The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.PBoC inject 500mn yuan via 7-day reverse repos in Ope...
The rally reflects a broadly risk-on tone across Asian equities, with chip-linked names in Tokyo and Seoul benefiting most directly from renewed AI demand optim...
Earlier:China injects $54 billion into state banks and insurers to shore up capital---The People’s Bank of China is due to set the daily USD/CNY reference rate ...
The move in USD/JPY, from near 160 to under156 over the space of a week, reflects a rapid repricing of BOJ intentions rather than a broader dollar story, with m...
The gap between the Navy's account and the independent traffic data is itself the market-relevant signal. Kpler's 10-day average of just 10 vessels a day, the l...
A quick catch-up of the PMI prints that we got for today:Spain August services PMI: 57.8 (previously 58.3)Spain August composite PMI: 55.8 (previously 56.5)Ital...
FUNDAMENTAL OVERVIEWUSD:The US dollar has been pulling back across the board on potential profit-taking as the hawkish repricing stabilised. The upcoming US CPI...
Gold prices are starting today on a stronger foot, buoyed by the rebound yesterday - especially in US trading. At some point, gold touched a near four-week low ...
Switzerland August CPI +0.4% vs 0.0% m/m expected (Prior -0.1%)Switzerland August CPI +0.8% vs +0.5% y/y expected (Prior +0.4%)Switzerland August core CPI +0.4%...
EUROPEAN SESSIONIn the European session, we get the final PMIs for the major Eurozone economies and the UK, as well as the Eurozone PPI report. None of the data...
As we get into the second half of the week, the bond market continues to be a key spot to watch. The big story this week is how bond yields have surged to multi...