Beijing to Accelerate Infrastructure Spending Amid Economic Slowdown
China's Politburo has committed to accelerating spending on pre-approved infrastructure projects rather than introducing new stimulus measures, following disap…
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The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic considerations. The reference rate is a key signal for investors regarding China's currency policy amidst fluctuating global conditions.
Read storyChina's Politburo has committed to accelerating spending on pre-approved infrastructure projects rather than introducing new stimulus measures, following disap…
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 6.7898 for today, exceeding market expectations of 6.7364. The central bank continues t…
China's manufacturing Purchasing Managers' Index (PMI) for July registered at 49.2, below the expected 50.0 and down from the previous month's 50.3, signaling…
The Bank of Japan (BOJ) kept interest rates unchanged, while mixed economic indicators emerged from China and Australia. The USD/JPY pair saw volatility as Jap…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…