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About: luna

Recent Posts by luna

According to Chris Turner from ING, the renminbi is benefiting from exporter flows and potential portfolio inflows

USD/CNH declines as China possibly supports renminbi appreciation amid shifting economic strategy and portfolio inflows.

ING’s commodity experts observed that European natural gas prices dropped to eight-month lows due to mild weather

European gas prices fall amid mild weather and rising US LNG exports, despite declining regional storage levels.

After a weak GDP report, the Australian Dollar recovered due to robust consumption and private demand

Australian Dollar rebounds as private investment and household consumption drive recovery despite weak GDP figures.

In November, CPI inflation in China is expected to rise, with modest PMI improvements and steady production activity

China’s manufacturing PMI slightly improved in November; exports surged, but domestic demand and investment remained weak.

As hedging costs decreased, demand for the euro rose, enhancing EUR/USD in Asia

EUR/USD climbed as lower hedging costs and improved eurozone trade boosted demand for the common currency.

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