Prices Surge

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🌟🌟 China’s Gold Prices Surge: The market for bullion in China has surged this month, at times commanding a record premium over international prices of more than $100 an ounce, compared with an average over the past decade of less than $6. On Wednesday, an ounce of gold in Shanghai cost $2,007, about 6% higher than the price in London or New York

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EUR Plunges Below $1.0580

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🇪🇺 🇪🇺 EUR/USD has hit a 6-month low under 1.0560

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China Intervening To Push Up Yuan

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🇨🇳 🇨🇳 China state banks intervening to sell USD/CNY

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USDMYR Breaks Above RM4.70

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🇲🇾 🇲🇾 BREAKING: USDMYR TRADES ABOVE RM4.70

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Goldman Turns Bearish On GBP

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🇬🇧 🇬🇧 Goldman Sachs have lowered their forecasts for GBP/USD, have a “tactically bearish view”

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Japan: A Snap Election?

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🇯🇵 🇯🇵 There is rising speculation that Japanese Prime Minister Kishida may call a snap election

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Get Ready For Weaker Credit Conditions

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🚨 🚨 US bank economists expect credit conditions to weaken over the next six months

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BOJ Minutes: The Truth Surfaces

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🇯🇵 🇯🇵 BOJ Minutes: Members agreed the BOJ must maintain current monetary easing to stably, sustainably hit price target

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Banks Downgrade China Growth

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🇨🇳 🇨🇳 China: HSBC Holdings Plc, Morgan Stanley and Citigroup Inc. are already predicting growth of under 5% this year, with HSBC cutting its forecast this week to 4.9% from 5.3%

Investment: Bespoke And Focused. Watch Videos:

bit.ly/3Os0cqe (Part 1)

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