China's central bank fixes yuan midpoint at 6.7795, above estimate
China's central bank set the yuan reference rate at 6.7795, stronger than the 6.7086 estimate, and drained liquidity via reverse repos.
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China's central bank set the yuan reference rate at 6.7795, stronger than the 6.7086 estimate, and drained liquidity via reverse repos.
Gold holds steady as strong jobs data keeps a September rate hike in play. Perth Mint sales slowed in August.
Asian stocks rallied on AI optimism, with chip stocks surging in Japan and South Korea, and the won hitting its strongest since October 2024.
The PBOC is expected to set its daily USD/CNY reference rate at 6.7086, according to a Reuters estimate.
USD/JPY plunged as markets price in likely back-to-back BOJ rate hikes, with September now nearly fully priced.
Strait of Hormuz shipping traffic fell to its lowest since May, data show, despite US Navy claims of increased escorts.
Goldman Sachs says next week's inflation data, not the strong jobs report, will decide the Fed's September move. It expects a benign CPI to hold rates steady.
Cleveland Fed's Beth Hammack said it is time to act on inflation; investors now price slightly above 60 percent odds of a September rate hike.
Purported white-hat hackers removed 4,000 BTC from the Liquid Network federation wallet, halting bridge nodes and pausing the sidechain.
Hedge funds raised oil bets to a three-month high as diesel and gasoline positions hit records, signaling persistent inflation risk.