Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
1 December 2022 | Other

China softens its tone on COVID

USDCNY

China is weakening its position on the coronavirus and easing some restrictions. This comes despite a record high number of new cases of infection.

Certain cities in China continue to report an increase in the number of COVID-19 infected. Despite this, the isolation of some areas has been lifted, and the work of enterprises has been resumed again.

In response to comments published in the official media, Chinese Vice Premier Sun Chunlan said that China is facing new challenges in preventing and combating the pandemic. She also added that the Omicron strain of the virus is gradually weakening, while an increasing number of people are being vaccinated, accumulating immunity against COVID.

Company MarketCheese

Recommended

United States. CFTC Aluminium speculative net positions. The value of the indicator has decreased from -0.9K to -1.1K
16 October
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 69.4K to 68.5K
16 October
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 99.1K to 100.3K
16 October
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -98.6K to -117.3K
16 October
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -97.6K to -107K
16 October
Top news
European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
16 October
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
16 October
United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
15 October
United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
14 October
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
All news

Forecasts

GBPUSD buy
Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
Indicators and reports FA Other Chart analysis Hot news
16 October 2026 44
Sinclair_John
AUDCAD sell
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
FA Other Chart analysis
16 October 2026 41
McCarthy_Raymond
Brent buy
Period: 16.11.2026 Expectation: 280 pips
Buy Brent crude with $106.15 in view
Indicators and reports FA Other Chart analysis Hot news
16 October 2026 25
Reed_Marcus
AUDUSD sell
Period: 31.10.2026 Expectation: 500 pips
Go short on AUDUSD due to anemic labor market in Australia
FA Other TA Other
15 October 2026 65
McCarthy_Raymond
USDJPY sell
Period: 15.11.2026 Expectation: 6000 pips
USDJPY sell-off targets 152.00
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 97
Reed_Marcus
ETHUSD sell
Period: 15.11.2026 Expectation: 265 pips
Sell ETHUSD upon breaking $2,350 support
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 67
Sinclair_John
Go to forecasts