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). …
Category: Forex Short News
I posted earlier on moves in China to dump bad property-related loans: China sets record in bad asset disposals, shifts focus to housing market More …
TD Securities notes that the Shanghai Gold Exchange has admitted four major Chinese life insurance companies as members under a new pilot program, potentially paving …
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 …
Trump’s added 25% tariff announcement earlier: Trump slaps a 25% tariff on all cars not made in the USA The USD has risen after Trump’s …
The Dallas Fed Energy Survey is a quarterly survey conducted by the Federal Reserve Bank of Dallas that provides insights into the oil and gas …
Trump said he may reduce tariffs on China to help facilitate a deal for ByteDance to sell TikTok’s U.S. operations. He suggested a small tariff …
UBS outlined three reasons to favour U.S. artificial intelligence firms over those of China: Higher Capex: U.S. AI firms are investing more heavily (20% vs. …
This comes from the folks at eFX Nomura: Retains Long JPY Bias Amid Tariff Uncertainty and Domestic Policy Sensitivity By eFXdata Synopsis: Nomura maintains a …
News from earlier is here: Trump slaps a 25% tariff on all cars not made in the USA The USD has risen after Trump’s announcement …