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China’s bank lending increased less than expected in November despite efforts of the central bank to prop up credit and support economic growth, official data revealed Monday. Banks extended CNY 1.21 trillion in new yuan loans in November, figures from DotBig.com the People’s Bank of China showed. It’s a busy week for market players everywhere as we price in FOUR central bank decisions and a few key inflation and labor market reports. The impact that a significant news story can have upon the markets is huge.
Week Ahead in FX (Dec. 12 – : FOUR Central Bank Decisions In Focus
For example, if a central bank hints that rate cuts may be coming, but the currency still rises, there could be other factors in addition to the prospect of interest rate changes. If the currency does not drop on an expectation of a fall in interest Forex rates, then positive sentiment is strong, and this could possibly indicate that it is now a buyer’s market. Some brokers offer automated news trading signals that can help a trader to make decisions on whether to enter, exit or avoid a trade.
If you have any experience at all in the financial markets, then you know that there are an abundance of https://cryptonews.com/news/online-trading-with-dotbig-broker.htm services available online. Many offer complimentary updates and sensational headlines, while others are subscription-based. Depending upon your individual needs, many of these options may be viable alternatives. There is normally a consensus amongst leading economists about what level an economic announcement is likely to come in at. Changes to non-farm payrolls, GDP or inflation data will have a resulting effect on the market.
ECONOMIC INDICATOR
The CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage. A live account will give you access to Morningstar equity research reports and Reuters news headlines, which provide a wealth of information for all asset classes.. By Yoruk Bahceli – Central banks are starting to slow aggressive rate rises but are far from done even as https://www.investopedia.com/articles/forex/11/why-trade-forex.asp recession looms, leaving investors alert to risks that prolonged tightening could hurt the economy more than necessary. – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. By Marc Frank and Nelson Acosta HAVANA – Crisis-hit Cuba on Monday forecast economic growth of 3% for 2023 and reported 2% in 2022, half of what it had previously predicted and down 8% from the pre-pandemic level.
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We’re seeing downbeat data from Australia and China, but can risk-taking continue to prop AUD/CHF higher? Find https://cryptonews.com/news/online-trading-with-dotbig-broker.htm the approximate amount of currency units to buy or sell so you can control your maximum risk per position.