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14 Aug 2017

NBS: China July crude output down 2.9% y/y to 16.25m tons

According to China’s National Bureau of Statistics (NBS), China’s crude output dropped 2.9% Y/Y to 16.25m tonnes in July.

Aug 14, 2017

EUR/USD - Risk Reversal points to bull trap

Following two consecutive Doji like candles with long lower shadows, the EUR/USD pair rallied to a high of 1.1848 on Friday. The gains were fuelled by
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Aug 14, 2017

China power output jumped to 3-year high in July

China power output gauge, which is often considered as a more reliable indicator of the factory activity increased 8.6% y/y in July. It is the highest
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