- MarketPulse - https://www.marketpulse.com -

Meet the New Chinese Leadership

China announced its new leadership lineup on Wednesday with President Xi Jinping still at the helm of the Chinese Communist Party. Although it’s a team in name, the Chinese president is now more powerful than he’s ever been — especially as there’s no clear successor to Xi in the new lineup.In the wake of the last week’s Communist Party congress, Xi now stands as China’s most powerful leader in years. And he’s expected to use that authority to steer the country into a position of global leadership on its own terms.”As the world’s largest political party, the [Communist Party of China] must behave in a way commensurate with this status,” Xi said through a translator on Wednesday after the new leadership was announced.

Source: Chinese Communist Party Meet Politburo Standing Committee members [1]

The Aussie Dollar Plummets [2]

There is a lot to digest [3]


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])