PBOC sets USD/ CNY reference rate for today at 6.8415 (vs. estimate at 6.7976)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Injects 500mn yuan via 7-day ...
Japan finance minister heads to G7 as energy costs and bond yields dominate
Japan’s finance minister will attend the G7 meeting in France from May 17, flagging a flexible fiscal response ...
Japan wholesale prices surge 4.9% as Iran war drives import cost spike
Japan’s wholesale prices rose 4.9% year-on-year in April, far above the 3.0% forecast, as Iran war-driven oil c ...
USTR Greer flags China ag deal progress but holds firm on tariff uncertainty
USTR Greer said an agricultural deal worth double-digit billions is expected from the US-China summit, with China mee ...
More from Fed’s Barr – hasn’t decided on what to do at June FOMC meeting
Fed’s Barr:I haven’t decided on what to do at June FOMC meetingTrying to determine what energy shock will do to infla ...
PBOC is expected to set the USD/CNY reference rate at 6.7976 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
Japan April wholesale prices surge, PPI +4.9% y/y (expected +3%, prior +2.6%)
Japan April 2026 PPI +4.9% y/yexpected +3%, prior +2.6%yen-based import price index rose at its fastest pace y/y sinc ...
Ex-Google CEO Schmidt says cash, not energy, is the real limit on AI growth
Ex-Google CEO Eric Schmidt says the true constraint on AI growth is capital, not energy, estimating 10 gigawatts of c ...
Fed’s Barr warns shrinking balance sheet via liquidity cuts risks stability
Fed Governor Barr said lowering liquidity rules to shrink the Fed’s balance sheet is misguided and would increa ...
More from Fed’s Williams, sees no case for rate move as policy sits in good place
Fed’s Williams said monetary policy is in a good place and mildly restrictive, seeing no reason to raise or low ...
New Zealand manufacturing expansion slows sharply in April, PMI data shows
New Zealand’s manufacturing PMI slipped to 50.5 in April from 52.8 in March, with new orders and raw material d ...
Fed Williams sitting on the fence on inflation, but says persistent above target
more to comeNY Fed.
This article was written by Eamonn Sheridan at investinglive.com.