China’s SAFE says FX market stable, resilient amid complex global backdrop
What stands out in SAFE’s remarks is as much what wasn’t emphasized as what was: the regulator devoted li ...
Asian and US equities slide as Nikkei drops 4.25%, Nasdaq futures down 1%
The equity slide spans both Asian and US futures, with Japan’s Nikkei taking the sharpest hit at down 4.25% whi ...
Trump’s China election claims risk unsettling trade truce ahead of Xi meeting
For markets, the relevant angle is less the election dispute itself and more what it signals about the US-China relat ...
Oil edges higher as US-Iran attacks widen to Jordan, Bahrain and Kuwait
The modest size of Friday’s move, given the scale of the overnight escalation, suggests the market has already ...
PBOC sets USD/ CNY reference rate for today at 6.7934 (vs. estimate at 6.7734)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.Previous close was ...
Trump blaming China for election breach back in 2020
Trump is speaking now. China …
This article was written by Eamonn Sheridan at investinglive.com.
(Unconfirmed) Reports that Iran has targeted King Fahd Causeway connecting Bahrain to Saudi Arabia
Iran is continuing to strike its neighbours in the region:Reports that Iran has targeted King Fahd Causeway connectin ...
Singapore June exports rise 20.7% but miss forecasts on non-electronics weakness
The miss against consensus, and the sharp deceleration from May’s two-decade high, suggests the AI-driven elect ...
PBOC is expected to set the USD/CNY reference rate at 6.7734 – 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), ...
Equities selling off, Nikkei down 3%. US equities lower also
Quick update, equites getting hited with middle east escalaion cited alongside poor lead from the US on Thursday.&nbs ...
Bernstein lifts 2026 gold target to $4,533 on central bank buying, muted Fed hikes
Bernstein’s revised targets reflect a bet that the real-rate headwind that hit gold in the second quarter, when ...
US bombs Iranian bridges to sixth day of strikes, choke off Bandar Abbas supply
The shift to severing physical supply routes into Bandar Abbas marks an escalation beyond the missile and drone facil ...