PBoC sets USD/CNY mid-point at 6.8594 vs exp. 6.8112 (Prev. 6.8648)
The PBoC's mid-point setting for USD/CNY at 6.8594 is notably higher than the market expectation of 6.8112, signaling a more cautious stance on the Yuan.
China's PLA warns Japan following Taiwan Strait transit
PRE-MARKET CHINESE STOCKS NEWS: Earnings updates
PBoC sets USD/CNY mid-point at 6.8594 vs exp. 6.8112 (Prev. 6.8648)
BoK's new Governor Shin says to seek inflation stability and financial stability through cautious and flexible monetary policy operations
US VP Vance is to travel to Pakistan on Tuesday for Iran talks, according to sources cited by Axios
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This adjustment could reflect concerns about currency stability and economic growth, influencing FX markets and potentially leading to shifts in risk sentiment and foreign exchange flows.
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