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Chinese crude oil imports from Russia hit record highs in April - China customs Dhwani Mehta

09:23 23 May /2016 Forex

China customs published their latest oil price report, revealing that the Chinese crude imports from Russia hit record highs on daily basis in April.

Key Findings:

+52.4% yy at 1.18m bpd vs prev record 1.13m bpd in Dec

April crude oil imports from Iran down 5.13% yy at 671,176bpd

Imports from Saudi Arabia down 21.8% yy at 1.0m bpd

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Will AUD/USD rally if the unwinding of ‘Trump trade’ gathers pace?

US President Trump withdrew his health care bill after it failed to gain enough support to pass in Congress. This is seen as a huge blow to President Trump.Moreover, the vote was seen as a litmus test of President Trump’s legislative ability. Hence, experts fear the failure to get the health care bi

03:46 27 March /2017 Forex

A major setback for the Trump trade - ANZ Ross J Burland

Analysts at ANZ explained that the failure of Donald Trump’s replacement healthcare bill to make it through congress will be viewed by the market as a major setback for the ‘Trump trade’ (although market moves late on Friday were a little surprising). Key Quotes:"But perhaps a far m

03:46 27 March /2017 Forex