.

Re: China, China, China!

#11
navid110 wrote:
Tue May 14, 2019 12:10 am
China to impose tariffs on $60 billion of U.S. goods

HONG KONG (Reuters) - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday.

https://www.investing.com/news/economy- ... ds-1866068


ps: Since the release (past hour) (Risk aversion)
JPY :thumbup:
CHF :thumbup:
Crude :thumbup:
XAU/XAG :thumbup:
Haha thanks Nav! :!:
11-year downtrend continues. Myfxbook live results (using Mrtools' indicators).
Need custom MT4 coding? Send a PM to Mrtools or post here for a quote!


Re: China, China, China!

#12
navid110 wrote:
Tue May 14, 2019 12:10 am
China to impose tariffs on $60 billion of U.S. goods

HONG KONG (Reuters) - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday.

https://www.investing.com/news/economy- ... ds-1866068


ps: Since the release (past hour) (Risk aversion)
JPY :thumbup:
CHF :thumbup:
Crude :thumbup:
XAU/XAG :thumbup:
I dont know why I put the Crude under "Risk Aversion" category !!. Its reversal guys. Sorry for misleading

Breaking: China announces new tariffs on $75 billion worth of US goods, USD/JPY drops sharply

#13
Breaking: China announces new tariffs on $75 billion worth of US goods, USD/JPY drops sharply

USDJPY-23-August-2019-Drops-From-China-News.png

Confirming Global Times' earlier reports, China has recently announced that it is planning to raise import tariffs on some US imports, per Reuters.

"New tariff rates will apply to about $75 billion worth of US goods," China stated. "New tariff rates imposed on some US goods will be ranging from 5% to 10% and will take effect on September 1 and December 15."

With the initial reaction to this announcement, the USD/JPY erased its daily gains and was last seen trading at 106.42. Meanwhile, the US Dollar Index is still up 0.13% on the day at 98.33.

Sources: https://forex-station.com (Chart) & https://www.fxstreet.com/news/breaking- ... streetnews (Article)
Download over 500+ Forex & Trading books from Forex-Station's (member's only) Trader's Library.

Re: China, China, China!

#14
Singapore has lowered its leverage cap by more than half. This means forex traders in the country will now have access to leverage of 1:20, as opposed to 1:50 as it was before the changes.

The decision was made by the Monetary Authority of Singapore, however, as with regulatory changes put forward by the European Securities and Markets Authority there are certain loopholes which allow for a more generous leverage under strict conditions.

Аccredited investors in Singapore will have access to the original leverage, however, as in Europe, this would mean meeting strict capital requirements.

Among the requirements is a personal net worth of more than 2 million Singaporean dollars ($1.5 million) or proof of an annual income of more than 300,000 Singaporean dollars. Traders with more than 1 million Singaporean dollars in cash may also qualify for the higher leverage.

Re: China, China, China!

#15
mlawson71 wrote:
Fri Oct 11, 2019 2:44 am
Singapore has lowered its leverage cap by more than half. This means forex traders in the country will now have access to leverage of 1:20, as opposed to 1:50 as it was before the changes.

The decision was made by the Monetary Authority of Singapore, however, as with regulatory changes put forward by the European Securities and Markets Authority there are certain loopholes which allow for a more generous leverage under strict conditions.

Аccredited investors in Singapore will have access to the original leverage, however, as in Europe, this would mean meeting strict capital requirements.

Among the requirements is a personal net worth of more than 2 million Singaporean dollars ($1.5 million) or proof of an annual income of more than 300,000 Singaporean dollars. Traders with more than 1 million Singaporean dollars in cash may also qualify for the higher leverage.
Shit, here we go.

Let's see if other countries start doing the same too :thumbdown:
11-year downtrend continues. Myfxbook live results (using Mrtools' indicators).
Need custom MT4 coding? Send a PM to Mrtools or post here for a quote!




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