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Forex Short News
Forex Short News

China data: January – February Industrial profits -0.3% y/y (prior -3.3%)

Posted onMarch 27, 2025

China data: January – February Industrial profits -0.3% y/y (prior -3.3%) A fall in profits (a three-year trend) and tariffs ramping higher is not good …

Forex Short News
Forex Short News

Goldman Sachs sees further upside for China stocks, but warns of near-term headwinds

Posted onMarch 27, 2025

Goldman Sachs is maintaining a constructive view on Chinese equities, citing “more fundamental upside” ahead, but cautions that the recent rally may soon lose momentum. …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1763 (vs. estimate at 7.2728)

Posted onMarch 27, 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). …

Forex Short News
Forex Short News

China’s major banks are speeding up (bad) property loan write-offs

Posted onMarch 27, 2025

I posted earlier on moves in China to dump bad property-related loans: China sets record in bad asset disposals, shifts focus to housing market More …

Forex Short News
Forex Short News

ICYMI – China’s life insurers could unleash powerful new gold demand

Posted onMarch 27, 2025

TD Securities notes that the Shanghai Gold Exchange has admitted four major Chinese life insurance companies as members under a new pilot program, potentially paving …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2728 – Reuters estimate

Posted onMarch 27, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Forex Short News

Tokyo Exchange transport index stocks slammed lower after Trump’s new added 25% tariff

Posted onMarch 27, 2025

Trump’s added 25% tariff announcement earlier: Trump slaps a 25% tariff on all cars not made in the USA The USD has risen after Trump’s …

Forex Short News
Forex Short News

ICYMI – Dallas Fed Energy Survey uncertainty index highest in five years

Posted onMarch 27, 2025

The Dallas Fed Energy Survey is a quarterly survey conducted by the Federal Reserve Bank of Dallas that provides insights into the oil and gas …

Forex News
Forex News

Barclays Bank PLC Updates Announcement of 3 Cash Tender Offers and Consent Solicitations

Posted onMarch 27, 2025
Forex News
Forex News

US consumer agency seeks to vacate discrimination case it had already won

Posted onMarch 27, 2025

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