PBoC is expected to set USD/CNY mid-point at 6.9896 (prev. 7.0173)
The PBoC's decision to set the USD/CNY mid-point significantly lower at 6.9896, down from the previous 7.0173, implies a more supportive stance towards the yuan, potentially aimed at stabilizing economic sentiment.
Australian RBA Trimmed Mean CPI YoY (Nov) Y/Y vs. Exp. 3.1% (Prev. 3.3% )
Australian RBA Trimmed Mean CPI YY (Nov) 3.2% vs. Exp. 3.2% (Prev. 3.3% )
PBoC is expected to set USD/CNY mid-point at 6.9896 (prev. 7.0173)
[MARKET UPDATE] WTI crude futures continue to trickle lower and are down over USD 1/bbl following US President Trump's announcement that Venezuelan authorities will be turning over 30mln-50mln bbls of oil to the US
[MARKET UPDATE] Asia-Pac stocks begin mostly higher following the fresh record levels on Wall St, although Japanese stocks lag amid frictions with China after the latter imposed export controls on dual-use items to Japan
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 shift may influence flows into risk-sensitive assets and could prompt adjustments in the forex markets, particularly affecting the dollar's strength against the yuan and broader currencies.
Related headlines
- Newsquawk Daily US Opening News - 11th September 20262 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- [MARKET ANALYSIS] Fixed income benchmarks hold steady with markets on high alert for the US CPI print2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources1 day ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- Newsquawk Preview: US CPI due Friday 11th September at 13:30BST/08:30EDT2 days ago
- [MARKET ANALYSIS] European bourses benefit from cooling energy prices, US equity futures eye CPI data2 days ago
The whole workspace, free to try.
Try it free