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Forex News
Forex News

China to expand scheme allowing insurers to invest in stock market

Posted onMay 7, 2025
Forex News
Forex News

Alumis Inc. sees $202,300 stock purchase by Foresite Capital

Posted onMay 7, 2025
Forex Short News
Central Banks, Forex Short News

People’s Bank of China to cut Standing Lending Facility rate by 10bp

Posted onMay 7, 2025

People’s Bank of China to cut Standing Lending Facility rate by 10bp from May 8 The RRR cut referred to earlier will be cut from …

Forex Short News
Forex Short News

China promises more local stock market support from sovereign fund

Posted onMay 7, 2025

China Securities Regulatory Commission (CSRC) head: To support Central Huijin to bolster markets. Central Huijin, PBOC acting as quasi-stabilization fund. China will roll out reform …

Forex Short News
Forex Short News

China will help A-share listed companies affected by tariffs to cope with difficulties

Posted onMay 7, 2025

China securities regulator head: Says US tariffs will have bigger impact on A-share listed companies with bigger share of exports to US Will help a-share …

Forex Short News
Central Banks, Forex Short News

PBOC governor says will lower interest rates on structural policy tools by 25 bps

Posted onMay 7, 2025

More from People’s Bank of China Governor Pan: will lower interest rates on structural policy tools by 25 bps will guide banks in reducing deposit …

Forex Short News
Central Banks, Forex Short News

People’s Bank of China sets 7-day reverse repo rate at 1.4% (from 1.5% previously)

Posted onMay 7, 2025

People’s Bank of China Governor Pan announced this cut, and others, earlier: PBOC Governor Pan says world is full of uncertainties – cuts rates PBOC …

Forex Short News
Forex Short News

Trump expected to announce the US will refer to the Persian Gulf as the “Arabian Gulf”

Posted onMay 7, 2025

Trump is expected to announce during his upcoming visit to Saudi Arabia that the United States will begin referring to the Persian Gulf as the …

Forex Short News
Central Banks, Forex Short News

PBOC rate cuts: 7-day RR to 1.4% (from 1.5%), LPR 10bp cut also, RRR 50 bp cut

Posted onMay 7, 2025

The cut announcement from PBOC Governor Pan have lent a bid to the China proxy trade, AUD/USD above 0.6510, for example. This article was written …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.2005 (vs. estimate at 7.2124)

Posted onMay 7, 2025

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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