JieXin

Banks must prevent traders sharing order information under a new global code of conduct that bans traditional slang usages and gives dealers more guidelines for what they can and cannot say about the world's biggest financial market. The 8-page document, seen by Reuters, is part of efforts to head off future abuses after two years of scandal over market manipulation. It was agreed this month by the foreign exchange market committees run by all of the developed world's major central banks. It will sit as a global guide on top of the existing codes approved by each committee and also instructs asset managers to work harder at ensuring they are getting the best deal they can on currency transactions for their clients. "FX market participants are advised to apply the global 'high-level principles' set out in this document to the FX market as it evolves, including with respect to new FX products, processes and technologies," the document, dated March 12...

These are weekly chart of Index, We can catch rebound when the blue signal disappear.

China's economic slowdown has pushed policy makers toward stimulus measures, spurring analyst concerns about whether long-sought reforms may fall by the wayside. "While structural reforms remain at the top of the policy agenda, the recent cyclical slowdown has made advancing them less urgent than was the case six months ago," Barclays said in a note Tuesday. "There is no clear indication of how fast this area may progress in the short term, except around combating corruption, where the government has highlighted it will do 'whatever it takes.'" China has been pursuing reforms to shift its economic model away from labor-intensive and export-oriented manufacturing, which has been dependent on continuous credit growth, and toward one more reliant on private consumption, services and the private sector. Chinese firms most upbeat in a year. Reforms have targeted a wide range of issues, including corruption, a troubled property sector, non-performing lo...

The long & short of candlestick stands for the strong & weak trend. The bull strength increases if the bullish candlestick is longer and longer and the bear strength increases if the bearish candlestick is longer and longer.

The oil price plunge has been touted as a global growth elixir, but so far the impact on the economy has been subtle and it's unclear when that will change. "Local fuel prices have almost fully adjusted to lower crude oil prices," Goldman Sachs said in a note last week after tracking data from 24 countries. But it expects the stimulus impact on the economy won't be straightforward, depending on whether low prices are perceived as likely to persist and government policy responses. "Income gains of households might not necessarily translate into significant spending rises," it said, adding that corporate gains would likely be reflected more slowly. For companies, "the price pass-through mechanism is quite complex, with oil windfalls spread out to dividends, wages, and retained earnings, not necessarily spilled over directly to consumers via lower retail prices," Goldman said. "The use of oil is also quite diverse, entailing transportation...