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27 Jan 2025

China announces new measures to promote equity index investments

On Sunday, China announced new measures to boost the development of index investment products, its latest effort to revive the ailing equity market, per Bloomberg.

The China Securities Regulatory Commission (CSRC) stated that the government aims to achieve a significant increase in the scale and proportion of index investment in the capital market through efforts over a period of time.  

Market reaction 

At the press time, the AUD/USD pair is down 0.13% on the day to trade at 0.6303.

Jan 24, 2025

NZD/USD Price Analysis: Pair extends gains and settled around 0.5705, momentum builds

The NZD/USD pair continued its upward trajectory on Friday, rising by 0.44% to settle at 0.5705 and mantains its footing above its 20-day Simple Moving Average (SMA).
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Jan 27, 2025

AUD/USD attracts some sellers to near 0.6300 ahead of Chinese PMI release

The AUD/USD pair weakens to near 0.6300, snapping the three-day winning streak during the early Asian session on Monday.
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