Alpari - Analytics

Alpari

784.25 6.25/10
72% of positive reviews
Real

China’s efforts to stem capital outflows are starting to pay off (news: 24/01/17)

Today's press

  • President Donald Trump is showing that he is not forgetting the blue-collar voters who sent him to the White House, making clear during an energetic first full weekday in office that his administration will be devoted to US workers.

  • Asian stocks were mixed again on Tuesday while the US Dollar remained heavy. Once again, the backdrop was one of uncertainty over President Trump’s economic policies, with the foreground spiced by his withdrawal of the US from the Trans Pacific Partnership trade deal.

  • For the first time since the yuan’s devaluation in August 2015, Chinese banks last month registered net inflows under the capital account, according to cross-border payments figures released last Thursday by the currency regulator. The yuan, which plunged last year by the most in two decades, is now heading for its biggest monthly advance against the dollar since March.

Next trading day's important events

Forex quotes:

  • USDJPY: 113.28
  • EURUSD: 1.0749

Indices:

  • S&P 500: 2265.2
  • NASDAQ : 5552.94

 


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree