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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Data post only, I’ll have more detail in a separate post. Australia November 2025: Trade Balance +2,936mn expected +4900mn, prior +4,385mn Exports -2.9% m/m prior …
Summary: Finance ministry flags heightened FX volatility and readiness to act Officials argue won moves don’t reflect fundamentals Verbal intervention aims to deter one-way/speculative momentum …
Summary: PBOC rolls CNY 1.1tn via three-month outright reverse repos Structure uses fixed quantity, multi-price bidding Signals liquidity stability, not necessarily new net easing Supports …
Summary: Japan real wages fell 2.8% y/y in November Sharp drop in bonus payments weighed on incomes Nominal wage growth slowed to 0.5% y/y Inflation …
Data post only, I’ll be back with details separately. Real Cash Earnings -2.8% y/y expected -1.2%, prior -0.8% Overtime Pay +1.20% y/y expected +1.4%, prior …
Summary: Rubio to meet Danish officials next week over Greenland tensions Trump’s renewed interest in acquiring Greenland alarms allies U.S. military option not ruled out, …