News
Market Data
Tradition Continues to Outperform Competitors in April 2024
By Lexa
13 May 2024
Energy & Commodities
Oil Price Commentary: Insights into Recent Trends and Drivers
By Francesca Marrone
24 Apr 2024
Tradition Excels in Risk.net’s 2024 Energy Commodity Rankings, with 8 wins including “Best Overall Commodities Broker”
By TraditionData
Business update
TraditionData Strengthens Netherlands Footprint Through Partnership with NIBC
22 Apr 2024
Product notification
25 new USD SOFR Butterfly Spreads added to package
By Ian Sams
13 Feb 2023
With consumer and producers’ prices failing together of the first time since 2020, China is now fighting the threat of deflation. The official Consumer Price Index (CPI) fell 0.3% last month from the same period last year, in what are worrying signs for the world’s second-largest economy.
While the worlds major economies have been battling inflation since the reopening of their respective markets due to the Covid-19 Pandemic, China has been battling the opposite with increasing local government debt, youth unemployment and challenges in the house marketing.
“As you can see from our data, since the reopening of its economy the Chinese yuan Spot Rate (CNY=TDS) has slowly crept towards 7.3 and although doubts grow about the strength of its ability to recover, there is hope that a weaker CNY currency can help China’s export performance.” Saracen Fletcher, Product Specialist – APAC.
March 2024: Tradition Sets the Standard, Outperforming Competitors in Q1
8 Apr 2024