EBC Financial Group (UK) Ltd CEO David Barrett explores factors driving major investors to Chinese markets, offering his outlook on future growth.
Spot AUDUSD remains at risk with looming China trade balance data due for release during Thursday's trading session.
Crude oil prices weakened as tropical storm Barry weakened. They may fall further if EIA data tracking US drilling productivity stokes oversupply fears.
Crude oil prices jumped to a 6-month high and financial markets turned broadly defensive amid reports that the US will end Iran oil import waivers next month.
The Australian, Canadian and New Zealand Dollars fell as downbeat RBA meeting minutes fed global slowdown fears. US-China trade talks are now in focus.
The US Dollar may rise, finding support in haven demand as data from the University of Michigan shows consumers mood darkened in January.