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). …
Author: admin
China’s imports of Canadian oil are set for a record October, exceeding 5 mn bbl so far. 70% of Vancouver shipments are heading to China …
Singapore’s exports rose 6.9% y/y in September, beating expectations for a 2.1% fall. Gains were led by electronics and shipments to China, Hong Kong and …
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 …
Standard Chartered says reserve managers are buying the US dollar when it weakens and selling on rallies. Dollar reserves and Bloomberg Dollar Index have moved …
Kashkari says the economy may be stronger than expected, with limited risk of major slowdown (earlier headline post). Sees labour-market weakness as a bigger risk …
JPMorgan and Goldman estimate jobless claims fell to ~217k despite data gaps from the shutdown. Both layoffs and hiring remain subdued, keeping the labour market …