PBoC sets USD/CNY mid-point at 6.8975 (Prev. 6.8909)
Every headline is on the live feed 20 minutes before this site.
PBoC injects CNY 13bln via 7-day reverse repos with the rate at 1.40%
[MARKET ANALYSIS] Oil rallied following attacks on Middle East energy infrastructure
PBoC sets USD/CNY mid-point at 6.8975 (Prev. 6.8909)
Saudi Arabia intercepts and destroys 5 drones in its eastern province
Pony AI (2026 HK)and Chenqi Mobility launched joint robotaxi fleet with initial delivery of over 100 Gen-7 vehicles
On the Newsquawk feed at , 20 minutes before this page.
Context
The PBoC's adjustment of the USD/CNY mid-point to 6.8975 from 6.8909 suggests a slight weakening of the yuan against the dollar. This could indicate the central bank's intention to support exports amidst challenging economic conditions or counteract capital outflows. Traders should watch for potential impacts on risk sentiment and broader currency flows, particularly in the Asian session.
Related headlines
- Newsquawk Daily US Opening News - 16th October 20261 day ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 1 day ago
- Newsquawk European Market Wrap - 16th October 20261 day ago
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call1 day ago
- Newsquawk Weekly Economic Calendar - 19th-23rd October 20261 day ago
- [MARKET ANALYSIS] Crude benchmarks softer as Trump states Iran asked for a halt to strikes; spot gold moves a little higher1 day ago
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2+ TICKS LOWER AT 105-14+1 day ago
- Barclays see 25bps Fed hike each in December and January (prev. saw a hike in December this year)1 day ago
- NY Fed confirms that NatWest (NWG LN) has withdrawn as a primary dealer1 day ago
- US FX WRAP: Dollar weighed by Warsh avoiding forward guidance 1 day ago
- Week in Focus 19-23rd October 2026: Highlights include UK, Japan and Canada inflation, China Activity Data and Global Flash PMIs 1 day ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL1 day ago
- US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it1 day ago
- US President Trump says Israel has been helpful to Saudi Arabia1 day ago
- US President Trump, when asked about the Ukraine starlink slowdown, says i did not slow it down1 day ago
- US White House Press Secretary says on inflation, US President Trump is doing everything he possibly can1 day ago
- Iran Foreign Ministry Spokesperson says Iran is ready to help peacefully resolve issues between Saudi Arabia and Yemen; has always been ready to use best efforts to help resolve the conflict1 day ago
- Treasury Block Trades [Rolling Headline, 16th October 2026]1 day ago
- Irib reports that the East-West oil pipeline of Saudi Arabia has been targeted once again; adds, detection of a new thermal anomaly in the Yanbu area, near the oil pipeline1 day ago
The feed had this first.
Use the Platform