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Recent Posts by davin

Sterling dips slightly, yet stays above 1.3400, as investors await US-Israel-Iran war developments, supporting dollar demand

GBP/USD slips but holds 1.3400 as Middle East tensions lift dollar, oil, yields; UK rates support.

February’s China trade balance in USD surpassed forecasts, reaching $213.62B versus the expected $179.6B

China’s February trade balance reached $213.62bn, exceeding forecasts of $179.6bn, signalling a bigger-than-expected surplus.

In February, China’s year-on-year imports rose 19.8%, vastly exceeding the 6.3% forecast

China’s February imports jumped 19.8% year-on-year, far exceeding expectations of 6.3%, signalling stronger-than-forecast demand.

China’s central bank fixed USD/CNY at 6.8982, down from 6.9158, versus Reuters estimate 6.8891

PBOC set Tuesday USD/CNY fix at 6.8982 versus 6.9158, highlighting tools, governance, reforms, and private banks.

In February, NAB reported Australia’s business conditions stayed steady, holding at an index reading of 7

NAB’s February business survey found conditions steady at 7, reporting confidence, trading, profitability and employment metrics.

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