Reuters estimate puts PBOC's USD/CNY midpoint at 6.7174
Reuters sees PBOC's USD/CNY reference rate at 6.7174, with the fixing viewed as braking the yuan's pace rather than reversing its uptrend.
11/09/2026 00:4216 min read
Macro Rates
Japan's wholesale prices stay high, strengthening case for BOJ rate increase
Japan's wholesale inflation stayed hot in August, reinforcing expectations that the Bank of Japan will raise rates next week.
11/09/2026 00:4116 min read
Asian equities fall on US inflation, rising yields and oil surge
Asian markets fell Friday as US inflation data and higher bond yields fueled rate hike expectations, with oil prices also surging.
11/09/2026 00:2316 min read
NZ manufacturing expansion moderates in August, employment stalls at breakeven
New Zealand's manufacturing PMI fell to 53.1 in August from 54.3 but remains above the long-term average. Employment stalled at 50.0.
10/09/2026 22:5112 min read
Oil surges 7% as supply fears grip market
Oil rose 7% past $100 after Trump signalled the Iran war would continue, reinforcing supply fears.
10/09/2026 20:236 min read
Euro Stablecoin Interest Frozen as ECB Deposit Rate Hits 2.5%
ECB raised its key rates by 25bp to 2.5%, but euro stablecoin holders see no benefit as MiCA bans interest payments.
10/09/2026 18:579 min read
The oil market's abrupt surge is becoming a genuine headache
Brent and WTI both climbed 6% for a ninth straight session, sending Brent to its highest level since May. The rally is set to produce an ugly September CPI…
10/09/2026 18:126 min read
US Treasury auctions $22 billion in 30-year bonds at 5.308% yield
US Treasury sold $22 billion in 30-year bonds at a high yield of 5.308%, with strong international demand.
10/09/2026 17:1110 min read
Dollar Stagnation Threatens US Consumers and Markets
The US dollar has stalled for a month; a weak dollar could raise import costs for American consumers.
10/09/2026 16:567 min read
EURUSD Bounces from PPI Low, Faces Key Moving Average Resistance
EURUSD rebounded from 1.1593 after strong US PPI data, aided by ECB rate hike. The pair now tests the 200-day moving average at 1.16321.
10/09/2026 16:318 min read
US Inflation Data Triggers Selloff in Gold, Crypto, Stocks
US producer prices rose 0.4% in August, pushing gold and bitcoin lower as rate hike expectations increased.
10/09/2026 14:5610 min read
August Existing Home Sales Meet Forecasts at 3.98 Million
August existing home sales hit 3.98 million, matching estimates, with a 2.0% fall from the prior month.
10/09/2026 14:112 min read
Gold tumbles below key technical support as yields, dollar climb
Gold fell below $4,356 support after a hotter PPI reading pushed yields and the dollar higher.
10/09/2026 13:1211 min read
Oil surge, bond slide strengthen case for Fed rate hike
Oil crosses $100, 10-year yields reach 4.90%, and hot PPI reinforces Sept. 16 Fed hike bets.
10/09/2026 13:046 min read
ECB's Lagarde says eurozone economy shows continued strength
ECB President Lagarde said the eurozone economy is resilient and the near-term outlook has improved.
10/09/2026 13:022 min read