Hezekiah

The December 2024 US employment situation report crowned last week’s busy economic data slate. Non-farm payrolls surprised to the upside, with the economy adding 256,000 new jobs from November’s downwardly revised reading of 212,000. December’s print comfortably surpassed the market’s median expecta

The People's Bank of China (PBOC) announced on Friday that it has halted treasury bond purchases temporarily due to short supply of the bonds. The Chinese central bank’s declaration comes after repeated warnings of bubble risks in country’s red-hot bond market. Market reaction The Chinese Yuan has c

USD/CAD softens to around 1.4380 in Thursday’s early Asian session. Fed Minutes signalled a cautious approach to rate cuts. Justin Trudeau’s resignation and a rise in crude oil prices support the Loonie. The USD/CAD pair weakens to near 1.4380 during the early Asian session on Thursday. The resignat

Key highlights EUR/USD started a fresh decline below the 1.0350 level. A key bearish trend line is forming with resistance at 1.0400 on the 4-hour chart. EUR/USD technical analysis Looking at the 4-hour chart, the pair settled below the 1.0350 level, the 100 simple moving average (red, 4-hour), and

As 2025 dawns, Asia's financial theatres awaken to a potentially turbulent first full New Year trading week, shadowed by significant economic dramas. Eyes are fixed on China, as the yuan's decline past critical levels and plummeting bond yields hint that the dragon economy faces severe distress. Mea