China’s Industrial Economy Improves While Consumers Remain Wary

China’s industrial output increased in April for the first time since the coronavirus outbreak, adding to early signs of a recovery that economists cautioned would be slow and challenging. Industrial output rose 3.9% from a year earlier, reversing a drop of 1.1% in March, data showed Friday. Fixed-asset investment decreased 10.3% in the first four …

FIS Technical – Nickel Rolling 3 Month

FIS Technical – Nickel Rolling 3 Month The rolling futures are now above the 8-21 period EMA’s and the 55 period MA indicating the near-term technical continues to firm. However the upside move at this point is within the last bear wave down meaning it is considered as a countertrend move. To view the full …