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). …
Category: Forex Short News
Israel-Hamas ceasefire has collapsed according to reports. A statement from the Israeli Prime Minister’s office says that Israel resumes military operations against Hamas in Gaza …
BYD has unveiled a new battery and charging system that significantly reduces charging times for electric vehicles, bringing them closer to the convenience of refueling …
Tesla raised the price for Long Range All-Wheel variant of the refreshed Model Y in China to 313,500 yuan. Also, TSLA has extended its 8000 …
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 …
Goldman Sachs have highlighted growing optimism among offshore investors regarding the sustainability of China’s consumer recovery. Investors cite: policy stimuli changes in consumption patterns GS …
HSBC Global Private Banking on China: sees China’s policy shift toward technological innovation, consumption growth, and private sector support—endorsed by the National People’s Congress (NPC)—as …
Reserve Bank of Australia Assistant Governor (Economic) Sarah Hunter spoke at an event in Sydney. Full text: Monetary Policy: Forward Looking and Data Dependent in …
Trump has been busy tweeting (using his own social app) this afternoon/evening: Trump says looking forward to call with Putin – “much remains” until final …
In brief from the analysts at Deutsche Bank: On our methodology, there have now been 60 corrections from this point including this current one. when …