Earlier: US Treasury says yuan undervalued, urges China to allow appreciation — The People’s Bank of China is due to set the daily USD/CNY reference …
Category: Central Banks
Softer January Tokyo inflation data eases pressure on the BoJ to hike rates again soon, despite a still-tight labour market. Summary: Tokyo inflation slowed across …
Summary: The US Treasury said the Chinese yuan is “substantially undervalued” and called for a timely, orderly appreciation. Treasury again stopped short of naming any …
We’ve been waiting for a decision ‘next week’ for several weeks now but Trump is kicking back the goalposts further: “We’re going to be announcing …
There is unusual potential for a new shock, a new disruption due to Trump policies Geopolitical risks are elevated and attacks on the Fed’s independence …
Summary: All four major Australian banks now expect a 25bp RBA rate hike next Tuesday, following a stronger-than-expected Q4 inflation outcome. The shift contrasts with …
Economists expect the RBI to stay on hold in February, with policy focus shifting to transmission and currency stability. Summary: A Reuters poll shows the …
Stronger inflation has locked in February RBA hike expectations, supporting the AUD but leaving risks of further tightening alive. Summary: MUFG and CBA both say …
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a …
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 …