China on track to meet its growth target - Asian Development Bank

The Asian Development Bank report says China is on track to meet its projected growth of 6.5% in 2016 and 6.3% in 2017, and the government will continue to use fiscal and monetary stimulus measures.

The report also says the growth in Asia remains steady despite weak global prospects and Brexit.

EUR/USD – stuck at 50% Fibo hurdle in Asia

EUR/USD is attempting gains in Asia, but is having a tough time taking out 1.1066 (50% retracement of 1.0517-1.1616) levels following Friday’s sharp l
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CFTC: USD longs added, EUR shorts increased – ANZ

Irene Cheung, Senior Strategist at ANZ, lists down the CFTC positioning data for the week ending 12 July 2016. Key Quotes  “Leveraged funds increase
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