Posts Tagged ‘chinese’

AUDUSD and NZDUSD Technicals: 12/1

by Christopher Lemieuxon December 1, 2013 5:57 pm BST
The Australian dollar s trying to find a bottom near .9060 before trade back above .9100. Technically, and fundamentally, the Australian dollar is still weak. Last week’s data was mixed. HIA new home sales MoM came in at -3.8 percent versus the previous reading of 6.8 percent. Private sector credit remained stable at .3 percent, […]

Copper and Crude Get a Boost on Chinese Growth

by Christopher Lemieuxon October 20, 2013 7:30 am BST
Copper prices rose after Chinese demand outlooks increased due to strong economic data. The Chinese GDP figure for the three-months ending on September 30 showed growth expanding 7.8 percent. The bronze metal also got a boost from expectations of prolonged US monetary easing after the 16-day government shutdown. The Federal Reserve is not likely to […]

Ivanhoe Energy sells China block to MIE for $45m

by on November 21, 2012 3:52 pm BST
Hong Kong-listed MIE, which holds assets in China, the United States and Kazakhstan, will gain 100% of the foreign contractor's rights at Petrochina’s Dagang production sharing contract in Hebei province, eastern China under the deal.The block held 2.5 million barrels of proven and probable reserves as of 31 December 2011, according

GLOBAL MARKETS-Euro slips, shares stabilise as Greek deal proves elusive

by on November 21, 2012 12:35 pm BST
Wed Nov 21, 2012 7:35am EST * Lack of a Greek aid payment sends euro down 0.1 pct * European shares pare losses on hopes a Greek deal will emerge* Yen hits 7-month low vs dollar as economy weakens* Brent oil jumps $1/brl on clashes between Gaza and IsraelBy Richard HubbardLONDON, Nov