PBOC fixes yuan central rate at 6.7804, above estimate
PBOC set the yuan central rate at 6.7804 per dollar, above estimates, and conducted a net 4 billion yuan drain via reverse repos.
PBOC set the yuan central rate at 6.7804 per dollar, above estimates, and conducted a net 4 billion yuan drain via reverse repos.
China releases August trade data today, with export and import growth expected to accelerate, while a beat could support risk currencies like the Australian…
Japan's GDP and China trade data due Tuesday; preliminary Q2 GDP missed expectations.
China's gold reserves rose to 76.73 million ounces in August, marking the 22nd consecutive month of purchases.
China's central bank set the yuan reference rate at 6.7795, stronger than the 6.7086 estimate, and drained liquidity via reverse repos.
The PBOC is expected to set its daily USD/CNY reference rate at 6.7086, according to a Reuters estimate.
China injects $54 billion into state banks and insurers to bolster capital, with funds allocated to China Life, ICBC, and others.
Justin Sun's reputation in China crumbles as he posts strange claims about actress, argues with journalist, and proposes livestream height measurement.
Mango Excellent Media shares jumped 64% after the debut of China's first fully AI-generated TV drama, sparking a buying spree in AI content stocks.
China's private services PMI rose to 51.4 in August, beating expectations, as domestic demand drove faster new business growth and a fourth month of job gains.
PBOC set yuan reference rate at 6.7807, above estimates, and conducted no reverse repo operations while 103 billion yuan matured.
This week's China PMI data is recapped, with Thursday's services PMI from RatingDog and implications for AUD.
A flood of headlines from Washington on beef, oil, China, AI, bonds, and Japan as officials tout plans but face delivery challenges.
Trump warns that towns rejecting data centers will be 'backwards and poor' and says China benefits from the opposition.
China's private manufacturing PMI rose to 51.5 in August, beating expectations and marking the ninth consecutive month of expansion, the longest in five…