PBoC is expected to set USD/CNY mid-point at 6.8282 (prev. 6.8579)
The People’s Bank of China (PBoC) is expected to adjust the USD/CNY mid-point to 6.8282 from the previous 6.8579.
[MARKET UPDATE] Crude futures rise while equity and fixed income futures fall as further reports circulate about US President Trump's dissatisfaction with the Iranian proposal
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: MediaTek works with OpenAI and QCOM
PBoC is expected to set USD/CNY mid-point at 6.8282 (prev. 6.8579)
Japanese Finance Minister Katayama says volatility in crude is affecting FX, ready to take decisive action; will closely coordinate with the US and will act when necessary; standing by around the clock
US President Trump is unhappy with the Iranian proposal, according to a US official
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 demonstrates a strengthened yuan, which may aim to provide support against external pressures, impacting dollar flows and overall market sentiment towards risk assets. Watch for possible implications on trade and interest rate expectations in both China and the U.S.
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/BBL13 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