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Asia Was Broadly Higher Ahead Of Deng Xiaoping anniversary Asian equities were broadly higher in Monday trading. As traders eye an anticipated speech from Chinese President Xi Jinping ahead of the Deng Xiaoping anniversary. The anniversary marks 40 years since reforms...
With the hedge funds decisively short, it’s going to take some major news to trigger a breakout to the upside. However, after two weeks of consolidation. We could say there is a buyer in the market, defending prices against a major sell-off. That being said, we could...
Earlier in the Day: Economic data released through the Asian session this morning was on the heavier side. With key stats released including November’s Business PMI out of New Zealand. 4th quarter Tankan numbers out of Japan ahead of finalized October industrial...