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The so-called CNH spot opened at 6.5725 per dollar, but slipped to 6.6125. It was the lowest level since September, 2011. read more >>> Source : EconomicTimes.IndiaTimes.Com

SHANGHAI, Jan 4 (Reuters) – China stocks slumped more than 3 percent on the first day of trading in 2016 after weak factory activity surveys soured hopes that the world’s second-largest economy will enter the new year on better footing. read more >>> Source : Reuters

By Trevor Hunnicutt (Reuters) – Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock Inc said on Sunday, setting a new record for the industry. BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual […]

TOKYO, Jan 4 (Reuters) – The dollar fell to a 10-week low against the yen on Monday as sliding equities and rising tension in the Middle East added bids to the safe-haven Japanese currency. read more >>> Source : Reuters

I’m not very good at New Year’s resolutions. It’s never made sense to me to pick an arbitrary date and pretend I’m going to start doing something — or everything — differently from that point on. Any gym owner can tell you how the weight room and spin classes swell each January, only to return […]

Asian markets start the first week of the new year on a cautious note with mixed trading in the region after the holidays. read more >>> Source : BBC

Tokyo – Japanese manufacturing activity expanded in December at the same pace as the previous month as new orders grew at a faster rate in a sign the economy maintained momentum at the end of 2015, a revised survey showed on Monday. The Markit/Nikkei Final Japan Manufacturing Purchasing Managers’ Index (PMI) was a seasonally adjusted […]

South Korean automaker Hyundai Motor and its affiliate Kia Motors miss their sales target in 2015 for the first time since the financial crisis. read more >>> Source : BBC

* Major currencies mostly flat but Swiss franc slightly higher read more >>> Source : Reuters

The contrarian American taking on the big banks read more >>> Source : BBC

EURUSD: With a reversal of almost all of its previous week seen the past week, EURUSD bear pressure builds up on 1.0795 level. On the down, support is located at the 1.0795 level and if violated, expect more weakness to happen towards the 1.0750 level. Further down, support lies at the 1.0700 level where a […]

2016 is here: there’s no time for hangovers and markets are in full swing. Here are the top 3 trades of the year from SocGen: Here is their view, courtesy of eFXnews: “My top 3 G10FX trades in 2016: The first is short GBP/JPY, on valuation and Brexit risks though Monday will be more about […]

SAN FRANCISCO (Reuters) – The Federal Reserve’s interest rate hike last month was a prudent first step to a more normal policy era and it signaled the central bank’s confidence that the U.S. economy will continue to improve, a top Fed official said on Sunday. “I fully supported the … December action,” said Cleveland Fed […]

Jan 3 (Reuters) – Residents of flooded areas in far southern Illinois anxiously waited for the swollen Mississippi River to peak on Sunday, with hundreds electing to remain in their homes, as states downstream prepared for the rising waters. read more >>> Source : Reuters

* China-based banker says “easy-money” arbitrage days now gone read more >>> Source : Reuters

It’s 2016. And the year is off to a busy start. In the US, the economic calendar is stacked with the releases of monthly manufacturing and labor market data. One of the big economic stories continues to be the weakness of the US manufacturing sector, as slowing global growth and the strong US dollar has […]