Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2024-01-29T04:42:34.000Z

AUD/USD flows: Well Supported

byCephas Kin Long Yung

FX Analyst
-

China plans to incorporate 3 of its big managers of bad debts into sovereign wealth fund

China property developer Evergrande faces imminent liquidation

China tightens short selling restrictions 

While the key headline over the weekend is no doubt an escalation of geopolitical tension, we also have multiple headlines crossing the wires for the Chinese financial sector. China plans to incorporate 3 of its big managers (Cinda, Orient, Great Wall) of bad debts into sovereign wealth fund, China Investment Corp. They also tightens short selling restrictions. The Hong Kong Court ordered Evergrande's imminent liquidation after months of dragging on. At the end of the day, regional equities are in the green and see the Aussie being supported.

The AUD/USD is trading 0.27% higher at 0.6594 as commodity prices are solid on geopolitical tension.

Continue to read the article for free
Login

or

or

Topics
FX DM
AUD/USD-Commentary
Foreign Exchange
Flows

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image