PBOC sets USD/ CNY reference rate for today at 6.8467 (vs. estimate at 6.7988)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.more to comeConfirmation from ...
WSJ: Rising defaults and redemption pressure push Apollo to weigh $3bn credit fund sale
Apollo Global Management is in talks to sell its $3bn BDC MidCap Financial Investment Corp after defaults jumped to 5 ...
Iran oil shock has put Fed rate cuts off the table and hikes back on, Pimco says
Pimco’s CIO warned the Financial Times (gated) that the Iran war’s energy shock could make Fed rate cuts ...
PBOC is expected to set the USD/CNY reference rate at 6.7988 – 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), ...
UK and France convene 40-nation defence meet on Hormuz as Iran issues war warning
The UK and France will co-chair a 40-nation defence ministers’ meeting Tuesday on plans to restore Hormuz shipp ...
Two tankers slip through Hormuz dark as Gulf oil crisis grinds on. Yeah, two. Yippee.
Two VLCCs carrying a combined 4 million barrels of Gulf crude exited the Strait of Hormuz last week with transponders ...
Economic and event calendar in Asia Monday, May 11, 2026 – China inflation data
We had Chinese trade data over the weekend:China’s April exports surge 14.1% as Iran war fear drives global sto ...
Japanese markets are about to get more active and respond to the US-Iran war of words
Iran Hormuz sovereignty claimSummary:Iranian state media reported that the U.S. proposal amounted to a demand for Ira ...
US futures trade has opened for the new week, oil is higher and equites a bit lower
Oil is higher. Up more than 3%. ES and NQ are a touch lower. Barely off at all. Globex open now. Catch up on the news ...
Futures aren’t open yet, but early FX is pointing to risk off gap
EUR down, AUD down, NZD down as examples. Yen hanging in there. Earlier:Iran state media says Iran wants sovereignty ...
Iran state media says Iran wants sovereignty over the Strait of Hormuz
Iranian state media:US proposal amounted to Iran surrendering to Trump’s excessive demandsIran’s proposal stressed th ...
China’s April exports surge 14.1% as Iran war fear drives global stockpiling rush
China’s April exports jumped 14.1% year-on-year to $359.4bn, smashing forecasts of 7.9%, while imports surged 2 ...