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Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s sluggish economic recovery.
China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
AUDUSD breaking above 0.65712 may send bullish signal
Two potential targets identified
If 0.65201 support is broken, bullish scenario becomes invalid
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s s...
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...
AUDUSD breaking above 0.65712 may send bullish signal
Two potential targets identified
If 0.65201 support is broken, bullish ...
AUDUSD
Aussie
CPI
inflation
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