News | Forex Optimum

News

News

China's air passenger numbers down 45% year-on-year over Lunar New Year

Reuters reports that Civil Aviation Administration of China (CAAC) said that China’s air passenger traffic fell 45.16% year-on-year over Lunar New Year, though signs of a quick recovery are emerging due to the country’s success in curbing domestic transmission of the COVID-19 virus.

Passenger numbers stood at 3.57 million over the 7-day holiday period, the CAAC said, adding that average load factor, a measure of seats filled, stood at 57.51%.

However, signs of a pick-up are emerging.

CAAC data showed the number of international cargo flights during the 7-day period surged 212.48% year-on-year.

Data from the brokerage Jefferies also showed domestic seat capacity, which during the week of February 8 plunged to the lowest level since February last year, is slated to increase 65.5% this week, compared with the previous week.

You may also be interested:

14:38 22.09.2021
Gold needs to close above $1834 to extend its recovery - Commerzbank
FXStreet reports that Gold (XAU/USD) has recovered from support at $1750/43 and Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, suggests the yellow metal looks set to range further.“Gold has sold off to $1750, the 29th June low, it traded below there but most importantly did not close below here and the market is attempting to recover.”“We have extensive resistance from $1795 to $1834 (55, 200-day moving averages and highs since July) and we look for rallies to struggle
14:16 22.09.2021
U.S. weekly mortgage applications jump 4.9 percent
The Mortgage Bankers Association (MBA) reported on Wednesday the mortgage application volume in the U.S. surged 4.9 percent in the week ended September 17, following a 0.3 percent gain in the previous week.According to the report, applications to purchase a home rose 2.2 percent, while refinance applications climbed 6.5 percent. Meanwhile, the average fixed 30-year mortgage rate remained unchanged at 3.03. “There was a resurgence in mortgage applications the week after
13:56 22.09.2021
GBP/USD faces solid support at 1.3600 - UOB
FXStreet reports that FX Strategists at UOB Group suggest that Cable risks a deeper pullback to the 1.3600-region in the next weeks.24-hour view: “GBP traded in a relatively quiet manner within a 1.3641/1.3692 range yesterday before closing largely unchanged at 1.3661 (+0.03%). Despite the quiet price actions, the underlying tone appears to have weakened and break of the 1.3640 support appears likely. Barring a surge in downward momentum, the August’s low near 1.3600 is unlikely to come into the
Deposit
options
Trading
platform
download
Bonuses VIP