PBoC sets USD/CNY mid-point 6.7804 at vs Exp. 6.7104 (prev. 6.7795)

Newsquawk Staff · 8 Sept 2026, 01:35 UTC

What our morning note said

Rates and central banks · about 19 hours before this headline

DXY trades lacklustre in holiday-thinned conditions; G10s are steady against the USD.

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Case studies

Headlines from our feed, and what the market did next.

Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%
"A breakthrough is expected to be announced this week to halt the escalation between Washington and Tehran", Al Araby Al Jadeed reports citing a source.
WTI crude−1.1%

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