The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Previous close 6.9363 Injects 31.5bn yuan in 7day RRs …
South Korea’s $3bn FX bond sale strengthens reserves optics and the won’s safety net, but the currency’s direction still hinges on global rates and domestic …
Japan’s weak December household spending underscores inflation’s bite on consumers but is unlikely to derail expectations for BOJ tightening later this year. Summary: Japan’s December …
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 …
Gold and silver heavy again in Asia morning trade. Earlier … not bullish: More on CME raises margins on COMEX gold and silver futures after …
Japan Household Spending -2.9% m/m (expected -1.9%, prior +6.2%) This article was written by Eamonn Sheridan at investinglive.com.
Russian crude discounts to China have hit record levels as sellers chase demand amid uncertainty over India’s future imports. Summary: Discounts on Russian crude exports …