The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
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SMIC says demand still outpacing supply, rush orders set to ease The head of Semiconductor Manufacturing International Corporation (SMIC) said current demand for its products …
Japanese trade envoy Ryosei Akazawa said the U.S. has agreed to correct a presidential order on tariffs and refund any excess duties collected in error. …
All 40 economists in a Reuters poll expect the Reserve Bank of Australia to lower its cash rate by 25 basis points to 3.60% at …
The Bank of Japan’s July meeting summary (post is here) revealed a wide range of views among policymakers on the timing and pace of further …
Bank of Japan July meeting ‘Summary of Opinions’. At this meeting the Bank left its short term rate unchanged at 0.5%, as expected. Headlines via …
Japan data – June Household Spending +1.3% y/y expected +2.6%, prior +4.7% -5.2% m/m expected -3.0%, prior +4.6% Still to come from Japan today is …
S&P Global sees tariffs slowing 2025 oil demand growth Despite avoiding a major global recession, higher tariffs are expected to slow world oil demand sharply …