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
Goldman Sachs says OPEC+ decision to start gradually unwinding the 1.65 mb/d of cuts likely primarily reflects that OECD commercial stocks remain low says it …
President Donald Trump urged foreign companies operating in the U.S. to respect immigration laws and prioritise hiring and training Americans after federal agents raided Hyundai’s …
Japan’s economy grew more strongly than first estimated in Q2, extending its expansion streak to five consecutive quarters. Revised data showed real GDP rising at …
Japanese equites are solidly higher in morning trade. The Topix has hit a record high. Nikkei 225 is up 1.4%. PM Ishiba’s resignation has been …
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 …
Revised economic growth data from Japan for the April to June quarter of 2025 comes in better than the flash reading for the data did. …
UK employers offered their lowest pay settlements since late 2021 in July, while hiring slowed further, according to new surveys. Bolding below is mine. Very …
Trump says not happy with Russia-Ukraine ‘situation’: European leaders are coming over to our country on Monday or Tuesday, individually Says thinks Russia-Ukraine conflict will …
Swiss National Bank President Martin Schlegel said the bar is very high for reintroducing negative interest rates, given their harmful effects on savers and pension …