PBoC sets USD/CNY mid-point at 6.9533 vs exp. 6.9385 (Prev. 6.9608)
The PBoC's setting of the USD/CNY mid-point at 6.9533, slightly above expectations, suggests a modest strengthening of the yuan against the dollar compared to the previous fixing.
PBoC injects CNY 75bln via 7-day reverse repos with the rate at 1.40% for a net drain of CNY 203bln
PRE-MARKET CHINESE STOCKS NEWS: Chinese RatingDog Services and Composite PMI data is scheduled today
PBoC sets USD/CNY mid-point at 6.9533 vs exp. 6.9385 (Prev. 6.9608)
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singtel (ST SP) and KKR will acquire Singapore-based ST Telemedia Global Data Centres for SGD 6.6bln
Anthropic plans employee tender offer at USD 350bln valuation
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 adjustment could indicate the central bank's attempt to support the yuan amid ongoing economic pressures, potentially influencing risk sentiment and cross-asset flows in the region.
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 losses1 day ago
- Newsquawk European Market Wrap - 11th September 20261 day 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 Japan1 day ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open1 day 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 20261 day 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 15th1 day ago
- US President Trump reiterates that Iran will never possess a nuclear weapon1 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded1 day ago
- Newsquawk Preview: US CPI due Friday 11th September at 13:30BST/08:30EDT1 day 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