PBOC sets USD/ CNY reference rate for today at 6.8373 (vs. estimate at 6.7992)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. more to come
This articl ...
US markets face shortened Friday and full Monday closure for Memorial Day
US stock and bond markets close Monday for Memorial Day, with bond markets also shutting early Friday at 2:00 p.m. ET ...
PBOC is expected to set the USD/CNY reference rate at 6.7992 – 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 core inflation hits four-year low in April but war-driven rebound seen ahead
Japan’s core CPI rose just 1.4% in April, a four-year low driven by government subsidies, but analysts warn the ...
Japan Core inflation rate 1.4% y/y vs. 1.7% expected
Japan April inflation data:Headline CPI (Y/Y) 1.4% expected 1.6%, prior 1.5% CPI Excluding Fresh Food (core CPI) 1.4% ...
UK and Irish consumers edge up from lows but spending caution runs deep
UK consumer confidence beat forecasts in May at -23, while Irish sentiment rebounded sharply from a 40-month low, tho ...
Morgan Stanley sees Japan reflation intact despite energy shock short-term drag
Morgan Stanley says Japan’s reflation story remains structurally intact despite near-term energy shock headwind ...
New Zealand Q1 2026 Retail sales beat estimates: +0.9% q/q (expected +0.6%)
New Zealand Retail Sales Q1 2026+0.9% q/q expected +0.6%, prior +0.9%+4.5% y/yprior + 4.4%
This article was writt ...
ICYMI – Exxon in talks to return to Venezuela oil fields nearly two decades after exit
Exxon Mobil is in talks to return to Venezuelan oil production nearly two decades after being pushed out, with a deal ...
Talks between Iran and the United States are continuing through Pakistani intermediaries
ISNA, the Islamic Students News Agency, is a semi-official Iranian news agency, considered a credible, if state-adjac ...
Australian dollar under pressure say analysts as RBA rate-hike cycle seen nearing its end
The Australian dollar is under pressure after weak Chinese and domestic labour data, with analysts warning the RBA ra ...
Economic and event calendar in Asia Friday, May 22, 2026 – Japan CPI, ECB’s Lane speaking
I previewed the Japan inflation data here:A third consecutive month of core CPI below the BOJ’s 2% target would ...