WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0979 as compared to Friday’s fix of...
People’s Bank of China (PBOC) Deputy Governor said on Thursday that “there is still room for cutting the Reserve Requirement Ratio (RRR). Further comments Will promote effective...
Share: Economists at Commerzbank expect the Gold price to remain supported as the PBoC is set to continue buying Gold. Chinese central bank continues to buy...
Share: USD/CNH attempts to retrace its recent gains on the subdued US Dollar. Chinese CPI declined by 0.8% YoY against the expected 0.5% decline. Fed members’...
Share: On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1070 as compared to Friday’s fix...
Share: Economists at ING analyze structural issues faced by China’s economy and the USD/CNH outlook. Increasing talk of the PBoC needing to cut interest rates further...
Share: People’s Bank of China Governor Pan Gongsheng said on Wednesday that China’s monetary policy is based on domestic conditions and added that they will improve...
Share: NZD/USD plunges slightly below 0.6200 as PBoC maintains interest rates steady. The safe-haven bets have strengthened amid geopolitical tensions. Market participants will focus on the...
Share: The People’s Bank of China’s (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may...
Share: As we kick off 2024, China’s economic outlook remains clouded. Economists at TD Securities lay out their expectations for fiscal and monetary policy this year....
Share: The Yuan has weakened against the Dollar by over 3% year to date. Economists at Commerzbank analyze USD/CNY outlook. China-US interest rate differentials will persist...
Share: The People’s Bank of China announced on Wednesday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve. The Chinese central bank left the one-year...
Share: The People’s Bank of China (PBoC) issues a 1-year Medium-term Lending Facility (MLF) at an unchanged rate of 2.5%. Injects 1.45 trillion Yuan vs. the...
Share: The People’s Bank of China (PBOC) issued a notice on Monday to strengthen financial support for private companies. Additional takeaways To encourage institutional investors to...
Share: USD/CNY is holding steady around the 7.30 level and has been range bound between 7.24-7.36 for the past two months. Economists at Commerzbank analyze the...
Share: On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1779 as compared to the previous...
Share: On Monday, the People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead at 7.1789, compared with the 7.2945 estimated...
Share: Following the third-quarter monetary policy meeting, the People’s Bank of China (PBOC) said that they will “step up macro policy adjustments.” The Chinese central bank...
Share: USD/CNH retraces the previous day’s gains on China’s positive economic data. PBoC has reduced the Reserve Requirement Ratio by 25 bps. US Dollar (USD) is...