PBoC sets USD/CNY mid-point at 6.9025 vs exp. 6.8858 (Prev. 6.9194)
The People's Bank of China (PBoC) setting the USD/CNY mid-point at 6.9025, significantly above expectations, indicates a more CNY-friendly stance than the market anticipated.
Japan government issues emergency earthquake warning, as earthquake shakes buildings in Tokyo
PRE-MARKET CHINESE STOCKS NEWS: China Vanke (2202 HK) FY (CNY) net loss 88.6bln (prelim. loss 82.0bln), rev. 233.4bln (exp. 252.6bln)
PBoC sets USD/CNY mid-point at 6.9025 vs exp. 6.8858 (Prev. 6.9194)
US Secretary of State Rubio says have largely destroyed Iran's air force and can see the finish line with Iran objectives, adds end to Iran war is not today, not tomorrow but it is coming
United Arab Emirates is preparing to help the US and other allies open the Strait of Hormuz by force, according to WSJ
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This adjustment may influence expectations around future monetary policy and could put pressure on the dollar if it leads to shifts in risk appetite or capital flows amidst ongoing geopolitical considerations.
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