FIS API Blog
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 …
Continue reading “China’s Industrial Economy Improves While Consumers Remain Wary”
Aussie Pressured by Fed’s Push Back and China Beef Ban The Australian dollar briefly rose above its 100-day moving average again this week in what appears to be a false break after Federal Reserve officials pushed back on the notion of negative U.S. rates. The currency had been stuck below the rolling gauge since January …
Continue reading “Aussie Pressured by Fed’s Push Back and China Beef Ban”
Recovery Quickens as PBOC Vows Support Chinese industrial commodities began the week on the front foot after the central bank pledged more powerful policies to combat the coronavirus’s hammer blow to growth. The evidence of the past few days, from shrinking crude and metals stockpiles, to the rebound in car sales and usage, suggest that …
