S&P: New Zealand ‘AA+/A-1+’ foreign currency and ‘AAA/a-1+’ local currency ratings affirmed New Zealand’s real GDP fell 1.1% over the 12 months to June 2025, …
Author: admin
I noted earlier the hit the USD was taking from the strong CNY setting: The PBOC cracking 7.1 in its USD/CNY fix has sent the …
China’s deflation pressures eased slightly in September, though price declines remain entrenched, leaving the economy on course for its longest deflationary stretch since market reforms …
In its intensifying trade dispute with Washington, Beijing believes it has found a key point of U.S. vulnerability: President Trump’s obsession with the stock market, …
China September CPI -0.3% y/y vs. expected -0.2%, prior -0.4% CPI +0.1% m/m expected +0.2%, prior 0% PPI -2.3% y/y expected -2.3%, prior -2.9% for …
7.1 is a ’round number’ psychological level for the USD/CNY refernce rate fixing. Today: PBOC sets USD/ CNY mid-point today at 7.0995 !!! (vs. estimate …
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). …