PBoC is expected to set USD/CNY mid-point at 6.8138 (prev. 6.8487)
The PBoC's adjustment of the USD/CNY mid-point suggests a rebalancing of the yuan, with a notable shift from the previous level.
Taiwan is reportedly finalising a 25-year US LNG deal valued at USD 15bln with Cheniere Energy (LNG)
Labour holds onto its seat in the Farnworth (Halton) ward by one vote
PBoC is expected to set USD/CNY mid-point at 6.8138 (prev. 6.8487)
[MARKET UPDATE] Asia-Pac bourses trade in the red (ASX 200 -0.9%, Nikkei 225 -0.7%, KOSPI -1.8%) while US equity futures reverse earlier losses; WTI futures pull back from highs but remains firmly in the green; DXY muted
US President Trump says his trip to China is going to proceed and that a great meeting will be had
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This decision could reflect concerns about economic conditions or trade relationships, and it may influence market perceptions of the yuan's strength, potentially impacting USD flows and broader risk sentiment in Asian markets.
Related headlines
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)7 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)8 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates5 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 12 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest1 hour ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week6 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging8 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI13 hours ago
- Newsquawk European Market Wrap - 8th September 202618 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20262 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes1 hour ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 17 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday18 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war5 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20307 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks9 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies12 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL14 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective17 hours ago
The whole workspace, free to try.
Try it free