Chinese authorities press conference announce further measures to prompt economic growth and employment. Present are officials from the: National Development and Reform Commission (China’s ‘state […]
PBOC sets USD/ CNY reference rate for today at 7.2043 (vs. estimate at 7.2828)
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). […]
Mr Yen says Completely untrue about media report that Bessent said stronger yen preferable
Japan top currency diplomat Mimura: “Completely unture” about media report that US Treasury Sec Bessent said stronger yen preferableNo Talks About FX Target held during […]
Weekend data: China’s YTD industrial profits rose 0.8% y/y in Q1 (prior -0.3%)
China’s industrial profits YTD rose 0.8% y/y in Q1, reversing the 0.3% decline in the first two months, but face ongoing pressure from U.S. tariffs […]