The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a …
Category: Central Banks
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
Wells Fargo sees limited global easing, with early Fed cuts driving near-term USD weakness before a second-half rebound. Summary: Wells Fargo expects two Fed rate …
Threat to the Federal Reserve risks spillover effects There is a very substantial scope for spillover Fed Chair Powell is a friend of mine and …
The BOJ looks set to keep rates steady for now while signalling a tightening bias as yen weakness and fiscal uncertainty lift inflation risks. Reuters …
China’s steady LPR decision underscores a cautious, targeted easing approach as policymakers weigh domestic weakness against financial stability. Summary: China left LPRs unchanged for an …
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” …
PBOC set 5-year Loan Prime Rate (LPR) at 3.5% 3.5% expected, 3.5% prior 1-year LPR 3.0% 3.0% expected, 3.0 prior The eighth consecutive month without …
Citi flags risk of three BOJ hikes if yen stays weak. Citi puts USD/JPY at the centre of the BOJ reaction function, with 160+ the …
Coming up from China today is the monthly Loan Prime Rate (LPR) setting. Which used to be a subject of mareket focus, but not so …