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Category: Central Banks

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PBOC sets USD/ CNY central rate at 7.1876 (vs. estimate at 7.1842)

Posted onMay 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
Central Banks, Forex Short News

BIS’ Carstens: Essential for fiscal authorities to curb relentless rise in public debt

Posted onMay 27, 2025

Agustín Carstens (head of the Bank for International Settlements): Essential for fiscal authorities to curb relentless rise in public debt With days of ultra-low rates …

Forex Short News
Central Banks, Forex Short News

JPY is trading stronger on the back of solid inflation data, BoJ Gov Ueda comments

Posted onMay 27, 2025

The data from Japan is here: Japan Services Producer Price Index (April 2025) +3.1% (expected +3.0%, prior +3.1%) And Ueda here: Bank of Japan Governor …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1842 – Reuters estimate

Posted onMay 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
Central Banks, Forex Short News

Bank of Japan Governor Ueda – close to inflation target but not quite there

Posted onMay 27, 2025

Bank of Japan Governor Ueda: While many of my G7 colleagues looked relieved by progress made in fight against inflation, they also acknowledged new challenges …

Forex Short News
Central Banks, Forex Short News

Japan Services Producer Price Index (April 2025) +3.1% (expected +3.0%, prior +3.1%)

Posted onMay 26, 2025

Japan services PPI for April 2025 from the Bank of Japan: +3.1% expected +3.0%, prior +3.1% Also referred to as the Corporate Services Price Index …

Forex Short News
Central Banks, Forex Short News

More preview remarks on the expected RBNZ 25bp rate cut this week

Posted onMay 26, 2025

The Reserve Bank of New Zealand is widely expected to cut its cash rate by 25bp on Wednesday, local time 2pm which is 0200 GMT …

Forex Short News
Central Banks, Forex Short News

Central bank conference kicks off today, its just like Jackson Hole but in Tokyo!

Posted onMay 26, 2025

A two-day Bank of Japan-hosted conference, likened to the Fed’s Jackson Hole, begins Tuesday in Tokyo. Central bankers and academics from the U.S., Europe, and …

Central Banks
Central Banks

Reserve Bank of New Zealand expected to cut its cash rate by 25bp this week – preview

Posted onMay 26, 2025

All major banks in New Zealand are expecting the Reserve Bank of New Zealand to cut its cash rate by 25bp at its meeting on …

Forex Short News
Central Banks, Forex Short News

ICYMI: PBoC ‘asks’ major banks to increase yuan share in crossborder trade to 40%, from 25

Posted onMay 26, 2025

The People’s Bank of China requested its biggest banks to increase the use of the yuan in trade with foreign partners raising the required ratio …

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