Forex
China sets 1 and 5 year LPR rates unchanged, as expected
1-year Loan Prime Rate 3.45%expected and prior of 3.45%5-year Loan Prime Rate 3.95%expected and prior 3.95%the 5-year was cut in February: PBoC’s largest...
PBOC sets USD/ CNY mid-point today at 7.0968 (vs. estimate at .71967)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...
China PBoC Interest Rate Decision meets forecasts (3.45%)
China PBoC Interest Rate Decision meets forecasts (3.45%)
Morgan Stanley Wealth Management cite BOJ tightening pivot as a risk to US equites
The CIO of Morgan Stanley Wealth Management says that there is a likelihood of further Bank of Japan policy tightening to come. "This...
Estimates are that drone strikes have taken out 900,000 bpd Russian oil refining capacity
Source for the 900,000 barrels a day estimate is from this piece here:JPMorgan Chase, meanwhile, estimated the Ukrainian attacks had taken about 900,000...
China and Australia foreign ministers meeting: Two economies are complementary
Chinese foreign minister Wang Yi met Australia's foreign affairs minister Penny Wong on Tuesday.
PBOC is expected to set the USD/CNY reference rate at 7.1967 – Reuters estimate
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...
USD/JPY above 151.00
The Bank of Japan pivot to tightening hasn't helped strengthen the yen.The extremely well-telegraphed move saw a jump into long yen positions and...
Federal Open Market Committee (FOMC) preview: the clear risk is it defers cuts
A very brief snippet from the Bank of America Federal Open Market Committee (FOMC) preview. Bolding is mine, this is going to be...
GBP/USD holds above the 1.2700 mark, UK CPI, Fed rate decision eyed
The GBP/USD pair trades in negative territory for the fifth consecutive day during the early Asian session on Wednesday.