For the past few weeks, things were calm in the Chinese economy, with only a few economic releases. However, this week, we will be waiting for new clues on where the economy is standing. Moreover, there were some notable moves in equities and the Chinese Yuan, which keep us questioning whether this move will continue or it's another short-term ...

2017-08-07 Nour Eldeen Al-Hammoury Read more
China

For the past few years, if you were following the business news bulletins anywhere in the world, you should have noticed that many were warning of the situation in China. The headline is almost the same everywhere “China’s slowing down”. In many occasions, many were blaming China, demanding for broader reforms. However, maybe they forgot somet...

2017-07-17 Nour Eldeen Al-Hammoury Read more
China_USDCNH_0805

Earlier this morning and during the first trading session of this week, some economic figures were released from China, which had a significant impact on the markets, along with the impact of the French election outcomes. The Chinese figures today can be considered positive. However, the Chinese equities closed lower, losing nearly 1%. Trade...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Bank of China_Chinese data

After the ECB decision and the US economic releases during yesterday’s trading, which had a notable impact on the markets. Another set of economic figures were released from China, which also led to another wave of volatility until this report is released. In today’s article, we will take a look at the Chinese figures, explain the impact and wha...

2017-01-20 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

A new week with lack of fundamentals from Europe and the US. Yet, the market volatility increased ahead of the President Elect Donald Trump press conference later this week. However, the US Dollar lost some of its Friday’s gains, which seems to be a short term play ahead of the press conference. In Asia today, some economic figures were released...

2017-01-10 Nour Eldeen Al-Hammoury Read more
chinese data_November 2016

In today’s article, we will take a look at the outcomes of the Chinese Data in addition to a look at the UK inflation data, what does it mean for both central banks (PBoC & BOE) and the effect on the Chinese Yuan and the British Pound of the short term. Positive Chinese Data Contrary to the market expectations, the Chinese data came in ...

2016-12-13 Nour Eldeen Al-Hammoury Read more
Chinese Yuan_0112

During the Asian session today, there were a collection of economic releases from China, which had a notable impact on the markets. This is aside from the impact of the historical decision by OPEC and Non-OPEC members to cut the oil production for the first time since 2007, leading to a sharp rally in Crude Oil prices by more than 8% in few hour...

2016-12-01 Nour Eldeen Al-Hammoury Read more
China's economy Great Hall

The Chinese Trade Balance was released during the early morning hours today, showing some mixed data. However, the impact has been muted as it’s the election day in the US; therefore, today’s economic releases are more likely to be overshadowed by the election developments. Definitions Trade Balance: This figure calculates the difference...

2016-11-08 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

Earlier today, a collection of economic figures was released from China, which came in line with expectations, leading to a slight impact on the markets. This effect was seen in equities, commodities, and the Fx market. What are those figures and what implications do they have on the PBoC and the global economy? Definitions GDP: Change i...

2016-10-19 Nour Eldeen Al-Hammoury Read more
Yuan

It was only less than a decade ago that China overtook Japan in 2005 to become the world's second-largest economy. Powered by a population of over 1.3 billion, as a hitherto closed economy, China powered ahead after it undertook a series of economic reforms, growing at a rate of over 10% in over a decade. China emerged as a strong economy largel...

2016-02-09 John Benjamin Read more